
RBI to continue or hit the pause button on rate hike?
Chennai, Feb 5 (IANS) With the retail inflation down, if the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) pause on the policy rate hike or increase it by 25 basis points to...
Chennai, Feb 5 (IANS) With the retail inflation down, if the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) pause on the policy rate hike or increase it by 25 basis points to...
For the banking sector which is seeing an increased credit offtake in the recent times, is expecting more business due to increased allocation for capital investment and also inflow of cash...
Chennai, Feb 2 (IANS) The Adani Enterprises (NS:ADEL) Ltd -- the flagship company of the Adani Group -- on Thursday said it is withdrawing the Red Herring Prospectus (RHP) filed with the...
She added that there could be some fizzling out of pent-up demand in FY24 that is seen in the current fiscal and given the volatile geo-political situation, caution should be exercised on...
In a regulatory filing, the LIC said the credit rating of all of the Adani debt securities held by LIC are 'AA' and above which is in compliance with the IRDAI investment regulations as...
Chennai, Jan 30 (IANS) With healthy demand drivers for cement - urban housing, government's infrastructure and rural development thrust, the industry is expected to close FY23 with a...
Chennai, Jan 30 (IANS) If the lives of millions of marginalised farmers are better and their standard of living improves, India as a nation should be coasting easily towards the target of a...
With the credit offtake being good while deposit mobilisation lagging behind, the Centre may announce something to increase bank deposits, they added. "The banking sector -- government and...
Chennai, Jan 24 (IANS) Majority of the respondents of CARE Ratings (NS:CREI) pre-budget survey were of the view that the focus of the current NDA government's final full budget before the...
So much so, the Chennai-based conglomerate Murugappa group that had launched and closed production and sales of electric two-wheelers several years back -- through BSA Motors -- has...
Chennai, Jan 20 (IANS) Extension of the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India - II (FAME II) subsidy scheme, rationalisation of GST are some of the...
New Delhi/Chennai, Jan 12 (IANS) Retail inflation for December 2022 fell to a year's low of 5.72 per cent, mainly due to low food prices, especially those of fruits and vegetables. This is...
Chennai, Jan 11 (IANS) Maharashtra tops the overall ranking list prepared by credit rating agency CARE Ratings (NS:CREI) scoring high on social, financial inclusion, and fiscal...
New Delhi/Chennai, Jan 6 (IANS) The Indian economy is likely to grow at a rate of 7 per cent in the current fiscal, against the 8.7 per cent growth in 2021-22, the National Statistical...
The banks enjoyed arbitrage between the lending and deposit rates, higher credit demand, lower loan provisions (government-owned banks posted handsome profits) and others. The year also saw...
Chennai, Dec 27 (IANS) The credit offtake in India remained at elevated levels of 17.5 per cent year-on-year (YoY), reporting robust growth for the fortnight ended December 2, said credit...
The two exits -- small and the big ones -- were announced in quick succession. The Pune-based Poonawalla Fincorp (NS:POON) Ltd announced the proposed sale of its stakes in the housing...
Chennai, Dec 13 (IANS) With core inflation continuing to be high, credit rating agencies like Acuite Ratings & Research and CARE Ratings (NS:CREI) do not expect any significant downtrend in...
Chennai, Dec 13 (IANS) With core inflation continuing to be high, credit rating agencies like Acuite Ratings & Research and CARE Ratings (NS:CREI) do not expect any significant downtrend in...
Chennai, Dec 7 (IANS) The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Wednesday in a 5:1 decision increased the repo rate by 35 basis points (bps) to 6.25 per cent to...
Economic experts expect the MPC to hike the repo rate by 25-35 basis points (bps) with industry lobby body ASSOCHAM also urging the central bank to do the same. Further it will also be...
"We expect a 35 bps rate hike in the upcoming meeting. The Consumer Price Index (CPI) inflation is likely to moderate further in the coming months and slip below six per cent by the end of...
Chennai, Nov 29 (IANS) With the debt recoverable rate going down to 30.8 per cent or Rs 243,452.5 crore (lenders foregoing 70 per cent of their admitted claims of Rs 790,626.2 crore), the...
