Banking And Finance
8th Pay Commission explained: 25 most important FAQs, official dates, latest notices & key facts
The 8th Central Pay Commission (8th CPC) has now entered the consultation and discussion stage, following the Government of India’s constitution of the Commission through a Gazette notification dated 3…
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…
Market
Sensex bleeds 972 points at midday; Titan, IndiGo, SBI lead Nifty losers
Markets deepened their losses through the first half of Monday’s session, with the BSE Sensex trading at 76,356.15 — down 972.04 points or 1.26 per cent — and the Nifty…
Northern Arc shares hit 52-week high after Q4 profit jump, brokerages positive
shares rallied 12 per cent to hit their 52-week high on Monday after the non-banking financial company reported a nearly three-fold jump in net profit for the March quarter, driven…
Gold under pressure: What’s behind West Asia tensions & PM Modi’s remarks?
prices eased on Monday after last week’s rally as renewed tensions in West Asia, elevated crude oil prices, and a stronger dollar weighed on bullion sentiment, while analysts said Prime…
Gold futures drop to ₹1,52,068/10g
Gold prices on Monday dropped ₹462 to ₹1,52,068 per 10 grams in futures trade amid a fall in spot demand. Also read On the Multi Commodity Exchange, gold contracts for…
Market
Odisha Mining Corporation plans expansion of Kodingamali bauxite mine
Odisha Mining Corporation plans to increase bauxite production capacity at Kodingamali Mines to 6 million tonnes per annum from 3.6 mtpa on the back of strong demand. Operated for the…
CIL’s coal auction volumes dip 6% in April
State-owned CIL, the country’s largest coal producer, offered 30.5 million tonnes (MT) of coal through online auctions in April, marking a 6 per cent decline from 32.5 MT in March.…
Adani calls for India to build, power, and own AI infrastructure on home soil
Billionaire Gautam Adani said on Monday that energy security and digital infrastructure would define geopolitical power in the coming decades, as he called on India to build sovereign capabilities across…
Toyota to build new 100,000-units-a-year car factory in India
Toyota said on Monday it would build a new 100,000-vehicles-a-year factory in Maharashtra, India that would begin production in the first half of 2029. The plant, to be located in…
Axis
