[ad_1] India’s credit-to-deposit ratio remains under 80% as lending growth continues to trail deposit inflows, according to a report by CareEdge Rating. According to news agency ANI, while both credit offtake and deposits have grown sequentially, the pace is slower than last year, narrowing the gap between the two.The report stated, “Credit to Deposit Ratio…
[ad_1] Top stocks to buy (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, Force Motors, Maruti Suzuki, and MCX are the top buy calls for today. Here’s his view on Nifty, Bank Nifty and the top stock picks for August 14, 2025:Index…
[ad_1] Analysts anticipate the market to remain range-bound, with domestic-facing themes expected to prevail. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Thursday. While Nifty50 was above 24,600, BSE Sensex was near 80,600. At 9:33 AM, Nifty50 was trading at 24,619.65, up marginally. BSE Sensex…
[ad_1] Bitcoin surged to a fresh all-time high in early Asian trade on Thursday, crossing $124,000 for the first time, supported by upbeat US market sentiment and policy changes favouring the cryptocurrency sector.According to AFP, the world’s largest digital asset briefly touched $124,500 before easing back, breaking its previous record set in July. The rally…
[ad_1] NEW DELHI: The commerce and finance ministries are in dialogue for the Rs 2,250 crore export promotion mission, with the Expenditure Finance Committee expected to take it up soon, an official said on Wednesday.The mission was part of budget announcements but has gathered urgency in the wake of the possible adverse impact of US…
[ad_1] Motilal Oswal Financial Services has upgraded Bharat Dynamics to buy from neutral with an unchanged target price of Rs 1,900. Analysts said the stock’s valuation is turning reasonable. During the April-June quarter (Q1), Bharat Dynamics delivered strong 30% annual growth in execution on the back of a strong order book and the easing of…
[ad_1] MUMBAI: ICICI Bank has rolled back its rule requiring new savings accounts opened after Aug 1 to maintain a monthly average balance (MAB) of Rs 50,000 and has revised the threshold to Rs 15,000. The move follows a social media backlash against the higher balance requirement, which was criticised for making banking exclusive.The bank…
[ad_1] US tariffs not to hit India’s growth: S&P NEW DELHI: Trump tariffs will not have any impact on India’s growth, as it is not a trade-oriented economy, and its sovereign ratings outlook will continue to remain positive, S&P Global Ratings director YeeFarn Phua said.In May last year, S&P had upgraded the outlook on India’s…
[ad_1] NEW DELHI: Top American specialty glass and technology company Corning is expanding its business in India as it ties up with local contract manufacturer Optiemus through a trademark and licensing agreement for screen protectors.The company is also close to starting production of finished cover glass for smartphones in India in a Rs 1,000-crore JV…
[ad_1] IKEA has opened its first store in West Delhi at Pacific Mall (File photo) MUMBAI: Global trade wars have pushed companies to speed up the diversification of their supply chains and India will be key to Ikea’s sourcing strategy where it is expanding beyond textiles to build supply capabilities in plastic, metals, and furniture,…