IndusInd Bank on Tuesday said global rating agency Moody’s has placed the bank’s baseline credit assessment (BCA) under review for a possible downgrade. Photograph: Anushree Fadnavis/Reuters The rating review comes days after IndusInd Bank disclosed a Rs 2,100 crore discrepancy
IndusInd International Holdings chairman Ashok Hinduja on Tuesday announced the acquisition of Reliance Capital, completing the three-year-long resolution process of the debt-ridden company. Photograph: Prashant Waydande/Reuters IndusInd International Holdings Ltd (IIHL) has transferred the bid amount to the escrow account
The BSE benchmark index Sensex jumped 1,131 points to revisit the 75,000 level on Tuesday and the NSE Nifty surged 1.45 per cent powered by widespread buying amid a bullish trend in global equities. Photograph: Savita Kirloskar/Reuters Extending its previous
Chinese carmaker BYD’s claims of charging their electric cars in five minutes on their new platform may be a gamechanger, but it will not work in India. Photograph: Aly Song/Reuters On Monday, BYD announced a new charging platform that it
India’s exports declined for the fourth month in a row in February to $36.91 billion due to volatility in petroleum prices and global uncertainties, even as the country’s trade deficit narrowed sharply. Photograph: Amit Dave/Reuters The country’s exports stood at
2025 The gold price rise continued in 2025. On March 17, 2025, last seen, the price had soared to Rs 89,083.3 per 10 gm. Had you invested 10 gm of gold in 2015 and kept it in your bank locker, you would
Net direct tax collection grew 13.13 per cent to over Rs 21.26 lakh crore so far this fiscal aided by by higher advance tax mop up, government data showed on Monday. During the year, the government collected Rs 10.44 lakh
The trigger for international gold prices rising to $3,000 per ounce was Germany’s upcoming heavy government borrowing. Kindly note the image has been posted only for representational purposes.IMAGE: People buying gold ornaments at a jewellery store. Photograph: ANI Photo As
State-owned Engineers India and MECON as well as four private entities are in the fray for the project to comprehensively revamp RBI’s currency management infrastructure in order to cater to future cash needs of the country’s fast growing economy. Photograph:
Foreign investors continue to pull back money from the Indian equity market withdrawing a little over Rs 30,000 crore in the first fortnight of the month amid escalation in global trade tensions. This came following an outflow of Rs 34,574
