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2026-02-24 01:43:58| The Economic Times

IDFC First Bank's stock plummeted 16% after a 590 crore fraud was discovered at its Chandigarh branch. This incident has significantly dented its valuation multiple, shrinking its price-book ratio to 1.3. The bank faces potential pressure on its CASA deposits as the Haryana government de-empanelled it, raising concerns for other smaller lenders.


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2026-02-24 01:14:20| The Economic Times

Indian equity benchmarks rose on Monday, with the Nifty and Sensex gaining 0.6% amid mixed investor sentiment. While optimism surrounded lower US tariffs, renewed negotiation uncertainty loomed. Foreign portfolio investors were net buyers, contributing to the market's uptick, though the IT sector saw a decline.


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2026-02-24 01:10:05| BBC News | Business | World Edition

Europe lags far behind the US and China in orbital space launches, but new facilities are opening up.


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