BSE Smallcap index hits record high; experts see more upside

The S&P BSE Smallcap index hit a record high 31,396.64, gaining nearly 1 per cent on the BSE in intra-day trade on June 7 after a strong rally in railway, auto and hospitals stocks. Illustration:......

Merger of Credit Suisse with UBS Group cleared

Fair-trade regulator Competition Commission of India (CCI) on Thursday cleared the proposed merger of Credit Suisse Group AG with UBS Group AG. Photograph: Denis Balibouse/Reuters Both Credit......

MFs raise equity bets as valuations improve; fund houses invest Rs 55k cr

Mutual fund houses have been on an equity buying spree in the past three months as they have invested a net amount of Rs 55,000 crore in them between January and March 2023. Illustration: Dominic......

Tough Times Lie Ahead For Banking Sector

For the banking system a new cycle starts in FY2024.It's fraught with fresh challenges on asset quality and profitability, warns Tamal Bandyopadhyay. IMAGE: Finance Minister Nirmala Sitharaman......