Banking And Finance
RBI imposes restrictions on Etawah-based Nagar Sahakari Bank for 6 months
Mumbai: The Reserve Bank on Monday imposed several restrictions on Etawah-based Nagar Sahakari Bank, including capping per customer withdrawal at Rs 10,000, necessitated due to supervisory concerns, for six months.…
Liberty Mutual Insurance raises stake in Indian arm to 74 pc
New Delhi: US-based on Monday announced that it has increased its shareholding in (LGI) to 74 per cent. This development follows the earlier increase in Liberty Mutual’s stake from 49…
Want better returns than FDs? Here are top five government-backed schemes you can consider
Bank fixed deposits are a preferred investment option for parking excess cash, especially for risk-averse investors seeking stable, assured returns on their principal. As of May 2026, FD rates offered…
Market
US stock market today: S&P 500, Dow futures fall up to 0.8% as crude prices stay elevated; Brent hits $112
US stock futures edged lower on Monday, 18 May, as investors awaited Nvidia’s earnings report for fresh signals on the sustainability of the artificial intelligence-driven market rally, while the ongoing…
Indian markets capable of absorbing different types of shocks: SEBI chief on West Asia crisis
Volatility has shot up in the financial markets due to the ongoing West Asia conflict, but the Indian bourses have the capacity to “absorb different types of shocks”, SEBI Chairman…
Indian firms are turning to floating-rate bonds as interest rate hikes loom. Here’s why
Some Indian firms are turning to floating-rate bonds to attract investors and manage borrowing costs at a time when expectations of rate hikes have pushed up yields on conventional fixed-rate…
Imagicaaworld to invest ₹100 crore in Gujarat water park as footfalls rise 5%
Imagicaaworld Entertainment Limited has approved an investment of up to ₹100 crore in Shanku’s Water Park in Mehsana, Gujarat, marking the company’s latest push to expand beyond its existing theme…
Market
GNFC Q4 PAT jumps 88% to ₹396 crore on lower input costs, better realisations
State-run (GNFC) reported an 88 per cent year-on-year jump in consolidated profit after tax (PAT) to ₹396 crore for the quarter ended March 2026, aided by improved product realisations, lower…
IDFC FIRST Bank Q4 shows deposit slowdown despite system-wide surge
MUMBAI: Beneath the one-time profit hit from the ₹590 crore Chandigarh fraud, IDFC FIRST Bank’s March-quarter (Q4FY26) earnings revealed a deeper concern: deposit growth slowed sharply after the incident dented…
Strides Pharma Q4 profit jumps 51% at ₹129 cr
on Monday reported a 51 per cent rise in consolidated net profit at ₹129.28 crore for the fourth quarter ended March 31, 2026, driven by good growth in its main…
Bondada Engineering bags orders worth ₹469-cr from Adani Group
has received multiple orders from the Adani Group aggregating to ₹469 crore for the execution of the Balance of System (BOS) package for a 250 MW Solar Power Project at Khavda, Kutch, Gujarat. The orders have been…
Axis
