[ad_1] Vodafone Idea shares surged 7% intraday Monday after the government waived off the need for bank guarantees, a move that, analysts said, is expected to unblock the telco’s road to raise fresh bank funding and also benefit its tower vendor Indus Towers.Shares of Vi...
[ad_1] President-elect Donald Trump has criticized former House Speaker Kevin McCarthy for agreeing to raise the debt ceiling during the Biden administration. Trump described the move as "one of the dumbest political decisions made in years." Background on the Debt Ceiling ExtensionIn May 2023, Congress...
[ad_1] Senior Indian Foreign Service (IFS) officer Sanjiv Ranjan, a member of the 1993 batch, was appointed as the next Secretary General of the Indian Ocean Rim Association (IORA) on Monday. The Ministry of External Affairs confirmed the appointment, stating that Ranjan will assume the...
[ad_1] Indian banks' gross bad loan ratio may rise from a 12-year low if risks emanating from credit quality, interest rates and geopolitics play out, a report published by the central bank on Monday showed. Gross bad loan ratio is the proportion of bad assets...
[ad_1] The Indian rupee slipped to its weakest closing level on record on Monday, pressured by a decline in the offshore Chinese yuan and broad-based dollar bids amid a prevailing bearish bias on the local currency.The rupee ended at 85.5350 against the U.S. dollar, down...
[ad_1] Emerging technologies like quantum computing and Generative AI are expected to create over 1 million jobs by 2030, a report by Quess IT Staffing said underlining just how skills in domains of artificial intelligence and machine learning (ML), cybersecurity, cloud computing, data science, and...
[ad_1] Bandhan Mutual Fund has announced the launch of Bandhan Nifty Alpha Low Volatility 30 Index Fund, an open-ended scheme tracking Nifty Alpha Low Volatility 30 Index.The new fund offer or NFO of the scheme will open for subscription on January 8 and close on...
[ad_1] China has stationed around 400 military personnel at the Larung Gar Buddhist Academy in Serthar County, eastern Tibet, as part of a broader strategy to tighten control over the region, the Central Tibetan Administration (CTA) said, citing reports from Tibet. The arrival of the...
[ad_1] UTI Mutual Fund has announced the launch of UTI Quant Fund, an open-ended equity scheme following a quantitative investment theme.The new fund offer or NFO of the scheme will open for subscription on January 2 and will close on January 16. The scheme will...
[ad_1] Health insurance companies in India paid out 71.3% of the ₹1.2 lakh crore in health insurance claims filed during the 2023-24 financial year, according to data from the Insurance Regulatory and Development Authority of India (IRDAI). Insurers received over 3 crore new claims totaling...