Tag: Bank

Economists lower India inflation forecasts despite August uptick; GST reforms supportive

Economy
India's retail inflation edged up modestly in August, but economists and industry leaders believe the rise is temporary and unlikely to upset the country's broader price stability, partly due to recent GST reforms.Official data released...

STOXX 600 slips as French rating review looms; still ends week higher

Stocks
European shares ended the week on a strong note but were a little lower on Friday as investors turned cautious ahead of Fitch's credit rating decision on France later in the day. The pan-European STOXX...

PC Jeweller board approves plans to raise Rs 500 cr equity from Capital Ventures, promoter

Stocks
PC Jeweller Ltd's board has approved a plan to raise Rs 500 crore equity from promoters and Capital Ventures Pvt Ltd to prepay...

M-cap of 6 of top 10 most valued firms drops by Rs 70,325 crore; HDFC, ICICI Bank top drags

Stocks
The combined market valuation of six of the top-10 valued firms eroded by Rs 70,325.5 crore last week, with HDFC Bank and ICICI...

J.P.Morgan wary of stablecoin’s trillion-dollar growth bets, cuts them by half

Crypto
J.P.Morgan on Thursday forecast stablecoin growth will only reach $500 billion by 2028, calling trillion-dollar projections "far too optimistic", as there was little...

Ahead of Market: 10 things that will decide stock market action on Monday

Stocks
Equity benchmark indices Sensex and Nifty advanced for the fourth straight session on Friday, supported by buying in blue-chips ICICI Bank and Reliance...

Kuwait cracks down on cryptocurrency mining amid power crisis

Crypto
Kuwait has launched a crackdown on cryptocurrency miners it accuses of being a "major" cause of a power crisis that has led to...

China, Hong Kong stocks register second week of gains on tariff relief

Stocks
China and Hong Kong stocks edged up on Friday, registering their second consecutive weekly gains, as the U.S. and China both softened their...

Cryptocurrency campaigners call for Swiss central bank to hold bitcoin

Crypto
Cryptocurrency campaigners have stepped up calls for the Swiss National Bank to buy bitcoin, saying the global economic turmoil triggered by U.S. President...

Ahead of Market: 10 things that will decide stock market action on Thursday

Stocks
The Indian stock market extended its winning streak to a seventh session on Wednesday, lifted by IT and auto stocks amid signs of...

Ahead of Market: 10 things that will decide stock market action on Wednesday

Stocks
The Indian stock market ended higher on Tuesday, joining a global relief rally after U.S. President Donald Trump signaled more tariff exemptions, helping...

M-cap of nine of top-10 most valued firms slumps by Rs 3 lakh cr; TCS, RIL hit hard

Stocks
The combined market valuation of nine of the top-10 most valued firms eroded by Rs 2,94,170.16 crore in the holiday-shortened last week, with...

IndusInd Bank posts flat quarterly deposit growth amid accounting lapse

Stocks
IndusInd Bank's fourth-quarter loan growth dropped 5.2% and its deposit expansion remained flat from three months ago, the Indian private lender said on...

Mcap of 8 of top-10 most-valued firms climbs Rs 88,085.89 cr; HDFC Bank biggest gainer

Stocks
The combined market valuation of eight of the top-10 most-valued firms climbed Rs 88,085.89 crore last week, with HDFC Bank leading the pack...
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