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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
3 mins read
Paytm Q1FY25 results: Revenue from payment services plunges to Rs 900 crore, monthly transacting users in June dip to 7.8 crore
On the payment services front, the quarterly revenue stood at Rs 900 crore, while on the financial …
2 mins read
IIFCL profit rises 44% to highest-ever of ₹1,552 crore in FY24
He said, for the first time, the profit before tax has crossed Rs 2,000 crore. During the yea…
PTI
2 mins read
Akme Fintrade IPO allotment – How to check allotment, GMP, listing date and more
Udaipur-based Akme Fintrade, a non-banking financial company which provides lending solutions to th…
1 min read
China's yuan is tumbling amid US sanctions and as central banks boost dollar holdings
China's yuan fell to its lowest value against the ruble in a year as holders eye the impact of sanc…
Jennifer Sor
2 mins read
Stock market opens in green amid mixed global cues
The BSE Sensex opened with a modest rise of 96.95 points at 77,434.54, while the NSE Nifty saw a sl…
ANI
2 mins read
There's a 'renaissance' coming for boring stocks. Here's how investors can position to take advantage, according to BofA.
Value stocks, which have been nearly forgotten as investors chase AI-fueled growth names, are set t…
Matthew Fox
1 min read
The commercial real estate market is frozen as soaring bond yields bring lending to a halt
The bond market's crash is adding more pressure on the commercial real estate sector, where lending…
Jennifer Sor
2 mins read
Sensex tumbles 700 points amid broad-based selloff; Nifty slips from record
Equity benchmark Sensex plummeted over 700 points to sink below the 74,000 level and Nifty retreate…
PTI
2 mins read
Nifty hits record peak in early trade; Bajaj Finance jumps 6%
From the Sensex basket, Bajaj Finance jumped 6 per cent, while Bajaj Finserv climbed nearly 5 p…
PTI
2 mins read
Aadhar Housing Finance sets IPO price band at ₹300-315 per share
This will be the third maiden public issue opening next week after TBO Tek and Indegene. …
PTI
1 min read
Trump Media is up 92% since launching a crusade against short sellers
Trump Media stock has nearly doubled since mid-April, when the company posted a message informing i…
Matthew Fox
1 min read
Commercial real estate lending plunged 50% last quarter as the market struggles to break out of its 'logjam,' MBA says
Commercial real estate lending has plummeted 44% from the start of the year, according to data from…
Jennifer Sor
1 min read
Trump Media has gotten Congress involved in its crusade against short sellers
The Trump Media CEO last week also penned a letter to Nasdaq blaming "naked" short selling for the …
Yuheng Zhan
2 mins read
Real estate investment trust pitch for direct bank lending, classification as equity
Indian Real Estate Investment Trust (REIT) industry on Wednesday pitched for the entities to get a…
PTI
2 mins read
RBI to come up with unified regulatory framework on connected lending
The Reserve Bank of India (RBI) said on Friday that it will come up with a unified regulatory frame…
2 mins read
China's bubble tea explosion has minted half-a-dozen billionaires
Bubble tea is a sweet tea-based drink that typically comes with soft, chewy tapioca "bubbles" that …
Matthew Fox
2 mins read
Billionaire Ken Griffin's firm calls Trump Media's CEO a 'loser' after criticism of short-selling
Trump Media's CEO is a "proverbial loser" for blaming DJT's stock crash on short-sellers, Citadel S…
Jennifer Sor
1 min read
Trump Media is trying to make it super hard to short its stock
CEO Devin Nunes issued a letter to Nasdaq asking for action against naked short-selling activity on…
Filip De Mott
1 min read
Ibotta's IPO just minted more than 150 millionaires, many in Denver, CEO says
"By my calculations, I believe there'll be over 150 people who make at least a million dollars on t…