Policybazaar parent PB Fintech suffered its steepest single-day fall on Thursday, losing 36% and Rs 31,430 crore in market value after IRDAI proposed sweeping changes to distributor commissions. The stock hit a…
India's private sector growth rose to a three-month high in September, with the HSBC Flash India Composite PMI touching 56.5, up from 54.3 in August. The manufacturing PMI climbed to a seven-month…
Indian banks are on track to mobilise USD 90-100 billion through FCNR(B) deposits and other foreign currency borrowings by August 31, according to a Jefferies report. Banks have already raised USD 73…
Bengaluru's working professionals are increasingly balancing demanding jobs with a passion for theatre, with about 90% of city theatre group members being part-timers who hold day jobs. Many squeeze rehearsals into weekends…
Citigroup and Axis Bank have teamed up to offer leveraged foreign-currency deposits to non-resident Indians, multiplying dollar inflows into India as the RBI ends its concessional swap window early after deposits surged…
HSBC's head of international banking Sandeep Batra has called GIFT City India's international financial centre, saying it is seeing a wide range of financial activities from multi-currency accounts to aircraft leasing and…
RBI Deputy Governor Poonam Gupta said India's economic growth could exceed the central bank's 6.7% forecast and approach 7%, citing stronger-than-expected high-frequency indicators. In a speech on Thursday, Gupta said a 7.5%…
India's private sector growth recovered moderately in August, with the HSBC Flash India Composite PMI rising to 54.6 from July's 52-month low of 54.3, according to the survey released on Friday by…
The Reserve Bank of India’s concessional dollar swap window, opened on June 5 to boost foreign reserves, has triggered a surge in Foreign Currency Non-Resident (Bank) deposits, with banks collectively mobilising over…
MetLife Global Capability Centres has appointed Dimple Kaloya as its Chief Human Resources Officer. Kaloya announced the appointment in a LinkedIn post, saying she had joined the organisation.
