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India's forex reserves jump USD 4.3 billion, hit new all-time high of USD 655.8 billion

India's forex reserves jumped USD 4.307 billion to a new all-time high of USD 655.817 billion for t…

PTI   


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India's forex reserves jump by USD 3.66 bn to USD 641.59 bn: RBI

For the week ended April 5, the reserves had hit an all-time high of USD 648.562 billion, follow…

PTI   


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3 mins read

Gold prices fluctuate as geopolitical tensions ease; US Fed meeting, payroll data to affect prices this week

Gold prices dropped by 2% last week, in what has been the first weekly drop in prices in six weeks.…

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3 mins read

Beyond stocks and bonds: Understanding the PMS & AIF ecosystem in India

In today’s dynamic investment landscape, exploring alternative avenues is the key to optimising you…

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2 mins read

Banks' GNPAs set to improve further to 2.1 pc by FY25: Care Ratings

The gross non-performing assets (GNPA) of the Indian banking system are set to improve further to …

PTI   


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2 mins read

In second consecutive week of decline, forex kitty drops $2.28 bn to $640.33 bn

In September 2021, the country's forex kitty had reached a high of USD 642.453 billion, which w…

PTI   


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TVS Credit posts 33.43% rise in Q4 PAT at ₹148.29 crore

The standalone total revenue from operations grew to Rs 1,517.50 crore, from Rs 1,234.60 crore…

PTI   


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3 mins read

India Shelter Finance IPO subscribed 1.48x times on day 1 Q

Affordable housing company India Shelter Finance Corporation’s IPO was subscribed to 1.48 times the…

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2 mins read

Jio Financials gets RBI nod to become Core Investment Company

Jio Financial Services has received the nod from the Reserve Bank of India (RBI) to convert into a …

ANI   


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Coal India embarks on overseas acquisition of critical mineral assets

In a bold move to diversify its operations and integrate further into the value chain, Coal India L…

PTI   


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India's forex reserves jump $2.56 bn to $644.15 bn

For the week ended April 5, the reserves had hit an all-time high of USD 648.562 billion follow…

PTI   


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Forex reserves jump $4.84 bn to new all-time high of $651.5 bn

The previous high for the kitty a crucial guard against any disturbances in the external sect…

PTI   


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Crunching Numbers: 12 PSBs end Sept quarter notching up ₹25K+ cr net profit

On September 7, Finance Minister Nirmala Sitharaman had lauded all the 12 PSBs for their outst…

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3 mins read

Have foreign assets or income? Not disclosing it may lead to heavy penalties

Recently, the IT Appellate Tribunal of Mumbai imposed a penalty of ₹10 lakh per year on taxpayers w…

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3 mins read

India's pile of bad loans could be at least 1.5 times bigger in the next 9 months

The moratorium on paying back loans, which was brought into effect in March, has kept a cloak on…

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1 min read

Banks' non performing assets hit a six year low, says CARE Ratings

Even though the gross non-performing assets (GNPA) of scheduled commercial banks in India has hit a…

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1 min read

YouTube to bring 30-second non-skip ads to connected TVs

Google-owned YouTube has announced that it will introduce 30-second non-skip ads on connected TVs (…

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2 mins read

HDFC’s net profit grows by 19% but its non performing assets swell sequentially

HDFC Bank today reported a 19% growth in the first quarter of FY23 net profit to ₹9,169 crore, from…

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3 mins read

Explained: With markets volatile, why multi asset allocation funds seem attractive

The markets have been in a bull run from the start of this financial year. Since April, the Nity50,…

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3 mins read

The benefits of diversification: Why asset allocation matters

Asset allocation is a crucial strategy that can help investors achieve a balance between risk and r…