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RBI's Monetary Policy Committee, led by Governor Sanjay Malhotra, reduced the repo rate by 50 bps for the second consecutive time, shifting to a neutral stance to boost growth amid global volatility. While most members favored the cut to signal policy certainty and support consumption and investment, one member advocated for a more cautious approach due to prevailing uncertainties.
Revised lending target to be effective from April 1
A US Federal Reserve official hinted at potential interest rate cuts as early as July, citing global economic uncertainties and geopolitical risks. Despite President Trump's pressure for rate reductions, the Fed remains cautious, assess ...more
The company has set a price band of ₹700-740 for the fund raise, which is reportedly at a 66 per cent discount to the price of the share in the grey market.
Accenture's Q3 FY25 revenue surged 8% to $17.7 billion, fueled by strong demand for AI services. The IT firm has raised its full-year revenue growth outlook to 6-7%. Gen-AI bookings reached $1.5 billion for the quarter, generating over ...more
As per the FIR, ₹600 crore raised via secured Non-Convertible Debentures for a residential project was fraudulently siphoned off through layered transactions, benefiting promoters and related entities
Following the stake sale, TPG's holding in Sai Life Sciences declined to 14.73% from 24.73%
Bharat Electronics Limited (BEL) has recently secured new orders worth Rs 585 crore, encompassing fire control systems, communication equipment, and more. This Navratna Defence PSU is also diversifying into sectors like cyber security.
Or is it likely to get brushed under the carpet, experts debate
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