SBI Cards reported a 10% increase in its net profit to ₹445 crore for the second quarter of 2025, driven by robust credit card spending and sustained growth in its loan portfolio. The company continues to capitalize on rising consumer demand and digital payment adoption in India. SBI Cards reports a 10% rise in Q2…
Thyrocare promoter has sold a 10% stake in the company for ₹667 crore in a significant transaction. The deal marks a strategic stake reduction amid evolving market dynamics in the diagnostic services sector. Thyrocare promoter sells 10% stake for ₹667 crore, marking a strategic move in India’s diagnostic services sector amid growing market interest. Mumbai,…
The Securities and Exchange Board of India (SEBI) has imposed bans on 13 entities as part of its intensified efforts to strengthen market integrity and protect investor interests. The regulatory authority cited violations related to market manipulation and non-compliance with securities laws. SEBI bans 13 entities for market manipulation and regulatory violations, reinforcing compliance and…
A US-based investment fund has acquired a $400 million stake in Ace, a leading Indian insurance brokerage firm. This significant investment aims to support Ace’s expansion and enhance its service offerings in the growing Indian insurance market. US fund invests $400 million in Indian insurance broker Ace, boosting expansion and growth in India’s insurance sector….
US and China trade delegations have initiated high-stakes negotiations in Kuala Lumpur to resolve ongoing trade disputes. The talks come as the US threatens to impose a 155% tariff on Chinese imports, intensifying the pressure to reach an agreement. US and China have started trade talks in Kuala Lumpur amid a US threat of a…
The Financial Action Task Force (FATF) has issued a warning to Pakistan, emphasizing that its removal from the greylist does not exempt it from ongoing scrutiny regarding terror financing. FATF highlighted that Pakistan remains vulnerable to terrorist funding risks and must continue robust countermeasures. FATF warns Pakistan that its exit from the greylist does not…
Canada has agreed to halt its anti-tariff commercial campaign aimed at the United States in an effort to resume trade negotiations. Former US President Donald Trump reportedly expressed displeasure over the advertisement, prompting Canadian officials to seek a more constructive dialogue. Canada pauses anti-tariff ad aimed at US to resume trade talks after former President…
Banks across several Indian states will observe a holiday on October 27, 2025, in observance of Chhath Puja. This article provides a detailed state-wise list of bank closures to help customers plan their banking activities accordingly. Check the state-wise list of bank holidays on Chhath Puja 2025. Know which states will have bank closures on…
Silver prices have dropped 17% following a recent record high, driven by shifts in market sentiment, global economic indicators, and investor behaviour. This article examines the main causes behind the white metal’s sharp correction and its implications for global markets. Silver prices fell 17% after hitting a record high due to economic shifts, investor profit-taking,…
Soaring gold prices have prompted more consumers in India to exchange their old gold jewelry instead of buying new pieces. This trend is influenced by economic factors and offers financial advantages amid costly new gold jewelry prices. Rising gold prices in India lead more consumers to exchange old gold jewelry instead of buying new, offering…
