Banking And Finance
India’s active credit cards cross 120 million in May
Mumbai: The number of in the country crossed 120 million in May, when net additions surged 34% year-on-year to 1.02 million, even as grew just 6.3% on year, data from…
Suryoday SFB board approves plans to raise up to Rs 500 crore via equity and debt
Kolkata: The board of on Thursday approved for raising up to Rs 300 crore and issuing for raising up to Rs 200 crore. The share sale can happen by way…
Should you invest in last year’s top mutual fund? Experts warn against this common mistake
Every year, mutual fund rankings create a familiar temptation. A delivers 30-40% returns, a thematic fund doubles investors’ money, and investors begin asking the same question: Should I move my…
RBI proposes to further enhance money market participation, liquidity
Mumbai: The Reserve Bank on Thursday proposed to further enhance the depth of participation and liquidity in the segment, as well as expand the participant base. Prudential limits in respect…
Market
Crude oil prices fall as shipments through Strait of Hormuz resume; Brent oil below $75 a barrel
Crude oil prices traded lower on Friday and headed for steep weekly losses, as supply concerns eased after more stranded oil tankers exited the Strait of Hormuz. Brent crude futures…
Asian stocks today: Nikkei, Kospi fall over 1% amid tech stocks selloff
Asian equities fell sharply on Friday, 26 June, as heavyweight semiconductor stocks gave back a portion of their previous session’s gains, highlighting the volatility that has gripped global technology markets…
Stock market holiday: BSE, NSE closed for trading today for Muharram; Commodities market to open for half day
The Indian stock market is closed today, June 26, for a holiday on account of Muharram. Trading on both the major stock exchanges, BSE and the National Stock Exchange (NSE)…
Stocks to buy for short term: Ajit Mishra of Religare Broking recommends 3 shares for next 1-2 weeks. Do you own any?
Stocks to buy for the short term: The Indian stock market benchmarks ended with thin gains on Thursday, 25 June, largely due to profit booking amid growing concerns over a…
Market
Vedanta’s Navin Agarwal bets big on rare earth magnets, sets up firm eyeing PLI
Mumbai: As India seeks to build its rare earth magnet industry, ‘s executive vice-chairman Navin Agarwal is betting ₹1,250 crore in his personal capacity as an initial investment in a…
Zombie unicorns are haunting Silicon Valley
FANTASTIC BEASTS roam Silicon Valley. Locals are familiar with the unicorn, a startup valued at more than $1bn, the decacorn ($10bn) and even the hectocorn ($100bn). Lately, however, another creature…
Tata AutoComp expands EV and premium vehicle play via JVs, acquisitions
Tata AutoComp expects its series of acquisitions, joint ventures and overseas engineering centre expansions over the past year to deepen its presence in electric vehicle components and premium automotive interiors,…
India can still build AI winners despite US, China lead, says Accel’s Subrata Mitra
As capital pours into India’s artificial intelligence and deeptech startups, the country’s chances of producing globally significant AI companies are improving—even if the race to build large language models is…
Axis
