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
‘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
Equity benchmark indices Sensex and Nifty ended lower on Friday, dragged by auto stocks and relentless foreign fund outflows. Photograph: Shailesh Andrade/Reuters Weak US markets and tariff threats also dented investor sentiment. The 30-share BSE benchmark Sensex dropped 424.90 points
Risks emerging from the US have left automotive investors worried. US President Donald Trump has announced 25 per cent tariffs on automotive imports, while global electric carmaker Tesla has taken its first steps towards entering India. Photograph: Eduardo Munoz/Reuters While
Benchmark indices Sensex and Nifty declined for the third day on Thursday as fresh tariff threats, weak Asian markets and foreign fund outflows hurt investors’ sentiment. Photograph: Danish Siddiqui/Reuters The 30-share BSE Sensex dropped 203.22 points or 0.27 per cent
On average, stocks that debuted last year are down 37 per cent from their peak levels. The recent market downturn has spared no one, including newly listed stocks. On average, stocks that debuted last year are down 37 per
Benchmark indices Sensex and Nifty ended marginally lower in a volatile trade on Wednesday dragged by blue-chip IT stocks. Photograph: PTI Photo from the Rediff Archives The 30-share BSE benchmark Sensex dipped 28.21 points or 0.04 per cent to settle
The Reserve Bank should focus on making liquidity easier rather than cutting rates if the intent is to drive growth, Axis Bank’s chief economist Neelkanth Mishra said on Tuesday. Photograph: Anushree Fadnavis/Reuters Mishra, who is also a part-time member of
