Public Sector Banks: Bad debt of PSBs at lowest levels in many decades: Government

Public Sector Banks: Bad debt of PSBs at lowest levels in many decades: Government

NEW DELHI: Government on Tuesday said that public sector banks are in good financial health, reporting significant improvement in balance sheets , high levels of profits and bad debt at lowest levels in several decades.“Further, public sector banks have recorded sustained credit growth across different sectors of the economy,” minister of state for finance Pankaj…

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Gold, Silver Rate Today Live Updates: Bullion slips as Fed decision, stronger dollar keep traders cautious

Gold, Silver Rate Today Live Updates: Bullion slips as Fed decision, stronger dollar keep traders cautious

Gold Rate Today: Analysts point to caution ahead of Fed decision Market experts said investor caution remained the dominant theme in bullion markets. Saumil Gandhi, Senior Analyst – Commodities at HDFC Securities, said gold retreated from the previous session’s gains as traders awaited the Federal Reserve’s policy outcome. Analysts believe that even if the central…

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Bitcoin falls to $63,000 as Fed uncertainty, crypto bill delays fuel sell-off; analysts see bottom forming

Bitcoin falls to $63,000 as Fed uncertainty, crypto bill delays fuel sell-off; analysts see bottom forming

Bitcoin price falls to a 10-day low amid market pressure. Bitcoin (BTC) dropped more than 2% on Tuesday, falling to just above $63,000 per token, marking its lowest level in about 10 days. The world’s largest cryptocurrency has struggled to regain momentum after months of weakness, with traders watching several factors that could decide its…

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Why MU, AMD, Intel and SNDK stocks suddenly slumped — experts explain what’s behind the sell-off

Why MU, AMD, Intel and SNDK stocks suddenly slumped — experts explain what’s behind the sell-off

Chip and memory stocks saw heavy selling during Tuesday’s opening trading session. Shares of several major companies dropped between 4% and 15% in early trade. The companies that fell included Micron Technology (MU), SK Hynix (SKHY), Advanced Micro Devices (AMD), Intel (INTC), Seagate Technology (STX), Western Digital (WDC), SanDisk (SNDK) and other companies in the…

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