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PNB shares decline 3% after Q1 business update; global business nears Rs 30 lakh crorePunjab National Bank's Q1 FY27 business update reveals a robust 12.85% year-on-year surge in global advances, reaching Rs 12.75 lakh crore....- Bank of Baroda to pay $600 million to settle NMC Health insolvency claimsBank of Baroda has agreed to a $600 million settlement with administrators of the insolvent NMC Health Plc. The bank faced allegations of g...
- Stocks in news: Marico, Adani Enterprises, Tata Motors PV, PB Fintech, PNBIndian markets saw a second day of gains, with the Nifty reclaiming its 100-day moving average, signaling a bullish trend. Key companies li...
- BoB, BoI, PNB see 350 bps credit-deposit gap widenThree major public sector banks – Bank of Baroda, Bank of India, and Punjab National Bank – are showing a significant gap between their cre...
- Sri Lanka, Vietnam upgraded to 'upper-middle income' statusVietnam and the Philippines have officially joined the upper-middle income bracket, a significant upgrade by the World Bank following years...
- Bank of Baroda settles NMC Health dispute for $600 million; Q1 credit grows 17%Bank of Baroda has settled a significant legal dispute with NMC Health entities for USD 600 million, resolving claims under UAE and UK regu...
- Citi becomes No. 1 investment banker in India, earns $60 million in last 6 months: LSEGThe jump gives Citi a 9.8% wallet share of India's total investment banking fee pool, which itself shrank 20% year-on-year to $614.1 millio...
- India's textile stocks become market standouts on trade dealsIndian textile exporters are experiencing a significant stock market surge, outperforming the broader market. New trade deals with the UK, ...
- Higher performance guarantees from lower bids in highway projects: Road transport ministryThe government is tightening rules for highway project bids, demanding higher performance guarantees for offers exceeding 30% below origina...
- World Bank to phase out China lending by 2031The World Bank is set to cease lending to China by 2031, a move reflecting Beijing's economic ascent. Loans will be capped at $2 billion un...
- Strait of Hormuz: Strategic chokepoint in shadow of geopoliticsThe Strait of Hormuz, a key chokepoint for the global trade of crude oil and liquefied natural gas, is at the centre of disputes in negotia...
- Quote of the day by CS Lewis: ‘No one told me grief felt like fear. It is like being afraid. The same fluttering in stomach and restlessness,’ what The Chronicles of Narnia author teaches about loss and healingRenowned author C.S. Lewis, known for The Chronicles of Narnia, offered a profound insight into grief, describing it as feeling akin to fea...
- UK's likely next leader Burnham to unveil plan to shift power from LondonAndy Burnham, poised to lead Labour, will unveil a plan to shift power from London to Britain's regions, aiming to boost living standards t...
- Quote of the Day by Charles Darwin: "A scientific man ought to have no wishes, no affections,—a mere heart of..." - Inspiring lessons from English naturalist Charles Darwin on objectivity, critical thinking, overcoming confirmation bias, and becoming wiser every dayQuote of the Day by the legendary Charles Darwin reminds us that the pursuit of truth demands intellectual honesty above personal preferenc...
- PNB to focus on Retail, Agriculture, MSME advances, CASA deposits to boost profitability: MD Ashok ChandraPunjab National Bank is set to prioritize retail, agriculture, and MSME lending, alongside boosting low-cost deposits to fuel growth. MD an...
- Aditya Birla lines up Rs 15,000 crore loan for Sprng Energy bidAditya Birla Group is reportedly in advanced talks to acquire Shell's Indian renewable energy arm, Sprng Energy, for a substantial sum. Sta...
- Cat on a very hot 10 Downing Street roofA satirical commentary uses Larry the Cat, the long-serving “chief mouser” at 10 Downing Street, as a lens to highlight Britain’s frequent ...
- AI stocks are in a 'blowoff top' phase but the game isn't over yet: Jonathan SchiesslGlobal tech and AI stocks are undergoing a necessary correction, not a collapse, according to Westminster Asset Management's Jonathan Schie...
- Keir Starmer resigns as UK Prime Minister: What went wrong after Labour's historic victory?In a stunning political upheaval, Keir Starmer has resigned as UK Prime Minister and Labour leader after just two years in power. His decis...
- Indian man charged with fatal stabbing in London's SouthallA 20-year-old Indian national, Navjot Singh, has been charged with the murder of Gurbhej Singh, 26, in Southall, west London. The victim su...
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