While there is scope for further easing, the question is whether there is a need to cut rates further, said panellists
At BS BFSI Summit 2025, all three bankers welcomed recent measures from the RBI, particularly move to allow local banks to finance mergers and acquisitions - an area long dominated by foreign lenders
Sensex rises 369 points to 84,997; optimism over a potential US-China trade deal and strong global cues boost market sentiment
Vinay Rajani, senior technical and derivative Analyst at HDFC Securities, recommends 'Buy' on Ujjivan Small Finance Bank and Zensar Technologies
Benchmarks advance 0.7% each; market value climbs Rs 3 trillion as investors cheer signs of a US-China pact and possible Federal Reserve rate easing
Indian eyewear retailer aims to raise $830 million amid a surge of listings, with plans to expand its retail footprint and invest in technology and brand marketing
Margins ring loud as controlled spending and per-user revenue amplify financial signals for investors
Indian markets ended flat after early gains on optimism over an Indo-US trade deal and strong earnings, as profit-taking capped the rally despite IT stocks' rise
In H1FY26, HZ's revenue was flat Y-o-Y at Rs 16,300 crore, but both operating and net profit increased 3 per cent Y-o-Y to Rs 8,300 crore and Rs 4,900 crore, respectively
The i-banker has also been banned from taking any new mandate for IPOs, arrangements, or corporate advisory for two years
Out of nearly 9 million individual investors active in the equity derivatives segment, 2.1 million traded only in futures and options (F&O) during the period
Brokerages expect modest market gains as earnings stay weak, but Diwali stock picks point to brighter prospects for select consumer, lending, and capital goods firms
Fixed-income mutual funds witnessed a massive net outflow of Rs 1.02 lakh crore in September following modest redemptions of Rs 7,980 crore in the preceding month, primarily driven by large institutional withdrawals from liquid and money market funds. Out of 16 debt categories, 12 of them witnessed net outflows during the month under review. The major quantum of net outflows was witnessed by categories such as liquid, money market and ultra short duration funds. According to data with the Association of Mutual Funds in India (Amfi), debt mutual funds (MFs) witnessed an outflow of Rs 1.02 lakh crore in September, way higher than a net outflow of Rs 7,980 crore in the preceding month. In July, debt MFs saw a significant inflow of Rs 1.07 lakh crore. Nehal Meshram, Senior Analyst Manager Research, Morningstar Investment Research India, said the higher outflow in September was primarily led by "large institutional withdrawals from liquid and money market funds, reflecting quarter-end
South Korea and China drive emerging market fund gains, while India's weak equity performance weighs on returns; analysts say re-rating could be near
Promoters including Narayana Murthy and Nandan Nilekani won't take part in Infosys' Rs 18,000-crore buyback, the company's largest in a decade, citing prior intention
But log fresh 1-year highs in muhurat session
Experts believe there are more chances of a correction in the near term due to profit-booking, adding that the long-term bullish trend is intact
In Asia, the near-certainty of Sanae Takaichi becoming Japan's next prime minister briefly sent Tokyo's Nikkei to a record high and dented the yen
Avaada Electro, the solar manufacturing arm of the Brookfield-backed Avaada Group, has filed preliminary papers with markets regulator Sebi through a confidential route for raising Rs 9,000-10,000 crore through an Initial Public Offering (IPO), people familiar with the development said. With this, the company expects its valuation in the range of Rs 1.10 lakh to Rs 1.3 lakh crore, they added. The IPO is expected to comprise a mix of fresh issue and offer-for-sale (OFS) components by existing shareholders. Proceeds are likely to be utilised toward capacity expansion in high-efficiency solar cell and module manufacturing, including the development of a 5.1 GW integrated facility in Uttar Pradesh and capacity scale-up at its Butibori plant in Maharashtra, the people added. Avaada Electro is part of the Avaada Group, a diversified clean-energy conglomerate spanning solar PV manufacturing, renewable power generation, green hydrogen and derivatives, pumped hydro storage, battery storage,
India is rapidly emerging as a global hub for services exports with a compound annual growth rate of 14.8 per cent outpacing goods exports, which grew at 9.8 per cent, NSE officials said. The National Stock Exchange (NSE) highlights robust growth in the services sector, structural reforms, and demographic advantages driving the country's economic transformation. "India will be to services, what China has been to manufacturing. It is emerging as global hub for services exports," NSE Chief Economist Tirthankar Patnaik said. India's services exports have grown at a compound annual growth rate (CAGR) of 14.8 per cent over the past three decades, outpacing goods exports which grew at 9.8 per cent, the official, who made a presentation before a visiting media team from Jammu and Kashmir, said. With a 4.3 per cent share in global services exports, India now ranks 7th globally, led by telecom, IT, and business services that contribute nearly three-fourths of total service exports. Technolo