Fino Payments Bank’s interim head Ketan Merchant stated the arrest of CEO Rishi Gupta will not affect the bank’s transition to a small finance bank. He confirmed no abnormal impact on deposits. The issue involves program managers linked to the real money gaming business. The bank continues proactive engagement with the RBI. Customer balances and...Read More

Reserve Bank of India is scrutinizing shadow banks. Several non-banking finance companies face questions regarding their policy on lending to borrowers with existing defaults. The central bank insists on a board-approved policy to justify new loans to such customers. This move aims to prevent evergreening and ensure transparency in lending practices.Read More

Indian stocks are poised for a weak opening, mirroring Asian markets amid ongoing US-Israeli attacks on Iran. The Nifty has breached key technical supports, with analysts identifying crucial zones between 24,600 and 24,300. Experts advise capitalizing on dips for long-term portfolio building, anticipating market stabilization once geopolitical anxieties subside.Read More

Foreign investors pulled out a significant $751.4 million from Indian equities on March 2, ending a strong February inflow. This reversal, driven by escalating Middle East tensions, signals a cautious near-term outlook for foreign fund flows. Despite this, overall FPI selling in FY26 has been less severe than the previous year, indicating a more measured...Read More

Despite early year market stagnation and global shocks like geopolitical unrest and AI disruption, Wall Street bulls remain optimistic for the S&P 500, targeting a 10% rise by year-end 2026. Strategists cite expected strong US economic growth and corporate earnings, believing current geopolitical tensions, including the Middle East conflict, haven’t yet impacted these fundamentals.Read More

Aluminium prices surged following QatarEnergy’s announcement to halt metal output due to supply disruptions caused by the Iran war. The state-owned producer’s decision, impacting its stake in Qatalum, has created uncertainty for regional supply. Meanwhile, copper prices experienced a notable decline in London trading.Read More

Auto components firm Sedemac Mechatronics is set to raise ₹1,087.5 crore via an offer for sale, with its promoter stake slightly decreasing. The company, specializing in electronic control units, has shown strong revenue and profit growth. However, significant customer concentration, with nearly 75% of revenue from TVS Motor Company, presents a key risk for investors.Read More

Geopolitical tensions are expected to keep equities under pressure, with sharp moves anticipated in derivative stocks. The article highlights top bullish picks like KEI Industries and Lupin, alongside bearish outlooks for LIC Housing Finance and United Spirits, as traders navigate market volatility.Read More

Kevin Warsh faces significant hurdles in delivering expected interest-rate cuts as Fed officials see no compelling reason for them, citing elevated inflation and a stabilizing labor market. Skepticism also surrounds Warsh’s vision for lower rates, based on AI-driven productivity booms and balance sheet reduction, even before his nomination.Read More

Gold loan companies expect a significant increase in demand. Record gold prices, fueled by geopolitical tensions, are driving this trend. MSMEs and individuals are likely to seek quick, collateral-backed loans. This will help manage inventory, operational expenses, and cash flow. Rising gold prices enhance borrowing capacity. Gold loans are a growing retail loan category.Read More