[ad_1] Banks are preferring instruments with higher premium over government securities for their held-till-maturity (HTM) portfolio, following the new investment norms, which came into effect from April 1. They are stocking up on corporate bonds and state government securities to
[ad_1] Defence exports grew 33 per cent in the calendar year 2023 (CY23) to around Rs 21,083 crore while domestic defence orders serviced by listed companies were Rs 48,000 crore. The sector is poised for steady growth. Photograph: Altaf Hussain/Reuters
[ad_1] At present, the largest power producer in the country is NTPC with 75 Gw capacity and the largest private sector player is Adani Power, with Tata Power a close second. Photograph: Amir Cohen/Reuters Adani Power, part of the Adani
[ad_1] Benchmark Sensex climbed 354 points to close above the record 75,000 mark for the first time while broader Nifty scaled a fresh lifetime high on Wednesday on gains in FMCG, energy and metal shares. Photograph: Amit Dave/Reuters The 30-share
[ad_1] Retail investors now own a larger share of smallcap companies than they did a year ago, thanks to their conviction in mutual fund (MF) schemes focused on this segment. Data from Capitaline shows that MFs’ average holding in the
[ad_1] Sir Osborne Smith was the first governor of the Reserve Bank, serving from April 1, 1935, to June 30, 1937. IMAGE: Prime Minister Narendra D Modi releases a commemorative coin at the 90th anniversary celebrations of the Reserve Bank
[ad_1] The average yearly compensation of chief executive officers (CEOs) in India stands at Rs 13.8 crore, up 40 per cent as compared to the pre-Covid-19 year of 2020 when it was Rs 9.8 crore, a survey released on Monday
[ad_1] Mobile wallet adoption is surging in India and swiftly becoming a primary payment option, surpassing traditional methods like cash and cards. Over the next few years, payments via mobile wallets in India are likely to surpass the Rs 531.8
[ad_1] Beleaguered Paytm Payments Bank’s managing director and CEO Surinder Chawla has resigned from the company, a regulatory filing said on Tuesday. Chawla’s resignation comes amidst Paytm Payments Bank facing prohibitory action from banking regulator RBI. “Surinder Chawla, managing director
[ad_1] The private sector’s new project announcements in the quarter ending March were among the highest on record. Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy Pixabay.com The value of new private sector project
