Banking And Finance
Investing in corporate bonds through OBPPs: How to read SEBI’s new mutual fund-like credit risk-o-meter—experts explain
If you invest through Online Platform Providers (OBPPs), a new risk-o-meter will help you analyze the credit risk of corporate bonds and other debt instruments. According to a circular released…
Surging bond yields likely to slash banks’ treasury income
Mumbai: Banks are expected to post a nearly 60% fall in treasury income for the July-September quarter from a year earlier due to a sharp increase in . Analysts at…
Personal loans jump 32% in Q1 FY27: How home, auto and consumer loans compare — and what borrowers should watch
If you are considering taking a for a large purchase, home renovation, wedding, or another expense, the latest credit-market numbers show that unsecured borrowing is growing considerably faster than home…
Bank delays your credit card closure, credit report correction or property documents? You are eligible for compensation
Banks and financial institutions are required to complete several customer-service requests within timelines prescribed by the Reserve Bank of India (RBI). If a bank fails to meet these deadlines, customers…
Market
Honasa Consumer shares: 54% up in 6 months; target price ₹550 as Mamaearth stock gets BUY rating from HDFC Securities
Domestic brokerage firm HDFC Securities, in its latest report, has maintained its ‘Buy’ rating on , the parent company of Mamaearth, with a target price of ₹550. The brokerage highlighted…
Nifty sinks to an 18-month low as rate fears bite
A day after the central bank raised interest rates for the first time in more than three years, India’s equity benchmark Nifty 50 plunged to an 18-month low on Thursday,…
Infosys, Wipro ADRs drop 3% as Cognizant, Infosys, TCS, Wipro, HCL among IT firms suspended from US green card programme
The American Depositary Receipts (ADRs) of and slumped around 3% each in Thursday’s trade after US President Donald Trump’s administration suspended these firms from the Permanent Labour Certification Programme, which…
Ola Electric plunges nearly 10% as ₹1,000-cr rights issue puts shareholders in a bind
Ola Electric’s shares plunged nearly 10 per cent intraday on Thursday, confronting shareholders with a difficult choice: invest more money to protect their ownership in an electric two-wheeler maker struggling…
Market
OpenAI’s Revenue Run Rate Nears $50 Billion, Less Than Reported
(Bloomberg) — OpenAI is on track to generate annualized revenue of roughly $50 billion based on its current performance, according to people familiar with the matter, an uptick from the…
TCS posts slowest Q2 growth in three years as demand stays muted
Tata Consultancy Services Ltd (TCS) in the September quarter but posted its slowest second-quarter growth in three years, and management said client demand has yet to improve. India’s largest tech…
FSSAI issues notice to Dr. Reddy’s, Nestle Health Science, e-comm players over misleading claims
The Food Safety and Standards Authority of India (FSSAI) on Thursday said it has issued notices to Dr. Reddy’s and Nestle Health Science Ltd besides Flipkart India, Amazon India, Netmeds…
bp chief meets PM, Oil Minister; to bid in OALP rounds
bp CEO Meg O’Neill met Prime Minister Narendra Modi and Oil Minister Hardeep Singh Puri on Thursday with the oil and gas major discussing upcoming investments and participation in Open…
Axis
