Latest News, Updates & Breaking Headlines
Rotorua, New Zealand: India hopes to sign a free trade agreement (FTA) with New Zealand soon and the two countries are aiming to seal a pact which balances the interest of the two nations, commerce and industry minister Piyush Goyal said on Thursday.Goyal, who is leading a large delegation of businessmen on his four-day visit…
MUMBAI: Life Insurance Corporation of India (LIC) reported a 31.9% rise in net profit to Rs. 10,053 crore for the quarter ended Sept 30, 2025, compared with Rs. 7,621 crore in the same period last year, driven by higher premium income, stronger investment returns, and lower operating costs.Total income grew 4.4% to Rs. 2,39,614 crore…
MUMBAI: From a YouTube channel once to a public listing later this month, PhysicsWallah is set to launch India’s first IPO by a major ed-tech company in years. With low-priced courses and a strong social media community built over the years-thanks in parts to wide internet penetration and cheap data packs, the startup founded by…
MUMBAI: FM Nirmala Sitharaman on Thursday urged banks to ensure that customers can get service in branches while speaking in the local language and called upon lenders to tweak HR policies to give weightage to local language proficiency during appraisals.She asked banks to restore the human connect in customer service, insisting that technology must complement,…
The Institute of Chartered Accountants of India (ICAI) on Thursday presented its suggestions to a Parliamentary panel reviewing proposed changes to the Insolvency and Bankruptcy Code (IBC), aimed at strengthening and streamlining the insolvency resolution framework.The Select Committee of Parliament, headed by BJP MP Baijayant Panda, is examining the Insolvency and Bankruptcy Code (Amendment) Bill,…
The average long-term US mortgage rate rose slightly this week, snapping a four-week decline that had brought borrowing costs to their lowest level in over a year, AP reported.Mortgage buyer Freddie Mac said on Thursday that the average rate on a 30-year fixed mortgage ticked up to 6.22% from 6.17% a week earlier. A year…
Shares of State Bank of India (SBI) are witnessing renewed investor optimism following its strong September-quarter performance, prompting top brokerages to raise their price targets by as much as 20% over the next year.Analysts said the lender’s steady profit growth and improving asset quality have strengthened investor confidence, while derivatives data indicated fresh bullish positions…
TVS Motor Company on Thursday said it has entered into agreements to divest its stake in bike-taxi aggregator Rapido for Rs 287.93 crore, marking a monetisation of its earlier investment in the Bengaluru-based mobility platform, PTI reported.In an exchange filing, the two- and three-wheeler maker said it has signed agreements with Accel India VIII (Mauritius)…
Markets regulator Sebi has proposed a major revamp of the certification framework for securities market professionals, aiming to expand participation and upgrade skill standards in line with evolving market needs.In a consultation paper released on Thursday, Sebi suggested broadening the definition of “Associated Persons” to include not only those employed by intermediaries and regulated entities…
US stocks opened slightly lower on Thursday as investors assessed another round of corporate earnings reports in the absence of fresh government data due to the ongoing shutdown. The S&P 500 slipped 0.1%, the Dow Jones Industrial Average was flat, and the Nasdaq composite declined 0.2% in early trade, AP reported.Market sentiment was weighed down…
