MUMBAI: State Bank of India has raised its credit growth target for the year after broad-based momentum lifted profitability in the Dec quarter, chairman CS Setty said at a briefing. “On the credit growth advice we had given 12 to 14% credit guidance earlier. We are revising that upwards to 13 to 15% based on…
SEC Commissioner Hester Peirce is indicating an openness to work with Wall Street on emerging exchange-traded fund products tied to cryptocurrencies and tokenization. “We want to work with people on new products,” Peirce said during an exclusive interview this week with “ETF Edge” host Dominic Chu. “It really is a come in and talk to…
Tushar Ahluwalia raises $12 million for AI venture out of stealth BENGALURU: Tushar Ahluwalia, who previously co-founded ecommerce aggregator Razor Group and consumer fashion platform StalkBuyLove, has raised $12 million for his new AI startup GeneralMind, just months after the company began operations, as it comes out of stealth to scale an autonomous workflow automation…
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Security personnel at Kartavya Path on the eve of Republic Day (PTI photo) NEW DELHI: India celebrates its 77th Republic Day on Monday, with nationwide events marking the adoption of the Constitution and highlighting the country’s cultural and military heritage.Celebrations of the 77th Republic Day at the Kartvya Path is based on the theme of…
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Check out the companies making headlines before the bell: Target — The big box retailer jumped more than 3% on better-than-expected earnings for the fourth quarter. Target earned an adjusted $2.44 per share, which topped the $2.16 per share analysts polled by LSEG were anticipating. Revenue of $30.45 billion came in just below consensus. Best…
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