While Steel Strips Wheels outperforms Wheels India in net profit, the latter’s faster profit growth reflects strategic shifts and incremental returns, underscoring the importance of capital efficiency. At first glance, Wheels India and Steel Strips Wheels look like close rivals.…
Indian equities are expected to open cautiously on August 7, with traders monitoring critical support and resistance levels to gauge market direction amid a choppy trading environment and options-based influences. Indian markets are set for a cautious start on August…
The Reserve Bank of India has retained Tata Sons in its list of systemically important upper-layer non-banking financial companies, highlighting evolving regulatory oversight of major shadow lenders amidst ongoing restructuring and proposed surrender of NBFC registration. Tata Sons’ retention in…
BRICS nations have adopted a joint declaration focused on advancing practical industrial collaboration, innovation, and resilience, marking a shift from broad promises to actionable plans under India’s chairship at the 10th Industry Ministers’ Meeting in Jaipur. India’s chairship of BRICS…
Indian markets are likely to open cautiously on Friday amid rising crude oil prices and geopolitical concerns over the Middle East, with traders wary of weekend developments affecting market stability. Indian shares are set for a weaker opening on Friday…
The Reserve Bank of India is expected to maintain a wait-and-see approach into 2026, prioritising liquidity management amid external uncertainties and moderate inflation trends, according to JM Financial analysis. The Reserve Bank of India is expected to stay in wait-and-see…
Life Insurance Corporation of India has announced a 22.81% rise in standalone net profit for the June quarter, bolstered by increased premium income and a significant boost in the value of new business, ensuring its continued dominance in India’s competitive…
As monsoon rains intensify, insurers introduce specialised add-ons for EV owners to cover costly battery and electrical components, highlighting a shift towards tailored flood protection amid rising water-related risks. For buyers weighing an electric car, the key insurance question is…
A Kerala consumer commission has mandated Union Bank of India to refund a customer ₹10,000 after a failed ATM transaction, highlighting the importance of transaction records and the rising scrutiny of bank accountability in failed cash withdrawals. A consumer commission…
ICICI Bank has issued $300 million in senior unsecured fixed-rate notes through its IFSC Banking Unit, reflecting a strategic move to tap more foreign currency funding amid robust quarterly growth and expanding overseas presence. ICICI Bank has raised $300 million…
