RBI Approves SMBC's India Subsidiary Conversion
The Reserve Bank of India has given in-principle approval to Japan's Sumitomo Mitsui Banking Corporation to convert its Indian branches into a wholly owned subsidiary.
The Reserve Bank of India has given in-principle approval to Japan's Sumitomo Mitsui Banking Corporation to convert its Indian branches into a wholly owned subsidiary.
RBI draft regulations mandate banks to maintain 9% capital on net open positions in foreign exchange and gold starting April 2027, aiming to curb market volatility risks.
Sebi Chairman Tuhin Kanta Pandey calls for enhanced disclosures in IPO documents, highlighting gaps in risk factors and valuations. He also confirms progress in NSE's settlement case.
Gold and silver prices declined in international markets due to a stronger US dollar and reduced safe-haven demand. Meanwhile, domestic rates in India reached new record highs in the previous session.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedBanks remain closed in Tamil Nadu and Andhra Pradesh on January 16 for Thiruvalluvar Day and Kanuma. Multiple states observe holidays this week for harvest festivals.
The Reserve Bank of India proposes letting banks pay up to 75% of net profit as dividends, potentially increasing government receipts from public sector banks.
Verizon issues $20 account credits to subscribers affected by January 14th nationwide outage. Thousands lost mobile connectivity for calls and transactions.
Gold prices surged to a new lifetime high in India on Thursday, reaching Rs 1,47,300 per 10 grams, driven by strong demand from jewellers and stockists.
Silver prices in Delhi have skyrocketed over 7,135% since 1985, with current rates at ₹286,180 per kg. Investors who bought silver decades ago are reaping huge returns as the precious metal hits record highs.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedSEBI has given in-principle approval to NSE's settlement applications in co-location and dark fibre matters, potentially speeding up the exchange's long-awaited IPO process.
Silver prices in Delhi surged to a record Rs 2.89 lakh per kilogram, while gold strengthened to Rs 1.47 lakh per 10 grams, continuing a five-day rally.
India's Union Budget 2026-27 will be printed in North Block's basement press, continuing a decades-old tradition despite the finance ministry's relocation to Kartavya Bhawan.
U.S. megabank shares have dipped after strong earnings, but the economic outlook and policy environment suggest continued growth potential for 2026.
Angel One reports strong Q3 2026 results with profit jumping 27% quarter-on-quarter. Board approves interim dividend and stock split, boosting investor confidence.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedMoody's Investors Service has upgraded the outlook for Adani Ports and Special Economic Zone and two other Adani group firms to stable from negative, while reaffirming their ratings.
NSE MD Ashish Chauhan welcomes SEBI's in-principle approval for the exchange's IPO but clarifies the actual listing is still months away, pending final regulatory steps.
Gold rates on MCX show volatility due to profit booking and a stronger US dollar. Experts weigh in on whether this presents a buying opportunity for investors.
Tech giants issue over $120 billion in bonds for AI infrastructure, but bond investors face risks despite attractive yields. Experts warn of market capacity concerns and prefer stability over hype.
Richika Dadheech, MD of FiatPe, discusses fintech expectations for Budget 2026, UPI's global rise, cybersecurity needs, and AI's transformative role in shaping India's digital payments landscape.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedThe Central Bureau of Investigation conducted raids across several locations in West Bengal as part of its probe into a major fraud case involving UCO Bank.
US Senate Banking Committee faces a crucial vote on crypto regulation as banks lobby fiercely against stablecoin rewards that threaten traditional deposits.
Taxpayers who missed December's revision deadline can still file updated returns through ITR-U, but only if it increases tax liability with penalties rising up to 70% over four years.
Sebi chief Tuhin Kanta Pandey reveals discussions with the Ministry of Corporate Affairs about extending regulatory oversight to India's unlisted share market, citing pricing mismatches and disclosure gaps as key concerns.
Groww's Q3FY26 results show strong growth with orders up 14% sequentially to 474 million, boosting platform revenue and EBITDA, supporting its premium valuation.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedThe FY27 Union Budget may bring minimal income tax law changes, but new rules under the Income Tax Act, 2025, will shape taxpayer rights, compliance, and safeguards from April 1.
Bharat Coking Coal IPO share allotment is now finalized. Investors can check their status online through registrar portal, BSE or NSE websites. Refunds begin Friday.
Gold and silver prices are poised for further gains, with MCX gold eyeing 151,000 and silver targeting 320,000, according to Abhilash Koikkara of Nuvama.
The Reserve Bank of India announces 572 Office Attendant vacancies. Apply online from January 15, 2026. Check eligibility, selection process, and important dates.
Visa has launched a new feature allowing Chinese cardholders to add their Visa cards to Apple Pay, enhancing payment convenience and security for users in China.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedA detailed look at the tax and non-tax revenue sources for the Union Budget 2026, explaining how the government funds its expenditures and public services.