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US stock: S&P 500, Nasdaq boosted by chip rally, Fed rate cut signals – Times of India

On Wednesday, the S&P 500 and Nasdaq experienced their most significant daily percentage gains since February 22nd, while the Dow also rose. This rally...

Bank loans to NBFCs slow, card & gold continue to surge – Times of India

MUMBAI: The year-on-year growth in bank credit to non-banking finance companies has decreased sharply to 8.5% as of June 2024. However, credit card outstanding...

RBI issues two-factor check norms – Times of India

RBI released guidelines for alternative authentication methods for digital payments, specifying dynamically generated options. While OTPs have been effective, new technologies offer alternatives. RBI...

June quarterly profit rises 75% to Rs 919 crore – Times of India

MUMBAI: Tata Steel's first quarterly profit zoomed 75% to Rs 919 crore as raw material costs fell, while revenue from operations declined about 8%...

ENIL domestic revenues rise 19.3% in Q1 – Times of India

MUMBAI: Radio Mirchi operator Entertainment Network India (ENIL) reported a 19.3% year-on-year increase in domestic revenues to Rs 109.4 crore in the June quarter,...

No move to mandate T+0, ASBA set to be expanded: Sebi – Times of India

MUMBAI: Sebi on Wednesday said there was no move to make T+0 settlement mandatory and chairman Madhabi Puri Buch had on Tuesday mentioned the...

Ransomware strike hits bank services: 200+ cooperative, rural banks face outage after malware attack – Times of India

MUMBAI: More than 200 cooperative and regional rural banks are experiencing outages because of a ransomware attack. Following the attack, the National Payments Corporation...

Tata Steel to infuse Rs 6,000 crore in Neelachal, PSU bought in 2022 – Times of India

MUMBAI: Tata Steel is set to invest Rs 6,000 crore in Neelachal Ispat Nigam, a metal manufacturing enterprise the T V Narendran-led company had...

Infosys under scanner for over Rs 32,000 crore GST evasion – Times of India

BENGALURU: Infosys is under the Directorate General of GST Intelligence (DGGI) scanner for the alleged evasion of over Rs 32,400 crore GST from July...

Fed hints at rate cut as inflation nears 2% target, keeps rates steady at 5.25% – 5.50% – Times of India

The Federal Reserve on Wednesday indicated that progress has been made towards its 2% inflation target, hinting at a potential rate cut—the first in...

India’s Infosys gets 324 billion rupees tax demand – Times of India

BENGALURU: India's second-largest IT services company Infosys has received a goods and services tax demand of 324.03 billion rupees ($3.87 billion) from an Indian...

Boeing names Ortberg as CEO to revive embattled planemaker – Times of India

Boeing Co appointed Kelly Ortberg as its next chief executive officer, entrusting a retired veteran of the aviation industry with one of the most...

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