Banking And Finance
Bank holiday next week: SBI, HDFC, others closed on this day between 11 and 17 May; check here
Bank holidays next week: Private and public sector banks in India will remain closed for only one day in the upcoming week between 11 and 1 7May, 2026. The Reserve…
What are stablecoins? Why Amazon, BlackRock and big banks are adopting digital dollars amid tighter crypto rules
As regulators tighten rules around the crypto sector, are emerging as a key link between traditional finance and digital assets. As its adoption increases, J.P.Morgan recently projected the stablecoin market…
Market
Iran war is draining world’s oil buffer at an unprecedented pace
The world has burned through oil inventories at a record speed as the Iran war throttles flows from the Persian Gulf, eating into the very buffer that protects against supply…
FPI ownership of Indian equities hits 14-year low as selling streak continues
’ share of Indian equities has fallen to its lowest level in nearly 14 years, even as domestic institutions have quietly overtaken them as the larger stakeholder in India’s stock…
India’s market underperformance driven by ‘AI exposure gap’, not domestic weakness: Motilal Oswal report
India’s underperformance against major global markets has been driven largely by the global artificial intelligence (AI) rally and not necessarily by weakness in the broader domestic economy, according to Motilal…
Market
Banks and Crypto Backers Tussle as Senators Eye Landmark Digital Asset Bill
(Bloomberg) — Banking groups are floating last-minute changes to a compromise on stablecoin yield as a key Senate panel begins considering a landmark digital asset bill. The proposed changes would…
THINK Gas launches ‘LPG Free Zones’ at Kancheepuram
City Gas Distribution (CGD) company THINK Gas has launched its ‘LPG Free Zones’ initiative at Kancheepuram in Tamil Nadu, in partnership with the Petroleum and Natural Gas Regulatory Board (PNGRB).…
ECCO bets big on India, plans 50 stores by 2028 amid premium footwear boom
Danish premium footwear brand ECCO is sharpening its focus on India as rising disposable incomes and growing appetite for luxury products drive demand in the premium footwear segment. The company…
Birla Corporation Q4 profit up 14.8% to ₹294.8 crore, FY26 revenue rises 5%
The MP Birla Group firm on Saturday reported a consolidated net profit of ₹294.77 crore in the March quarter of 2025-26 on a year-on-year basis. It had posted a net…
Axis
