New Delhi: Global technology companies are struggling with the influence of Chinese Artificial Intelligence (AI) Open Source large language model Deepcik. But Indian technology companies and startups are surprisingly silent on this achievement of China. Industry experts and analysts believe that the achievements of DeepCic make AI accessible to all …
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Pressure on the margins of banks in the country due to slow down increase in debt growth among high interest rates
Mumbai: Slow loan increase between high interest rates is putting pressure on the margin of the country’s banks. S&P Global has estimated that the total debt growth of India’s six largest private and public sector banks will slow down to 12.30 percent in the current financial year. The debt growth …
Read More »Industries hope for simplification of tax system in budget
Mumbai: In pre -budget survey conducted by the Industries Bodies Federation of Indian Chambers of Commerce and Industry (FICCI), most industries are expected to simplify the tax system and to encourage to use safe technology for the natural environment. Apart from this, the industries are also expecting that the Finance …
Read More »Tension on unsafe retail debt will be a challenge for banks in 2025
Mumbai: Fitch Ratings warned that increasing tension in unsafe retail portfolio can create a challenge for the property quality of banks in the country in 2025. While the ratio of bad loans in the banking sector is decreasing, new bad loans are likely to increase significantly. Although the NPL ratio …
Read More »Sensex rose 632 points to 76533
Mumbai: Before the Union Budget, there is a boom in shares again. Today, for the second consecutive day, aggressive purchases were seen in shares. Technology shares declined after US President Donald Trump once again threatened to threaten to impose heavy tariffs on several countries including India, China and launching a …
Read More »1 bonus share announcement and record date close
sneha maurya 55 minutes ago Business Shares of Redtape remain a topic of discussion in the market these days. The company has recently announced the issue of bonus shares in the 3: 1 ratio, and now its record date is also …
Read More »10% rise and big contract
The stocks of Smallcap company VA Tech Wabag have gained tremendous boom. Shares of VA Tech Wabag, the leading player in the water technology segment, closed more than 10% in BSE at Rs 1342.10 on Wednesday. This increase is due to getting an important contract. Veteran investor Rekha Jhunjhunwala has …
Read More »Bounce will continue in 2025 also
sneha maurya 26 minutes ago Business There is a stir in the IPO market, and the same trend is expected to remain in 2025. In the first month of January, 24 companies have made their debut on Dalal Street, and an …
Read More »Changes in policy required for India’s GDP growth: Moody’s Analytics report
sneha maurya 10 minutes ago Business According to Moody’s Analytics, India will have to change its fiscal and monetary policy to achieve 6.4 percent GDP growth in 2025 amidst the fall in rupee, declining foreign investment and unstable inflation. The analyst …
Read More »Decline in profit, but increase in income
sneha maurya 16 seconds ago Business Jindal Stainless Limited (JSL) has released the results of the third quarter of FY 2024-25 (Q3 FY25) on Wednesday, 29 January. The company’s net profit fell 5.35% to ₹ 654.27 crore in the December quarter, …
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