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Decline in bank deposits because of non-uniform tax treatment on various investment options: SBI report
On the concern over the recent decline in bank deposits, the State Bank of India (SBI) in its lates…
ANI
India needs to create 148 million additional jobs by 2030 given population growth, says IMF DMD Gopinath
Given the scale of what is needed, it is going to require basic reforms including land reforms and …
PTI
Global gold demand drops 6% in Q2 2024 due to slump in jewelry consumption, OTC investment pushes the total to record high
The record-high gold prices took a significant toll on jewelry consumption. Volumes fell 19% YoY to…
ANI
Household savings are choosing mutual funds over banks to invest savings: RBI Governor
The households are choosing the capital markets over the banks to park or invest their savings, hig…
ANI
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
Rise seen in financial inclusion index, jobs in the country, notes RBI
Improvement in FI-Index is mainly contributed by usage dimension, which further reflect deepening o…
From banks to SIPs – the evolution of investment choices for Indian retail investors
In India, traditional banking institutions were once the go-to for households seeking savings and i…
Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report
As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…
Bajaj Housing Finance IPO booked over 4x on the second day. Should you jump aboard this ship?
While the allotment is expected to be finalised by September 12, the listing on NSE and BSE will t…
FPIs inject Rs 11,366 cr in debt market in Aug; inflow tally crosses Rs 1 lakh cr for 2024
Foreign investors' strong buying interest in the Indian debt market can be attributed to India's in…
PTI
RBI imposes penalties on three housing finance companies for non-compliance with directions
The Reserve Bank of India has imposed monetary penalties on three Non-Banking Financial Companies f…
ANI
India's SM REITs market value likely to exceed USD 60 billion by 2026: Report
The forecast reflects a growing interest in SM REITs, which are expected to play a key role in shap…
ANI
If I say anything on REITs, will get accused of conflict of interest, says SEBI Chief
The Congress on Monday leveled fresh conflict of interest allegations against Buch and asked Prime …
PTI
Paytm shares climb over 3% on receiving govt's nod for investment in Paytm Payments Services
The stock went up by 3.05 per cent to settle at Rs 554.45 on the BSE. During the day, it climbed 5 …
PTI
NSE, BSE advise investors against dealing with entities assuring unreal returns
The joint advisory accused those entities of showcasing fake certificates purportedly issued by SEB…
ANI
India could emerge as an economic superpower amid dull global economic landscape
IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…
ANI
Domestic gold prices surge 10% amid global price rally, central bank buying: World Gold Council
The reduction in import duty has ignited a resurgence in gold demand across India. Reports from the…
ANI
India economic momentum remains intact, set to achieve 6.5-7% growth, says Finmin Report
Tax collections, especially indirect taxes, which reflect transactions, are growing healthily, and …
PTI
Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das
In the inaugural address at FIBAC 2024, the governor said that massive changes are taking shape in …
PTI
Hyderabad man uses online trading app to try and earn some extra money, loses Rs 8 lakh
A 40-year-old Hyderabad man lost Rs 8.17 lakh to an online investment scam after being lured via ra…