Kotak Mahindra Bank’s net interest margin is likely to swell after the Reserve Bank of India (RBI) lifted its restrictions on the private lender that barred it from issuing fresh credit cards and onboarding new customers through digital mode, brokerages
Apple is still the biggest stock in the Berkshire Hathaway latest portfolio. Despite a 30% rise in Apple share price in 2024, the value of Berkshire’s investment in the company fell by over $104 billion. Company Value Change %Change Stock
Indian stock market: Amid Trump’s tariff remarks targeting sectors like steel, automobiles, pharmaceuticals, and semiconductor chips, the stock market is witnessing significant volatility. The Indian stock market declined for the fourth consecutive session on Friday. The Nifty 50 index dropped
‘It may take some time for them to get down to the details, such as the location and capacity.’ Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy Sanket Mishra/Pexels.com ChatGPT maker OpenAI has
Using the debt-to-GDP ratio as a fiscal anchor aligns with efforts to promote fiscal transparency through proper disclosure of off-budget borrowings. In 2018, the central government amended the Fiscal Responsibility and Budget Management (FRBM) Act, 2003, targeting to reduce the
‘The pain can be more in the days ahead.’ A man stands in front of a screen displaying news of markets updates inside the Bombay Stock Exchange building in Mumbai. Photograph: Francis Mascarenhas/Reuters The market correction in India since
Reserve Bank of India (RBI) Governor Sanjay Malhotra said the repo rate cut in the February meeting of the monetary policy committee (MPC) was due to inflation aligning with the target and recognising the fact that monetary policy is forward-looking.
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Bharti Airtel-owned Indus Towers Limited on Saturday, February 22, announced that the rating firm Crisil Ratings had upgraded its ratings for the long-term bank loan facilities and its ₹1,750 crore bonds to “Positive” from its earlier level of “Stable,” according
Snapping the three-week rising streak, India’s forex reserves dropped by $2.54 billion to $635.72 billion in the week ended February 14, the RBI said on Friday. Photograph: Dado Ruvic/Reuters In the previous reporting week, the reserves had increased by $7.65
