Stocks in Asia are down, but oil companies are having a great year.

Economy
Dec. 30, 2021, 12:02 p.m.

On a quiet Thursday, Asian stocks remained flat as the Omicron spread clouded what is the last trading day of the year for many exchanges, while oil was on the verge of closing 2021 with gains of more than 50%.

Will the Nifty50 ever cross critical hurdles? Trade setup for December 30: Will the Nifty50 ever cross crucial hurdles? Before Thursday's session, take a look at the market cues.

Economy
Dec. 30, 2021, 11:54 a.m.

On Wednesday, Indian market indexes finished a bumpy day marginally lower, as gains in pharma and auto companies were offset by losses in financial and IT stocks.

The rate of problematic loans in banks might reach 9.5 percent by September 2022, according to the RBI.

Economy
Dec. 30, 2021, 11:25 a.m.

According to the RBI's Financial Stability Report, gross nonperforming assets (NPAs) in banks will rise to 8.1 percent of total assets by September 2022, up from 6.9 percent in September 2021 under a baseline scenario and 9.5 percent under a severe stress scenario.