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Rupee ends little changed as traders stay cautious despite oil, dollar dropThe Indian rupee closed at 94.90 per dollar, trimming its earlier advances. Despite lower oil prices and a softening dollar, the rupee stru...
A Rs. 48 crore profit on paper, a Rs. 231 crore loss in reality: How a debt ‘turnaround’ can be an accounting illusionA company struggling with losses suddenly reports a profit. Its financial position appears to improve, raising hopes of a turnaround. But w...
Fintechs fortify cyber defences; Logistics cos in the speed laneHappy Monday! Fintechs are stepping up security as AI-powered cyberattacks become more sophisticated. This and more in today’s ETtech Morni...
Accountability tames AI autonomy as DSCI outlines its liability frameworkIn the framework titled AI Liability: Industry Guidance for Agentic AI, DSCI said assigning liability solely to the organisation deploying ...
State-run general insurers to submit turnaround plansState-run general insurers must submit board-approved plans to the government for reducing unprofitable business segments. The government a...
Aishwarya Rai Bachchan net worth: As former Miss World turns 53, what we know about her international endorsements and luxury propertiesAishwarya Rai Bachchan celebrates her 53rd birthday on November 1, with her estimated fortune drawing attention alongside husband Abhishek ...
CBDT tightens merger rules for charity trusts, imposes five-year curbs on changing objectivesThe Central Board of Direct Taxes (CBDT) has made it mandatory for organisations merging with another registered non-profit to inform the I...
Reliance Retail Q2 profit takes a hit on Qcomm pushReliance Retail Ventures reported a significant drop in net profit, down 24.5% year-on-year to ₹2,619 crore in the last quarter. Despite th...
Lodha Developers H1FY27 net profit soars 63%, expects to beat full-year guidanceLodha Developers reported a 63% rise in first-half FY27 profit to Rs 2,386 crore, driven by strong property sales and market expansion. The...
Asian Paints’ consolidated profit jumps 7.5% YoY in Q2Asian Paints reported a 7.5% year-on-year rise in Q2 consolidated profit to Rs 1,067.6 crore, while net sales grew 16.9% to Rs 9,953.9 cror...
IDBI Bank sale row: Finance Ministry defends valuation process, says reserve price was not changedThe finance ministry has defended the valuation process used in the IDBI Bank stake sale, saying the methodology and bidding procedure were...
65 Years of Trust: Why ET is the platform that brings India’s wealth leaders togetherThe ET Wealth Expo 2026, scheduled for October 30 and 31 at NESCO in Mumbai, will spotlight vital discussions and exhibitions centered on t...
Can income tax officials take your PPF savings for unpaid tax dues? Know what the law saysDealing with a tax demand? It's essential to grasp how the Income Tax Department can seize dues from different assets, while your PPF accou...
Tata Capital Q2 net profit rises 51% on higher incomeTata Capital’s second-quarter net profit rose 51% year-on-year to Rs 1,660 crore, supported by higher interest income and loan growth. Asse...
PSU vs private banks: The real story behind the Q2 divergencePublic sector banks are experiencing stronger net interest margin growth compared to their private counterparts this quarter. Despite facin...
Global Market: Japan life insurers eye domestic bonds as foreign debt selling growsJapan’s major life insurers are split on increasing domestic government bond holdings as rising yields make Japanese debt more attractive. ...
RBI steps up liquidity support as tighter cash conditions push up borrowing rates: ReportTightening liquidity in the banking system has pushed up short-term borrowing rates, prompting the Reserve Bank of India (RBI) to inject fu...
Tata consumer Q2 net profit up despite higher costs, weak tea demandTata Consumer Products encountered unchanged tea volumes and decreasing revenue in the September quarter as weak demand and surging commodi...
Anthropic IPO: 5 jaw-dropping numbers investors need to know about $1.5 trillion public offerAnthropic’s planned IPO could test investor appetite for AI amid a potential $1.5 trillion valuation. Revenue growth, substantial losses, $...
AU Small Finance Bank shares tumble 10% after Q2 results, but Jefferies and Motilal see up to 37% upsideAU Small Finance Bank shares fell up to 10% despite a 53% year-on-year rise in Q2 net profit. Jefferies and Motilal Oswal retained Buy rati...