'How do we protect interest of Indian investors', SC seeks Sebi's response on Hindenburg report

New Delhi (IANS) The Supreme Court on Friday observed that there is a need for a robust regulatory framework to protect the interest of the investors and if Centre agrees, a committee may be set up to suggest regulatory improvements.

The Supreme…

RBI's 25 bps rate hike to increase home loan EMI

Chennai (IANS) The 25 basis points (bps) hike in the repo rate by the Reserve Bank of India (RBI) will result in an additional equated monthly instalment (EMI) of Rs 16 per lakh, said a top official of Sundaram Home Finance.

The RBI on Wednesday…

Lower underwriting loss, higher investment income, GIC Re posts Rs 3,749 crore PAT

Chennai (IANS) Driven by higher investment income and lower underwriting loss and despite a lower premium, India's national reinsurer General Insurance Corporation of India (GIC Re) on Thursday said it closed the nine months, ended December 31,…

RBI hikes repo rate by 25 bps, inflation outlook mixed

Chennai (IANS) The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Wednesday hiked the repo rate by 25 basis points to 6.50 per cent.

Wednesday's MPC meeting is the last one for this fiscal.

The repo rate is…

One client will not affect Indian banking system: RBI Governor on Adani row

Chennai (IANS) An individual client -- Adani Group -- will not bring down the Indian banking system as the country's banking sector is resilient and strong, Reserve Bank of India (RBI) Governor Shaktikanta Das said.

Queried about the Indian…

With vote split, RBI's MPC might hike repo rate by 25 bps: Experts

Chennai (IANS) Will there be a convergence or divergence among the members of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on the 25 basis points (bps) policy rate hike, experts debate.

However, the experts believe…

Adani Ports Q3 net down at Rs 1,336.51 crore

Chennai (IANS) Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday said it closed the third quarter of FY23 with a lower net of Rs 1,336.51 crore.

The company is mulling loan repayment/prepayment of Rs 5,000 crore during next fiscal,…

Adani row: Limited risks for Indian banks, no impact on sovereign ratings, says Fitch Ratings

Chennai (IANS) Global credit rating agency Fitch Ratings on Tuesday said that Indian banks' exposure to the Adani group do not present any major risk to the banks' standalone credit profiles.

In a statement issued the credit rating…

ONGC in talks with ExxonMobil, Equinor for exploration technology sharing

Bengaluru (IANS) State-owned explorer Oil and Natural Gas Corporation Ltd (ONGC) is in talks with global majors like American oil and gas giant ExxonMobil and Norwegian energy multinational Equinor on technology sharing for revamping its exploration…

India's economy already 10% more energy efficient than G20 average: IEA

New Delhi (IANS) India's economy is already 10 per cent more energy efficient than both the global and G20 average. India took less time to go from half to full electricity access than other major economies, the International Energy Agency (IEA)…