Sensex, Nifty close marginally up in volatile trade

Benchmark indices Sensex and Nifty eked out gains in volatile trade to extend the winning streak to a third straight day on Tuesday amid weak trends in global markets as investors turned cautious......

How Adani Saga Affects Indian Banks

While the collapse of a large financial intermediary can wreak havoc on the system because of the interconnectivity, a large business conglomerate too can play spoilsport if the banks have too much......

Mehul Choksi: 'I want to clear my name'

'I was shocked by the kidnapping episode. I could have lost my life.' IMAGE: Mehul Choksi. Photograph: PTI Photo   Fugitive diamantaire Mehul Choksi claims he had planned to leave the country......

Why PEs may be better source of capital for banks

India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country. Recently, Reserve Bank of India’s (RBI’s) internal working......