Higher voting rights in private bank may come as a dampener for attracting new investors into the bank; investors may feel that SBI would call shots in deciding future strategy

PNB reports over Rs 3600 crore loans to DHFL as fraudPunjab National Bank said on Thursday it had reported loans made to Dewan Housing Finance Corporation Ltd worth 36.89 billion rupees ($491 million) to India's central bank as \"fraud.\" Indian state-owned lender PNB, which was hit by a $2 billion fraud involving billionaire Nirav Modi in 2018, had already set aside 12.5 billion rupees in provisions for the loans to DHFL, which is in bankruptcy proceedings.Uttar Pradesh govt imposes corona...

Global equities were trading mixed today, with European stocks and Asian indices trading marginally in red as investors await interest rate decision from Reserve Bank of Australia.

The FEMA show cause notice has been issued after completion of an over year-long investigation and under various sections of the Forex law

The Indian financial markets will continue to witness rotational trend with respect to foreign flows. Bouts of net inflows and outflows are expected by FPIs depending on their changing opinion and global trends, he noted.

Stock market behaviour shows that the concept of rational and well-informed investors participating in an efficient and self-correcting market which always gets the stock prices right is deeply flawed

The flare-up in coronavirus infections, which started in late June, was not captured in the Labor Department's closely watched monthly employment report published on Thursday as the government surveyed businesses in the middle of the month

Contrary to popular notion, stock markets have repeatedly demonstrated since the 1929 Great Depression that their performance is not really linked to macroeconomic and business fundamentals

In this second and concluding part, the focus is on why GDP came to measure the quantity of goods and services produced, ignoring social and environmental costs such output imposes on society

China's official purchasing managers' index (PMI) released Tuesday showed factory activity in the world's second-largest economy grew for a fourth straight month in June. China's services sector PMI also expanded at a faster pace compared to the previous month.

The global death toll from COVID-19 reached half a million people on Sunday, according to a Reuters tally. About one-quarter of all the deaths so far have been in the United States, with cases surging in a handful of southern and western states that reopened earlier

Stock Market LIVE Updates on June 29: Bajaj Finance, followed by Axis Bank, IndusInd Bank, ICICI Bank, SBI, HDFC duo and Infosys were among the top losers in the Sensex pack today. On the other hand, ITC, Sun Pharma, Nestle India and PowerGrid were among the gainers

The US central bank has capped dividend payments to the amount paid in the second quarter and further limited them to an amount based on recent earnings

Share Market Live: Top Sensex gainers were Infosys, TCS, IndusInd Bank rising up to 7%. Gains were led by IT stocks with BSE IT index rising 728 points to 15,125 

Rupee was trading in a narrow range today as positive domestic equities, susutained foriegn fund inflows and weak US currency supported the local unit, while rising coronavirus cases weighed on investor sentiment

Now, affected Indian companies will have to pass on higher borrowing costs to stakeholders

Why the sharp recovery and sustained run in stock markets is built on weak fundamentals. Despite the fall, they are trading at double the valuation of the 2008 Lehman crash

Stock Market LIVE Updates on June 24: HCL Tech, IndusInd Bank, PowerGrid and Infosys were among the laggards. On the other hand, ITC, Bajaj Auto, Bajaj Finance, NTPC and Titan were among the top gainers

On the whole, markets have been sideswiped this week on fresh contagion concerns, prompting some investors to temper their optimism about how quickly the global economy can recover for the pandemic

Besides border tensions between Indian and Chinese army, weakness in Asian counterparts, spike in coronavirus cases and sustained foreign fund outflows also kept domestic investors cautious