Stay updated with the latest financial-services news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on financial-services topics.
LinkedIn's inaugural 'Cities on the Rise' report identifies Visakhapatnam, Ranchi, Vijayawada, Nashik, and Raipur as India's fastest-growing non-metro hubs for professional opportunities. These tier 2 and tier 3 cities are attracting tech, pharma, and finance companies, creating a surge in local talent activity and offering alternatives to traditional major cities for career advancement. Visakhapatnam, Ranchi, Vijayawada, Nashik and Raipur are the fastest growing non-metro hubs where profession ...Read More >
Vijayawada: LinkedIn, the world's largest professional network, has come up with a 'Cities on the Rise' list, with spotlight on the top 10 cities in India where the job market as well as economic opportunities are steadily growing. As per the list, Visakhapatnam and Vijayawada, in first and third slots, are among the top three fastest-growing non-metro hubs where professional opportunities are accelerating. The following is the list of LinkedIn's Cities on the Rise 2025 for India: 1 Visakhapat ...Read More >
New Delhi, July 15 (SocialNews.XYZ) The government has set an ambitious growth target of 20 to 30 per cent for India Post for FY 2025-26 across different circles, Union Communications Minister Jyotiraditya Scindia said on Tuesday. The goal is to transform India Post into a sustainable profit centre for the Government of India, without compromising its social responsibility. Scindia praised India Post for embracing a corporate-style structure that prioritises performance metrics, innovation, and ...Read More >
NEW YORK, July 15 (Reuters) - Citigroup's (C.N), opens new tab profit rose in the second quarter as its traders brought in a windfall from turbulent markets. The third-largest U.S. lender's net income was $4 billion, or $1.96 per share, in the three months ended June 30, it said on Tuesday. Total net income rose 25% from a year earlier. Stocks and bonds have whipsawed since April, when U.S. President Donald Trump stunned markets by announcing sweeping tariffs against major trading partners. Vo ...Read More >
Mumbai: Indian stock markets rebounded sharply on Tuesday after a four-session losing streak, buoyed by easing retail inflation, steady foreign fund inflows, and positive global cues. The recovery was broad-based, reflecting improving sentiment across large-cap and broader market indices. The benchmark BSE Sensex closed 317 points higher, gaining 0.39 per cent to end at 82,570.91. The NSE Nifty also posted a strong performance, climbing 113.5 points, or 0.45 per cent, to close at 25,195.8. Mar ...Read More >
Mumbai, July 15 (SocialNews.XYZ) The Indian stock markets bounced back on Tuesday after four straight sessions of losses, supported by positive global cues, easing retail inflation and steady foreign fund inflows. Both benchmark indices ended the day with strong gains. At the closing bell, the Sensex rose by 317 points, or 0.39 per cent, to settle at 82,570.91. Following suit, the Nifty ended 113.5 points higher at 25,195.8 -- marking a gain of 0.45 per cent for the day. Market sentiment is s ...Read More >
Mumbai, July 14: In a tragic incident, Sardar Fauja Singh Ji, the legendary marathon runner, has reportedly passed away at the age of 114 years. The legendary marathoner reportedly died in an accident. Pictures of him being taken on a stretcher with blood on his body have surfaced on social media. There are reports that he was hit by an unidentified vehicle today afternoon at around 3.30 PM in his village, Beas located in Punjab's Jalandhar. He was rushed to a nearby hospital, where he was repor ...Read More >
New Delhi, July 14 (SocialNews.XYZ) The first quarter of the current financial year (Q1 FY26) has been a very productive period for the corporate bond market as the issuances have crossed the Rs 3 lakh crore mark, the highest in the last 4 years, according to a report on Monday. In the April-June quarter, issuances reached a peak of Rs 3.27 lakh crore, representing a 42.7 per cent increase over the Rs 2.29 crore recorded in the same quarter the previous year, a report from Bank of Baroda (BoB) ...Read More >
New Delhi, Jul 14 (PTI) IT services firm HCL Technologies on Monday posted a 9.7 per cent drop in consolidated net profit for the June quarter, hurt by higher expenses and one-time impact of a client bankruptcy, but raised the lower end of revenue growth outlook for the full fiscal on booking expectations in coming quarters. The firm had logged a net profit (attributable to owners of the company) of Rs 4,257 crore in the year-ago period, according to a regulatory filing. HCLTech CEO and MD C V ...Read More >
Shillong: Union finance minister Nirmala Sitharaman chaired a stakeholder interaction in Shillong on Saturday, where she engaged directly with business leaders, entrepreneurs, industry representatives and citizens, reaffirming the Centre's commitment to the development of the northeast.The event was organised by the Govt of Meghalaya in collaboration with the department of financial services, Central Board of Indirect Taxes & Customs (CBIC) and the Central Board of Direct Taxes.The session was a ...Read More >
