Japan’s SMBC in talks with SBI for Yes Bank stake acquisition
Japanese financial conglomerate Sumitomo Mitsui Banking Corporation (SMBC) is back in the fray to acquire a controlling stake in Yes Bank. State Bank of India (SBI) has reopened talks with…
BluSmart crisis: Green mobility’s red flag is giving HNIs bond blues
Over the past year, multiple new-age fintech platforms facilitated the sale of nearly Rs 100 crore worth of BluSmart Mobility bonds to retail investors and high net-worth individuals (HNIs), who…
India’s Rupee (INR) Faces More Headwinds From Outlook for Weaker Yuan
While a weakening yuan will put competitive pressure on most Asian currencies given their trade links with China, the risk for the rupee has gone up. By one measure, the…
Stocks in news: Wipro, Angel One, Gensol Engineering, IndusInd Bank, IREDA, MGL
Domestic markets began the holiday-shortened week on a strong note, gaining over 2%, supported by positive global cues. In today’s trade, shares of Wipro, Angel One, Gensol Engineering, IndusInd Bank,…
RBI Monetary Policy Live: Repo Rate Cut By 25 Bps, MPC Changes Stance To Accommodative
The Reserve Bank of India’s decision to reduce the repo rate by 25 basis points comes at a crucial time and is expected to have a positive cascading effect across…
Stock market crash today: It’s a bloodbath! BSE Sensex plunges over 3,200 points, Nifty50 below 21,900 – top 5 reasons markets in free fall
Stock market crash today: It’s bloodbath on Monday! BSE Sensex and Nifty50, the Indian equity benchmark indices, crashed in trade on Monday. Both stock market indices plunged over 4%. At…
Global markets today: US stock market crashes; S&P 500 sheds $2.4 trillion as Trump’s tariffs stoke recession fears
US stock market slumped on Thursday, with the Wall Street benchmark indices ending with the largest single-day percentage losses since 2020, after US President Donald Trump’s sweeping trade tariffs stoked…
‘Aspire for 10% growth before chiding job creators’: Grover slams Goyal over remarks on startups
Ashneer Grover, former co-founder and managing director of BhartPe, on April 4 slammed Union minister Piyush Goyal and the government for “chiding today’s job creators”. The former Shark Tank judge…
Trump tariff hike hits Dalal Street: 4 sectors facing the biggest impact, global brokerages decode
The recent decision by the Trump administration to impose a blanket 26% tariff on imports from India has sent ripples across various industries. Reacting to the overnight news development, the…
‘Broke, not broken’: Byju Raveendran shares pic from younger days amid bankruptcy limbo
Ed-tech company Byju’s founder Byju Ravindran shared a photo from his younger days with a motivational caption on the social media platform X amid insolvency proceedings in the Supreme Court…