Latest News, Updates & Breaking Headlines
MUMBAI: A century-old law is holding back India’s efforts to recover bad loans. Asset reconstruction companies (ARCs) say a provision in the Indian Registration Act of 1908, which requires them to register every loan transfer with state registrars, persists despite the creation of a centralised digital alternative more than a decade ago.Each time an ARC…
MUMBAI: In an anticipated move, trustees of Sir Dorabji Tata Trust (SDTT) and Sir Ratan Tata Trust (SRTT) approved reappointment of trustee and vice-chairman Venu Srinivasan for life on Monday, setting aside recent differences over governance issues.The decision follows reappointment of trustee and chairman Noel Tata in Jan 2025, with no limits on his tenure….
KOLKATA: A comparatively cool summer has helped the state-run discom, West Bengal State Electricity Distribution Company Ltd (WBSEDCL), save between Rs 600 crore and Rs 700 crore through the season this year compared to the past three years.According to an official, the discom saved Rs 150 crore-200 crore in power purchases, having bought 500-700MW on…
MUMBAI: The country’s largest and second-largest private banks, HDFC Bank and ICICI Bank, continued to be cautious in expanding their personal loan books in Q2, particularly in the unsecured segment.HDFC Bank’s retail loans rose 7.4% year-on-year and 2.2% quarter-on-quarter to Rs 15,55,400 crore, MD & CEO Sashidhar Jagdishan said in the earnings call. He emphasised…
MUMBAI: It has been a cracker of a Diwali for retailers this year as GST rate cuts has boosted consumption, enabling the middle class to add more items to their shopping bags this festive season. From lab-grown diamonds to casual wear and products to adorn their homes, both mass and premium segments of the market…
Global brokerage Goldman Sachs has turned optimistic on Indian banking stocks, saying improving financial conditions, low earnings expectations, and attractive valuations position the sector for a strong comeback.As per ET, the firm expects the Nifty Bank index to outperform the broader market, projecting up to 30% upside for banks and non-banking financial companies (NBFCs). Easier…
The Indian economy has demonstrated resilience despite global uncertainty and weak external demand, supported by “strong and durable macroeconomic fundamentals,” according to the Reserve Bank of India’s (RBI) October bulletin released on Monday. The bulletin’s article on the ‘State of the Economy’ highlighted that India’s growth momentum continues, with signs of revival in urban demand…
The government has rolled out a new digital system for foreign nationals entering India. Beginning October 1, 2025, travellers can now submit an electronic arrival form instead of the traditional paper card. The initiative aims to simplify entry formalities, improve efficiency at airports, and enhance data accuracy. As per ET, the e-arrival card is part…
While Nifty and Sensex hovered largely flat between Diwali 2024 and Diwali 2025, a handful of small and midcap stocks delivered life-changing gains. Early investors in the right names saw returns of up to 10,000%, turning Rs 1 lakh into Rs 1 crore. Among these, ten stocks stood out, with RRP Semiconductor emerging as the…
From last Diwali to now, Gold has surged 64%, silver 85%, while Nifty 50 delivered only 6.5%, making it a clear win for precious metals. (AI image) The big question for investors on Diwali is what asset class should they bet on – gold or stocks? Gold and silver prices have been hitting new lifetime…
