News
India's forex reserves jumps $12.42 billion to all-time high of $729.3 billion
Value of gold reserves increased USD 2.801 billion to USD 114.218 billion during the week. The special drawing rights (SDRs) were up by USD 112…
Stocks drop as Warsh fans US rate hike bets, crude up on US-Iran strikes
All three main indexes on Wall Street fell Friday. Yields on short-term US Treasury bonds -- which reflect monetary policy expectations -- jumped, and the…
Short-term rates ease as banks see surge in dollar deposits
Large banks secured significant dollar deposits, easing short-term borrowing costs for smaller institutions. This influx of funds has boosted banking system liquidity considerably in recent…
Death toll from Nepal floods exceeds 700 as overnight rain impedes rescue efforts
Rescuers near the Tibet border port that was hit by a deadly mudslide were “moved to a safe location” after a new lake was formed…
Former Accountant Faces Century of Restitution Payments After Draining $472,896 From Utah Employer
A 25-year-old former accountant received a 99-year restitution order after pleading guilty to embezzling over $472,000 from her employer via unauthorized transfers. The post Former…
SBI, SBI Capital Markets to dilute up to 1% stake in NSE via public offer
State Bank of India (SBI) and its subsidiary SBI Capital Markets Ltd together plan to dilute up to 1 per cent stake in the National…
Is Mastercard Incorporated Stock Underperforming the S&P 500?
While Mastercard Incorporated has lagged behind the S&P 500 Index over the past year, analysts are bullish about the stock’s prospects.
PM Modi calls for drug-free youth, stronger India in monthly 'Mann ki baat'
Prime Minister Narendra Modi on Sunday appealed to citizens to join hands to free India from the menace of drug abuse, and build a stronger…
GDP data, crude oil prices key factors to drive markets this week: Analysts
Analysts said that macroeconomic data, auto sales, and foreign investor trading activity will influence future market movement
GDP data, crude oil prices likely to drive stock markets in week ahead
Trading sentiment in the stock market this week will be largely guided by the domestic GDP data announcement, crude oil prices, and the US non-farm…
HDFC Bank CEO search tests investor confidence, governance
The new CEO will have to assure investors that the bank’s governance systems are robust, with the focus squarely on growing the business at a…
Weekly economy wrap: Forex reserves at record high as monsoon risk persists
Record forex reserves and stronger credit flows provided support, but uneven monsoon rains, food-price interventions and external risks kept policymakers on alert