Treasury gains helped ICICI Bank post a nearly 10 per cent increase in the consolidated net profit for the April-June quarter at Rs 11,696 crore on Saturday. Growth in the core income slowed for the country's second largest private sector lender, but the treasury operations helped it report a 14.62 per cent rise in its post-tax profit at Rs 11,059 crore on a standalone basis. The core net interest income (NII) growth came at a multi quarter low of 7.3 per cent to Rs 19,553 crore for the reporting quarter.
At the heart of Paytm's slide lies the abject failure of its Super App strategy, notes Indrajit Gupta.
Are you a first-time IPO investor? Even if IPOs appear attractive with expectations of high returns, they come with risks and complexities, cautions Sheetal Jhaveri and shares her checklist to help you navigate through the world of IPOs
Join Rajeev Mahajan, Founder Director & CEO, Antworks Money, for an online chat at 2 pm, Thursday, January 25
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
rediffGURU Sushil Sukhwani underlines the factors you need to consider before you make the decision to study outside India.
Senior Aam Aadmi Party leader Manish Sisodia walked out of Tihar Jail after 17 months behind bars on Friday and said he got bail due to the power of the Constitution and democracy, and this same power will ensure the release of Delhi Chief Minister Arvind Kejriwal.
If you have answers to these, you need not worry about Britain's exit from the European Union, Raghuram Rajan's exit from the Reserve Bank of India or Narendra Modi's chances of re-election in 2019; your financial future will be safe, says P V Subramanyam
Rediff.com spoke to registered investment advisors to figure out how best the extra Rs 17,500 saved ever year can be invested to create a decent corpus in the years ahead. This is what they said.
Your awareness about the effect of the home loan tenure and EMI on your loan empowers you to take better decisions, explains Gaurav Mohta.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
We need not spend much time going over what this government has done and is doing to the Opposition, by misusing the Enforcement Directorate and the CBI. There is a daily update on that, notes Aakar Patel.
A trip with a new date can be a medley of emotions; it is highly thrilling and, at the same time, surprisingly nerve-wracking. But with these tips in mind, you can aim to have the most memorable holiday together, notes rediffGURU Ravi Mittal, CEO, Quack Quack, an online dating app.
Taxpayers with old, outstanding taxes will benefit from the CBDT's new scheme.
Banerjee said her microphone was stopped after five minutes, while other chief ministers were allowed to speak for longer durations.
'Now the political boss decides, and the ED acts.'
'Generating employment requires a shift in policy.' 'If not, the country will face economic, social and political challenges in the coming years.'
Are you ready to take control of your financial future? Ramalingam Kalirajan offers a step-by-step guide to calculate exactly how much money you will need when you enter your golden years.
Gold is an excellent asset class for diversification and should be included in all long-term portfolios.
Why is the RBI harsh on Paytm Payments Bank? Why did it give Rana Kapoor of Yes Bank Ltd such a long rope?Often, it's a long investigation process, but the RBI doesn't discuss this openly since that can threaten financial sector stability, explains Tamal Bandyopadhyay.
The dealers operating in the space have jumped nearly three times over the past two years.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
RediffGURU Mihir Tanna broadly lists the ITRs to be filled by individuals having income from salary, house property, capital gain, business and other sources.
This is a good opportunity for long-term investors to pick quality small and midcap stocks at reasonable valuations.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
rediffGURU Chandu Nair advises entrepreneurs and enterprises about how to create and build their business.
RBI Governor Shaktikanta Das on Thursday said the central bank does not "emulate" others when it comes to regulations and asserted that the bank's as well as his own opposition to cryptocurrencies remain unchanged, a day after US regulators allowed bitcoin Exchange Traded Funds (ETFs). He also said that emerging markets and the world cannot afford to have a "crypto mania". "What is good for another market need not be good for us.
The Governor and the ruling LDF in the state have been at loggerheads since the Supreme Court verdict quashing the reappointment of Gopinath Ravindran as VC of Kannur University and berating the Left government for its "unwarranted intervention" in the matter.
'Somebody was using somebody to make statements that will stir the stock market and lead to a surge.' 'A sudden surge and a sudden crash is always an ideal situation for people to make illicit gains and then siphoning off the money.'
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
To offer additional support at the low end of the income ranges, the Centre will consider a large-scale jump in exemption rates under the old income-tax regime in the vote on account, or interim Budget, according to a senior official in the know. Those will include an extension of the income tax exemption rates close to Rs 7 lakh and additional measures for women farmers.
FMPs remain an option for investors who believe interest rates could head downward over time and wish to lock in the current rates. TMFs have very low expense ratios, which makes them cost-efficient.
'For me, if I want to buy a house to stay, I don't care about indexation because I don't want to sell that house.' 'The only thing that matters to me as a buyer is that the home price should be within my reach.' 'Any market, when speculators and investors go out, it will benefit the middle class.'
ECL Finance Company MD and three officials were on Tuesday quizzed for nearly eight hours by the Raigad police in Maharashtra probing the alleged suicide of film art director Nitin Desai, an official said.
There is a view that heavyweight portfolios like home, finance, defence and external affairs besides education and culture, two ministries with strong ideological hues, will be kept by the BJP, while its allies can get anywhere between five to eight cabinet berths.
You are already a superwoman! Now add another feather to your cap by driving your own financial planning.
Startup founders need to sit up and think about how not to take stardom for granted and how not to disappoint their fans who have stood in long queues for those precious selfies with popular entrepreneurs, notes Nivedita Mookerji.
India has also taken note of reports of Saeed's son Talha contesting elections in Pakistan and said the "mainstreaming" of radical terror outfits in the neighbouring country is nothing new and that it has been part of its State policy for a long time.