Banking And Finance
Govt needs to revive NITI Aayog’s PSU, PSB privatisation program: Arvind Panagariya
New Delhi: The government needs to resuscitate privatisation of public sector undertakings (PSUs) as well as public sector banks (PSBs) as it is integral to India’s economic reforms, former vice…
Money-market fund vs short-duration fund: Where to park your cash and why
There are different types of based on the types of instruments they invest in and the maturity profile of those investments. Two categories that often appear similar to investors are…
Market
Sensex zooms 735 points, Nifty above 23,850: 10 key highlights from Indian stock market today
Stock market today: Significant de-escalation in geopolitical tensions following the announcement of a peace deal by the US and Iran powered global risk assets, including Indian stocks, on Monday, 15…
OMC stocks rally up to 5.5% as crude oil crashes on US-Iran peace deal; Brent hits 3-month low
Shares of oil marketing companies (OMCs) rallied up to 5% on Monday, 15 June, amid easing crude oil prices following the announcement of a peace deal between the US and…
Sensex ends 736 points higher, Nifty above 23,800; IndiGo up 4%
Stock markets ended sharply higher on Monday, extending their rally as easing tensions in West Asia and a sharp fall in crude oil prices boosted investor confidence. The interim US-Iran…
Silver jumps over ₹6,000 in futures trade as US-Iran deal boosts sentiment
Silver prices rallied by ₹6,066 to ₹2.52 lakh per kilogram in futures trade on Monday as easing geopolitical tensions in West Asia and a weaker US dollar improved sentiment in…
Market
Verlinvest deepens India push with larger cheques, new sector bets
MUMBAI: Global private equity firm Verlinvest is sharpening its focus on India, expanding deal sizes and moving further down the capital stack as it concentrates more of its Asia strategy…
Drools parent IB Group said to plan IPO, seeks pitches from merchant banks; stake-sale size, valuation to be decided
IB Group, an Indian agribusiness company focused on poultry and livestock and owns Drools Pet Food Pvt Ltd, has held meetings with investment banks for a proposed initial public offering,…
BBC layoffs: Hundreds of news jobs to be cut as UK public broadcaster plans major downsizing
The BBC, the United Kingdom’s public broadcaster, is expected to announce the first phase of a major restructuring next week, which will involve cutting hundreds of positions within its main…
Electronics Mart eyes new markets as tech hubs fear job losses
Hyderabad-based is looking to diversify away from the technology hub as concerns grow that potential AI-triggered job losses could hurt consumer spending, a top executive said. The retailer gets about…
Axis
