Finance, Banking & Insurance
Finance, Banking & Insurance

The rupee rebounded from its lowest-ever level and settled 8 paise higher at 86.62 (provisional) against the US dollar on Tuesday as the American currency retreated from record high. Some recovery in domestic equity markets after the release of macroeconomic numbers also supported the Indian currency even though it
by Publisher
Indian stock markets experienced a significant dip on Monday, with the BSE Sensex falling 1.36% to 76,330.01 and the NSE Nifty50 dropping 1.47% to 23,085.95. Retail investors' favourite small-cap stocks are leading the recent market sell-off, with the Nifty Smallcap 100 index dropping
by Publisher
The rupee logged its steepest fall in nearly two years, plunging 55 paise to hit a historic low of 86.59 against the US dollar during mid-session on Monday due to the strengthening of the American currency and surging crude oil prices. At the interbank foreign exchange, the rupee opened
by Publisher
Driven down by a strong US currency amid uncertain global indications, the rupee's slump continued for the second consecutive session on Monday, losing 27 paise to hit a new lifetime low of 86.31 against the US dollar. According to an analysis made by The Times of India,
by Publisher
British telecom firm Vodafone has sold its entire 3% stake in Indus Towers for ₹2,800 crore ($337 million). The sale involved 7.92 crore shares, with ₹890 crore ($107 million) used to settle lender dues, the company said in a regulatory filing. "Vodafone Group Plc announces that it
by Publisher
To support the country's ambitious economic push, India's state-owned National Bank for Financing Infrastructure & Development (NaBFID) is aiming to raise $4.7 billion, the largest fundraising ever during the January–March timeframe. The financing would be achieved from the local debt markets through a combination
by Publisher
To make Indian economy more appealing, industry bodies and legal firms have proposed easing restrictions on the flow of capital from China, liberalising laws for plantations and agriculture, and raising the FDI limits for R&D and security agencies. The issues were discussed during a consultation by the Department
by Publisher
The microfinance industry shrank in the second quarter of FY25 as loan delinquency rates —- where instalments are overdue by 30 to 180 days — reached 4.3% in September 2024 from 2% just a year ago. The microfinance portfolio was valued at ₹4.1 lakh crore in September 2024, a
by Publisher
The rupee rebounded from its lowest-ever level and settled 8 paise higher at 86.62 (provisional) against the US dollar on Tuesday as the American currency retreated from record high. Some recovery in domestic equity markets after the release of macroeconomic numbers also supported the Indian currency even though it
by Publisher

