Wednesday, June 17, 2026

Business

MFI portfolio shrinks 17% in FY24, shows signs of stabilization in Q4

Mumbai: Microfinance lenders showed early signs of stabilisation in the March 2026 quarter, even as the industry’s portfolio shrank sharply from a year earlier and legacy...

Jio’s $4 billion IPO may be just days away: Here’s what to expect

Reliance Jio Infocomm is reportedly close to filing draft papers for its long-awaited $4 billion...

Taking lessons from China: Why India may ask refiners to maintain significantly larger crude oil inventories

If refiners are ultimately required to raise their stock levels to cover about 30 days of...

Gold price prediction today: Why gold prices will continue to find support in near-term; check June 17, 2026 outlook

Despite the improvement in sentiment, gold remains highly sensitive to incoming macro data and policy expectations....

Not designed to replace the world: Evan Spiegel underlines Snap’s SPECS premise

Smart eyewear, though it remains debatable whether they’d prefer to be called ‘AI glasses’, is poised to...
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Loans outrun deposits, margins dip

MUMBAI: Indian banks are navigating a paradox where credit growth is outstripping deposit growth but margins are under pressure. On paper,...

Novartis seeks to deepen India innovation play

NEW DELHI: Swiss pharma major Novartis is sharpening its strategy in India as a pure-play innovator across core therapy segments, including...

Noel Tata part of 3-1 vote against Srinivasan, Singh at Tata edu trust

MUMBAI: Noel Tata has voted against the reappointment of Venu Srinivasan and Vijay Singh as trustees of Tata Education and Development...

CCI to probe Pernod Ricard, seven others

The Competition Commission of India has ordered a detailed probe into French spirits giant Pernod Ricard and seven other entities for alleged...

Crude likely to stay high: ADB economist

NEW DELHI: Crude oil prices are likely to stay higher for longer due to the disruption caused by the longer-than-expected Middle...

Gen Z: Accountsmaxxing? Decoding Gen Z’s chaotic yet genius approach to finance

“Beta, paise ped par ugte hain kya?”Almost every Gen Z has heard this at least once, whether while ordering that expensive...
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