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Mumbai Ring Road project gets $2.5 billion funding commitments

Economy
India’s Maharashtra state has obtained 215 billion rupees ($2.5 billion) worth of funding commitments from lenders for a road project near Mumbai, according...

bank stocks: Bank stocks rally up to 2% after RBI cuts CRR to 4%

Stocks
Bank stocks rallied up to 2% on Friday after the Reserve Bank of India (RBI) slashed the cash reserve ratio (CRR) by 50...

PSU stocks surge up to 11% as Maharashtra election results boost market sentiment

Stocks
PSU stocks saw a strong rally in Monday's intraday trade following the BJP-led Mahayuti alliance's resounding victory in the Maharashtra Assembly elections. Shares...

UCO Bank plans to raise Rs 2,000 crore via QIP in Q3

Business
NEW DELHI, State-owned UCO Bank on Saturday said it is planning to raise up to Rs 2,000 crore through share sale...

PSU Banks to likely reverse 3-month’s underperformance in October. 2 reasons why

Stocks
PSU Banks have had a tough run on the Street over the July-September quarter plunging by up to 12% in this period. At...

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