Business

SBI board approves sale of 13% stake in YES Bank to Sumitomo for ₹8,889 crore at ₹21.50 per share

The agreement reflects the growing foreign interest in the private banking sector of India. | Photo credit: Somashekar Grn The…

Crude oil futures rise as market awaits US-China talks 

The growing tensions related to trade between the United States and China had previously impacted crude oil markets. Crude oil…

Amidst ongoing Indo-Pak conflict, what GIFT Nifty futures signal ahead of Friday’s opening bell on Dalal Street

Gift Nifty Futures, an early indicator of the NIFTY 50 titular index, 304 points fell, or 1.3 percent, to 23,885…

Rupee down: India-Pakistan conflict pushes currency to worst day in over two years, falls 1% against US dollar

The implicit volatility of 1 month of the rupee, a meter of future expectations, increased to a maximum of approximately…

Earnings preview: L&T may post double digit revenue growth in Q4 on strong order growth

With strong growth in orders of the Middle East, Larsen and Toubro (L&T) are expected to publish a two -digit…

Fed holds rates steady, flags rising risks of inflation and unemployment

President of the United States Federal Reserve Jerome Powell | Photo credit: Reuters The interest rates of the hero of…