Journalism of Courage
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George Mathew
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Prosus writes off $493 mn investment in Byju’sSubscriber Only
June 25, 2024 03:48 IST
Prosus is a global technology group with businesses and investments in growth markets around the world.
Tue, Jun 25, 2024
Hindenburg report designed to defame us, erode market value: AdaniSubscriber Only
June 24, 2024 20:06 IST
On January 24, 2023, Hindenburg came out with 106-page report alleging “brazen stock manipulation and accounting fraud scheme” over the course of decades by the Adani group.
Tue, Jun 25, 2024
Prospect of a growth sacrifice in 2024-25 is the price for bringing inflation down: Jayanth R VarmaSubscriber Only
June 23, 2024 04:06 IST
Varma, Professor of Finance and Accounting, IIM Ahmedabad, says that the 25-basis point cut in the repo rate proposed by him in the June monetary policy would still have left monetary policy highly restrictive.
Sun, Jun 23, 2024
Manufacturing PMI rises to 60.9 in June, job creation fastest in 18 years: SurveySubscriber Only
June 22, 2024 04:10 IST
According to the HSBC survey, the final Manufacturing, Services and Composite Purchasing Managers' Index (PMI) figure rose by 0.4 percentage point to 60.9 in June, compared to a downward revised figure of 60.5 in May.
Sat, Jun 22, 2024
SEBI orders Religare to apply for approvals for open offer by BurmansSubscriber Only
June 21, 2024 05:30 IST
The Burmans attempted to seek the approval of the RBI for change in control / management of REL.
Fri, Jun 21, 2024
Vodafone to sell Indus Towers stake worth $1 billionSubscriber Only
June 19, 2024 05:17 IST
The block deal for Indus Towers is likely to be launched at a 9.9 per cent discount to the stock's current market price, according to the term sheet of the stake sale.
Wed, Jun 19, 2024
Fitch ups FY25 GDP growth forecast to 7.2%Subscriber Only
June 18, 2024 12:22 IST
The RBI had hiked its GDP estimate to 7.2 per cent for the year 2024-25 in the latest monetary policy review earlier this month.
Wed, Jun 19, 2024
India Inc revenue growth may taper sequentially in first quarter of FY2025: ICRASubscriber Only
June 18, 2024 05:00 IST
“Evolution of the global economic scenario and the onset and intensity of the monsoons in India, would remain a key monitorable over the near term,” ICRA said.
Tue, Jun 18, 2024
Vodafone Idea to raise Rs 2,458 cr from Nokia, Ericsson and Networks IndiaSubscriber Only
June 14, 2024 05:06 IST
The telecom company will issue equity shares of face value of Rs 10 each at an issue price of Rs 14.80 per equity share (including a premium of Rs 4.80 per equity share) to the three entities.
Fri, Jun 14, 2024
Mumbai, Delhi among top 5 global cities in house price riseSubscriber Only
June 14, 2024 04:56 IST
National Capital Region of Delhi which witnessed a rise of 10.5 per cent in house prices during the quarter was at the fifth position. NCR rose from 17th rank in Jan-March 2023 to fifth in Jan-March 2024 with a growth of 10.5 per cent YoY.
Fri, Jun 14, 2024
IRDAI allows policyholders to cancel policies, get refundSubscriber Only
June 12, 2024 04:23 IST
Every insurer should have a designated base product in each line of business
Wed, Jun 12, 2024
Life insurers mop up Rs 27,034 crore as new business collectionsSubscriber Only
June 11, 2024 04:27 IST
According to the Life Insurance Council, new policy issuance increased by 12.45 per cent for the same period, indicating the strong underlying demand for life insurance products.
Tue, Jun 11, 2024
Cashless health claim settlement: Irdai asks insurers to deploy systems by July 31Subscriber Only
June 10, 2024 04:17 IST
Claim settlement has been a cumbersome procedure for policyholders.