New Delhi, Jul 11 (PTI) Religare Enterprises on Friday said its board has approved a proposal to raise Rs 1,500 crore through the preferential allotment of warrants to support the company's business expansion plans and drive new strategic initiatives. Of this amount, entities linked to the Burman family, owners of Dabur, will contribute Rs 750 crore, accounting for 50 per cent of the total fundraise, while the remaining amount will be infused by The Hindustan Times Ltd, investors Ashish Dhawan, ...Read More >
New Delhi, Jul 11 (PTI) Religare Enterprises on Friday said its board has approved a proposal to raise Rs 1,500 crore through the preferential allotment of warrants to support the company's business expansion plans and drive new strategic initiatives. Of this amount, entities linked to the Burman family, owners of Dabur, will contribute Rs 750 crore, accounting for 50 per cent of the total fundraise, while the remaining amount will be infused by The Hindustan Times Ltd, investors Ashish Dhawan, ...Read More >
VMPL New Delhi [India], July 11: Owning a home is a dream for many families, as it represents security and long-term stability. A home loan often helps to fulfil this dream by providing financial support to purchase property. A home loan is a financial product that helps an individual to purchase residential property by borrowing funds from a lender. Understanding the potential benefits of a home loan may allow an individual to make better decisions. This article details out some key benefits o ...Read More >
BusinessWire India Bengaluru (Karnataka) [India], July 11: Acuity Knowledge Partners' RFP Pulse, a managed digital solution is designed to transform how asset and wealth managers respond to RFPs (Requests for Proposals) and DDQs (Due Diligence Questionnaires). Already live with multiple clients, RFP Pulse is delivering measurable results, including 25-30% efficiency gains, reduced manual effort, and improved response quality. Built specifically for financial services workflows, RFP Pulse combi ...Read More >
Bengaluru (Karnataka) [India], July 11: Acuity Knowledge Partners' RFP Pulse, a managed digital solution is designed to transform how asset and wealth managers respond to RFPs (Requests for Proposals) and DDQs (Due Diligence Questionnaires). Already live with multiple clients, RFP Pulse is delivering measurable results, including 25-30% efficiency gains, reduced manual effort, and improved response quality. Also Read | 'Aap Jaisa Koi' Movie Review: R Madhavan and Fatima's Sweet Age-Gap Romance ...Read More >
Mumbai: The Indian equity market indices opened lower on Friday amid uncertainty surrounding US President Donald Trump's trade policies, as he continues to threaten elevated tariffs across various sectors and countries. At 9.20 am, Sensex was down 224 points or 0.27 per cent at 82,965 and Nifty shed 65 points or 0.26 per cent at 25,289.Marginal buying was seen in the midcap and smallcap stocks. Nifty midcap 100 index was up 60 points or 0.10 per cent at 59,220 and Nifty smallcap 100 index was u ...Read More >
New Delhi: Anand Rathi Wealth, part of Mumbai-based financial services group Anand Rathi, on Thursday reported a 28 per cent jump in profit after tax (PAT) to Rs 94 crore for the three months ended June 2025. The company had posted a PAT of Rs 73.4 crore in the same quarter of the preceding fiscal, Anand Rathi Wealth said in a statement. The total revenue rose 16 per cent to Rs 284.3 crore in the April-June quarter of FY26 from Rs 245.4 crore in the year-ago period. Anand Rathi Wealth's asset ...Read More >
Hyderabad: Linda Yaccarino has resigned from her role as Chief Executive Officer (CEO) of X, formerly known as Twitter, marking an end to her two-year tenure in the high-profile position dedicated to the social media platform. In an X post, Yaccarino shared that the role of CEO for X was a great opportunity in her career and thanked Musk for entrusting her with an "extraordinary mission" of protecting free speech and making X an "Everything App". She also thanked her team for their dedication, ...Read More >
New Delhi [India], July 10 (ANI): Assets under management (AUM) of private asset reconstruction companies (ARCs), as measured by security receipts (SRs) outstanding, is expected to decline 4-6 per cent to Rs 1.05 lakh crore this fiscal after sliding 15 per cent last fiscal, according to a latest report by Crisil Ratings. The rating agency said that the acquisition of stressed assets will continue to trend lower even as redemptions, which have improved in recent years, are likely to remain healt ...Read More >
New Delhi [India], July 10 (ANI): Assets under management (AUM) of private asset reconstruction companies (ARCs), as measured by security receipts (SRs) outstanding, is expected to decline 4-6 per cent to Rs 1.05 lakh crore this fiscal after sliding 15 per cent last fiscal, according to a latest report by Crisil Ratings. The rating agency said that the acquisition of stressed assets will continue to trend lower even as redemptions, which have improved in recent years, are likely to remain healt ...Read More >
