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5 mins read

Should you invest your money in an FD at high interest rates now?

Last Friday, the Reserve Bank of India (RBI) kept the repo rates unchanged seventh time in a row at…

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2 mins read

Rupee rises 1 paisa to 83.43 against US dollar in early trade

The rupee inched up 1 paisa to 83.43 against the US dollar in early trade on Thursday on the back o…

PTI   


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6 mins read

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   


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2 mins read

Stock market today: Indexes rise as weak private payroll data boosts optimism for rate cuts

The private sector added fewer jobs than expected last month, bolstering expectations for Fed rate …

Jennifer Sor   


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2 mins read

Credit and profitability of banks to moderate in FY25, says ICRA

The Indian banking sector’s rating has been revised to stable from positive by rating agency ICRA o…

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2 mins read

HDFC bank sees muted quarterly business; share drops 4.15% during trade today

Anticipating that HDFC Bank's foreign inclusion factor to increase from 50% to 100% in the MSCI Ind…

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2 mins read

Banks' gross NPAs at 12-yr low, may fall further to 2.5%: RBI report

Among bank groups, public sector banks (PSBs) recorded a substantial reduction (76 bps) in their GN…

PTI   


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4 mins read

Senior citizen FDs: With interest rates at a high, time to park safe

Senior citizens often prefer investing in fixed deposits (FDs) due to the safety and stability thes…

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3 mins read

Senior citizens, these banks offer 9% plus interest on FDs – Should you park your money there?

Fixed deposits (FDs) are a popular product because they offer guaranteed returns for a fixed tenure…

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2 mins read

India benchmark equity closes in red, stocks of Bank Nifty dip 469 points

Among the sectoral indices, Nifty Bank deteriorated and remained in red while other sectors that re…

ANI   


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2 mins read

Sensex-Nifty hit all-time high as trading session closes in green

Indian benchmark indices reached fresh record highs on Wednesday, driven by gains in banking and me…

ANI   


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1 min read

Russia's biggest private lender is expanding to China after being hit by US sanctions

The bank, owned by the Russian oligarch Mikhail Fridman, is looking to build new offices in China B…

Jennifer Sor   


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2 mins read

S&P Global Market raised growth forecast of China, still significantly lower than India

The S&P Global Market Intelligence has upwardly revised GDP forecasts for China in its latest repor…

ANI   


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3 mins read

Coalition politics, weakened mandate could make passing legislations on ambitious reforms challenging: Fitch

As the NDA is all set to form the government, Fitch Ratings on Thursday said coalition politics and…

PTI   


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2 mins read

Pain is coming for 2 sectors as high rates cut off the 'lifeblood' of easy leverage, billionaire Oaktree founder Howard Marks says

Tighter lending conditions means pain is coming for real estate and private equity, Howard Marks sa…

Jennifer Sor   


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3 mins read

RBI may not cut repo rate any soon or for six months: Economists

With the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) deciding to retain the repo …

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2 mins read

World Bank raises GDP projection, says India to keep its fastest-growing economy tag

The World Bank has upwardly revised India's GDP growth forecast for the current financial year 2024…

ANI   


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2 mins read

Fitch expects RBI to cut interest rates by 75 basis points in FY25

The Indian central bank is expected to cut interest rates to the tune of 75 basis points in FY25, b…

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2 mins read

Interest rates are still sky-high — but companies aren't feeling the squeeze

Businesses haven't found it this easy to borrow cash since 2022, according to a Chicago Fed gauge o…

George Glover   


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4 mins read

Senior citizen FD: Here are the features & interest rates offered by various banks

Fixed deposit (FD) plans designed specifically for senior citizens are commonly known as senior cit…