Banking And Finance
Axis Bank raises $500 million in offshore loan from MUFG
, India’s third-largest private lender, has signed a $500 million with , according to people familiar with the matter, underscoring rising demand for . The three-year facility will be priced…
How much monthly income does ₹25 lakh FD generate in 2026? These banks offer interest rates up to 7.75%
A ₹25 lakh fixed deposit (FD) in 2026 is no longer just a place to park idle money; it has become a source of steady income amid uncertain markets. With…
Sitharaman’s video fake, created with AI, clarifies PIB; warns against fraudulent investment scheme claims — Details
The Press Information Bureau’s Fact Check unit on 7 May clarified that the video circulating online of Union Finance Minister Nirmala Sitharaman purportedly endorsing an investment platform is fake. In…
RBI clears Kotak Bank to raise stake up to 9.99% in AU Small Finance, Federal Bank
The Reserve Bank of India (RBI) has cleared ’s proposal to raise its stake in both and , allowing it to hold up to 9.99 per cent in each lender.…
Market
LIC Portfolio Rejig: SBI, Coal India among top 10 stocks that India’s biggest DII sold in March quarter
LIC Portfolio Rejig: Insurance behemoth, (LIC), which is also the biggest domestic institutional investor, reduced its stake in several prominent large-cap names during the recently concluded March quarter, according to…
Stock market today: Sensex falls 114 points, Nifty 50 ends above 24,300; mid, small-cap indices jump 1%
Stock market today: Indian stock market benchmarks- the Sensex and the Nifty 50- ended in the red on Thursday, 7 May, largely due to profit booking in select heavyweights, including…
Japan’s Nikkei 225 hits record high on US-Iran deal hopes; SoftBank, Seiko Epson lead the rally
Japanese stocks rose sharply on Thursday, 7 May, as trading resumed after a holiday pause, with investors enthusiastic about the global upswing, driven by expectations of a potential agreement between…
Top Gainers & Losers on May 7: Godrej Industries, Tejas Networks, Paytm, Polycab, BHEL, HFCL among top gainers
Indian stocks gave up their early gains to close Thursday’s trade, 7 May, as both the Nifty 50 and Sensex ended largely unchanged from the previous close. The headline indices…
Market
Emami to acquire 60% stake in personalised beauty player IncNut Digital for ₹321 crore
FMCG major Emami Ltd on Thursday said it has entered into a definitive agreement to acquire a 60 per cent stake in IncNut Digital, engaged in the personalised beauty and…
Pronto extends Series B to $45 million at $200 million valuation
Pronto, the instant household services platform, has raised $45 million Series B, with Lachy Groom, co-founder of AI robotics company Physical Intelligence and an early backer of Zepto, joining the…
Bharat Forge Q4 net profit down 17% at ₹233.45 crore
Forgings and defence equipment major Bharat Forge Ltd on Thursday reported a 17 per cent decline in consolidated net profit at ₹233.45 crore in the fourth quarter ended March 31,…
CESC Q4 net profit grows 19% to ₹459 cr
Power utility CESC Ltd has posted a 19 per cent rise in consolidated net profit to ₹459 crore during the quarter ended March 31, supported by higher income. It had…
Axis
