Latest Updates Around The World
The Indian market ended higher on Monday, with the Sensex and Nifty recouping some of the losses recorded during Sunday’s special session, as investors digested the impact of the federal budget on markets and capital flows. The recovery came despite proposals to increase transaction taxes on derivatives and the absence of new measures aimed at […]
Earnings season for the December quarter continues on Monday, with as many as 72 companies set to announce their third-quarter results. Key results to watch out for include Hyundai Motor India, PB Fintech, Bajaj Housing Finance and Ather Energy.In addition, companies like Indus Towers, Sundaram Finance, UPL, Thermax, Chalet Hotels, Tata Chemicals, PG Electroplast and […]
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 […]
The Indian market ended higher on Friday, with the Sensex and Nifty reversing an early lull, as financial and auto stocks – which are typically sensitive to interest rate moves – led the advance after the Reserve Bank of India cut policy rates by 25 basis points.The S&P BSE Sensex climbed 447 points, or 0.52%, […]
Executives from SFL and Citroen India Sundaram Finance Limited (SFL), the NBFC of the TSF Group, will offer retail financing to customers of carmaker Citroen in India. The company will leverage its deep presence and long-standing relationships in Tier 2 and Tier 3 cities to offer competitive interest rates, simplified loan processing and personalized financing […]
Benchmark index Nifty ended in the red on Thursday, posting its second consecutive losses due to selling pressure in financials, metals and real estate stocks. In doing so, it slipped below the critical 21-EMA on the daily time frame, indicating weakness.Commenting on the day’s action, Rupak De, Senior Technical Analyst at LKP Securities said the […]
Self -standing basis, the NBFC saw assets in management (AUM) grow by 17 percent to RS. £ 53,278 crores. Payment growth, however, was a TAD -superior to 6 percent in Q1FY26 to RS. £ 7,310 Crores Non-banking finance company Sundaram Finance On Monday, the consolidated net profit of £ 475 crore for quarter ending June […]
In a rare fit of generosity, the Monetary Policy Committee (MPC) decided in its June meeting to lower the Repo rate with 50 basic points and to beat the Cash Reserve Ratio (CRR) for banks with 100 basic points. The CRR section will be phased out from September to November over four tranches. Both REPO […]
