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Fairfax wins nod to acquire IDBI Bank, but faces challenge of shifting its public-sector culture

New Delhi, Oct. 16 -- Fairfax Financial Holdings has cleared the government's hurdle to acquire IDBI Bank, but its bigger test lies inside the lender, where unions are already pushing back and the cul... Read More


Want Green Card? US Court orders reopening of 2027 lottery for 55,000 applicants

New Delhi, Oct. 16 -- A US federal court has directed the government to reopen registration for the 2027 Diversity Visa lottery, which offers a pathway to permanent residency, or Green Cards, to eligi... Read More


HDFC, ICICI Bank Q2 earnings preview: deposit surge, margin pressure in focus

Mumbai, Oct. 16 -- HDFC Bank and ICICI Bank, India's two largest private sector banks, are likely to face a similar challenge in the September quarter - sustaining loan growth without sacrificing marg... Read More


Dividend champions of auto ancillaries: Majestic Auto, PTL, or Banco Products - Who drives home the highest yield?

New Delhi, Oct. 16 -- Dividend champion of auto ancillaries: Majestic Auto, PTL Enterprises, and Honda India Power are some of the key auto ancillary companies with attractive dividend yield. For inve... Read More


800 million jobs at risk over 15 years? World Bank's Ajay Banga calls for global financing overhaul

New Delhi, Oct. 16 -- World Bank President Ajay Banga has warned of a projected shortfall of nearly 800 million jobs over the next 10 to 15 years, calling for a shift in global development financing t... Read More


Battered Indian IT stocks rally as AI fears ease and global tech sells off

Bengaluru, Oct. 16 -- India's beaten-down information technology (IT) stocks are rebounding as fears that artificial intelligence (AI) will disrupt traditional tech services ease and investors rotate ... Read More


Nifty, Sensex investors alert! US bond yields remain above 5% - 5 ways this could impact your investments, portfolio

US Bond Yield Rise, Oct. 16 -- The sharp reversal in US Treasury yields has drawn attention to the outlook for global financial markets, with implications for capital flows, currencies, borrowing cost... Read More


Worst over for IT stocks? Experts analyse Q2 results of TCS, HCL, Tech Mahindra and others, suggest top picks

New Delhi, Oct. 16 -- IT stocks have been on a roll over the last few sessions boosted by better-than-expected Q2 results and selloff in AI stocks globally as investors shift their focus from hype to ... Read More


Ray Dalio's All Weather portfolio vs 60:40 portfolio: Which delivered better returns over 15 years in India?

New Delhi, Oct. 16 -- Indian investors looking to reduce stock market risk face a familiar dilemma. Portfolios heavily invested in equities can generate strong long-term returns, but sharp market corr... Read More


CJP founder Abhijeet Dipke detained ahead of 'Lehra Do Tiranga' protest against CEC Gyanesh Kumar in Delhi

New Delhi, Oct. 16 -- The Cockroach Janta Party (CJP) leader Abhijeet Dipke has been taken into preventative detention by Delhi Police. The latest update arrives ahead of the CJP-called 'Lehra Do Tira... Read More