Borrowing is often seen as a path to opportunity: funding a child’s education, expanding a small business, or simply meeting emergency needs. But in India, when borrowers falter in repaying…
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Explained: Why Bajaj Housing Finance shares fell 9% today
Bajaj Housing Finance shares dropped nearly 9% on Tuesday morning, hitting a fresh 52-week low of Rs 95.57 as of 9:30 am. The fall adds to a steady decline that…
Sensex opens 300 points lower, Nifty below 26,200; HDFC Bank down 2%
Benchmark stock market indices opened lower as investors booked profit and Dalal Street showed signs of consolidation. Heavyweight stocks from financial and private sector banking tanked in early trade. The…
Who is Ramakrishnan Chander, LIC’s new Managing Director
Life Insurance Corporation of India (LIC) has appointed Ramakrishnan Chander as its new Managing Director, marking an important change in the company’s senior leadership. His appointment came into effect on…
Big December IPO lineup: Key details of Meesho, Aequs, Vidya Wires and 13 others
Sensex and Nifty have twice in a span of few days as Dalal Street buzzes with action. The primary market in December is also shaping up to be one of…
India’s Foreign Direct Investment up 18% in April-September, US inflows double
Foreign direct investments (FDI) in India rose 18 per cent to USD 35.18 billion during April-September of this fiscal year, while the inflow from the US more than doubled to…
Airbus hit by fresh A320 production flaw as global fleet undergoes fixes: Report
Airbus has identified a new industrial quality problem involving fuselage panels on several dozen A320-family aircraft, delaying some deliveries even as the plane maker races to meet its year-end targets,…
Centre moves to retain high taxes on tobacco, pan masala with new excise, cess bills
Finance Minister Nirmala Sitharaman on Monday introduced two bills in the Lok Sabha to levy excise duty on tobacco and tobacco products, and a new cess on manufacturing of pan…
Sensex, Nifty end marginally lower after hitting record highs
Benchmark stock market indices slipped into the red by the end of Monday’s session, giving up early gains after hitting fresh all-time highs in morning trade. The S&P BSE Sensex…
Will RBI announce a 25 bps rate cut? What to expect from the upcoming MPC meeting
As the Reserve Bank of India (RBI) gears up for its monetary policy announcement next week, many economists believe the central bank may reduce the repo rate by 25 basis…