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Rate cuts drive rally in bank stocks

Financial Express Kolkata

|

April 16, 2025

Gaining Big Bank Nifty Intra-day, Apr 15

- PRESS TRUST OF INDIA

BANK STOCKS WERE in the limelight on Tuesday, with IndusInd Bank surging nearly 7%, in tandem with a rally in the broader market.

Shares of IndusInd Bank jumped 6.84%, Axis Bank rallied 4.18%, HDFC Bank climbed 3.23% and ICICI Bank went up by 2.86% on the BSE.

FLERE HISTORIER FRA Financial Express Kolkata

Financial Express Kolkata

Auto sales to grow in double digits in Feb: FADA

THE AUTOMOBILE RETAIL momentum is set to remain strong in February, with sales likely to post another round of double-digit growth, according to Saharsh Damani, CEO of the Federation of Automobile Dealers Associations (FADA).

time to read

1 min

February 28, 2026

Financial Express Kolkata

IPL 2026 to be played from Mar 28-May 31

THE INDIAN PREMIER League (IPL) 2026 season will start on March 28, two days after what the Board of Control for Cricket in India (BCCI) had originally planned, according to ESPNcricinfo.

time to read

1 min

February 28, 2026

Financial Express Kolkata

IIT Madras's next-gen EV charging tech

RESEARCHERS AT IIT Madras have unveiled a tech breakthrough that could redefine the efficiency and lifespan of EV batteries.

time to read

1 min

February 28, 2026

Financial Express Kolkata

Fino Payments Bank CEO Rishi Gupta arrested

FINO PAYMENTS BANK MD and CEO Rishi Gupta has been arrested under the CGST and SGST Act, 2017, the lender informed the exchanges on Friday.

time to read

1 min

February 28, 2026

Financial Express Kolkata

Bank credit growth remains in 13-15% band

CREDIT GROWTH IN the banking sector continues to be in the 13-15% range, fortnightly data released by the Reserve Bank of India (RBI) on Friday showed.

time to read

1 min

February 28, 2026

Financial Express Kolkata

FY27 debt-to-GDP may rise by 140 bps

WITH THE NOMINAL GDP size shrinking for FY23-FY26 in the new series using the 2022-23 base, the Centre’s debt-to-GDP ratio will likely rise by 1.4 percentage points to 57% in FY27, compared with the budget target of 55.6%, making the debt consolidation plan challenging.

time to read

2 mins

February 28, 2026

Financial Express Kolkata

Bharat Biotech mulls ₹4,500-crore IPO

VACCINE MAKER BHARAT Biotech International is considering an initial public offering (IPO) that may raise more than ₹4,500 crore, according to people familiar with the matter.

time to read

1 min

February 28, 2026

Financial Express Kolkata

Pak bombs Afghan cities in 'open war'

TALIBAN SAY IT IS OPEN TO TALKS

time to read

2 mins

February 28, 2026

Financial Express Kolkata

Norway fund drops Adani Green

NORWAY'S $1.2-TRILLION sovereign wealth fund, the world’s largest, has decided to exclude Adani Green Energy (AGEL) from its portfolio due to concern about its alleged links to financial crime.

time to read

1 mins

February 28, 2026

Financial Express Kolkata

Amazon's daily essentials biz rising at 28% annually

AMAZON'S DAILY ESSENTIALS business is emerging as one of the company’s most important growth engines in India, both in scale and strategic value, Nishant Raman, director —Everyday Essentials, Amazon India told FE.

time to read

1 mins

February 28, 2026

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