Business
Sales plunge to dent auto dealers’ credit metrics this fiscal
Two consecutive years of double-digit decline in sales volume and a 50-100 basis points (bps) moderation in already thin operating profitability are expected to...
SBI reduces MCLR by 5-10 bps in shorter tenors
State Bank of India (SBI) on Wednesday announced reduction in its marginal cost of funds-based lending rates (MCLR) on loans by 5-10 basis points...
Instagram brings TikTok-like short videos to India with ‘Reels’
With the ban on TikTok creating a huge vacuum for the 15-second videos in the Indian Internet space, Facebook-owned Instagram on Wednesday announced the...
Amid volatility equity indices shed gains to turn flat (Ld)
The key Indian equity indices shed initial gains to trade on a flat note on Wednesday morning in a largely volatile trade so far.
The...
HDFC Bank cuts interest rates on loans by 20 bps
The HDFC Bank has reduced the marginal cost of funds-based lending rates (MCLR) on loans across tenors by 20 basis points with immediate effect.
Following...
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