Banking
Axis Bank Q3 results: Net profit drops 36% to ₹1,117 crore, NII rises 14%
Axis Bank reported a 36 percent year-on-year drop in net profit to ₹1,116.6 crore for the quarter ended 31 December.…
Banking
Business
Sebi might cut down on minimum application size for IPOs
The Security Exchange Board of India (SEBI) is considering decreasing the minimum application size for IPOs to help provide higher…
Markets
Sensex down about 2,400 points in 4 days: Check updates
Indian stock market index Sensex today fell over 900 points, extending its losses to the fourth day. The Nifty tumbled…
Companies
Stove Kraft IPO subscribed 2 times, retail portion booked 11 times on day 2
The public issue of Stove Kraft, one of the biggest Kitchen apparatus providers in India, has been subscribed 2 times…
Markets
Power Grid files for $1.1 billion InvIT IPO
Electricity transmission company Power Grid Corp. of India Ltd plans to file a draft prospectus for a $1 billion infrastructure…
Economy
India’s economic recovery will be stronger than previously expected: Economists
With fiscal expansion and vaccine hopes, India’s path to economic recovery will be stronger than previously thought. Second most populous…
Economy
Effects of the Union Budget on the economy
The Union Budget impacts the interest rates, stock market and the economy. Investment and expenditures in the budget affects the…
Markets
Sensex plunges 600 points, Nifty below 14,100; Axis Bank, RIL top losers
Indian equities traded with profound cuts in intra-day exchange on January 27, following weak global cues. Sensex opened lower, following…
Economy
What is halwa ceremony in Budget?
The halwa ceremony is one such ceremony what we conduct to mark the beginning of a new venture. The halwa…
Economy
IMF revises India’s growth forecast as GDP shrinks 8% sharply
The International Monetary Fund has pegged contraction in India’s economy at eight percent in the current financial year. However, it…
Economy
Overseas investment in Indian companies falls 42% to $1.45 billion in December: RBI data
Overseas Investment by Indian firms dropped down by over 42 percent to $1.45 billion in December 2020, according to Reserve…
Economy
In crackdown on fake GST invoices, 258 arrested since November
More than 2,500 cases have been registered since mid-November as a part of the government’s crackdown on fake goods and…