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Chat with M R Venkatesh on the health of the Private Banks of India

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In this wide-ranging chat on India's "Private" Banks where no one (including the Reserve Bank of India (RBI)) can tell who the real owners...
Following overt nudges by RBI, Indian Banks lower rates

Indian Banks lower interest rates

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Navin Upadhyay Indian corporates and investors, both domestic and international, heaved a sigh of relief when several top notch private and public sector banks announced...
We strongly believe it helps in cross border payments. It will bring in greater transparency and traceability: FM Sitharaman on digital currency

Govt of India, RBI actively engaged on digital currency: Finance Minister

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Both the regulator and the government are working on digital currency, says Nirmala Sitharaman India’s Finance Minister Nirmala Sitharaman on Thursday said the Government of...
Kotak Mahindra is down more than 2 percent, Tata Steel is down 2 percent, ICICI Bank is down 2 percent

BSE Sensex plunges more than 1,000 points

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Sensex crashes 1,000 points, Nifty tumbles amid profit booking On Wednesday, led by losses in HDFC Bank, Sensex plunged 1,044 points at 72,084 points. HDFC Bank...
Dips will be bought by FIIs who have emerged as sustained buyers

Nifty marches ahead to touch 21,000, Sensex towards 70,000

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Index gains significantly almost 11 percent in the current swing Even though the undertone is bullish, the market is likely to consolidate in the near...
Equity markets globally are being impacted more by the spike in US bond yields rather than the Israel-Hamas conflict

US bond yield spike impacts equity markets more than Israel-Hamas conflict

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War worries, high US bond yields keep markets jittery With the ground war in Gaza intensifying, uncertainty surrounding the West Asian crisis is at its...
If Iran, a major Hamas supporter, is drawn into the war then it can disrupt oil supplies causing a spike in crude, which can trigger a risk-off in the market

Huge uncertainty for markets due to Israel-Hamas conflict

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Israel-Hamas conflict impact on the stock market, crude oil prices The ongoing Israel-Hamas conflict has introduced a huge uncertainty for the markets, says V K...
The police received information regarding circulation of Fake Indian Currency Notes by the members of an international syndicate in India

Delhi Police Special Cell busts international fake currency racket; ex-Bulgarian army officer nabbed

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Bulgarian man Ruslan Petrov Metodiev was arrested in Delhi for printing counterfeit notes The Delhi Police's Special Cell has arrested a former Bulgarian army officer...
According to the report, the value of the top 500 companies from Burgundy Private and Hurun India list in India decreased marginally by 6.4 percent to Rs.212 lakh crore from Rs.227 lakh crore as on October 30, 2022

Adani Group companies valuation halves. Reliance is the most valuable private company: Report

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Reliance tops Hurun’s list of most valuable private sector companies in India; Adani firms' combined value falls 52% Valuation of Adani Group's eight companies more...
The police officials have found five bank accounts and fake stamp papers in Patel's possession, which will be investigated further

Fake stamp papers, keys of bungalows found during search at conman Kiran Patel’s Gujarat...

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Cops discover bungalow keys, several bank accounts, and fake stamp papers from Conman’s house The crime branch of the Gujarat Police conducted a search at...

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