Axis Bank Q1 Results: Net profit jumps 23% YoY to Rs 7,114 crore; NII up 8%Axis Bank Q1 Results: Axis Bank reported a 22.5% YoY rise in Q1 FY27 standalone net profit to Rs 7,114 crore, while net interest income inc...
18 Jul, 2026, 12.15 PM IST
It's a revamp! RBI steps ahead on plan for plastic rupee notesIndia's currency printing authority is now on the lookout for international suppliers of polymer banknote material, signaling a significant...
18 Jul, 2026, 10.17 AM IST
Power producer Resolven bags 200 MW wind project from SECIIndependent power producer Resolven has secured a 200 megawatt wind project from state-owned SECI. This Inter-State Transmission System con...
17 Jul, 2026, 05.22 PM IST
RBI bars banks, NBFCs from selling acquired stressed assets back to defaulting borrowers, related partiesNew Reserve Bank of India norms will prevent lenders from reselling acquired assets to defaulting borrowers. These prudential rules apply t...
16 Jul, 2026, 07.27 PM IST
US Stock Market: Healthy loan growth and stable credit trends boost outlook for US bank stocksMajor Wall Street banks say the U.S. consumer remains resilient, with strong spending, rising loan balances and stable credit quality backe...
16 Jul, 2026, 02.55 PM IST
US Stock Market: Fed Chair Warsh keeps rate path unclear as policymakers differ on inflation outlookFederal Reserve Chairman Kevin Warsh prefers less market signaling on monetary policy. He emphasizes evaluating economic data before adjust...
16 Jul, 2026, 11.13 AM IST
Global Market: Japan may pressure BOJ to boost bond buying if yields top 3%, says ex-policymakerJapanese government bond yields approaching three percent could prompt central bank intervention. This situation raises concerns about the ...
16 Jul, 2026, 10.05 AM IST
Fed's 'ample reserves' approach is a focus of Warsh's balance sheet reviewFederal Reserve Chairman Kevin Warsh is reviewing interest rate policy and balance sheet management. The central bank is examining the ampl...
15 Jul, 2026, 07.19 AM IST
Udaan closes $160 million in equity-and-debt deal amid insolvency battleAround $45 million will come as debt from US asset management giant BlackRock's credit platform, while the remainder involves certain bondh...
14 Jul, 2026, 07.44 PM IST
HDFC Bank's total workforce witnesses reduction of 3,343 employees in FY26HDFC Bank reduced its workforce by 3,343 employees during the last fiscal year. The bank's total balance sheet expanded by twelve percent t...
13 Jul, 2026, 08.03 PM IST
US Stock Market: Fed Chair Kevin Warsh unveils expert panels to overhaul US Central Bank policy frameworkFederal Reserve Chairman Kevin Warsh announced a comprehensive review of monetary policy. Five taskforces comprising prominent economists w...
13 Jul, 2026, 01.26 PM IST
Raghuram Rajan, Microsoft's Asha Sharma among Indian-origin appointees to US Fed review panelsUS Federal Reserve appointed Indian-origin experts for policy review. Raghuram Rajan and Raj Chetty will join task forces. Asha Sharma will...
11 Jul, 2026, 09.14 AM IST
Domestic prop trading firms face higher funding costs under RBI's new rulesNew Reserve Bank of India lending rules increase funding costs for local proprietary traders. These changes require 100% collateral for ban...
10 Jul, 2026, 11.08 PM IST
Kotak Mahindra Bank to pursue acquisitions alongside organic growthKotak Mahindra Bank plans to pursue acquisitions and organic growth. The bank recently acquired Deutsche Bank's retail portfolio in India. ...
10 Jul, 2026, 10.13 PM IST
Warsh task force members get an A at the outset, but results will need broad buy-inFederal Reserve Chairman Kevin Warsh has enlisted a team of fifteen renowned external experts to spearhead reform task forces. This diverse...
10 Jul, 2026, 08.49 PM IST
US Stock Market: Fed's Williams sees energy prices easing despite Middle East tensions, keeps options open on July rate decisionNew York Fed President John Williams said oil prices are likely to ease over the coming months despite renewed Middle East tensions, while ...
10 Jul, 2026, 11.41 AM IST
Raghuram Rajan, Karen Dynan to co-lead Fed task force reviewing central bank's $6.7 trillion balance sheetFederal Reserve Chair Kevin Warsh announced five task forces to suggest operational changes. These groups will include prominent economists...
10 Jul, 2026, 10.04 AM IST