Latest Updates Around The World
India’s benchmark indices rose on Monday after the US Supreme Court struck down President Donald Trump’s sweeping global tariffs on Friday. The 30-share Sensex rose over 670 points to hit an intraday high of 83,486 before paring gains at 83,294.66, up 480 points or 0.6%. The Nifty also advanced 142 points to close at 25,713.Meanwhile, […]
According to an official circular, the Haryana government has dissolved IDFC First Bank and AU Small Finance Bank for government affairs with immediate effect until further notice. No government funds will be parked, deposited, invested or traded through these institutions, the report said. “IDFC First Bank and AU Small Finance Bank are hereby dismantled with […]
Indian shares opened marginally lower on Wednesday, adding to pressure from the previous session’s sharp sell-off that dragged the Sensex and Nifty to their weakest levels in more than three months. Continued foreign fund outflows, uneven corporate profits and persistent concerns about global trade and geopolitics continued to weigh on sentiment.The BSE Sensex fell 102 […]
The board of ICICI Bank has approved Sandeep Bakhshi as Managing Director & CEO for a further period of two years, effective October 4, 2026 to October 3, 2028. Bakhshi has been heading India’s second largest private sector bank since October 15, 2018. Before his appointment as MD & CEO, he was a Whole-time Director […]
Indian government bonds started 2026 trading in a range on Thursday, with traders largely on the sidelines, wary that a market with few buyers could struggle to absorb the coming debt supply.The benchmark 10-year interest rate closed at 6.5818%. On Wednesday it ended at 6.5881%. Bond yields rise when prices fall.Traders are cautiously bracing for […]
The quarterly rebalancing of the Nifty Indices, which will take place on December 30, is expected to lead to notable portfolio adjustments in several frontline indices including the Nifty 50 and Nifty Bank.This exercise, which involves aligning index constituents with updated free-float weights and revised methodologies, is likely to result in measurable inflows and outflows […]
Channel checks at loan sales offices indicate that while overall credit growth is stabilizing, the composition of growth is changing, with secured retail and SME loans the main drivers.The most notable shift is in SME lending, where public sector banks have regained their dominance over the past six to nine months. Faster turnaround times of […]
The reconstruction of the BSE BANKEX index came into effect from December 26, with four new banking entities added to the index. With effect from today, shares of Canara Bank, AU Small Finance Bank, Punjab National Bank (PNB) and Union Bank of India have been included in the said index.No exclusions have been made as […]
Motilal Oswal Financial Services has identified 30 companies that it believes could benefit most as India enters its next multi-decade growth era. The broker expects India’s gross domestic product to rise from $4 trillion today to over $16 trillion by 2042, driven by steady domestic demand, a young demographic, rising productivity and a sustained investment […]
