The age-old business of liberation & salvationMoksa, or spiritual investment, mirrors historical practices like indulgences sold by the Church five centuries ago. Islamic finance offers...
Warren Buffett on bearish markets: One habit decides whether you come out richer or poorerHe put the four worst collapses in his own share price into a table, with the dates and the drops. Nearly 60% once, around half three more ...
Indian banks open cheque books for ₹10,000 crore-plus in M&A funding after RBI rule changeIndian banks have recently engaged in significant M&A deals after the central bank eased financing rules. State Bank of India and other len...
Fairfax's IDBI buy: Biggest-ever banking M&A deal in India had no investment bankersFairfax Financial Holdings’ $5.6 billion acquisition of a controlling stake in IDBI Bank is significant not just for being the biggest fore...
- Bank of America loses bankers, tells staff of big ambition, continued hiring
Recent high-profile exits at Bank of America, such as banker Amy Lissauer, have sparked concerns about the institution's future. Once a lea...
Surging bond yields likely to slash banks' treasury incomeBanks are expected to report a nearly 60% decline in treasury income for the July-September quarter. Analysts predict treasury gains to dec...
IRDAI and the avoidable art of regulatory jaywalkingThe recent policy adjustments by IRDAI have led to a marked decline in investor confidence and value within the insurance industry. The tra...
MDR a small fee, will not have major impact on UPI volumes: RBI Guv MalhotraSanjay Malhotra, the Governor of the Reserve Bank of India, commented on the impact of MDR fees on UPI transactions. He expressed confidenc...
Nifty’s ailing warhorse HDFC Bank gets an all-rounder CEO. Can Anup Bagchi make the elephant dance?Anup Bagchi takes charge as HDFC Bank’s new CEO at a critical juncture, with the lender seeking to revive deposit and loan growth, improve ...
Warren Buffett's analysis was correct. His temper was not. The bill ran into billionsThere was no bad analysis, no misread of a balance sheet, no industry he failed to understand. The company he bought was superb and remains...
Fee on UPI P2M payments: How this “small” 0.4% fee can take a bigger bite out of your moneyStarting from October 15, 2026, a new 0.4% transaction fee will be applied to UPI payments exceeding Rs 2,000, while lower amounts and peer...
Investment banks earn Rs 2,274 crore from 81 mainboard IPOs in 2026During the initial nine months of 2026, investment banks generated fees totaling ₹2,274 crore by managing 81 mainboard IPOs. This figure sh...
Goldman Sachs' John Waldron edges closer to succeeding David Solomon as CEOGoldman Sachs is reportedly considering John Waldron as the next CEO to succeed David Solomon. Waldron, currently the chief operating offic...
HSBC makes big push for affluent clients in India to fuel growthHSBC Holdings Plc plans to expand its operations in India by increasing its branch network by 35% over the next two years. The bank aims to...
FM Nirmala Sitharaman rejects UPI MDR 'misconception,' says charge won't be passed to consumersFinance Minister Nirmala Sitharaman confirmed that the Merchant Discount Rate on UPI payments above Rs 2,000 will not be passed to consumer...
NSE pays 20 banks Rs 186 crore in fees for IPOThe National Stock Exchange paid ₹186 crore to 20 advisory banks for its $2.4 billion IPO. At 0.82% of the total issue, the fee structure r...
LIC said to lead bidding in NSE’s Rs 22,800 crore IPOLIC emerged as the largest bidder in NSE’s ₹22,800 crore IPO with ₹4,500 crore in bids, joined by ICICI Prudential and Quant Mutual Fund. D...