Tag: Mumbai

Decline in NBFC Loan Sanctions in Q2: Analysis and ImpactMUMBAI: In a surprising turn of events, non-bank finance companies witnessed a significant decrease in loans sanctioned during the second quarter of FY25....

The Coal Ministry recently hosted a roadshow in Mumbai focused on investment opportunities in the coal sector and commercial mine auctions, aiming to accelerate private sector participation and enhance domestic coal production. The event...

**Insurers Push for GST on Term Plans to Stay Put**In a recent development, life insurance companies are advocating for the continuation of the Goods and Services Tax (GST) on term insurance policies. This move...

**Stock Market in Turmoil: Understanding the Recent Bear Attack and BSE Sensex/Nifty50 Plummet**The stock market was rocked by a significant downturn today, with the BSE Sensex and Nifty50 experiencing a sharp decline due to...

JSW Steel - A Strong Buy Signal JSW Steel and Divi’s Laboratories have emerged as the top stock picks for today, according to Somil Mehta, Head of Alternate Research at Mirae Asset Sharekhan Capital Market...

Paytm Reports Rs 208 Crore Loss in Q3 2024In a recent update, One97 Communications, the parent company of Paytm, disclosed a consolidated loss of Rs 208.5 crore for the third quarter ending December 31,...

**Enhancing NPS Attractiveness for Budget 2025 Income Tax Expectations**Financial experts are calling for increased tax incentives to make the National Pension System (NPS) more appealing for investors in Budget 2025. With the looming retirement...

India's Economic Environment Prime for Private Investments: CII SurveyIndia's economic landscape is currently ripe for private investments, marking the country as a shining beacon amidst global challenges, as per a recent survey by the...

Market Turmoil: Top Companies Lose Billions in Market ValueNew Delhi witnessed a massive shakeup in the financial sector last week as the combined market capitalization of six of the top 10 valued domestic firms...

**Microfinance Defaults: Kotak and RBL Banks Report Higher Delinquencies**In a recent development, private banks Kotak Bank and RBL Bank have faced the brunt of defaults in the microfinance sector. Both banks, which unveiled their...