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

Gold price falls on MCX as higher crude oil prices, stalled US–Iran peace talks fuel inflation worries

Gold rate today: Gold price declined on the MCX on Monday (11 May) morning as an elevated US dollar, driven by a rebound in crude oil prices, weighed on bullion.…

Stock market today: Gift Nifty signals big gap-down opening; US-Iran war, oil, gold to silver — 7 stocks to buy or sell

Stock market today, 11 May 2026: Amid weak global cues and renewed geopolitical concerns, the key benchmark indices of the Indian stock market remained under pressure throughout the Friday session…

Rupee opens 40 paise lower at 94.88 against the US dollar

The Indian rupee opened 40 paise weaker at 94.88 against the U.S. dollar on Monday, 11 May, pressured by a sharp rise in crude oil prices amid fading hopes of…

Stocks to buy for short term: From CDSL to Patanjali Foods – Jigar Patel of Anand Rathi recommends 3 shares

Stocks to buy for short term: The Indian stock market is expected to remain volatile this week, reacting to the news flows about US-Iran talks, crude oil price movement, and…

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…
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Axis

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