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Indian Banks Face Pressure to Borrow More...
Fitch Ratings reports that Indian banks may need to borrow more due to slowing deposit growth and a decline in low-cost deposits....
Equity Mutual Funds Show Strong Performance...
In September 2024, nearly half of equity mutual funds outperformed their benchmarks, with small-cap funds leading the pack. The assets...
Co-CEO Anirudha Taparia Leaves 360 One Amid...
Anirudha Taparia, co-CEO of 360 One, is leaving the company amid a booming wealth management market in India. He is exploring opportunities...
Indian Government Bond Yields Rise as Caution...
Indian government bond yields increased on Monday as cautious sentiment prevailed following comments from the RBI Governor about the...
RBI Sells 649 Billion Dollars in Spot Forex...
The Reserve Bank of India sold $6.49 billion in the spot forex market in August, shifting from a net purchase in July. The rupee weakened...
Softy Ice Cream Mix Classified as Non-Dairy...
The AAR has ruled that vanilla-flavored softy ice cream mix is not a dairy product and will incur an 18 percent GST. The ruling highlights...
State Bank of India Plans to Raise Rs 5000...
The State Bank of India is raising Rs 5,000 crore this week through the issuance of AT-I bonds, with a focus on enhancing its core...
Indian Rupee Continues Downward Trend Amid...
The Indian rupee is experiencing a downward trend, recently falling to a record low against the dollar due to geopolitical risks and...
Revenue Disparity Among Indian States Remains...
A report indicates persistent revenue disparities among Indian states, with some showing growth while others face contractions. The...
Finance Ministry Requests Expenditure Proposals...
The Finance Ministry has requested expenditure proposals for supplementary grants for 2024-25, with submissions due by early November....
Blockchain.com Executives Face Legal Action...
Executives at Blockchain.com face legal action for failing to submit financial accounts on time with co-founder Nicolas Cary and operations...
Tapioca Foundation Offers $1 Million Bounty...
The Tapioca Foundation has offered a $1 million bounty for the attacker responsible for stealing $4.7 million from its DeFi protocol....