Private banks go for a tumble on D-St after Q1 stumbleMost private lender stocks declined Monday after first-quarter earnings showed profitability pressures. Axis Bank and HDFC Bank saw signifi...
Peak XV leads Rs 350 crore funding round in wealth manager Neo GroupThe transaction is expected to close shortly, Neo said in a statement. It did not disclose the valuation for the round or the investment sp...
Actis, IndiGrid, Inox among companies in talks for Brookfield's renewable energy assetSeveral companies are discussing acquiring Brookfield's 550 MW renewable energy portfolio. This Bikaner-based clean power asset is valued a...
Dmart recasts strategy as rapid delivery competition intensifiesDMart has scaled back its e-commerce footprint, exiting underperforming cities to focus on metros as competition intensifies in India’s rap...
Wall Street Week Ahead: Investors to grapple with packed week of earnings, CPI, Iran headlinesUpcoming economic data and corporate earnings will test the resilient U.S. stock market. Major banks begin second-quarter earnings season, ...
Fragile yen set for weekly decline as intervention risks mountThe yen remains near a forty-year low, causing trader concern over potential Japanese intervention. Renewed Gulf hostilities are casting a ...
BofA cuts 2026 average gold forecast, sees long-term upsideDespite a generally positive long-term outlook on gold, brokerages are adjusting their near-term expectations downward. Bank of America has...
Rs 18,000 crore crash in Trent shares explained, and should you buy the dipTrent shares fell sharply on Tuesday, erasing nearly Rs 18,000 crore in market value, after its Q1 revenue growth of 19% missed Street esti...
Oil Price Today (July 7): Crude oil snaps 2-day fall as projectile hits tanker in Hormuz. Where are prices headed?Brent crude futures rose 28 cents, or 0.39%, to $72.29 a barrel, while U.S. West Texas Intermediate (WTI) crude gained 29 cents, or 0.26%, ...
Wall Street warms to India’s markets as oil pressures fadeIndia had fallen out of favor as investors chased markets with greater exposure to the artificial intelligence boom, while the energy shock...
Deposits win for private banks, loans trophy for PSBs: Q1 throws up opposing trends; private growth seen as healthierPrivate banks saw stronger deposit growth than public sector lenders in the June quarter. Public sector banks, however, achieved faster cre...
Oil Price Today (July 6): Crude oil extends fall, hovers below $72. Here are 2 major reasons for the declineBrent crude futures slipped 24 cents, or 0.e33%, to $71.88 a barrel. U.S. West Texas Intermediate crude fell 11 cents, or 0.16%, to $68.58 ...
India's power sector enters "value chain" reset led by transmission, storage and demand growth: ReportIndia's power sector is undergoing a overhaul, with transmission infrastructure and energy storage identified as key drivers for the next d...
India's banks are handing out more loans, but deposits aren't keeping upIndian banks witnessed a surge in lending during the April-June quarter, outpacing deposit growth and widening the funding gap. This trend,...
Adar Poonawalla Family Office invests Rs 700 crore in Inox CleanAdar Poonawalla's family office has injected Rs 700 crore into Inox Clean Energy, This significant investment bolsters Inox Clean's integra...
Vocus plans $343 million Sydney-Melbourne fibre link to meet AI demandMacquarie-backed Vocus is set to invest A$500 million in a new fibre network connecting Sydney and Melbourne by 2029. This pioneering ducte...
The AI boom won't burst all at once. It will pop in 'rolling bubbles': MacquarieMacquarie expects the AI investment boom to unwind through a series of "rolling bubbles" rather than a single crash, as different segments ...