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The Australian dollar earlier bolted higher after its central bank reiterated further increases would be needed, while the yen gained after an unusually strong Japanese wage data

Its net interest income rose by 38% at Rs 567 crore. Total income grew by 32% at Rs 910 crore. Impairment of financial instruments dipped by 24% at Rs 89.4 crore. Pre-provision operating profit increased by 38.7% year-on-year at Rs 380 crore

The company has also appointed a new chief financial officer in Shinu Mathai who will take over the position from March 1. Apart from the role of CFO, Mathai will also carry out the duties as the compliance officer for the company

The viral success of ChatGPT has turned the spotlight on AI on Wall Street, reminiscent of the blockchain hype from a few years ago when shares of companies remotely associated with the technology surged

The volatility gauge ending lower in trade is another indication that traders haven’t taken any aggressive bets in the run-up to the policy. India VIX, often termed as the ‘fear gauge’, ended nearly 4% down at 14.1250 points

Virtue of spending meticulously, in pockets which provide maximum multiplier is something the FM has shown in Budget 2023, just like the careful spending towards pandemic led stimulus a couple of years back. Even while checking all the right boxes, we have reduced our fiscal deficit

The board, at its meeting today, approved allotment of 16,133,184,899 equity shares of face value of Rs 10 each at an issue price of Rs 10 per share, aggregating Rs 161,331,848,990 to the Department of Investment & Public Asset Management, Government of India (acting through President of India),” Vi said in BSE filing late Tuesday evening

Niranjan Gupta, Chief Financial Officer (CFO), Hero MotoCorp, said “We have started recovering our market shares and expect this journey to continue backed by exciting launches lined up over next few quarters, especially in the premium segment. This, coupled with our renewed focus on savings programme should also help in improving our margin profile going forward

The guidelines, to be effective from April 1, 2023, have come against the backdrop of increasing interest in sustainable finance in India as well as around the globe, and with a view to aligning the framework for green debt securities with the updated Green Bond Principles (GBP) recognised by IOSCO

The stock traded at a P/E multiple of 9.89, while the price-to-book value ratio stood at 1.18.