Several banks and other financial institutions have updated their fixed deposit interest rates and other characteristics for the fiscal year 2025-26 (FY26). The State Bank of India (SBI) offers fixed deposits with higher interest rates, particularly to older citizens. Fixed deposit programs, commonly known as term deposits, provide a profitable savings alternative for risk-averse individuals….
Of the 4,076 shares traded on the BSE, 1,029 climbed and 2923 dropped. The Nifty Metal Index fell 6.6% on Friday, while the Pharma and IT indexes fell almost 4% a piece. The Nifty Realty Index fell 3.6%, while the oil and gas, healthcare, consumer durables, and auto indexes fell 2-4%. Foreign portfolio investors (FPIs)…
Indian shares were hammered by a wave of selling that swept riskier assets worldwide on Friday, mirroring Wall Street’s overnight slump–the worst since 2020–in reaction to US President Donald Trump’s reciprocal tariff system, raising concerns about a global collapse. The NSE Nifty lost 1.5%, or 345.65 points, to end at 22,904.45. The BSE Sensex fell…
IIFL Finance Ltd announced on Friday that it will raise to Rs 500 crore through a public offering of secured, graded, and listed redeemable non-convertible debentures (NCDs) to finance development. IIFL Finance stated that the cash collected will be utilized for onward lending, financing/refinancing the company’s current debt, and general business reasons. The NCDs in…
According to interim data, private lender IndusInd Bank’s term deposit and low-cost deposit growth fell by two percentage points in the March quarter compared to the December 2024 quarter. This reduction is most likely the result of deposit withdrawals following the bank’s discovery of accounting errors relating to currency derivatives. In an exchange filing, the…
Titagarh Rail Systems had a recent assessment modification to reflect changes in its technological viewpoint. The firm encountered issues in its most recent quarterly performance, including reductions in profit and liquidity measures. However, it continues to see significant long-term growth and enjoys strong institutional backing. Titagarh Rail Systems, a midcap participant in the rails business,…
Shares of RH fell on fears about how additional tariffs imposed by US President Donald Trump will affect the luxury furniture producer. The stock plunged 40% at 9:50 a.m. Thursday in New York. That’s the lowest level in over five years. As of Wednesday, the shares had plummeted 37% this year. According to Barclays analyst…
HDFC Bank shares rose 2 percent in early trade on Friday, April 4, bucking the general market decline, as the private sector lender reported a good business update for the quarter ended March 2025 (Q4FY25). The market praised the bank’s consistent progress in loan and deposit growth and its sustained emphasis on recalibrating its post-merger…
Mazagon Dock Shipbuilders’ stock fell more than 6% on Friday after the business revealed that the government will sell up to a 4.8% interest in the defence PSU through an offer for sale. Mazagon Dock Shipbuilders shares plummeted 6.74% to ₹2,550.90 on the BSE. The government plans to sell a 4.83% interest in Mazagon Dock…
Shares of top NBFC Bajaj Finance rose more than 2% on April 4 after the firm announced a 26% year-on-year increase in Assets Under Management during the January-March quarter of fiscal year 2024-25. In an exchange statement, Bajaj Finance stated that their AUM was about Rs 4.17 lakh crore as of March 31, 2025, a…