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US verdict has strengthened faith in rule of law, says Adani

New Delhi, Aug. 12 -- A day after the favourable US verdict, Gautam Adani, Chairman, Adani Group, said the entire episode had strengthened his conviction that enduring confidence is earned by honourin... Read More


Markets open flat as crude stays near $90, inflation data in focus

New Delhi, Aug. 12 -- Equity benchmarks opened nearly flat on Wednesday after a muted start, with the Nifty 50 opening at 24,472.45 and trading at 24,451.95, down 19.75 points or 0.08 per cent, agains... Read More


Credit Bureau in India: How Credit Bureaus Work and Why They Matter

India, Aug. 12 -- A credit bureau plays an important role in the lending ecosystem. It collects and maintains information about your loans, credit cards and repayment history and uses this information... Read More


Delta Corp slips on reporting dismal Q1 performance

Mumbai, Aug. 12 -- Revenue from operations declined 8.48% YoY to Rs 168.55 crore from Rs 184.17 crore. The company reported profit before exceptional items and tax of Rs 27.74 crore in Q1 FY27, compa... Read More


Bank Of America To Buy 49.9% Stake In Jio Financial Services' NBFC Arm For $1.9 Bn

India, Aug. 12 -- Bank of America's wholly-owned subsidiary NB Holdings Corporation has signed a definitive joint venture (JV) agreement with Jio Financial Services (JFS) to invest up to Rs.18,268.2 C... Read More


Indonesia to gradually restrict Pertalite for top income groups

Jakarta, Aug. 12 -- Finance Minister Purbaya Yudhi Sadewa said the policy to restrict purchases of subsidized fuel, particularly Pertalite, is aimed at ensuring that fuel subsidies reach their intende... Read More


The great mutual fund face-off: Who wins in index funds vs the rest

New Delhi, Aug. 12 -- Choosing a mutual fund has never been easier. Choosing the right one, however, is a different story. You have access to hundreds of schemes across dozens of categories. Each mut... Read More


Cash transfers for women: Do direct benefits really improve household welfare - Experts explain

New Delhi, Aug. 12 -- Chief Minister Rekha Gupta-led Delhi government launched the Delhi Lakshmi Yojana, or the Mahila Samriddhi Yojana, on 1 August, providing Rs.2,500 per month to eligible women res... Read More


Bata India rises after recording 23% YoY increase in Q1 PAT

Mumbai, Aug. 12 -- Total operating expenditure increased by 3.6% to Rs 774.98 crore in Q1 FY27 over Q1 FY26, primarily due to higher finished goods purchases (up 12.2% YoY) and higher other expenses (... Read More


अंबानी की कंपनी में बैंक ऑफ अमेरिका का दांव, Rs.18268 करोड़ में की डील

नई दिल्ली, अगस्त 12 -- मुकेश अंबानी की जियो फाइनेंशियल सर्विसेज ने बैंक ऑफ अमेरिका के साथ एक बड़ी डील की है। इसके तहत बैंक ऑफ अमेरिका जियो फाइनेंशियल की कर्ज देने वाली कंपनी जियो क्रेडिट में 49.9 प्रत... Read More