Banking And Finance
PMJJBY disbursed Rs 17,600 crore to families since launch in 2015: LIC
New Delhi, (), launched by Prime Minister Narendra Modi in 2015, is playing a critical role in fostering the government’s vision of ‘Insurance for All by 2047’, CEO and MD…
FD premature withdrawal rules: How much penalty do banks charge? All you need to know
Fixed deposits (FDs) remain a cornerstone for risk-averse investors seeking to balance their portfolios. This investment vehicle provides guaranteed returns at pre-specified rates, offering a shield against the market volatility…
Sebi proposes allowing online bond platforms to offer IFSCA-regulated products, tax-saving bonds
The Securities and Exchange Board of India () has proposed to expand the scope of online bond platform providers (OBPPs), potentially allowing them to offer products regulated by the International…
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…
Market
Gold, silver rates today: Comex gold jumps $50/oz, silver rallies $2 as traders track US-Iran talks
Precious metals extended their winning run to a fourth straight session on Friday, 8 May, as optimism surrounding a potential US-Iran peace agreement, along with a softer US dollar, kept…
Fino Payments Bank April update: Deposits cross ₹2,800 crore, loan referral business triples
announced its business performance for April on May 8 after market hours, reporting steady growth in deposits and strong traction in its loan referral business. Average total increased 13% year-on-year…
Broker’s call: Escorts Kubota (Hold)
Target: ₹3,530 CMP: ₹3,148.80 The Agri Machinery segment delivered a strong performance in FY26, with Escorts Kubota reporting its highest-ever domestic tractor volumes of 1,26,994 units, up 14.9 per cent…
Market
Former Wachtell lawyer in insider trading case later worked at investment bank, sources say
* Avi Sutton, ex-Wachtell attorney who moved to LionTree, is unindicted co-conspirator in major insider trading case, sources say * Prosecutors allege lawyers passed on M&A tips in decade-long scheme…
Musk, Altman Management Styles Come Under Fire at OpenAI Trial
Elon Musk and Sam Altman both took a beating over their leadership styles in court testimony this week as a jury waded further into their OpenAI feud. As people who…
Zepto gets SEBI nod for IPO, eyes ₹9,300 crore IPO amid quick commerce race
Quick commerce startup Zepto has received approval from the Securities and Exchange Board of India (SEBI) for its initial public offering, clearing the path for the company to file an…
Kalyan Jewellers net profit more than doubles in Q4
Kalyan Jewellers has reported that its net profit in the March quarter more than doubled to ₹409 crore against ₹188 crore logged in the same period, largely due to sharp…
Axis
