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NEW DELHI: Fitch on Friday said it has withdrawn the ratings on Reliance Capital as the company has decided to stop participating in the agency’s rating process. “The ratings have been withdrawn as Reliance Capital has chosen to stop participating in the rating process. Therefore, Fitch will no longer have sufficient information to provide ratings…

The Indian stock market traded lower on Tuesday, with Sensex and Nifty falling up to 0.6% as tensions in the Middle East escalated, driving up oil prices. Sensex dropped more than 515 points to 77,096.34, while Nifty 50 dropped 146 points to 24,064 during Tuesday’s session. The broader market also edged lower, with Nifty Smallcap…

Bandhan Bank on Tuesday reported a 35% year-on-year rise in net profit for the first quarter, riding on sharply lower provisions while operating profit stood 19% lower on account of higher operating expenses. The net profit stood at Rs 502 crore as compared with Rs 372 crore in the year ago period, on 41% lower…

Choice International said Korea’s NH Investment and Securities will invest ₹900 crore in the company’s broking and wealth management arm. The transaction will involve NH investing in Choice Equity Broking through Compulsorily Convertible Preference Shares

Global stock markets saw a sharp downturn earlier this year, but Dalal Street has begun to show strong resilience recently. In this backdrop, PL Capital increased its Nifty 50 target to 27,019, while cautioning that the prolonged West Asia crisis and impact of the mega El Nino year can play a “spoil sport”. The Nifty…

The Employees’ Provident Fund Scheme, 2026 has introduced a significant change to the way Employees’ Provident Fund (EPF) members can access their savings during service. Unlike the earlier framework, the new scheme requires members to retain at least 25% of their accumulated EPF balance after making a partial withdrawal. This means members can withdraw only…