The equity benchmark indices posted their strongest weekly gains in years, driven by bargain hunting and optimism over a reversal in foreign portfolio investor (FPI) outflows. The Sensex rose 558 points, or 0.7 per cent, on Friday to close at
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
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
After a massive selloff in the shares of food delivery giants Zomato and Swiggy, analysts believe the time may be right for investors to start adding these stocks to their portfolio carts. Photograph: PTI Photo from the Rediff Archives Their
India is home to more than 100 million diabetics, and the demand for anti-diabetic drugs is on the rise — the Rs 20,611 crore anti-diabetic drug market in India is growing at 9 per cent or so. Kindly note the
