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Best stock recommendations today: MarketSmith India's top picks for 9 May

New Delhi, May 9 -- Stock market today: Indian frontline indices ended in the red on Thursday, 8 May, as escalating tensions between India and Pakistan rattled investor sentiment. The market opened on... Read More


Bill Gates blasts Elon Musk over aid cuts: "he's harming the world's poorest children"

Pakistan, May 9 -- Bill Gates has strongly criticized Elon Musk for cutting U.S. development aid programs, claiming the decision puts millions of vulnerable lives at risk. In an interview with the Fin... Read More


Amid retail stress, loan write-offs surge in FY25 as banks eye low NPA ratios

Mumbai, May 9 -- India's leading banks have written off much higher value of loans in the previous fiscal (FY25) as well as in the last quarter of the fiscal compared to FY24. These write-offs have he... Read More


Are banks hiding weak asset quality with higher loan write-offs?

New Delhi, May 9 -- Mumbai: India's leading banks have written off much higher value of loans in the previous fiscal (FY25) as well as in the last quarter of the fiscal compared to FY24. These write-o... Read More


When Sunshine Becomes Water: Prakash Hinduja on Hinduja Foundation's Solar Project in Ajmer

New Delhi, May 9 -- In the sun-scorched landscapes of Rajasthan, where water scarcity has long dictated the pace of life, an innovative leap is changing the narrative. The Hinduja Foundation (philanth... Read More


Over 5,000 Delhi govt staff got 'illegal' ration cards

India, May 9 -- The Delhi government has found that more than 5,600 of its employees are wrongfully registered as beneficiaries for free and subsidised ration under the Public Distribution System (PDS... Read More


INR pares initial sharp losses; Geo-political concerns continue to weigh

Mumbai, May 9 -- The Indian rupee pared its initial losses and settled for the day higher by 17 paise at 85.41 (provisional) against the US dollar on Friday. Rupee opened on a weak note on the escalat... Read More


Sumitomo Mitsui Banking to buy 20% stake in YES Bank from SBI, others

New Delhi, May 9 -- Japanese financial services giant Sumitomo Mitsui Banking Corporation (SMBC) has agreed to buy a 20% stake in YES Bank in what would be the largest cross-border transaction in the ... Read More


Indiramma housing for all eligible journalists: Minister Ponguleti Srinivas Reddy

Hyderabad, May 9 -- Telangana Minister for Revenue, Housing, and Information & Public Relations, Ponguleti Srinivas Reddy, has announced that Indiramma houses will be allotted to all eligible journali... Read More


Centre puts merger plans on hold after trio of weak general insurers hit profit

New Delhi, May 9 -- New Delhi: The government has deferred plans to merge or privatize three public sector general insurance companies to FY27 after they posted profits, people familiar with the matte... Read More