SBI Cards tops credit card additions in May as industry hits 12 crore milestone; spends grow 6.3% YoYIndia's credit card sector has surpassed 12 crore cards, with new additions surging 33.7% year-on-year in May 2026. Despite robust cardhold...
25 Jun, 2026, 04.38 PM IST
Morgan Stanley was among first global banks to back MFS before boom and bustMorgan Stanley initially backed British private credit firm Market Financial Solutions (MFS) before its collapse under $2.4 billion in debt...
25 Jun, 2026, 04.22 PM IST
Sensex closes 109 points higher, Nifty above 24,050; IndiGo, M&M among top gainersIndian stock markets closed with modest gains on Sensex monthly expiry day, as both indices erased significant intraday advances. Sensex ad...
25 Jun, 2026, 03.59 PM IST
Rupee ends a tad higher as oil slide, foreign inflows lift sentimentThe Indian rupee experienced a slight boost this week, driven by declining oil prices and the prospect of increased foreign investment. Alt...
25 Jun, 2026, 03.49 PM IST
Musk’s SpaceX adds billions in debt while cutting interestElon Musk's SpaceX has successfully issued $25 billion in investment-grade bonds, a move that consolidates debt from X and xAI while loweri...
24 Jun, 2026, 09.37 PM IST
RBI's Malhotra says rate hike talk is premature, stays in wait-and-watch modeReserve Bank Governor Sanjay Malhotra stated that a rate hike is premature, emphasizing the central bank's cautious, data-dependent approac...
24 Jun, 2026, 05.57 PM IST
Rupee cushioned by central bank hand even as dollar strength dents Asia FXThe Indian rupee defied regional weakness on Wednesday, supported by likely Reserve Bank of India intervention against a strengthening doll...
24 Jun, 2026, 03.46 PM IST
Rs 1,100 crore a day nightmare: Why FIIs are ruthlessly selling bank stocksForeign investors are aggressively selling Indian bank stocks, offloading over ₹1,100 crore daily due to global economic pressures and port...
24 Jun, 2026, 09.24 AM IST
London court orders Nirav Modi to pay Bank of India Rs 100 croreA London High Court has ordered fugitive diamantaire Nirav Modi to pay Bank of India over $10.7 million (approximately Rs 100 crore). The j...
24 Jun, 2026, 09.21 AM IST
Piyush Goyal, US Trade Representative Jamieson Greer begin talks on trade pactIndia and the US are in high-level talks to finalize the first phase of their bilateral trade agreement. Commerce Minister Piyush Goyal met...
23 Jun, 2026, 01.14 PM IST
US Stock Market: Warsh to face lawmakers in key semiannual policy testimony on July 14Federal Reserve Chair Kevin Warsh is set to deliver his inaugural semiannual monetary policy address to Congress on July 14. This crucial a...
23 Jun, 2026, 09.43 AM IST
India extends bidding deadline for deepwater oil and gas blocks for sixth timeIndia has extended the bidding deadline for deepwater and ultra-deepwater oil and gas blocks under the OALP-X and OALP-XI rounds to Septemb...
23 Jun, 2026, 01.03 AM IST
PFC raises $300 million through five year dollar bondPower Finance Corp successfully raised $300 million in international bonds, marking India's second such issuance since the RBI's special sw...
22 Jun, 2026, 09.19 PM IST
Banks to be closed for 3 consecutive days this week: Check if your state is on the listBank holidays: Several Indian states and union territories will experience a three-day bank closure this week, from Friday, June 26th to Su...
22 Jun, 2026, 04.20 PM IST
RBI MPC minutes: Policy misstep fears drove rate pause amid West Asia uncertaintyThe Reserve Bank of India's Monetary Policy Committee has opted for a cautious "wait and watch" stance, holding the repo rate steady due to...
19 Jun, 2026, 09.10 PM IST
The onshore gateway to global capitalIndia's economy is set to grow significantly, but its global market presence lags. GIFT IFSC is building infrastructure to bridge this gap....
18 Jun, 2026, 10.47 AM IST
Tamil Nadu CM announces full waiver of coop crop loans up to Rs 75,000Tamil Nadu Chief Minister C Joseph Vijay has announced a significant crop loan waiver. Farmers can receive a full waiver for loans up to Rs...
16 Jun, 2026, 01.30 PM IST