Rupee Recovers to 89.98 After Hitting 90.42 Intraday
The Indian rupee halted a six-session slide, closing at 89.98 against the US dollar. Foreign bank dollar sales aided recovery, but pressure persists ahead of RBI's policy decision.
The Indian rupee halted a six-session slide, closing at 89.98 against the US dollar. Foreign bank dollar sales aided recovery, but pressure persists ahead of RBI's policy decision.
US Congressman Dan Goldman introduces the ROBINHOOD Act, a new tax targeting billionaires like Elon Musk and Jeff Bezos to close a major loophole. The bill could generate $276 billion for childcare and families.
Top economist Jeffrey Sachs slams US & European policies, warns against underestimating Russia & China's power. Watch his full speech on global conflicts.
HSBC sees Dr Reddy's Canada semaglutide opportunity intact. Goldman Sachs bullish on Titan's 15-20% jewellery growth. CLSA positive on Power Grid's battery storage entry. Get the full analysis.
The offshore Chinese yuan has strengthened nearly 4% against the dollar in 2025, marking its best annual performance in five years. Analysts from Goldman Sachs and others forecast further gains in 2026. Read more.
The government has ruled out any plans to restructure or merge public sector banks. Get details on FDI limits, IDBI Bank disinvestment, and RRB performance.
Goldman Sachs acquires Innovator Capital Management for $2 billion, targeting the fast-growing 'defined-outcome' ETF market popular with retirees. The deal expands its asset management reach.
Paytm parent One 97 Communications' stock surged 3.4% to ₹1,365, its highest since December 2021. Goldman Sachs' bullish upgrade and mutual funds' increased stake fuel the rally. Discover the full analysis.
Banks in Nagaland and Arunachal Pradesh remain closed today for State Inauguration Day and Indigenous Faith Day. Check December 2023 holiday calendar and plan your banking activities accordingly.
Renowned economist Jeffrey Sachs exposes US-Europe delusion on China-Russia, declares BRICS as emerging global power centre. Watch his explosive analysis.
Paytm parent One 97 Communications shares surged 3.4% after Goldman Sachs upgraded rating to 'Buy' and raised target price by 123% to ₹1,570. Discover the driving factors behind this dramatic turnaround.
Indian Bank's remarkable turnaround from NPA crisis delivers 601% returns in a decade, outpacing Sensex. Discover how reforms and digital transformation fueled this multibagger performance.
Economist Jeffrey Sachs alleges CIA involvement in Venezuelan oil facility fire, condemns US militarism and praises China's global approach. Watch full analysis.
Economist Jeffrey Sachs analyzes how Trump's refusal to attend G7 summit signals US isolation as BRICS nations now represent 46% global population and 41% GDP. Watch the breakdown.
Public sector banks stage strong comeback with Nifty PSU Bank index surging 1.8%. Indian Bank leads with 65% returns as SBI crosses ₹9 lakh crore market cap. Discover the driving factors behind this impressive rally.
US banks reported 13% profit growth in Q3 2025 with FDIC insurance fund reaching $150.1 billion. Problem banks decreased to 57. Read the full analysis.
Singapore's DBS revises Malaysia banking entry strategy, lowering stake purchase in Alliance Bank from 49% to 30% after central bank resistance. Read the full analysis.
Indian banking sector reaches inflection point with strong earnings growth ahead. Private banks lead recovery while public sector banks show improved fundamentals. Read analysis.
India's economy demonstrates robust 7.6% growth with digital transformation driving opportunities in emerging markets. Goldman Sachs highlights India's strategic advantage.
Nifty Bank index surged to a record high of 59,264, crossing 59,200 for the first time. PSU banks outperformed, but analysts see private banks leading next growth phase. Read analysis.
Twenty major global banks have joined ICC's sustainable trade finance principles, committing to environmental standards and climate-aligned practices. Discover how this shapes global trade.
State Bank of India becomes first PSU bank to hit ₹9 trillion market capitalization. Stock trades flat after reaching lifetime high of ₹976.80. Analysts divided on near-term prospects.
Goldman Sachs and Deutsche Bank forced to absorb $500M after failed loan syndication for Allwyn's PrizePicks acquisition. Discover how credit markets turned cautious.
Shares of Central Bank, UCO Bank, Punjab & Sind Bank jumped up to 4% as Finance Ministry drafts consolidation roadmap for public sector banks. Expected announcement in April-May.
SBI Chairman Dinesh Khara supports further bank consolidation in India, citing improved efficiency and stronger balance sheets. Learn how this could reshape banking.
World Bank-IMF report reveals critical regulatory gaps in India's financial sector, highlighting limited RBI powers and differential treatment of public vs private institutions.
Goldman Sachs predicts India will outperform global equities over the next decade, driven by strong economic growth, digital transformation, and infrastructure development.
Chandigarh transfers Rs 85 crore from inoperative accounts to RBI's DEAF account. Learn about unclaimed deposits and how to reclaim your money.
NUCFDC plans to request RBI permission for smaller urban cooperative banks with net worth below ₹50 crore to offer digital banking services, aiming to boost financial inclusion.
Indian banks face rising AI implementation costs up to 40% while cybersecurity risks escalate. S&P Global Report reveals critical challenges in digital transformation journey. Learn how banks are navigating this complex landscape.