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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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4 mins read

Indian economy to outpace world average growth in 2023 – Can it duck global headwinds?

Capex revival and increased infrastructure spending by the government are likely to be among the ke…

Sarah Al-Arshani   


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There's a risk the Fed fuels an economic slump as a credit crunch will worsen the impact of its war on inflation, KPMG's chief economist says

KPMG's Diane Swonk warned that a looming credit crunch makes it more likely that the Fed's rate hik…

George Glover   


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Strengthening credit quality and Biden's massive infrastructure plan is setting industrial stocks up for further big gains

A stronger credit outlook and a pending infrastructure plan are paving the way for industrial stock…

Carla Mozée   


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4 mins read

Why Wall Street's love of data for loans and credit worthiness does not extend to measuring diversity, equity, and inclusion.

Tackling banks' lack of diversity, Elon Musk teased a new website that could rival Twitter, and Ban…

Aaron Weinman   


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Pride Circle to host Asia's biggest LGBT+ conference and job fair virtually on May 8

Pride Circle is set to host its 3rd edition of Asia's biggest LGBT+ Conference and Job Fair -- Reim…

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Billionaire investor Carl Icahn reveals an almost 5% stake in Southwest Gas - and blasts the utility's $2 billion deal to buy Questar Pipeline

The Icahn Enterprises chief urged Southwest's bosses to fix several problems at the company instead…

Theron Mohamed   


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1 min read

RBI has opened a pipeline of funds for startups, home buyers and green power producers too

The Reserve Bank of India has announced that it has brought in startups under the purview of Priori…

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4 mins read

The DC to Silicon Valley pipeline: Meet the former Washington power-players who joined the ranks at tech companies like Amazon and Airbnb

These days, major tech companies like Amazon, Airbnb, Stripe, and Apple are all home to former DC p…

Avery Hartmans   


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1 min read

Microsoft finally gives developer credit for new Windows Package Manager

San Francisco, June 2 (IANS) Microsoft has finally given an independent app developer due credit fo…

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2 mins read

Government banks are bailing out shadow banks with Rs 2.5 lakh crore

For this, the government will provide a one-time six months' partial credit guarantee to PSBs for f…

PTI   


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4 mins read

Refilling the pipeline

Carlyle's earnings were dragged down by its stake in SandRidge Energy, a debt-laden oil-and-gas exp…

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1 min read

Credit Suisse: Germany is 'over'

Note that the scale represents the difference between Germany and the rest of Europe, not Germany's…

Jim Edwards   


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7 mins read

The new head of Blackstone's massive credit business is plotting a $12 billion direct-lending push aimed at recession-proofing the firm

Scott, a 56-year-old North Carolina native who has been with GSO since its inception in 2005, overs…

Casey Sullivan   


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8 mins read

Credit Karma has exploded into a $4 billion fintech. Here's an inside look at why it's leaning on influencers to court millennials and Gen Z.

At a press event in New York last November, Credit Karma and celebrity partner Jameela Jamil hosted…

Shannen Balogh   


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2 mins read

War against Cash – Paytm's story so far

People pay their college tuition monthly or quarterly. This typically doesn’t run into lakhs. Howev…

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A pipeline company laid out its worst-case scenario, and now the stock is getting whacked

As a result of this potential default and acceleration, the Partnership's independent registered p…

Akin Oyedele   


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The risk is you see an old fashioned credit crunch

Something always kicks you into recession and although we don't think this event is quite big enoug…

Matt Turner