SBI Glitch Traps Goa Property Buyers in Stamp Duty Limbo
Technical failure in SBI's payment gateway leaves over 30 property buyers in Goa stranded with Rs 1 crore debited but undeposited for stamp duty, paralyzing registrations.
Category : Banking
Gold Slips on Dollar Strength, Geopolitics, US Jobs Data
Gold prices reversed gains, slipping 0.3% as the dollar strengthened to a one-week high. Investors await US jobs data and monitor geopolitical developments while booking profits after recent record highs.
Express Scripts Settles FTC Insulin Pricing Lawsuit
Cigna's Express Scripts settles with FTC over insulin price-fixing allegations, agreeing to overhaul drug pricing models and phase out rebates to lower patient costs.
Goa CM Orders Credit Society to Submit Financial Papers
Chief Minister Pramod Sawant has instructed Tirumalla Tirupati Multistate Cooperative Credit Society to immediately submit financial accounts and audit reports to the Registrar of Cooperative Societies for scrutiny.
SC Orders CBI, ED to Probe Banking Fraud by Anil Ambani Group
The Supreme Court of India has instructed the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) to carry out a fair, impartial, and timely investigation into banking fraud allegations involving the Anil Dhirubhai Ambani Group.
Gold, Silver Rally on Geopolitical Tensions and Weak US Data
Gold and silver prices surged significantly on Wednesday, with gold futures gaining 3.62% and silver jumping 10.5%. Geopolitical tensions and disappointing US ADP jobs data fueled the rally, reversing recent declines.
Court: Bank Not Liable When Customer Shares OTP
A consumer court has ruled that HDFC Bank cannot be held responsible for financial losses after a customer voluntarily shared his OTP with fraudsters, highlighting personal responsibility in digital security.
RBI MPC Begins Deliberations Amid Rate Cut Speculation
The RBI's Monetary Policy Committee started its two-day meeting on Wednesday, with experts divided on whether borrowing costs will fall further. The policy announcement is scheduled for Friday morning.
DeepSnitch AI Aims for 1000x Launch in Crypto Surge
In February 2026, DeepSnitch AI emerges as a top crypto pick with a potential 1000x launch, while Hyperliquid rallies 17% and Tron maintains stability, reshaping investment strategies.
Crypto Trends: ETFs Rebound, Whales Move to AI Token
Cryptocurrency markets see a USD 562 million ETF bounce as large investors rotate into DeepSnitch AI ahead of its USD 5 listing, signaling shifting priorities in digital assets.
Crypto Presale 2026: DeepSnitch AI Leads as Govt Reopens Market
As the government reopens crypto presales in 2026, new tokens are launching, but DeepSnitch AI emerges as the top choice for investors seeking maximum returns in India's evolving digital asset landscape.
Brandman Retail IPO: Price Band ₹167-176, Subscription Details
Brandman Retail's IPO commenced on February 4, 2025, with a price band of ₹167-176 per share. The company, specializing in global sports brands, shows strong financial growth and plans expansion.
India's Fixed-Income Market Adjusts to Budget 2026-27, RBI Pause
Following Union Budget 2026-27, India's bond market faces heavy government borrowing and stable RBI rates. Investors shift from yield speculation to accrual strategies for steady returns amid global uncertainties.
Rupee Falls 11 Paise to 90.43 vs US Dollar
Indian rupee declined by 11 paise to close at 90.43 against the US dollar on February 4, 2026. Forex traders cite lingering caution despite positive sentiment from India-US trade deal developments.
AI Fears Crash IT Stocks: Expert Urges Adaptation Strategy
Indian IT stocks plunged amid AI disruption fears, but Capitalmind CEO Deepak Shenoy advises focusing on upskilling and AI service models to contain job losses rather than panicking about automation.
CBI Extends Specialist Officer Recruitment Deadline to Feb 2026
Central Bank of India extends registration deadline for 350 Specialist Officer posts to 15 February 2026. Recruitment includes Marketing Officer and Foreign Exchange Officer positions with competitive salaries.
Bajaj Finserv Q3 PAT Flat at Rs 2,229 Cr
Bajaj Finserv reported consolidated Q3 PAT of Rs 2,229 crore, flat YoY, due to higher provisions and one-time charges. Excluding these, PAT grew 32% to Rs 2,936 crore, with Bajaj Finance showing 23% underlying growth.
Gold Futures Rally on MCX Amid Firm Buying Interest
Gold futures traded higher on Wednesday with robust investor participation driving gains across multiple contracts on MCX. Prices in major Indian cities also showed significant increases.
SEBI Plans Overhaul of 'Fit and Proper Person' Rules
India's market regulator SEBI is considering significant reforms to the 'fit and proper person' framework governing market intermediaries, aiming to enhance transparency and reduce regulatory uncertainty.
Bank of Baroda IT Recruitment 2026: 418 Vacancies Open
Bank of Baroda has commenced online applications for IT Recruitment 2026, offering 418 positions for Officer, Manager, and Senior Manager roles. Apply by February 19, 2026, on bankofbaroda.in.
IDFC First Bank Q3 PAT Up 48% to Rs 503 Crores
IDFC First Bank reports a robust 48% year-on-year increase in Profit After Tax (PAT) for Q3 FY26, reaching Rs 503 crores, driven by strong operational performance and improved asset quality.
Bajaj Finance's Long-Term Safety Strategy Amid Rising Competition
Bajaj Finance adopts conservative credit policies, sacrificing immediate profits to build a fortress balance sheet. Management cites competition tripling post-COVID with public banks entering retail lending aggressively.
IT Stocks Crash 7% on AI Fears, Rupee Strength
Indian IT stocks witnessed a sharp selloff on Wednesday, with the Nifty IT index plunging over 7% amid fears of AI disruption from Anthropic's new tools and a stronger rupee hurting export margins.
BHEL Jumps on ₹1,500 Crore Hindalco Order Win
Bharat Heavy Electricals Ltd (BHEL) shares witnessed significant intraday gains on Wednesday after the Maharatna PSU announced receiving a letter of intent for a major order from Hindalco Industries worth up to ₹1,500 crore for an Odisha project.
Crypto Market Loses $467B in Bitcoin Selloff
The cryptocurrency market has shed nearly half a trillion dollars in under a week as Bitcoin plunged to a 15-month low. Experts cite global macro tensions, interest rate differentials, and a shift toward safe-haven assets.
Power Grid's Execution Ramp-Up and Capex Revision Boost Stock
Power Grid Corporation shares surged 13% after Q3FY26 project execution accelerated sharply and management raised capex and capitalization targets. The company's project pipeline remains robust at ₹1.45 trillion.
Silver ETFs Jump 9% Post-Crash: Expert Investment Guide
Silver ETFs surged up to 9% intraday as prices rebounded 6% on MCX after a dramatic 46% crash. Experts explain ETF selection, volatility drivers, and long-term outlook amid geopolitical and Fed uncertainties.
Sebi Chief: Capital Markets Key to Bond Market Growth
Sebi Chairman Tuhin Kanta Pandey emphasizes that capital markets must lead bond market expansion in India, as reliance on bank credit alone is insufficient for economic growth.
India's Gold Stock Hits $4.5T, Exceeds GDP Amid Price Surge
India's household gold holdings valued at $4.5 trillion surpass the country's GDP. Rising gold prices fuel a gold loan boom but won't boost broad consumer spending, with jewelry demand expected to decline.
Logistics Stock Gains 6% Despite Market Volatility
A logistics stock witnessed a significant surge of over 6 percent in trading today, even as the broader markets remained volatile. This performance highlights sector-specific resilience amid economic fluctuations.
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