Business

Public sector banks have demonstrated stronger performance and resilience recently, with credit growth surpassing that of private banks, Financial Services Secretary M Nagaraju said on Tuesday. He attributed the trend to improved due diligence, enhanced credit underwriting standards, and better monitoring of project loans.Speaking at the inauguration of Punjab & Sind Bank’s MSME Sports Cluster…

The Indian rupee fell 13 paise to close at an all-time low of 88.81 against the US dollar on Tuesday, pressured by weak domestic equities and a firm dollar amid global risk-off sentiment, according to market sources.Forex traders said foreign fund outflows amid risk-averse global conditions further dented investor sentiment. However, a drop in crude…

LG India MD Hong Ju Jeon (Screengrab-PTI) LG Electronics India made a striking debut on the National Stock Exchange (NSE) and BSE on Tuesday, but it was managing director Hong Ju Jeon’s decision to deliver his entire speech in Hindi that stole the spotlight.Jeon, who took charge as MD of LG Electronics India in January…

LG IPO performance stands as the most impressive among Indian offerings exceeding one billion dollars since 2021. (AI image) LG Electronics India on Tuesday had a stellar listing on the stock exchanges NSE and BSE, debuting at a whopping premium of 50% above its share price issue. Trading commenced at Rs 1,715 on BSE and…

Wall Street stocks slipped in early trading on Tuesday as trade tensions with China resurfaced, putting pressure on major indices. The S&P 500 fell 1 per cent, the Dow Jones Industrial Average slipped 383 points or 0.8 per cent, and the Nasdaq composite shed 1.5 per cent as of 9:57 a.m. Eastern time, AP reported.The…

MUMBAI: NPCI International Payments (NIPL), the overseas arm of NPCI, has signed an MoU with NTT DATA Japan to enable UPI acceptance across merchant locations in Japan. The partnership aims to simplify digital payments for Indian tourists and deepen cross-border payment collaboration between India and Japan.NTT DATA Japan operates CAFIS, the country’s largest card payment…

Silver prices soared Rs 6,000 on Tuesday to touch a lifetime high of Rs 1,85,000 per kilogram (inclusive of all taxes), extending their winning streak to the fifth straight session, according to trade data.The white metal had closed at Rs 1,79,000 per kg in the previous session. Traders attributed the sharp rally to strong festive…

JPMorgan is hiring as part of its ambitious $1.5 trillion US “resiliency” plan, CEO Jamie Dimon announced on Monday.The bank is looking for financial specialists in defence, energy, artificial intelligence, and advanced manufacturing to help build an investment team. This team will deploy $10 billion in capital before the bank involves its bankers.“If you think…

Who knew spotting a dirty toilet at a national higjway could help you earn Rs 1,000.While it may sound odd, the news is very much real! With NHAI’s new scheme you can now hit the highway, click a dirty toll toilet, and the money goes straight to your FASTag account.The National Highways Authority of India…

Wholesale price inflation (WPI) eased to 0.13% in September, driven by lower prices of food articles and manufactured goods, according to government data released on Tuesday. The reading compares with 0.52% in August and 1.91% in the same month last year.“The positive rate of inflation in September 2025 is primarily due to an increase in…