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Insurance

HDFC Life’s fourth-quarter results reveal a 13.7% year-on-year profit increase, surpassing expectations, reaching Rs 411.64 crore.

PJdesk - 19/04/20240

HDFC Life's fourth-quarter results: Private sector insurer HDFC Life Insurance reported a fiscal fourth-quarter profit of Rs 411.64 crore on Thursday, marking a 13.7% increase...

Bank

Bank of America’s profit declines due to reduced interest payments from customers

PJdesk - 18/04/20240

Bank of America Quarterly result: In the first quarter, Bank of America experienced a decrease in profit as its consumer division weakened and it wrote...

Bank

Morgan Stanley predicts that there won’t be any rate cuts from the RBI this fiscal year.

PJdesk - 18/04/20240

Morgan Stanley prediction on RBI monetary policy: Morgan Stanley's economists anticipate that the Reserve Bank of India's Monetary Policy Committee (MPC) might refrain from lowering...

News

The IMF has increased its GDP growth forecast for India in FY25 by 30 basis points to 6.8%.

PJdesk - 16/04/20240

IMF on Indian GDP The International Monetary Fund has revised its projection for India's GDP growth in the fiscal year 2025 (FY25). The organization raised...

NBFC

Jio Financial and BlackRock’s joint venture is set to introduce services in wealth management and broking

PJdesk - 16/04/20240

Jio Financial and BlackRock deal: On April 15, Jio Financial Services declared that it has initiated a partnership with BlackRock, a US-based company, to delve...

News

Indian Stock market kept on fall 3rd day in a row. Here are some reasons.

PJdesk - 16/04/20240

Indian Stock Market Live update Due to escalating tensions in the Middle East stemming from the Iran-Israel conflict in Gaza, coupled with the increase in...

Bank

Turkey’s central bank records a loss of $25 billion for the year 2023

PJdesk - 15/04/20240

Turkey's central bank In 2023, the Turkish central bank experienced a loss of 818.2 billion liras ($25 billion), marking a significant shift from previous years...

News

China Vanke says it has plans in place amid short-term liquidity pressure:Reuters

PJdesk - 15/04/20240

Acording to news agency Reuters, China Vanke, a state-supported real estate developer, has acknowledged encountering short-term liquidity constraints and operational challenges. However, the company stated...

Bank

India’s foreign exchange reserves surged by $2.98 billion to reach a new pinnacle of $648.562 billion at the week’s conclusion.

PJdesk - 15/04/20240

foreign exchange reserves update RBI announces a $2.98 billion surge in forex reserves, reaching a new pinnacle of $648.562 billion. In September 2021, the nation's foreign...

Bank

UCO Bank, Central Bank of India, and three additional Public Sector Banks (PSBs) have been instructed to increase their public shareholding to 25% by...

PJdesk - 15/04/20240

Banks news update UCO Bank, Central Bank of India, and three additional PSBs have been instructed to increase their public shareholding to 25% by August These...

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