Banking And Finance
SBI pitches for review of affordable home definition, cites jump in average loan size
Mumbai: Country’s largest lender on Friday sought a review of the affordable home definition, citing a sharp increase in its average size in the recent past. Chairman said that the…
Where to allocate ₹10 lakh in current market scenario — a guide for conservative, moderate and aggressive investors
The Indian stock market had experienced wild fluctuations in recent weeks, driven by global cues, crude oil prices, and geopolitical tensions between the United States and Iran in West Asia.…
Small Savings Schemes: PPF, NSC, SCSS, SSY and post office FD interest rates compared — which one is right for you?
Small savings schemes are popular among conservative investors in India because they are products of the Ministry of Finance and carry a sovereign guarantee, making them fully secure. The interest…
RBI imposes penalties on YES Bank, Hinduja Housing Finance
Mumbai: A penalty of Rs 31.80 lakh has been imposed on for non-compliance with certain provisions on ‘Know Your Customer’, the Reserve Bank of India (RBI) said on Friday. The…
Market
Blackstone-backed Horizon Industrial Parks, 5 others receive SEBI nod to launch IPO
Horizon Industrial Parks, the industrial and logistics infrastructure developer, has received observations from SEBI this week for its proposed IPO, comprising an entire fresh issue of ₹2,600 crore. Besides, five…
Broker’s call: Karur Vysya Bank (Long)
Target: ₹360 CMP: ₹304.55 Karur Vysya Bank has reported another strong quarter, with RoA at 2.1 per cent, driven by 26 bps q-o-q NIM expansion, healthy two quarter recoveries and…
Will new-age companies break into large-cap indices?
India may soon lose out to South Korea and Taiwan in market-cap if the current trend sustains. Buoyed by the artificial intelligence (AI) boom, South Korea’s market value has surged…
India joins global rally, but trails peers on earnings outlook: MOFSL
Indian equities have joined the recent rebound in global markets, with nearly 94 per cent of Nifty and BSE-200 constituents delivering gains in April, yet benchmark indices continue to lag…
Market
Vedanta Aluminium, Tata 1mg tie-up to bring telemedicine to remote villages
Vedanta Aluminium has opened first-of-its-kind 24×7 telemedicine facility in Lanjigarh, Kalahandi district in Odisha in partnership with Tata 1mg. The initiative will bring timely specialist medical consultation closer to communities…
Accor sees strong growth in India’s hospitality sector, plans more brand launches
Accor is witnessing strong growth in India and is in active discussions with developers to grow its portfolio of luxury and lifestyle hotels in the country, said Gaurav Bhushan, group…
Start-ups should be included in Auto PLI to meet intended objectives, say experts
A more flexible eligibility criteria for the Auto Production linked Incentive (PLI) scheme, allowing start-ups to take advantage of its benefits, will help meet its proposed manufacturing and localisation goals,…
Titan shines on jewellery boom; Q4 profit jumps 35% to ₹1,179 cr
Retail major Titan has recorded a growth in its consolidated net profit growth by 35 per cent year on year (y-o-y) to ₹1179 crore from ₹871 crores in Q4FY25. The total…
Axis