Chennai, Nov 29 (IANS) With the debt recoverable rate going down to 30.8 per cent or Rs 243,452.5 crore (lenders foregoing Rs 70 per cent of their admitted claims of Rs 790,626.2 crore) the...
The shares of Punjab National Bank (NS:PNBK) (PNB) climbed 9.44% on Friday’s early trades to reach a fresh 52-week high of ₹ 55.65. They took the winning run to the eighth straight...
The PSBs had lost market share to private banks and small finance banks during the first quarter of the current fiscal. This is a unique quirk where both PSBs and the private banks have...
However, the happy times for the government banks may not continue for much long as competition will soon emerge for deposits, and loans, which, in turn, would increase the cost of funds...
Chennai, Nov 14 (IANS) People living in Delhi enjoyed the lowest year-on-year inflation rate in the country at 2.99 per cent in October while those in Telangana suffered the highest at 8.82...
New Delhi/Chennai, Nov 14 (IANS) India's wholesale price inflation (WPI) in October fell to a 20-month low 8.39 per cent year-on-year, since March 2021. It was also less compared to 10.70...
Chennai, Nov 11 (IANS) The Index of Industrial Production (IIP) rose by 3.1 per cent to 133.5 in September, according to official data released by the Ministry of Statistics and Programme...
Chennai, Nov 11 (IANS) Expressing satisfaction at the 3.1 per cent growth in India's industrial production in September, experts also said the December monetary policy action by the central...
By Malvika Gurung Investing.com -- Coal India (NS:COAL): The top coal miner’s net profit in Q2 rallied 106% YoY to Rs 6,044 crore, led by a 28% rise in revenue, strong operating...
By Malvika Gurung Investing.com -- The domestic market made a higher closing on Friday, snapping two sessions of losses, with the equity benchmark indices ending the week with up to 2%...
Chennai, Oct 31 (IANS) With a healthy tax collection till date, the Indian government's gross tax revenue is expected to surpass the full year budgeted target, CARE Ratings (NS:CREI) Ltd...
A senior economist also said the headline inflation could be 7.5 per cent in December putting a spanner in the inflation projections of the central bank. The RBI's Monetary Policy Committee...
The RBI's Monetary Policy Committee (MPC) will meet on November 3 to discuss what it would tell the Centre as to why it was not able to restrain the inflation within four per cent + or - two...
Chennai, Oct 18 (IANS) The Indian non-life industry logged 15.3 per cent growth during the first half of FY23 as compared to 12.6 per cent growth for the same period previous year, CARE...
By Malvika Gurung Investing.com -- Shares of the machinery industry company TRF (NS:TTRO) hit an upper circuit of 5% on Tuesday and recorded a fresh 52-week high of Rs 340.55 apiece for the...
Chennai, Sep 15 (IANS) The shares of two Tata group companies have been on the upswing, touching new highs at the bourses.The two are non-banking finance company Tata Investment (NS:TINV)...
Mumbai, Aug 22 (IANS) Power Finance Corporation Ltd (NS:PWFC) raised Rs 3,000 crore through bonds maturing in 47 months at a coupon rate of 7.13 per cent, market participants have...
Chennai, July 12 (IANS) Even though the gross non-performing assets (GNPA) of scheduled commercial banks in India has hit a six year low of 5.9 per cent in FY22, it can improve further, said...
By Malvika Gurung Investing.com -- Hero MotoCorp (NS:HROM): The two-wheeler manufacturer has been permitted to manufacture and sell electric vehicles under the 'Hero' trademark by an...
By Malvika Gurung Investing.com -- Biocon: Subsidiary Biocon (NS:BION) Biologics has denied any allegations of bribery against its company and officials with the approval process of one of...
By Malvika Gurung Investing.com -- Shares of the debt-ridden telecom player Vodafone Idea (NS:VODA) surged 10.75% to Rs 11.85 apiece at 10:16 am, after opening strong on Wednesday. Post...
By Aditya Raghunath Investing.com -- Foreign institutional investors have been net sellers on Indian equities for April and May. It just makes logical sense to see where this all started...
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures), cryptocurrencies, and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn't bear any responsibility for any trading losses you might incur as a result of using this data. Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.