4:10 PM
Blogger
The World Bank has approved $700 million in fresh financing for Pakistan to bolster macroeconomic stability and enhance public service delivery. This funding, part of a larger $1.35 billion program, will support federal initiatives and a provincial project in Sindh, signaling continued multilateral support despite governance concerns.
9:10 AM
Blogger
The Reserve Bank of India's central board has approved a shift to a risk-based pricing system for deposit insurance, moving away from the current uniform premium. This reform will allow better-rated banks to pay lower premiums, while weaker institutions will face higher charges, reflecting their financial strength.
3:10 AM
Blogger
Enforcement Directorate questioned Anil Ambani's son, Jai Anmol, for over seven hours in a Yes Bank money laundering probe. He's summoned again Saturday to clarify transactions. The ED alleges a quid-pro-quo between Ambani's group and Yes Bank promoter Rana Kapoor, leading to substantial losses for the bank due to significant exposure to Ambani's companies.
12:10 PM
Blogger
Asian markets rallied Friday, buoyed by easing US inflation data and strong chipmaker Micron earnings, sparking hopes of interest rate cuts. Despite some analysts cautioning about data distortions, Wall Street reacted positively. Japan's Nikkei surged as the Bank of Japan is expected to hike rates, potentially strengthening the yen against a weakening dollar.
11:10 AM
Blogger
The Bank of Japan hiked interest rates to a 30-year high of 0.75 percent on Friday, the first increase since January, as it said the economy had shown signs of improvement. However, with worries about the global outlook and US tariffs growing, it paused at the start of 2025, with the last increase in January taking rates to their highest level in 17 years.
8:10 AM
Blogger
Japan's inflation rate held steady in November, official data showed Friday ahead of the Bank of Japan's monetary policy decision which could see central bankers raise interest rates to their highest level in 30 years. Since taking office, however, she has said monetary policy decisions should be left to the Bank of Japan (BoJ).
11:10 AM
Blogger
The Indian rupee is showing a tentative recovery against the US dollar, climbing after hitting historic lows earlier this week. Aggressive intervention by the Reserve Bank of India is credited with this rebound, as the central bank sold dollars to curb depreciation.
8:10 AM
Blogger
The Indian rupee halted its five-day decline, gaining 55 paise to close at 90.38 against the US dollar. This recovery is attributed to suspected aggressive intervention by the Reserve Bank of India, which sold dollars to support the currency. The rupee's earlier slide was driven by external factors like trade deficits and investment outflows.
5:10 PM
Blogger
11:10 AM
Blogger
The Indian Rupee hit a record low of 91.07 against the US dollar on Wednesday, pressured by portfolio outflows and stalled trade talks. The Reserve Bank of India intervened to support the currency, which rebounded to around 90.25. This marks the fourth consecutive session of record lows, with the rupee down nearly 1% in five sessions and about 6% year-to-date.
7:10 AM
Blogger
8:10 PM
Blogger
The Reserve Bank of India has approved HDFC Bank to acquire up to 9.5% stake in IndusInd Bank, primarily for portfolio investments by its group companies. This approval, valid for one year, allows aggregate holdings by mutual fund and insurance arms without conferring board representation or control.
7:10 PM
Blogger
6:10 PM
Blogger
The Reserve Bank of India is enhancing credit reporting, moving from monthly to 15-day updates and proposing weekly reporting by July 2026. This aims to accelerate the reflection of good borrower behavior, improve fraud detection, and provide a more accurate, near real-time credit profile for consumers.
10:10 AM
Blogger
Stock market recommendations: Mirae Asset Sharekhan's Somil Mehta suggests buying Union Bank of India, UPL, and Britannia Industries today, December 16, 2025. These stocks are poised for an uptrend, showing positive momentum and consolidating near key moving averages.
12:10 PM
Blogger
Stock market recommendations: SBI Securities' Sudeep Shah highlights BHEL and Ashok Leyland as top stock picks. Nifty shows resilience, consolidating near all-time highs, with support at 25,700. Bank Nifty, however, lags, trading sideways.
11:10 AM
Blogger
Asian shares declined Monday, mirroring a weak Wall Street close, as Chinese investment data showed ongoing economic weakness. Tokyo's Nikkei plunged amid anticipation of a potential Bank of Japan rate hike, while US futures showed a slight uptick. Tech stocks dragged down US markets on Friday, though some consumer-reliant companies remained resilient.
10:10 AM
Blogger
Stock market recommendations: Motilal Oswal Financial Services has identified SBI Life and RBL Bank as top stock picks for the week of December 15, 2025. SBI Life shows strong growth in key metrics like APE and VNB, driven by product mix shifts. RBL Bank's prospects are significantly boosted by Emirates NBD's substantial investment, enhancing its financial strength and operational capabilities for future expansion.
7:10 AM
Blogger
9:10 PM
Blogger
Gold and silver are poised for further gains as global inflation data and economic indicators are closely watched. Analysts anticipate continued momentum driven by central bank policy expectations and geopolitical factors. Domestic factors like rupee depreciation are also boosting gold's appeal for Indian investors, while strong industrial demand supports silver.
4:10 PM
Blogger
India's top 10 most-valued companies experienced a significant market capitalization drop of Rs 79,129.21 crore last week, with Bajaj Finance and ICICI Bank facing the steepest declines. This broad market weakness saw eight of the top ten firms lose value, while only Reliance Industries and Larsen & Toubro registered gains.
RSS Feed
Twitter