Mon, Jun 10, 2024
RBI’s agenda: capital account liberalisation, globalisation of rupee and digital payment systemSubscriber Only
June 08, 2024 04:00 IST
India has not yet opened up its capital account fully which will allow free flow of capital to the country and outside.
Sat, Jun 08, 2024
Why has RBI policy panel kept repo rate unchanged, hiked GDP growth projection?Subscriber Only
June 07, 2024 11:50 IST
The stock market cheered the hike in GDP forecast with the Sensex rising nearly one per cent, or over 700 points soon after the policy announcement. Here is all you need to know about the RBI MPC's decision and what it means for loans and EMIs.
Fri, Jun 07, 2024
Foreign portfolio investors stepped up selling in the run-up to electionsSubscriber Only
June 05, 2024 04:32 IST
According to stock exchange data, FPIs sold stocks worth Rs 75,000 crore during the March-May period while DIIs propped up the market by investing Rs 1,50,000 crore in the stock market.
Wed, Jun 05, 2024
On exit poll high, markets fall 6% as BJP loses majoritySubscriber Only
June 04, 2024 10:21 IST
During intraday trades, the Sensex tanked 6,234.35 points and the broader Nifty plummeted 1982.45 points. However, benchmark indices recouped some of the losses to finally end 6 per cent down. The Sensex closed at 72,079.05, down 4,389.73 points, or 5.74 points.
Wed, Jun 05, 2024
Six PSU banks issued 1,071 look-out circulars against defaulters in last 5 yearsSubscriber Only
June 04, 2024 04:00 IST
The State Bank of India (SBI), the largest commercial bank in the country, said as many as 583 LOCs were issued by the bank.
Tue, Jun 04, 2024
Equity options boom: Retail frenzy a growing concern as “sachetisation” of option plans draws in younger investors from small townsSubscriber Only
May 19, 2024 02:34 IST
Last year, Indian investors traded 85 billion options contracts, more than anywhere else in the world, having overtaken the US in the volume of annual trades just before the pandemic.
Mon, May 20, 2024
6 out of 10 consumers complain of insurance mis-selling, says surveySubscriber Only
May 17, 2024 04:35 IST
This practice leverages on the fear of missing out and discourages users from reading all the information available.
Fri, May 17, 2024
Health policy premium jumps by up to 50% in a year, ‘set to rise further’Subscriber Only
May 08, 2024 05:10 IST
The survey received over 11,000 responses from personal health insurance policy holders located in 324 districts of India. 67 per cent respondents were men while 33 per cent respondents were wome
Wed, May 08, 2024
43% consumers faced problems in health insurance claims: LocalCircles SurveySubscriber Only
May 03, 2024 04:59 IST
Claim approval takes as many as 10-12 hours, claim rejection also rampant, says survey
Fri, May 03, 2024
CAG’s Rs 1.76 lakh crore 2G spectrum ‘presumptive loss’ contestable: Ex-RBI Governor Duvvuri SubbaraoSubscriber Only
May 01, 2024 04:40 IST
Ten years later, Duvvuri Subbarao, a former Union Finance Secretary and RBI governor, said the assumptions underlying CAG’s estimate of Rs 1.76 lakh crore presumptive loss in the 2G telecom scam are contestable on several grounds.
Fri, May 03, 2024
Why RBI has advised banks to refund borrowers for overcharging on interestSubscriber Only
April 30, 2024 11:49 IST
In the case of repayment of loans during a month, some banks were charging interest for the entire month, rather than only for the period for which the loan was outstanding. RBI recently found banks following several other unfair practices.
Tue, Apr 30, 2024
‘Some parts of market little overvalued, rest is at very good valuation’: Swarup Anand MohantySubscriber Only
April 29, 2024 05:00 IST
Swarup Mohanty, who manages assets worth Rs 1.61 lakh crore, says, “there is a shift (of money) to financial assets. But not at the cost of the banks. Maybe people have realised that this (financial asset) is a good area for investing.”
Mon, Apr 29, 2024
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