Bandhan Financial Services will reduce its stake in Bandhan Bank gradually. The promoter aims to comply with RBI regulations by 2030. Recent share sales occurred on the open market, lowering holdings. A proposed stock split will divide shares to attract…
Read More
Bond yields for Indian government securities showed little fluctuation as markets brace for ongoing liquidity withdrawals. Specifically, the yield for the benchmark 2036 bond settled at about 7.05% during early trading on Tuesday. With retail inflation rising to 4.82% in…
Read More
India–New Zealand FTA takes effect October 20, giving Indian goods duty-free access while expanding opportunities in exports, investment, services and mobility.
Read More
The rupee gained thirteen paise against the US dollar in early trade. This appreciation was supported by falling crude oil prices and positive domestic market sentiment. Forex traders noted Brent crude retreating from elevated levels due to easing supply concerns.…
Read More
HDFC Bank shares rose to a nearly seven-week high of Rs 749.30, extending gains to 5% over three sessions, after ET reported that the RBI is weighing Anup Bagchi’s candidature for the bank’s CEO and MD post and has sought…
Read More
State governments are targeting a combination of fiscal consolidation and higher capital spending in FY27, with capital outlay across 19 states expected to grow 16.4 per cent year-on-year, faster than the 9.2 per cent rise in revenue expenditure excluding interest,…
Read More