India Inc hopes government ensures economic growth and fund flow

A decisive mandate for the National Democratic Alliance (NDA) on Thursday has expected a higher pace of economic reforms. This is a day after the United Nations (UN) lowered its FY20 gross domestic product (GDP) growth... Read more »

Modi speaks of a better India, aims to eradicate poverty and combat fake secularism

In his first speech after winning another term for the BJP with an increased and historic mandate, Prime Minister Narendra Modi drew parallels from the 2019 Lok Sabha elections and the war... Read more »

Modi set to become PM yet again, NDA first back-to-back majority since 1984

Prime Minister Narendra Modi’s governing coalition, the National Democratic Alliance (NDA), is all set to achieve a majority in the lower house of India’s parliament. The NDA, led by Modi’s Bharatiya Janata... Read more »

Bank of Baroda reports net loss of Rs 991 crore in March quarter

State-owned Bank of Baroda Wednesday reported a net loss of around Rs 991 crore in the Q419. The bank had suffered a net loss of Rs 3,102.34 crore in the previous quarter... Read more »

Lok Sabha elections counting starts, results will decide India’s PM

The Lok Sabha elections 2019 will be a deciding factor for the fate of 8,049 candidates. The counting of votes started at 8 am across 542 Lok Sabha constituencies at various counting booths. Election... Read more »

IndusInd Bank net profit drops over 62% in March quarter, asset quality to blame

IndusInd Bank Wednesday reported a drop of over 62 per cent in March quarter net profit at Rs 360.10 crore. Net profit in the same quarter of 2017-18 financial year stood at... Read more »
“Don’t want ANMI, BBF to support 5 accused brokers in NSEL”: Open letter

Securities Appellate Tribunal allows stay on NSE fine in unfair access case

India’s National Stock Exchange (NSE) has received a partial stay on a $90 million regulatory fine for allegedly giving unfair access to its network servers, as an appellate tribunal on Wednesday announced... Read more »

ICRA lowers ratings of IDBI First Bank due to weak earnings of the bond programme

Domestic rating agency Icra Tuesday said it has downgraded long term rating of IDFC First Bank’s bond programme due to weak earnings and on higher provisions due to stressed exposures. The rating... Read more »

DHFL shares drop 18% after the NBFC struggles with liquidity and project finance loans

Dewan Housing Finance Corporation (DHFL) went down 18 per cent to Rs 107 in the early trade on Wednesday on the BSE after the non-banking finance company (NBFC) stopped accepting fresh public... Read more »

DLF reports 76% increase in net profit in its March quarter, shares up 6%

Realty major DLF on Tuesday achieved a 76 percent increase in its consolidated net profit at Rs 436.56 crore for the quarter ended March on higher sales. Its net profit was at... Read more »