The Supreme Court has asked the CBI and Enforcement Directorate to file status reports on a PIL alleging banking fraud by the Anil Dhirubhai Ambani Group, highlighting concerns over financial irregularities in India's banking sector.
Sundaram Home Finance reports robust Q3 FY26 results with 20% net profit growth to Rs 75.14 crore. Assets under management surge 18% to Rs 18,880 crore, driven by strong performance in Emerging Business segment.
Adani Group companies witnessed sharp declines in share prices, with some stocks falling as much as 13%, following reports that the US SEC is seeking court approval to serve summons via email to Gautam Adani and Sagar Adani in connection with an alleged f
India's telecom regulator initiates first review of domestic leased circuit prices in over a decade, potentially changing costs for banks, IT firms and data centers using secure high-speed broadband lines.
Indian promoter families increasingly use private trusts for succession planning, but SEBI's Takeover Code excludes daughters-in-law from 'immediate relatives,' creating compliance hurdles for modern family structures.
The Reserve Bank of India announces its third liquidity infusion package with ₹1 trillion in government bond purchases and $10 billion dollar-rupee swaps to ease tight conditions and support the rupee after it hit a record low of 91.97 against the US doll
Indian rupee plunged to historic low of 92 per US dollar on Friday before settling at 91.88. FII outflows, weak equities, global risk-off mood, and rising crude oil prices pressured the currency.
Karur Vysya Bank reports strong Q3 FY26 results with 39% net profit growth to Rs 690 crore. Net interest income rises 14.6% to Rs 1,239 crore while NIM remains stable at 3.9%.
Swiss banking giant UBS Group AG is reportedly preparing to introduce cryptocurrency investment opportunities for select private banking clients in Switzerland, with potential expansion to global markets.
Intel Corp shares plummeted 13% in pre-market trading after CEO Lip-Bu Tan issued weak Q1 guidance, highlighting persistent manufacturing challenges and inventory depletion.
IndusInd Bank reported a net profit of Rs 128 crore for Q3 FY26, reversing a Rs 437 crore loss in Q2. The bank announced leadership changes and continues its balance-sheet restructuring amid year-on-year earnings pressure.
Shriram Finance reported a 21.25% rise in Q3 profit to ₹25.22 billion, exceeding analyst expectations. Growth was driven by robust lending in commercial vehicles, passenger vehicles, and SME segments.
Joanne Goh of DBS Bank advises against broad equity reduction despite geopolitical risks. Instead, diversify with private equity, gold, and hedge funds. She highlights opportunities in India's infrastructure, banking, and selective IT sectors.
Gold and silver futures surged to fresh lifetime highs on MCX and global markets, driven by safe-haven demand, a weaker US dollar, and expectations of Fed rate cuts. Prices rose across major Indian cities.
An Ahmedabad resident secured a complete refund of Rs 84,000 for a faulty Bosch refrigerator after the company demanded an inspection charge during warranty. CERC's intervention resolved the consumer grievance effectively.
With gold prices soaring, bank locker rent may not secure your valuables. RBI limits bank liability to 100 times annual rent, leaving gold unprotected against theft, fire, or natural disasters. Experts recommend separate jewellery insurance.
IndusInd Bank appoints former SBI Managing Director Arijit Basu as Chairman effective January 31, succeeding Sunil Mehta who steps down after three-year tenure.
The Indian rupee plummeted to an unprecedented low of 92 against the US dollar in intraday trading, driven by weak domestic markets and sustained foreign fund outflows, before recovering marginally to close at 91.88.
IndusInd Bank reports Q3 FY26 net profit of ₹128 crore, a significant turnaround from Q2 loss. Net Interest Margin improves to 3.52%, reflecting stronger operational performance.
PNB Housing Finance shifts focus to affordable and emerging market segments to improve margins as banks dominate prime home loans. CEO Ajai Kumar Shukla outlines expansion plans including branch network growth and digital investments.
MMTC Pamp, a leading gold refiner, has urged the government to introduce duty parity for gold refiners in the upcoming Union Budget 2026 to boost domestic refining and reduce import reliance.
DeepSnitch AI's crypto presale attracts new investors as Ripple's president predicts significant corporate crypto adoption by 2026, highlighting AI-driven blockchain innovations.
Paytm shares tumbled nearly 10% on Friday as concerns emerged about the potential discontinuation of the Payment Infrastructure Development Fund scheme beyond 2025, which contributes significantly to the company's operating profit.
Silver and gold prices surged to record highs on MCX, driven by a weak US dollar and expectations of Federal Reserve rate cuts, with silver gaining nearly 4%.
India's market regulator SEBI has issued a notice alleging insider trading by executives at EY and PwC, along with family members, ahead of Yes Bank's 2022 share offering.
The Institute of Banking Personnel Selection has released the IBPS RRB Clerk Prelims Result 2025. Candidates can now download their scorecards from the official website ibps.in. Check steps and details here.
The Indian rupee plunged to a fresh record low of 91.99 against the US dollar on Friday, January 23, 2026, marking a 0.63% decline from previous close amid strong dollar demand.
Investec Equities analysis positions Paytm as a 'payments toll road operator' within India's digital commerce ecosystem, highlighting its strategic role in facilitating transactions.
The Katra-Srinagar Vande Bharat Express continues smooth operations despite fresh snowfall across Kashmir. Railway staff work tirelessly to clear tracks, ensuring uninterrupted service on this crucial route.
JPMorgan Chase CEO Jamie Dimon reveals that bureaucratic inertia, not failed deals, haunts him most. He warns AI demands urgency as fintech disruptors challenge legacy banks.