Banking And Finance
Better recoveries, low slippages pull down PSU banks write-offs to multi-year lows in FY26
Mumbai: Loan write-offs by declined to multi-year lows in the fiscal year 2025-26 on the back of lower slippages and better recoveries. As per an analysis of bank earnings by…
EPFO plans auto-settlement for final PF withdrawals. How will it benefit its 7 crore members?
The Employees’ Provident Fund Organisation (EPFO) is set to introduce auto-settlements for final PF withdrawals to reduce delay and discrepancies, and eliminate avoidable paperwork. The auto-settlement facility is expected to…
UPI’s per-day and per-transaction limit set at ₹2 lakh in Europe. What it means for users
To expand the reach of UPI Global Acceptance, the National Payments Corporation of India (NPCI) recently revised the limits and the list of countries enabled for the facility. The per-transaction…
Indian banks remain stable despite margin pressure after RBI rate cut: Report
New Delhi: Indian banks continue to remain financially stable despite pressure on profit margins after recent interest rate cuts, with bad loans still largely under control, according to a by…
Market
Expert View | Markets are unlikely to see a runaway rally in 2026: Inderbir Singh Jolly, CEO, PL Private Wealth
Expert View: Inderbir Singh Jolly, CEO, PL Private Wealth, believes that crude oil remains the most important macro variable for the Indian stock market. He believes that elevated crude oil…
ITC Hotels Q4 Results: Cons PAT jumps 23% YoY to ₹316 crore; Re 1 dividend announced
ITC Hotels announced its March quarter results today, reporting revenue from operations of ₹1,253.7 crore, compared to ₹1,060.6 crore in the corresponding quarter last year, registering a strong 18.2% year-on-year…
Sensex falls 161 points, Nifty 50 ends at 23,643; investors lose more than ₹2 lakh crore in a day
Stock market today: Frontline indices, the Sensex and the Nifty 50, snapped their two-day winning run on Friday, 15 May, due to profit booking amid weak global cues, a sharp…
RFBL Flexi Pack IPO allotment date today: Here are steps to check status online; GMP signals 8% listing gains
RFBL Flexi Pack IPO: The (IPO) of RFBL Flexi Pack is likely to finalise the allotment following the closure of the offer. RFBL Flexi Pack IPO allotment date is fixed…
Market
FSSAI sends notice to Blinkit over quality concerns of eggs
The Food Safety and Standards Authority of India (FSSAI) has sent a notice to quick commerce platform Blinkit over allegedly selling substandard eggs. The notice was sent after the food…
Ola Electric board clears ₹2,000-crore investment in EV, cell tech units
Ola Electric will invest $208.5 million in its core vehicle and cell units as the EV bike and scooter maker aims to step up cost cuts and localise manufacturing to…
Reliance-Disney’s JioStar initiates legal action against Zee over film rights
India’s JioStar, the TV and online entertainment venture of Reliance and Walt Disney, has initiated legal measures against rival Zee Entertainment for alleged unauthorised broadcast of Bollywood films it has…
Tencent inks pacts for gaming, AVGC skilling; welcomes regulatory clarity
Chinese tech major Tencent on Friday announced strategic partnerships with Service Export Promotion Council (SEPC) and Game Developers Association of India (GDAI), making an initial commitment of over ₹100 million…
Axis
