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2 mins read

SBI aims to become first financial firm to cross milestone of Rs 1 lakh crore profit: Chairman

SBI recorded a standalone net profit of Rs 61,077 crore in FY24, registering a growth of 21.59%.

PTI   


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Afcons Infra fixes IPO price at Rs 440-Rs 463 per share, issue to open on October 25

Afcons will reportedly use around Rs 80 crore from IPO proceeds to fund capital expenditure and pur…

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3 mins read

India may boost FY25 capex by 8-10% amid surging revenues and record RBI surplus, says Market Kaleidoscope report

This fiscal boost comes as India reaches a historic financial milestone. The total market capitaliz…

ANI   


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3 mins read

RNFI Services Limited IPO to open on July 22; company aiming to raise Rs 70 crores

RNFI Services Limited, offering advanced financial technology solutions, has announced its plan to …

ANI   


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2 mins read

India's strong economic recovery is led by fiscal expenditure: DSP MF

India's tax collections have also demonstrated robust growth, with gross tax revenue showing a five…

ANI   


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Capex and incentives will lead capital goods sector surge by 9-11% in FY25: CRISIL Ratings

In an outlook for India's capital goods sector, leading manufacturers are poised for sustained doub…

ANI   


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Net NPAs of Indian banks dropped by 24.9% and Gross NPAs by 15.2% as of June 2024: CareEdge

The gross non-performing assets (GNPAs) of scheduled commercial banks (SCBs) fell by 15.2 per cent …

ANI   


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1 min read

Economic Survey pegs growth at 6.5-7%; solidifying India's strong macroeconomic fundamentals: CBRE

Inflation is anticipated to moderate around 4.5 per cent and it reflects a 'well-balanced' economic…

PTI   


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2 mins read

Economic Survey highlights public sector investment's role in driving infra growth; Underlines need for private sector to step up

Finance Minister Nirmala Sitharaman on Monday tabled the Economic Survey 2023-2024 in the Lok Sabha…

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3 mins read

Capex cycle to touch ₹21 lakh crore in FY23, but there's a catch

Listed private companies’ capex, driven by capital intensive industries, nudged up to ₹7 lakh cr…

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1 min read

PM asks India Inc to step up investment

In this backdrop, he said, "I would also call upon the private sector of the country to increa…

PTI   


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1 min read

Capital expenditure target of ₹7.5 lakh crore for FY23 to be met: Economic Survey

Capital expenditure has started pushing private investment and the Budget target of Rs 7.5 lakh cro…

PTI   


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14 mins read

Veteran analysts say the world's biggest private-equity firm could be in big trouble

Blackstone's real-estate fund, BREIT, boasts assets of $114 billion. But is it a house of cards?

Bethany McLean   


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2 mins read

Bankers say private capex will take one more year to revive

Banking industry's lobby grouping Indian Banks Association's chairman A K Goel said the increased c…

PTI   


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2 mins read

Mobikwik replans market debut with plans of raising ₹700 crore

Fintech One Mobikwik Systems has filed a Draft Red Herring Prospectus (DRHP) with SEBI to raise ₹70…

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3 mins read

India on the brink of witnessing a 2003-08 kind of capex push but challenges remain

India's markets are hitting new highs every day, and the government is hoping that this will lead t…

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3 mins read

India's total health expenditure for 2018-19 was at Rs 5.9 lakh crore: National Health Accounts report

The Expenditures by all Government Financed Health Insurance Schemes combined are Rs. 12,680…

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3 mins read

India’s second largest private port operator, JSW Infra’s IPO to open on September 25

JSW Infrastructure will open its initial public offer (IPO) on September 25 and close on September …

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5 mins read

Capital-intensive, cyclical and value stocks to continue their outperformance

Capital-intensive, cyclical and value stocks have outperformed since FY21, according to a report by…

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1 min read

Uno Minda subsidiaries to expand at ₹300 cr outlay

Automotive component maker Uno Minda Ltd on Thursday said its subsidiaries making alloy wheels and …