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2 mins read

Nifty, Sensex continue to open flat amid FII sell-off and weak Q2 earning projections

The Nifty 50 and BSE Sensex saw marginal gains, while gains in Nifty FMCG provided some relief.

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Gen Z and Millennials prefer stocks and mutual funds; index funds trump over ETFs, say recent reports

Index investing is booming in India, particularly among young investors who favor index funds and E…

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4 mins read

World agrees on $300 billion climate aid for developing nations; India rejects the offer

COP29 concluded with a contentious agreement for wealthy nations to provide $300 billion annually b…

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2 mins read

Here are the benefits you get with India’s most expensive credit card with a ₹3.54 lakh annual fee

Credit cards have become a major part of India’s financial landscape in recent years. What was once…

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Anil Ambani's Reliance Group starts transformation journey, achieves near zero-debt

Reliance Infra announced a significant reduction in standalone external debt, lowering it from Rs 3…

PTI   


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6 mins read

Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…

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Sensex, Nifty close lower amid massive selling in heavyweight stocks, mixed global cues

Mumbai's Sensex and Nifty indices fell for the sixth consecutive session, influenced by significant…

PTI   


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Mutual funds in spotlight: Industry grew at 23.65% CAGR since March 2021

India's mutual fund industry is experiencing remarkable growth, with assets under management reachi…

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BBG Ventures raises $60 million for its latest fund and moves beyond just backing female founders

BBG Ventures raises a $60 million fund and adds new investors like Pivotal Ventures, California End…

Leena Rao   


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3 mins read

FIU imposes over Rs 1.66 crore fine on Axis Bank for failing to detect fraud NSG account

The Financial Intelligence Unit has slapped a fine of more than Rs 1.66 crore on Axis Bank for "fai…

PTI   


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1 min read

Sensex, Nifty climb in early trade on rally in global markets, foreign fund inflows

The 30-share BSE Sensex climbed 241.68 points to 81,801.22 in early trade. The NSE Nifty went up 78…

PTI   


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Sensex, Nifty decline in early trade as FPIs selling spree, IT stocks dampen market sentiment

Equity benchmark indices declined in early trade on Monday, owing to relentless foreign fund outflo…

PTI   


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Don’t need to raise more capital immediately, says Axis Bank’s CEO Amitabh Chaudhry

Axis Bank will not need to raise more capital after the Reserve Bank of India mandated banks to inc…

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6 mins read

A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …

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4 mins read

USD 1 trillion a year needed for developing nations by 2030: High-Level Group on Climate Finance

The report comes a day after several wealthy nations, including Germany, Canada, France and the Net…

PTI   


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3 mins read

Sensex and Nifty fall sharply on inflation and foreign fund exodus, marking multi-month lows with five-day losing streak

Both the Sensex and Nifty faced significant losses on November 13, driven by a combination of weak …

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2 mins read

World Bank raises GDP projection, says India to keep its fastest-growing economy tag

The World Bank has upwardly revised India's GDP growth forecast for the current financial year 2024…

ANI   


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6 mins read

Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans

India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…

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7 mins read

Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans

India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…

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1 min read

SBI raises lending rates by 5 to 10 basis points; New loans to cost more

The State Bank of India (SBI) on Monday announced an increase in its Marginal Cost of Funds Based L…

ANI