Gold loans jump 94% y-o-y, fuel bank credit growth in Q1
MUMBAI: Gold loans drove a sharp acceleration in personal lending and overall bank credit, with the segment expanding 93.8% year…
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Sebi bars Zee’s Chandra, Goenka from market for 1 year
MUMBAI: Markets regulator Sebi has banned Zee group’s Subhash Chandra and Punit Goenka from the market for one year for…
Zepto to delay IPO by 2-3 qtrs, CEO tells staff
MUMBAI: Zepto will defer its public listing by two to three quarters, co-founder & CEO Aadit Palicha told employees in…
India among best markets globally: Cook
NEW DELHI: Apple posted a record June quarter in India, with CEO Tim Cook identifying the country among its best-performing…
‘Domestic funds own over 20% of Indian companies, FPIs 17%’
MUMBAI: Domestic funds now own a record 21% of India Inc’s biggest companies, while foreign funds, that have been selling…
Cybercriminals widen net as assessees rush to meet I-T return filing deadline
BENGALURU: Cybercriminals are exploiting the income-tax return (ITR) filing season by sending fake income tax department notices over WhatsApp and…
Bloomberg delays India’s bond index inclusion
MUMBAI: Bloomberg Index Services has delayed the inclusion of India’s sovereign bonds in its global bond indices, saying recent market…
Shareholders approve issue of warrants to promoter group entity
MUMBAI: Zee has won shareholder approval to issue convertible warrants to its promoters, clearing the 75% threshold required under Indian…
GST rate cuts slow down Q1 tax collection growth
NEW DELHI: Centre’s fiscal deficit hovered around 18% of the full year’s estimate at the end of the first quarter,…
Moody’s assigns Baa2 rating to RBL Bank, 1st for lender
MUMBAI: RBL Bank has secured a credit rating above India’s sovereign rating with Moody’s assigning the lender a first-time Baa2…