The crypto winter could be claiming more casualties among the stablecoin camp. The de-pegging of TerraUSD (UST) on Tuesday triggered market sell-offs, and now Tether (USDT) appears to be losing its f… [+3036 chars]
Kolkata: India's foreign exchange reserves were adequate to cover around 13 months of imports at the end of 2021, the Reserve Bank of India said in its half-yearly report on the management of forex r… [+1336 chars]
Punjab National Bank (PNB) reported a 66 percent decline in standalone net profit at Rs 202 crore for the fourth quarter of financial year 2021-22 on higher amounts parked towards provisioning, even … [+1427 chars]
Japans SoftBank Group, which has been a prolific tech investor in India and across the world, will be cutting its investments to a fourth in 2022 from a year earlier as valuations of high-growth tech… [+4712 chars]
By Adrija Chatterjee and Anup Roy As Indias inflation surges, the cheap single-serving packets of staples like soap and cookies arent budging in price -- theyre just getting lighter. By paring the … [+3499 chars]
Scoot chief Campbell Wilson to be CEO & MD of Air India
The country’s largest cement manufacturer UltraTech Cement has entered the race to acquire Swiss firm Holcim Ltd’s Indian arms Ambuja Cements Ltd and ACC Ltd by submitting a non-binding bid, accordin… [+3023 chars]
"Build a portfolio for the next five years and that is really what most investors should be looking at. Instead of fretting over the losses, start thinking constructively where can I recover these lo… [+12922 chars]
Mumbai: When it rains, it pours. And it is pouring for the Indian rupee, which hit a fresh record low of Rs 77.59 against the US dollar this week. Global macroeconomic signals dont bode well either,… [+6814 chars]
Electric two-wheeler maker Ather Energy on May 12 announced that it has raised $128 million funding, led by India's sovereign wealth fund National Investment and Infrastructure Fund Limited's (NIIFL)… [+5719 chars]
Nano, pegged as one of the most affordable cars, isaname that needs no introduction. The peoples car became a part of many households since its launch in 2008 till the time it was discontinued a few … [+1424 chars]
Kolkata: Ujjivan Small Finance Bank has made a turnaround with Rs 127 crore net profit in the quarter ended March 31 after three consecutive quarterly losses as the bank could streamline its act of l… [+2106 chars]