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About 20% of all active credit-card customers in India are in the highest category of creditworthiness, according to TransUnion Cibil.Any financing that’s secured by collateral — steel mills, textile factories, power plants, roads or…

During times of uncertainty in markets, small stocks are more prone to heavy selling pressure. (File photo)Smallcap and midcap indices of the BSE have tumbled up to 15.42 per cent so far this fiscal, taking bigger hit when compared to…

The Goldman Sachs economics team "almost at times looks like the Democratic opposition," Hassett told CNN's Poppy Harlow on Tuesday.The comment came after Harlow asked Hassett about a Goldman Sachs research report warning that a 25% US…

General Electric, once America's most valuable company, is now in sharp decline. In a year full of dubious landmarks, GE has encountered another: The storied conglomerate is now worth less than $100 billion. That hasn't…

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NEW YORK (Reuters) - Investment firm VanEck and financial technology company SolidX Management LLC will sell shares in their bitcoin trust to “qualified institutional buyers,” the companies said on Tuesday, in a move aimed at further…

An added benefit to the Bharat Fibre plan is that if a user exhausts his/her 33GB data for the day then the speed will drop to 4Mbps for the day, which better than 1Mbps that BSNL used to give out earlier.BSNL, one of the fastest…

The RBI’s recent circular has mandated the banks to link all the floating loans to retail customers and MSMEs to an external benchmark from October 1.Even as RBImade it mandatory for banks to link all floating loans to external…

Coal India shares were the biggest gainers in Nifty PSE Index ending 7.3% higher at Rs 195.45 on NSE.PSU stocks ONGC, Coal India, BPCL, IOC ended up to 7% higher on Thursday even as the headline indices Sensex and Nifty saw another tepid…

Barely 24 hours after Culp became CEO, S&P Global Ratings downgraded the credit ratings of GE (GE) and GE Capital. Moody's and Fitch warned they could do the same.All three ratings firms cited GE's elevated leverage and shrinking…