Team of consulting auditors checking company financial report data (balance sheet, profit and loss account) on computer screen with business graphs, fintech | Photo credit: NicoElNino The Reserve Bank of India is likely to release its updated list of upper tier non-banking financial companies (NBFCs) by mid-2026, sources say, and may add large NBFCs, promoted […]
Mumbai: The growth in net interest income (NII) helped Piramal Finance report a two-fold year-on-year rise in consolidated net profit for the September quarter to ₹327 crore, while Poonawalla Fincorp moved into the black with a profit of ₹74 crore compared to a loss of ₹471 crore a year ago. For Piramal Finance, NII rose […]
Defense shares can be tiring after a strong indictment, but PSU banks are still marching ahead, says Anand James of Geojit Investments. Together they have driven the outperformance of the wider market, so that traders wonder: is this only the opening act or the peak of the rally? Edited fragments from a chat with the […]
The Indian market ended higher on Thursday, with the Sesex and Nifty that expanded profit for a third consecutive session after the American Federal Reserve has spoken by 0.25% to support its labor market. Sentiment was also encouraged by recent tax reforms for goods and services and progress in trade discussions between India and the […]
Markets ended higher for the second consecutive week, with benchmark -Indices Nifty 50 and Sensex that almost improved a percentage. Sentiment was stimulated by optimism around a GST revision from the beginning and strengthened as the week progressed, although the profit booking in the last session decreased some profit. In the meantime, foreign institutional investors […]