While India’s second largest IT services company Infosys on Friday dismissed all material reasons for the excessive rise in its American Depositary Receipts (ADRs) on the New York Stock Exchange (NYSE), a report by a Canada-based newspaper, The Chronicle Journal, has linked the development to a bizarre technical glitch related to ticker mapping.“The ‘mystery’ behind […]
Banks expect stable credit growth and margins and sustainable asset quality, boosting confidence in the sector’s resilience, according to an assessment of the BFSI sector’s performance by the rating agency. | Photo credit: Getty Images According to CareEdge Ratings, the Indian banking sector is poised for stronger performance in the second half (H2) of FY26, […]
The rice purchase of the current year included around 474 LT of Kharif-Grugged crop and about 71 LT of the Rabi season | Photocredit: Istockphoto The rice purchase of India in the 2024-25 season (October-September) reached 545.22 Lakh Ton (LT) until August 31, against 525.22 LT a year ago. Due to higher purchasing, the government […]