Business

Stock market, IT, BSE, NSE, Sensex, Nifty

Markets snap five-day rally; Sensex tumbles over 600 pts  

Mumbai: Market benchmarks Sensex and Nifty wilted under selling pressure Friday after a five-day rally as investors pared exposure to banking, financial and consumer durable stocks amid mixed trends in global markets. Rising global crude prices, a depreciating rupee and persistent foreign fund outflows further...

India’s economy growth

Deloitte projects India’s FY25 GDP growth at 6.6%

New Delhi: Deloitte India Friday said it estimates India's GDP growth at 6.6 per cent in the current fiscal helped by consumption expenditure, exports rebound and capital flows. In its India's economic outlook report, Deloitte said the rapid growth of the middle-income class has led...

Kotak Mahindra Bank

Kotak Mahindra Bank goes into damage-control mode after ban

Mumbai: The top management of Kotak Mahindra Bank has gone into damage-control mode after RBI barred the lender Wednesday from taking new customers online and issuing fresh credit cards with immediate effect. According to reliable sources, Chief Executive Officer and MD Ashok Vaswani has in...

 

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