Banking credit in the economy grew by 11.1 per cent year-on-year (Y-o-Y) in the fortnight ended March 7, while deposits grew at 10.2 per cent during the same period, which is a gap of around 90 basis points (bps), according
The country’s forex reserves increased by $305 million to $654.27 billion during the week ended March 14, the RBI said on Friday. Photograph: Lee Jae-Won/Reuters In the previous reporting week, the overall reserves rose by $15.27 billion to $653.97 billion
Bank unions on Friday deferred their two-day nationwide strike beginning Monday after they received positive assurance from both the finance ministry and the IBA on their demands, including a five-day work week and adequate recruitment in all cadres. Photograph: ANI
The meltdown in Dalal Street that wiped out investor wealth to the tune of ₹44 trillion in 2025 also seems to be having a ripple effect on the country’s vibrant automobile retail sales. Kindly note the image has only been
Starting from April, popular Mahindra SUVs, including Thar, Scorpio, and XUV700, will get costlier, as auto giant Mahindra & Mahindra announced a price hike of up to 3% across its SUV and commercial vehicle (CV) range on Friday. The company
Investment word of the day: One key measure to understand a company’s value is market capitalisation—it reveals how the market values a business at any given moment. Whether an experienced investor or a newcomer, market cap is an essential guide
Physics Wallah has filed Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (Sebi), a precursor to hitting the primary market from where the edtech Unicorn reportedly plans to raise around Rs 4,500 crore through IPO.
US-based Citigroup is likely to allocate more global roles to India than to any other centre it operates in due to the country’s strong talent pool, said Jane Fraser, chief executive officer of Citigroup, on Wednesday in an interaction with
Rallying for the fourth straight session, stock market benchmarks Sensex and Nifty surged over 1 per cent on Thursday, powered by across-the-board buying amid a mixed trend in global equities after the US Federal Reserve maintained its rate cut projections
In a closely watched decision on Wednesday, the United States Federal Reserve (Fed) maintained its benchmark interest rates, as widely expected, but indicated that rate reductions are likely later in the year. Follow our live coverage here. Amid growing concerns