New Delhi: The retail asset securitisation market in India has shown steady growth in the first quarter (Q1) of FY26, with a total transaction volume of Rs52,000 crore, a new report said on Wednesday. This includes both pass-through certificate (PTC) issuances and direct assignment (DA) transactions, according to CareEdge Ratings report. The volume represents a 6 per cent growth over the same period previous year. Despite this, the market's stability is a positive sign, driven by strong demand ...Read More >
Mumbai: The investor rush for some of the large unlisted companies, especially in financial services, has waned of late following the lower-than-expected pricing of HDB Financial Services' recent Initial Public Offering. Share values of some of the most popular firms in the unlisted space, such as NSE, NSDL and Tata Capital, have fallen between 5% and 18% as investors worry that valuations of these companies in their upcoming IPOs would be lower than the current levels. "Post the HDB IPO, we'v ...Read More >
New Delhi, July 9 (IANS) Although India Inc. witnessed a subdued dealmaking environment in Q2 2025 due to global uncertainty, signs of resilience are emerging, especially with foreign investors taking the lead in inbound M&A and public markets showing signs of revival, according to a Grant Thornton report released on Wednesday. As geopolitical headwinds ease, deal momentum is expected to pick up in the second half of 2025, buoyed by India's strong macroeconomic fundamentals and investor interest ...Read More >
New Delhi, July 9 (SocialNews.XYZ) Gross loan advances by non-banking financial companies (NBFCs) have grown significantly, doubling from Rs 24 lakh crore as of March 2021 to Rs 48 lakh crore as of March 2025, Finance Minister Nirmala Sitharaman said on Wednesday. Addressing the 'NBFC Symposium 2025' here, she said NBFCs have emerged as an important source of credit for segments that have historically been underserved or excluded. "The NBFC ecosystem has over 9,000 registered entities, which r ...Read More >
New Delhi: Non-banking financial companies (NBFCs) will be central to India's journey towards becoming a Viksit Bharat (developed nation) by 2047, but they must follow responsible and transparent lending practices, finance minister Nirmala Sitharaman said on Wednesday. Addressing the NBFC Symposium 2025, organized by the department of financial services (DFS) in New Delhi, Sitharaman said interest rates must remain reasonable, rate cuts must be passed on to borrowers, and all charges must be cl ...Read More >
New Delhi, July 9 (SocialNews.XYZ) The retail asset securitisation market in India has shown steady growth in the first quarter (Q1) of FY26, with a total transaction volume of Rs 52,000 crore, a new report said on Wednesday. This includes both pass-through certificate (PTC) issuances and direct assignment (DA) transactions, according to CareEdge Ratings report. The volume represents a 6 per cent growth over the same period previous year. Despite this, the market's stability is a positive sig ...Read More >
Indian IT bellwether Tata Consultancy Services (TCS) will announce its Q1FY26 earnings on Thursday, July 10. The company is expected to report a year-on-year (YoY) net profit growth of 1% to 3%, according to estimates from four brokerages. The bottom line is projected to be in the range of Rs 12,040 crore to Rs 12,416 crore. Revenue for the April-June quarter of FY26 is expected to grow between 2.7% and 3.8%, i.e., in the range of Rs 62,613 crore to Rs 64,993 crore. The estimates have been pro ...Read More >
Mumbai: The Indian benchmark indices opened lower on Wednesday amid mixed global cues as selling was seen in the IT, PSU bank and financial service sectors. At around 9.34 am, Sensex was trading 181.63 points or 0.22 per cent down at 83,530.88 while the Nifty declined 44.25 points or 0.17 per cent at 25,478.25. "After a flat to negative opening, Nifty can find support at 25,500 followed by 25,400 and 25,300. On the higher side, 25,600 can be an immediate resistance, followed by 25,700 and 25,8 ...Read More >
New Delhi [India], July 9 (ANI): The Competition Commission of India (CCI) approved the acquisition of wealth and lending units of UBS AG by 360 ONE Group entities. According to the Competition Commission of India, the transaction involves the transfer of key financial services operations, including portfolio management, stock broking, distribution, and lending from UBS AG to the 360 ONE entities. The proposal approved by the Competition Commission suggests that 360 ONE Portfolio Managers Limi ...Read More >
Mumbai, July 9 (SocialNews.XYZ) The Indian benchmark indices opened lower on Wednesday amid mixed global cues as selling was seen in the IT, PSU bank and financial service sectors. At around 9.34 am, Sensex was trading 181.63 points or 0.22 per cent down at 83,530.88 while the Nifty declined 44.25 points or 0.17 per cent at 25,478.25. "After a flat to negative opening, Nifty can find support at 25,500 followed by 25,400 and 25,300. On the higher side, 25,600 can be an immediate resistance, fol ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.