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3 mins read

Best and worst performing sectoral stock market indices in 2022

In 2022, India's benchmark indices have hit new all-time highs, with six indices declining and eigh…

Ayelet Sheffey   


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4 mins read

New Banking, Insurance and Finance rules that will come into effect starting 1st January - Here's how they will affect you and what you need to know

The Reserve Bank of India (RBI) is the authority that issues the rules and regulations that govern …

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4 mins read

Markets witness choppy trading as realty, bank and auto indices drag

India’s benchmark indices Sensex and Nifty50 witnessed a see-saw movement in the first half of trad…

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4 mins read

Banks earn billions of dollars charging overdrafts fees, and the burden falls on those least able to afford it

Most banking fees fall to those who have the least ability to pay them, and it represents a signifi…

Carter Johnson,Shannen Balogh   


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2 mins read

Now this is helpful: The iPhone 15's new charger can do a 'handshake' with other iPhone 15s and help charge whichever smartphone is low on battery

YouTuber Marques Brownlee says the new USB-C port on the iPhone 15 lets it transfer battery power t…

Lakshmi Varanasi   


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3 mins read

Internet hails Paytm's lightning-fast payments with UPI LITE — here's how you can use it

Paytm Payments Bank's latest move to enable UPI LITE payments on the Paytm Super App has been met w…

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4 mins read

Costly capital markets are largely to blame for the slump in investment banking. Banks are left counting their losses

Today's biggest story on Wall Street unpacks the new normal in corporate credit. Rates are higher, …

Aaron Weinman   


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3 mins read

Credit expansion will taper down next year if deposits growth doesn't rise: Axis Bank MD

"... If the deposit growth does not continue, our projection says that credit growth can taper …

PTI   


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4 mins read

How the public and private sectors are working to enhance access to electric-vehicle charging stations in rural areas

Drivers in rural areas often have the longest commutes and spend the most money on gas, so they hav…

Erica Sweeney   


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3 mins read

India's services sector output growth hits 3-month high in Nov on strong demand

​​India's services sector output growth touched a three-month high in November as business inflows …

PTI   


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2 mins read

JPMorgan reports Q2 earnings miss - as CEO Jamie Dimon sounds the alarm on global growth

The banking titan posted lower profits in all four of its main divisions, and Dimon underscored the…

Theron Mohamed   


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1 min read

Rupee to remain in tug-of-war zone and trade in the 78-80 range, says Kotak Mahindra

The Indian rupee continues to be under pressure against the US dollar and would trade in the range …

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1 min read

JPMorgan expects to earn $3 billion more in net interest income this year after its takeover of failed First Republic Bank

JPMorgan raised its 2023 outlook for its net interest income from $81 billion to $84 billion.

Phil Rosen   


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3 mins read

Credit Suisse posts 22% slide in 2020 net profit on back of significant legal charges. It plans to boost lending volume to shore up revenue

The earnings cap a tumultuous year for the bank, which began with the ousting of Tidjane Thiam as C…

Shalini Nagarajan,Reuters   


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3 mins read

Victims of the Fed: How a year of rate hikes cratered stocks - and fueled the demise of FTX and Silicon Valley Bank

The Fed's 12-month campaign against inflation has driven selloffs in stocks and bonds, as well as f…

George Glover   


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4 mins read

Two-day Bharat Bandh: Essential services likely to be affected

Some of the essential services related to banking, transportation, railways and electricity are lik…

PTI   


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2 mins read

US stocks finish lower as Fed official's dour inflation outlook pushes key bond yields to fresh 14-year highs

Philly Fed President Patrick Harker said more rate hikes are in store after a "frankly disappointin…

Carla Mozée   


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2 mins read

Sensex snaps 6-day winning run to end 129 pts lower; bank stocks tank

The Supreme Court has sought the finance ministry's reply on waiver of interest on loans during th…

PTI   


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1 min read

Bank of America 4th quarter profit beats estimates, buoyed by 'organic growth' and higher interest rates

The lender's fourth-quarter profit rose to $7.1 billion, or 85 cents per share, beating analysts es…

Zahra Tayeb