Extreme poverty nearly alleviated in India: SBI research

As the poverty rates in the country declined below 5 percent in 2024, a research study by State Bank of India also highlighted that the extreme poverty in the country has been reduced to minimal.......

Banks post sixth year of profit growth in FY24, bad loans decline further

Commercial banks in India reported a sixth consecutive year of rise in their net profits in 2023-24 while bad loans continued to fall, according to the Reserve Bank of India’s (RBI’s)......

PhysicsWallah files IPO papers via confidential route

Physics Wallah has filed Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (Sebi), a precursor to hitting the primary market from where the edtech Unicorn......

Tariffs, earnings key for FII flows after Rs 1.54 trillion pullout in FY25

Global funds have pulled out Rs 1.54 trillion from domestic stocks in fiscal 2024 – 25 (FY25), the highest-ever outflow recorded so far, according to the data compiled by Business Standard.......

Credit-deposit growth gap likely to dip sharply in FY26: India Ratings

The gap between credit and deposit growth in the banking system is expected to decline sharply to 80 basis points (bps) in the next financial year from an average of 386 bps over the FY22-Q3FY25......

BCCI's earnings hit record highs as per latest reports

IMAGE: In FY24-25, the BCCI is expected to earn Rs 10,054 crore with the total budgeted expenditure set at Rs 2,348 crore. Photograph: Arko Datta / Reuters BCCI's healthy bank balance got......