Exclusive: Indian government plans to maintain 26% cap on voting rights for major bank shareholders, ensuring regulatory control while balancing foreign investment interests in banking sector reforms.
Discover why SBI trades at a significant discount to HDFC Bank despite similar asset growth. Analysis of NIMs, fee income, and market positioning reveals surprising insights about India's banking giants.
India's dominant services sector experienced moderated growth in June as heavy rains and intense competition tempered expansion, according to latest HSBC PMI data.
Indian IT giant Mphasis sees banking and financial services as key growth engine, with CEO Nitin Rakesh projecting strong revenue acceleration despite global headwinds.
India Shelter Finance Corporation demonstrates remarkable growth with 31% YoY AUM increase, strong financial performance, and strategic expansion across affordable housing sector.
India's services sector expansion slowed to a five-month low in October as torrential rains and intense competition impacted business activity, according to the latest PMI data.
Latest HSBC PMI data reveals contrasting trends in India's economy - services sector expansion moderates while manufacturing activity picks up pace in October.
India's dominant services industry showed moderated expansion in October 2024, with business activity and sales growing at a slower pace, though price pressures saw significant relief according to HSBC's latest PMI data.
Union Minister Piyush Goyal meets Air New Zealand CEO Greg Foran to discuss expanding aviation opportunities, boosting tourism, and strengthening India-New Zealand economic ties.
India's auto loan sector shows a surprising split: passenger vehicle financing accelerates post-GST cuts while commercial vehicle loans remain stuck in neutral. Discover the economic drivers behind this divergence.
Discover how India's $245 billion IT industry is navigating AI uncertainties by strengthening relationships with top global clients while maintaining steady revenue growth.
Kerala secures landmark foreign investment with Meridian Tech Park project, creating massive employment opportunities and boosting state's IT infrastructure
India's public sector banks achieve historic quarterly profits with 9% growth, driven by reduced bad loans and improved interest income. Discover how state-owned lenders are transforming their financial landscape.
India's banking sector witnesses robust credit growth as festive demand drives loan disbursements, pushing the credit-deposit ratio beyond 80% for the first time in recent history, according to CAREEdge Ratings analysis.
Tech giant IBM announces massive workforce reduction affecting thousands of employees worldwide as company shifts focus toward AI and software growth. Exclusive details inside.
Indian Bank's Managing Director Binod Kumar commits to accelerating Jharkhand's economic development through enhanced banking services, digital transformation, and robust credit support for key sectors.
State Bank of India upgrades credit growth outlook as tax relief and potential rate cuts create perfect storm for consumer spending explosion. Get exclusive insights.
Mahindra & Mahindra reports impressive 32% profit surge in Q4 FY24, fueled by robust tractor and SUV sales. Discover how GST cuts and electric vehicle expansion are shaping India's auto sector.
India's gem and jewellery industry sets ambitious target to surpass $100 billion in exports by 2047, backed by strategic initiatives and global market expansion plans.
GHV Infra Projects delivers explosive Q2 performance with revenue skyrocketing 128% and profits surging 138%, signaling strong growth momentum in India's infrastructure sector.
GHV Infra Projects delivers explosive growth with revenue skyrocketing 128% and profits surging 138% in Q2 FY2025-26, showcasing remarkable momentum in India's infrastructure sector.
Despite recent profitability, Indian banks confront sustained pressure on net interest margins as deposit costs rise and credit growth slows. Experts warn the worst may not be over yet.
Indian banks are offloading government securities worth billions to address worsening liquidity conditions and meet surging credit demand as deposit growth lags significantly behind.
Contract workers at Punjab State Power Corporation Limited stage massive protest in Jalandhar, demanding job security and opposing privatisation moves that threaten their livelihoods.
India's two-wheeler sector is poised for stronger growth than passenger vehicles in the remainder of the fiscal year, driven by improving rural demand and favorable economic factors, according to PhillipCapital analysis.
India's economic growth requires significant investment boost to reach 7% target, according to PM's Economic Advisory Council. Key sectors and reforms identified for sustainable development.
Latest RBI data reveals significant slowdown in bank lending to industry and personal loans, while NBFC funding also shows deceleration in September credit trends.
Wall Street surges to historic peaks as Amazon's stellar Q1 2024 earnings ignite tech stock rally. Discover how Big Tech's $2 trillion market cap surge is reshaping global markets.
IT services major Mphasis reports robust Q2 performance with 11% profit growth, 3.4% revenue increase, and announces interim dividend of ₹65 per share.
Bihar showcases remarkable economic growth with 10.6% expansion, yet faces persistent challenges in poverty and employment. Discover the dual narrative of India's fastest-growing state.