China reported this week that factory deflation persisted into a 33rd month in June, with the producer price index falling ...

The sale is part of SBI’s broader plans to support loan growth, strengthen its balance sheet and meet regulatory requirements.

The largest IT firm has grown better than Infosys in FY25. But HSBC expects the growth to converge for both companies in FY26. TCS would announce its Q1 results later in the day.

State Bank of India is planning a share sale worth Rs 25,000 crore to institutional investors, potentially starting next week. If fully subscribed, it would be the largest QIP in India, surpassing ...