23-08-2025
The Securities and Exchange Board of India (Sebi) has raided the Karjat-based trading academy of Pune finfluencer Avadhut Sathe, as part of a widening crackdown on unregistered market educators, reported ET Now.
23-08-2025
The gross non-performing assets (NPAs) of banks fell sharply in the first quarter of FY26, reflecting an improvement in overall asset quality, according to a report by Care Edge Ratings. The report said that the gross NPA (GNPA) ratio also showed an improvement, falling to 2.3 per cent in Q1FY26 compared to 2.7 per cent a year ago.
23-08-2025
The Indian equity markets closed in the red on Friday, ending a six-session winning streak and erasing gains accumulated over the past three days. The 30-share BSE Sensex lost 693.86 points to settle at 81,306.85.
23-08-2025
The central board of the Reserve Bank of India has nominated Executive Director Indranil Bhattacharyya as an ex-officio member of the Monetary Policy Committee. Bhattacharyya will be the third RBI official in the MPC, replacing Executive Director Rajiv Ranjan, who is scheduled to retire before the October meeting of the rate setting panel.
23-08-2025
The intended private capital expenditure (capex) for FY26 is significantly lower than the numbers of FY25, and may decline further amid the impact of US tariffs, according to a report by the State Bank of India (SBI). The report highlighted that while government spending has been driving growth, the economy now urgently needs private sector participation to sustain momentum.
23-08-2025
Fed Chair Jerome H. Powell on Friday said inflation had moved much closer to the central bank’s objective, and the labour market had cooled from its formerly overheated state.“Upside risks to inflation had diminished. But the unemployment rate had increased by almost a full percentage point, a development that historically has not occurred outside of recessions,” Powell said.