As markets open, investors to look for Q4 earnings: Here are the key factors
As markets open this week, investors will look for the crucial Q4 earnings data released by top corporates and the…
News, updates and insights into the Indian economy and financial markets.
GST collection increases 13% to 1.60 trillion in March 2023, the second-highest amount ever
Ministry of Finance disclosed that it achieved its second-highest GST collection worth Rs 1.60 trillion in March 2023, 13% growth…
A two-day event discussed ways to boost India and Russia’s trade cooperation
A recently-concluded event emphasised boosting India and Russia’s trade cooperation by seizing the fast-changing geopolitical realities.
CAG report claimed DFS allegedly funded Rs 88bn to SBI without lender demand
As per a recent CAG report, the Department of Financial Services infused Rs 88bn into the SBI in FY 2017-18…
Bandhan Bank hits a three-year low circuit, concerns rise on asset quality
Bandhan Bank hits a three-year low circuit as investors show concern over its asset qualities. The bank's net interest income…
After a financial conundrum, First Citizens is ready to buy SVB
First Citizens has reportedly agreed to buy the SVB, as per the US's FDIC. However, there are many underlying crises…
A spike in European bank shares after the SVB-FNCA deal
The European banks’ share prices spiked a bit after the First Citizens Bank’s deal to acquire bankrupt US-based Silicon Valley…
Saudi National Bank chief Ammar Al Khudairy quits after controversial remark on the UBS-CS merger
Saudi National Bank's chief Ammar Al Khudairy has reportedly quit following his earlier remarks on UBS's Credit Suisse acquisition deal.
After the Hindenburg-Adani saga, Sitharaman plans to monitor PSB lending against shares
Following the collapse of the US-based Silicon Valley Bank, the Indian government plans to monitor public sector banking sector's health.
Hindenburg Research’s report on Block’s Cash App fraud pins former Twitter chief
Hindenburg Research's report on Block's Cash App
