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Youth Congress leader files 4th PIL in SC for multi-agency probe into Adanis

 A fresh PIL was filed on Thursday in the Supreme Court seeking a probe by multiple central government agencies under the supervision of a panel or a former apex court judge against the Adani Group......

PSU bank stocks surge up to 39% in 2024; what does 2025 hold in store?

 According to analysts, the rally in most PSB stocks in 2024 was driven by the continuation of the government at the Centre. The year 2024 was a roller-coaster ride for Indian stock markets, marked......

RBI conducts $10 bn forex swap to inject liquidity

 The Reserve Bank of India’s (RBI’s) $10 billion US dollar-rupee buy-sell swap auction for three years received bids worth $16.23 billion on Friday, reflecting robust demand amid......

Mutual funds increase exposure to banking, IT stocks amid outperformance

 The performance of banking and information technology (IT) stocks has had a significant impact on the composition of diversified mutual fund (MF) portfolios. Illustration: Dominic......

Muted deposit and credit growth sends PSB stocks into a tailspin

 Shares of state-owned bank stocks were under pressure on Monday due to muted deposit and credit growth numbers reported by these lenders in the October-December quarter (Q3) of 2024-25 (FY25).......

Improved cost ratios to boost State Bank of India's profitability

 India’s largest PSU bank, State Bank of India, delivered excellent results, once the impact of a big jump in employee expenses was adjusted for. Photograph: Sudipta Banerjee/ANI Photo The......

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