The Reserve Bank of India is considering new rules for urban cooperative bank licenses. Credit societies meeting strict financial and operational standards may qualify. This move aims to strengthen the sector. The proposal seeks to reopen licensing after a long pause. Only large, well-managed entities will be considered for conversion. Governance standards will align with...Read More

Foreign investors are holding back on India due to shifts in the US-India relationship, according to Barclays’ Ajay Rajadhyaksha. Despite this, India is viewed positively for stability and growth. Rajadhyaksha also discussed the sustainability of the AI rally and sees potential in base metals and large US tech firms.Read More

The Reserve Bank of India’s 3-year dollar-rupee buy-sell swap witnessed robust demand, attracting bids of $29.9 billion against a notified amount of $10 billion. The cutoff premium surged to 728 paise, reflecting increased pressure on the rupee compared to the previous year. This higher premium indicates a greater cost for the RBI to purchase dollars.Read More

Technical indicators reveal a weakening undertone in India’s top 500 shares, with a majority trading below key moving averages. This broad-based weakness, exacerbated by trade deal uncertainties and global concerns, suggests sellers are dominating across sectors. While oversold conditions may present buying opportunities for quality stocks, a decisive upward trend is not yet anticipated.Read More

ICICI Prudential Life Insurance saw a significant 20% jump in its third-quarter net profit, reaching ₹390 crore. This growth was fueled by robust investment income and better margins after recent GST reforms on life insurance products. The company’s nine-month profit also climbed 24%. The value of new business margin improved, and assets under management grew.Read More

ICICI Lombard General Insurance saw its net profit drop by 9% in the December quarter. This decline was influenced by an increase in claims and a weaker underwriting performance. Despite this, the company’s gross direct premium income grew by 13.3%. The combined ratio, a key profitability indicator, worsened.Read More

CEOs from top ​Wall Street banks JPMorgan Chase and BNY voiced support for the independence of ⁠the U.S. Federal Reserve on Tuesday, days after the Trump administration opened a criminal investigation into Fed Chair Jerome Powell.Read More

JPMorgan Chase said Tuesday that its fourth-quarter profits rose 9% on an adjusted basis, as the bank continues to benefit broadly from a strong economy in both its consumer and investment banking divisions.Read More

Indian markets turned cautious on tariff concerns and are expected to consolidate in a narrow range. Analysts recommend Oil India, MRPL, Thyrocare and PVR Inox, citing bullish reversal patterns, improving momentum and favourable technical indicators for short-term gains.Read More

Indian equities ended lower after a sharp intraday reversal, as global trade concerns, rising crude prices, weak rupee, FII outflows and cautious earnings outlook erased early gains despite supportive inflation data and resilient small-cap performance.Read More