Fitch Ratings on Monday said it expects a moderately worse sector outlook for Indian banks for the next fiscal beginning April 1 based on muted expectations for new business and revenue generation, and deteriorating asset quality. Fitch believes that the disproportionate shock to India's informal economy and small businesses, coupled with high unemployment and declining private consumption, have yet to fully manifest on bank balance sheets. The rating agency said the impact of the COVID-19 pandemic is likely to pose challenges to Indian banks' improving financial performance once asset-quality risks manifest in the financial year ending March 2022.
West Asia conflict triggers sharp sell-off in Indian markets, with realty, banking and auto stocks leading losses amid energy shock fears.
The rupee plunged to a fresh low of 93.72 against the dollar on Friday, falling 1.15 per cent in a single session - its sharpest one-day decline since February 24, 2022 - as elevated crude oil prices and strong dollar demand from oil-marketing companies and foreign portfolio investors (FPIs) weighed on the currency.
Indian stock market indices Sensex and Nifty experienced a significant decline, driven by rising crude oil prices, sustained foreign fund outflows, and selling pressure in major bank stocks.
Sri Lankan President Anura Kumara Dissanayake has announced an economic relief package to mitigate the impact of the West Asia conflict, including fuel price reductions and support from India for petrol and diesel supplies.
India's foreign exchange reserves decreased by USD 7.052 billion to USD 709.759 billion in the week ending March 13, according to the Reserve Bank of India (RBI). This decline follows a previous drop and comes after reserves reached an all-time high in February.
Punjab Kings, currently unbeaten, will rely on their strong batting lineup to maintain their winning streak against Lucknow Super Giants, who are concerned about Rishabh Pant's injury, in their upcoming IPL match.
Indian stock market benchmarks Sensex and Nifty rebounded by over 1% on Monday, driven by value-buying in banking stocks after a three-day slump. Key gainers included UltraTech Cement, HDFC Bank, and Mahindra & Mahindra.
koda Auto Volkswagen India aims to capture a 5 per cent share of India's passenger vehicle market by 2030, driven by new product launches, including alternate fuel vehicles, and a potential entry into the high-volume sub-4 metre SUV segment.
Opposition leaders have criticised Prime Minister Narendra Modi's address to the nation, calling it politically motivated and a misuse of official platforms during ongoing elections.
What lessons opposition parties need to learn post defeat of Mamata Banerjee in West Bengal elections? The election saw spectacular victor of BJP which rose from 3 seats in 2016 to 206 seats in 2026 assembly elections.
Industrialist Pawan Ruia has been arrested by the West Bengal Police in connection with a multi-crore fraud case involving shell companies and cryptocurrency-based money laundering.
'We want to become India's topmost integrated studio, working in different languages.'
Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.
The Indian government is integrating artificial intelligence into the Crime and Criminal Tracking Network & Systems (CCTNS) 2.0 to enhance crime tracking, criminal profiling, and predictive policing across the country.
For India, much is at stake: Crucial energy supplies traversing the Strait of Hormuz, the fate of its 10 million citizens living and working in West Asia -- who send generous remittances home -- and its major trade links with the region.
'It was diminishing even before Trump came to power.' 'The US was at the centre of the global economy. That position is going to become less and less important and less central.'
Analysts predict that the ongoing conflict in West Asia, crude oil price fluctuations, and the US Federal Reserve's interest rate decision will significantly influence the Indian equity market this week.
The Delhi Commission for Women has issued a notice to Indian Bank seeking withdrawal of its new recruitment guidelines which prevents a woman, who is three or more months pregnant, from joining service.
BJP state president Rajeev Chandrasekhar, contesting from Nemom, Kerala, declares assets exceeding 93 crore, including movable and immovable properties, ahead of the upcoming Assembly elections.
Tim David discusses the challenges of being a finisher in T20 cricket and how he manages pressure in the IPL. He credits the top-order batsmen for making his job easier and emphasises the importance of practice and adapting to different bowling styles, particularly spin.
R. Vaishali, the newly-crowned Candidates champion, exemplifies quiet intensity and strong values, nurtured by a supportive family, as she prepares for the World Championship showdown against Ju Wenjun.
On Saturday, it was reported that a drone strike had targeted the Fujairah Port in the UAE, triggering a fire.
India's foreign exchange reserves have surged to an all-time high, reaching USD 728.494 billion, according to the Reserve Bank of India. This increase is attributed to a rise in foreign currency assets and gold reserves.
The BJP-led government in Bihar secured a vote of confidence in the state assembly, with Chief Minister Samrat Choudhary pledging economic development and significant investments. The motion was passed amidst heated debates and accusations between the ruling NDA and the opposition, highlighting political tensions and differing views on issues like women's reservation.
A foreign brokerage warns that sustained crude oil prices above USD 100 per barrel could push India's inflation above the RBI's tolerance level, potentially triggering interest rate hikes.
The benchmark BSE Sensex's trailing 12-month price-to-earnings (P/E) multiple has declined to 20.2x, its lowest since May 2020, driven by a record $42 billion FPI selloff since September 2024 and concerns over corporate earnings and economic growth.
Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.
The country's largest lender State Bank of India on Wednesday announced the completion of the divestment of about 13.18 per cent stake in Yes Bank to Sumitomo Mitsui Banking Corporation of Japan for Rs 8,888.97 crore. State Bank of India (SBI) has received Rs 8,888.97 crore from the acquirer Sumitomo Mitsui Banking Corporation (SMBC), a Japanese multinational financial services company belonging to the Sumitomo Mitsui Financial Group (SMFG), the bank said in a regulatory filing.
A memorial has been erected in Pahalgam to honour the victims of a terror attack last year. Security has been increased across Kashmir ahead of the anniversary.
'Existing investors who have not acted so far may consider holding on to these funds with the understanding that the higher returns they expected from them may now take longer to materialise.'
An Indian-origin couple in the UK has been sentenced for breaching a disqualification order, operating companies despite a ban imposed after tax fraud claims.
'In investing, poor sentiment is always a good vintage to build a portfolio.'
India's new manufacturing project announcements more than halved in the fourth quarter of FY26, falling 60 per cent sequentially and 78 per cent year-on-year to approximately 1.7 trillion, driven by global uncertainties, geopolitical conflicts in West Asia, and existing unutilised manufacturing capacity.
The Dhurandhar movies will undoubtedly shape the minds of the audience much more than news reports, court investigations, books and documentaries. But it is worth remembering that Pakistan's irridentist claims against India's national security have succeeded due to strategic planning, diplomacy, and the unsung heroines and heroes across government agencies, not due to a single maverick leader, points out Shweta Desai.But it is worth to remember that Pakistan's irredentist claims against India's national security have succeeded due to strategic planning, diplomacy, and the unsung heroines and heroes across government agencies -- not a single maverick, points out Shweta Desai.
Ravindra Metkar, a farmer from Maharashtra who built a successful poultry business from humble beginnings, has been invited to speak at the University of Oxford's Global Research Conference.
Goldman Sachs has materially lowered its earnings growth forecast for Indian companies by a cumulative 9 percentage points over the next two years.
The contraction in total reserves was driven by a fall in gold reserves, which dropped $13.49 billion to $117.19 billion during the reported week.
Two chartered accountants have been arrested by the Enforcement Directorate in connection with a money laundering case linked to a cyber fraud involving Rs 641 crore.
A special court in Mumbai has dropped corruption charges against Guruashish Construction and its directors in a multi-crore cheating case after the CBI found no public servants involved in the alleged graft.
