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)......

Metropolitan Stock Exchange to raise Rs 120 cr in fresh attempt at revival

Metropolitan Stock Exchange of India (MSE) plans to raise Rs 120 crore from investors in an attempt to stay afloat. The beleaguered exchange’s board has approved issuance of 1.19 billion......

Hectic buying in blue-chip stocks lifts Sensex by 500 points

Equity benchmark indices Sensex and Nifty rebounded sharply on Monday after five days of steep decline amid value buying at lower levels and a rally in global markets. Illustration: Uttam......

Stocks Crash: Worst Week in Years

The week's losses wiped out investor wealth worth Rs 18.43 trillion, with the total market capitalisation of BSE-listed firms now at Rs 441 trillion. Illustration: Dominic Xavier/Rediff.com  ......