India’s public sector banks clocks 11 pc growth at Rs 236 lakh crore in April-Sep FY25

New Delhi (IANS) Public sector banks (PSBs) showed strong performance in the first half of current fiscal (FY25) with 11 per cent annual growth as their aggregate business stood at Rs 236.04 lakh crore in the April-September period, the government…

India's retail inflation rises to 6.21 pc in Oct as vegetables play spoilsport

New Delhi (IANS) India’s retail price inflation, based on the Consumer Price Index (CPI), rose to 6.21 per cent in October as higher prices of food items such as vegetables spiked during the month, figures released by the Ministry of Statistics on…

Share market recovers after early bumps, Asian Paints stock tanks 9 pc

Mumbai (IANS) The Indian stock market recovered after facing initial losses on Monday as selling was seen in PSU banks, financial services, pharma and FMCG sectors in early trade. Asian Paints shares dropped around 9 per cent after several brokerages…

SIP inflow hits Rs 25,000 crore for 1st time, equity fund inflows at record Rs 41,887 crore

Mumbai (IANS) The monthly systematic investment plan (SIP) inflow made a new all-time high in India at Rs 25,323 crore in October, from Rs 24,509 crore in September, according to the latest data from the Association of Mutual Funds in India (AMFI)…

India's steel exports clock double digit growth in October

New Delhi (IANS) India's steel exports recorded a double-digit growth of 11 per cent in October compared to the previous month, indicating an improved outlook for the sector, according to data compiled by the Ministry of Steel.   

While…

RIL mcap decreases by Rs 74,000 crore; SBI, TCS, Infosys biggest gainers

New Delhi (IANS) The Indian stock market witnessed a weak trend in the last week due to heavy selling in the largecaps. 

In the last week, the combined market cap of six of the top 10 most valued companies eroded by Rs 1.55 lakh crore.

Apple plans 1st-ever research subsidiary in India amid diversification push

New Delhi (IANS) Firming up its India presence as Apple diversifies its vast supply chain and research outside of China, the iPhone maker has set up a new research and development subsidiary in the country. 

The research and development facility…

Asian Paints posts huge 42.4 pc net profit drop at Rs 694 crore

New Delhi (IANS) Asian Paints Ltd on Saturday posted a huge 42.4 per cent drop in net profit at Rs 694.6 crore in the July-September period (Q2 FY25), from Rs 1,205.4 crore in the year-ago period. 

Revenue also decreased 5.3 per cent to Rs…

Indian stock market opens flat after US Fed rate cut

Mumbai (IANS) The Indian benchmark indices opened flat on Friday after the second consecutive rate cut by the US Fed, as selling was seen in auto, PSU bank, media, oil and gas sectors. 

Sensex was trading at 79,522.39 after slipping 19.40 points…

India’s financial conditions in comfort zone despite FPI outflows: Crisil

New Delhi (IANS) Domestic financial conditions in India are in the comfort zone despite foreign portfolio investor (FPI) outflows, according to a Crisil report on Friday. 

After record-high FPI inflows in September, October logged the highest…