The rupee rebounded from its lowest-ever level and settled 8 paise higher at 86.62 (provisional) against the US dollar on Tuesday as the American currency retreated from record high. Some recovery in domestic equity markets after the release of macroeconomic numbers also supported the Indian currency even though it
by Publisher
Indian stock markets experienced a significant dip on Monday, with the BSE Sensex falling 1.36% to 76,330.01 and the NSE Nifty50 dropping 1.47% to 23,085.95. Retail investors' favourite small-cap stocks are leading the recent market sell-off, with the Nifty Smallcap 100 index dropping
by Publisher
The rupee logged its steepest fall in nearly two years, plunging 55 paise to hit a historic low of 86.59 against the US dollar during mid-session on Monday due to the strengthening of the American currency and surging crude oil prices. At the interbank foreign exchange, the rupee opened
by Publisher
Driven down by a strong US currency amid uncertain global indications, the rupee's slump continued for the second consecutive session on Monday, losing 27 paise to hit a new lifetime low of 86.31 against the US dollar. According to an analysis made by The Times of India,
by Publisher
British telecom firm Vodafone has sold its entire 3% stake in Indus Towers for ₹2,800 crore ($337 million). The sale involved 7.92 crore shares, with ₹890 crore ($107 million) used to settle lender dues, the company said in a regulatory filing. "Vodafone Group Plc announces that it
by Publisher
To support the country's ambitious economic push, India's state-owned National Bank for Financing Infrastructure & Development (NaBFID) is aiming to raise $4.7 billion, the largest fundraising ever during the January–March timeframe. The financing would be achieved from the local debt markets through a combination
by Publisher
To make Indian economy more appealing, industry bodies and legal firms have proposed easing restrictions on the flow of capital from China, liberalising laws for plantations and agriculture, and raising the FDI limits for R&D and security agencies. The issues were discussed during a consultation by the Department
by Publisher
The microfinance industry shrank in the second quarter of FY25 as loan delinquency rates —- where instalments are overdue by 30 to 180 days — reached 4.3% in September 2024 from 2% just a year ago. The microfinance portfolio was valued at ₹4.1 lakh crore in September 2024, a
by Publisher
India’s economy expanded at a faster-than-expected annual rate of 7.4% in the quarter ended in March, despite mounting global economic uncertainty. Gross domestic product of the fourth quarter of the government’s fiscal year 2025 came in sharply higher than the 6.7% growth forecast by economists in
by Publisher
India, which was ranked tenth in the world in 2014, continues to be the fastest-growing major economy. B.V.R. Subrahmanyam, CEO of India’s state-run think tank Niti Aayog said, “we are the fourth-largest economy as I speak ... and this is not my data. This is IMF [international monetary
by Publisher
If PM Modi licenses SpaceX’s Starlink satellite internet service, India will be risking national sovereignty and security in handing over the keys to its skies to Elon Musk.
by Publisher
Prime Minister Narendra Modi on Wednesday said India is becoming a major maritime power and is being recognised as a reliable and responsible partner in the world. Speaking after the commissioning of three naval warships here, Modi said India has always supported an open, secure, inclusive and prosperous Indo-Pacific region.
by Publisher
Bengaluru-based startup Pixxel announced the launch of three of the world's highest-resolution commercial hyperspectral satellites from the Vandenberg Space Force Base in California on Wednesday. The Firefly constellation satellites were integrated via Exolaunch and launched aboard the Transporter-12 rideshare mission with SpaceX. The launch took place around 1
by Publisher
A Republican lawmaker has asked the US Department of Justice to preserve all records in connection with the "selective prosecution" of billionaire industrialist Gautam Adani and his group of companies by the Biden administration. The demand comes less than a week before the Donald Trump administration takes office.
by Publisher
The Union Home Ministry has granted sanction to the Enforcement Directorate to prosecute former Delhi chief minister and AAP national convenor Arvind Kejriwal in the excise policy linked money laundering case, officials said. The federal agency has filed a chargesheet against the 56-year-old politician before a special Prevention of Money
by Publisher
Prime Minister Narendra Modi on Wednesday lauded the Indian Army for its determination, professionalism and dedication, and underlined his government's commitment to the welfare of armed forces and their families. In posts on X on Army Day, he said, "Today, on Army Day, we salute the unwavering
by Publisher
India’s economy expanded at a faster-than-expected annual rate of 7.4% in the quarter ended in March, despite mounting global economic uncertainty. Gross domestic product of the fourth quarter of the government’s fiscal year 2025 came in sharply higher than the 6.7% growth forecast by economists in

India, which was ranked tenth in the world in 2014, continues to be the fastest-growing major economy. B.V.R. Subrahmanyam, CEO of India’s state-run think tank Niti Aayog said, “we are the fourth-largest economy as I speak ... and this is not my data. This is IMF [international monetary

If PM Modi licenses SpaceX’s Starlink satellite internet service, India will be risking national sovereignty and security in handing over the keys to its skies to Elon Musk.

Prime Minister Narendra Modi on Wednesday said India is becoming a major maritime power and is being recognised as a reliable and responsible partner in the world. Speaking after the commissioning of three naval warships here, Modi said India has always supported an open, secure, inclusive and prosperous Indo-Pacific region.

Bengaluru-based startup Pixxel announced the launch of three of the world's highest-resolution commercial hyperspectral satellites from the Vandenberg Space Force Base in California on Wednesday. The Firefly constellation satellites were integrated via Exolaunch and launched aboard the Transporter-12 rideshare mission with SpaceX. The launch took place around 1

A Republican lawmaker has asked the US Department of Justice to preserve all records in connection with the "selective prosecution" of billionaire industrialist Gautam Adani and his group of companies by the Biden administration. The demand comes less than a week before the Donald Trump administration takes office.

The Union Home Ministry has granted sanction to the Enforcement Directorate to prosecute former Delhi chief minister and AAP national convenor Arvind Kejriwal in the excise policy linked money laundering case, officials said. The federal agency has filed a chargesheet against the 56-year-old politician before a special Prevention of Money

Prime Minister Narendra Modi on Wednesday lauded the Indian Army for its determination, professionalism and dedication, and underlined his government's commitment to the welfare of armed forces and their families. In posts on X on Army Day, he said, "Today, on Army Day, we salute the unwavering