Poonawalla Fincorp launches gold loan business, plans 400 new branches

The new product targets individuals and small businesses looking to meet expenses such as business expansion, farming costs, or personal needs.

The new product targets individuals and small businesses looking to meet expenses such as business expansion, farming costs, or personal needs.

The Nifty 50 Index climbed as much as 2.4% on Tuesday, April 15, surpassing its closing level on April 2, making India the first major equity market globally to erase the tariff-induced losses. A broader gauge of Asian equities is…

The RBI’s proposals aim to link the borrower’s repayment capacity to the approved loan amount. They also offer clarity on how lenders must calculate the loan-to-value (LTV) ratio.

As per the details, the contract involves Civil Core & Shell Works for the project in Bandra, Mumbai.

Even with the lower target, this implies a 9% potential upside from the current levels by the end of December 2025.

The Nifty 50 climbed 502 points, or 2.2%, to close at 23,329, while the S&P BSE Sensex jumped 1,578 points, or 2.1%, ending at 76,735. The broader rally pushed up the market capitalisation of BSE-listed firms by ₹11 lakh crore…

Hermès International SCA’s valuation reached €243.65 billion ($276.3 billion) on Tuesday, briefly crossing the €243.44 billion of LVMH Moët Hennessy Louis Vuitton SE and catapulting it into the most valuable company on France’s benchmark CAC40 index.

According to a regulatory filing with the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE), the board will also be considering the recommendation of a dividend, if any, on equity shares for the financial year concluded…

Shares of Bharti Airtel rose as much as 3.45% intraday before trading at ₹1,800.70, up 2.47%, on the BSE at 2:29 pm.

Manish Chokhani, Director at Enam Holdings, says the banking sector is leading this market cycle and is set to be a major wealth creator.