Banking And Finance
Big banks urge RBI to rethink uniform forex exposure cap
Mumbai: Large banks have sent feelers to the regulator to rethink the blanket rule on their . As rupee came under attack, the (RBI) had imposed a $100 million uniform…
As India grows richer, banks will have to adjust to thinner margins: Indian Bank CEO
‘s MD & CEO, Binod Kumar, believes that interest rates have bottomed out and that retail deposit rates are likely to rise if credit demand stays strong. He tells Sangita…
Calculating your emergency fund? Experts suggest the 3-6-9 rule to build a cushion — Here’s what it means
Sound financial planning includes provision of an emergency fund is to help tide over sudden needs without immediately straining your day-to-day finances. Investment earmarked as emergency or “rainy day” fund…
New ITR disclosure norms for FY26: What investors, traders and salaried taxpayers should know
The Income Tax Department has introduced several changes to the Income tax return (ITR) forms for assessment year 2026-27 (financial year 2025-26), impacting salaried individuals, traders, and investors alike. The…
Market
No PANs issued to FPIs for a month, onboarding hit
Foreign portfolio investors (FPIs) have not received any Permanent Account Numbers (PAN) for nearly a month following changes to the PAN application process under the common application form (CAF), creating…
Buzzing stocks: CMS Info, NBCC (I), 3i Infotech, Zaggle, Alkem Lab, GHV Infra, Innovation, Texmaco, JSW Steel, KIMS, Exato Tech, Steelco Gujarat, Om Freight, TVS Motor
CMS Info Systems Ltd has been awarded an integrated ATM managed services outsourcing mandate by HDFC Bank, India’s largest private sector bank. As part of a 5-year contract, CMS will…
Negative bias seen for Sensex, Nifty at open amid austerity talk, adverse geopolitical condition
Domestic markets are likely to open on a negative note on Monday amid Prime Minister Narendra Modi’s austerity call. The Prime Minister, while calling for economic self-reliance, asked citizens to…
Market
Logjam seen as Noel Tata votes against Venu Srinivasan, Vijay Singh at a Tata Trust affiliate
Tata Trusts chairman Noel Tata has opposed the reappointment of vice-chairmen Venu Srinivasan and Vijay Singh at Tata Education and Development Trust (TEDT), deepening divisions within the philanthropic entities that…
Nintendo shares slump as price hikes, games shortfall spook market
TOKYO, – Nintendo’s shares fell 8% in Tokyo on Monday after the company hiked Switch 2 prices and as the market frets over a lack of high-profile games to build…
BigBasket’s quick-commerce rethink: profit trumps scale
For BigBasket co-founder Vipul Parekh, profitability matters more than market share, even as competition intensifies in quick commerce. “It is very easy to have market share and never make money,”…
India’s largest container port JNPA engages investment banks for planned IPO
The government is exploring an initial public offering for the country’s largest container port, managed by the Jawaharlal Nehru Port Authority, and has engaged state-backed investment banks to initiate the…
Axis
