Finance

In a significant development for millions of digital payment users, the Indian government is reportedly considering delaying the implementation of the Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000. This potential deferment comes as a welcome relief, especially with the crucial ... Read full article.

Two new players, Nitya Gems and Jewellery and Vishal Nirmati, stepped onto the stock market today, marking the official close of the September quarter IPO season. It was a day of mixed fortunes for the new entrants, with one shining bright and the other facing a challenging start. Nitya Gems and ... Read full article.

India's central bank, the Reserve Bank of India (RBI), has announced its first interest rate hike since February 2023, raising the repo rate by 25 basis points (bps) to 5.50%. This significant move comes after the central bank had maintained a status quo on the repo rate for its last four reviews, ... Read full article.

The S&P 500 achieved a remarkable milestone this Tuesday, hitting a new all-time intraday record of 7844.52. This surge not only surpassed its previous August 13 peak of 7,830 but also saw the benchmark close above 7,800 for the first time ever. This record-setting rally comes as a defiance ... Read full article.

Jio Platforms, the digital arm of Reliance Industries, is gearing up for what could be India's largest-ever initial public offering (IPO), targeting an impressive $114 billion (approximately Rs 11 lakh crore) valuation. The highly anticipated share sale is expected to open around October 21, aiming ... Read full article.

The Reserve Bank of India (RBI) is expected to announce its latest monetary policy decision on October 7, and economists are widely predicting a 25 basis point (0.25%) increase in the repo rate. This move, if it happens, would take the current repo rate from 5.25% to 5.50%, potentially ushering in ... Read full article.

Despite surging Treasury yields hitting multi-year highs, the stock market's major indexes are continuing their upward climb, a phenomenon CNBC's Jim Cramer attributes to the outsized influence of a select group of artificial intelligence powerhouses.On Monday, the Nasdaq Composite soared to a ... Read full article.

Shares of FSN E-Commerce Ventures, the parent company of popular beauty and fashion retailer Nykaa, experienced a significant surge, rising 4.12% to Rs 338.35 in Monday's trading session. This uplift followed the company's robust Q2 FY27 update, which highlighted continued strong growth momentum ... Read full article.

A significant corporate battle is brewing at Tata Sons, the holding company of the vast Tata Group, centered around the Reserve Bank of India’s (RBI) compliance norms, specifically the requirement for it to list publicly. This internal struggle has taken on a fascinating new dimension with the ... Read full article.

The football world is buzzing following the verdict against Manchester City for financial rule-breaking, a decision the club is appealing. Central to the discussion is the staggering amount of money Manchester City poured into the transfer market, leading many to ask: where did all that cash ... Read full article.

A terrifying incident in Solihull saw a businessman brutally attacked with hammers by masked intruders who threatened to kill his heavily pregnant wife’s baby if he didn't transfer hundreds of thousands of pounds in cryptocurrency. The "horrific" ordeal, described by the anonymous couple, ... Read full article.

Former President Donald Trump is once again targeting Federal Reserve Chair Jerome Powell, demanding his "forced" resignation from the Fed's Board of Governors. This call comes in the wake of a new watchdog report that uncovered significant cost overruns and management failures in the renovation of ... Read full article.

Indian equity markets are currently facing significant headwinds as rising U.S. bond yields reach a 24-year high, creating a challenging environment for investors. This surge in bond yields is a major concern, as it tends to attract global capital away from emerging markets like India, leading to ... Read full article.

The Indian insurance landscape is bracing for significant changes as the Insurance Regulatory and Development Authority of India (IRDAI) moves forward with its proposed reforms for insurance distribution. While IRDAI aims to enhance policyholder protection, increase transparency, and curb ... Read full article.

India's Initial Public Offering (IPO) market has defied broader equity struggles, raising a staggering $9 billion in the third quarter of 2026. This impressive figure pushes the year-to-date fundraising past $13 billion, indicating a robust investor appetite even as major indices face ... Read full article.

Apple Pay has officially made its debut in India, with Axis Bank leading the charge as its initial banking partner. This highly anticipated move brings Apple's payment service to the world's most populous country, a market largely dominated by the state-backed Unified Payments Interface (UPI). The ... Read full article.

The Securities and Exchange Board of India (SEBI) has brought a resolution to the much-watched Minimum Public Shareholding (MPS) norm violation case, clearing prominent figures Gautam Adani and Vinod Adani of the accusations. This decision comes after a thorough investigation into the shareholding ... Read full article.

Siddhartha Khemka, a leading expert from Motilal Oswal Financial Services, has shed light on the Nifty's potential trajectory for the remainder of the year and into Financial Year 2027. His insights come at a crucial time when the market is navigating weak earnings growth, persistent selling by ... Read full article.

Omara Jewellery, operating under Omara Ventures India Limited, is gearing up to launch its Initial Public Offering (IPO), aiming to raise approximately ₹41.99 crore. This eagerly anticipated event is set to open for subscription on September 30, 2026, and will close on October 5, 2026. Investors ... Read full article.

India's insurance landscape is buzzing with uncertainty following the Insurance Regulatory and Development Authority of India's (IRDAI) proposed changes, which have already triggered a sharp sell-off in insurance and banking stocks. These regulatory adjustments, particularly focusing on commission ... Read full article.

The Indian primary market is experiencing an unprecedented rush this week, with nearly a dozen Initial Public Offerings (IPOs) opening for subscription. These issues are collectively looking to raise significant capital, reflecting a vibrant yet cautious investor sentiment.Among the prominent ... Read full article.

The Indian government is poised to usher in a new era for foreign investment, with the Ministry of Finance having finalized a new framework for its model Bilateral Investment Treaty (BIT). This crucial development, confirmed by a senior government official, signals India's intent to become a more ... Read full article.

The Bharatiya Janata Party (BJP) made a colossal financial outlay during the recent Bengal assembly elections, dedicating a staggering ₹287 crore to its campaign in the state. This significant expenditure represents more than half of the party's total spending across five states where elections ... Read full article.

The financial world is abuzz with growing concerns as the 10-year Treasury note yield continues its rapid ascent, reaching levels not seen in years. This sharp rise is not just a statistical anomaly; history suggests it could be a harbinger of significant financial disruption. According to ... Read full article.

The Bharatiya Janata Party (BJP) reportedly channeled a substantial ₹287 crore into the West Bengal assembly elections, an amount that startlingly exceeds half of its total election expenditure across five states. This significant outlay, revealed through filings with the Election Commission, ... Read full article.

PB Fintech, the parent company of popular insurance aggregator Policybazaar, witnessed a massive sell-off in its shares today, with prices plummeting as much as 32 percent. This sharp decline wiped out approximately ₹22,700 crore from its market capitalization, leaving over 1.42 lakh retail ... Read full article.

New Delhi, In a significant move to mitigate potential disruptions, central government employees and pensioners are set to receive their salaries and pensions for September earlier than usual. The Finance Ministry has issued instructions for these payments to be credited by September 25, just days ... Read full article.

India's digital payment ecosystem continues to capture global attention, with the Unified Payments Interface (UPI) cementing its position as one of the world's largest instant-payment systems. In a remarkable feat, UPI processed an astonishing 23.2 billion transactions in May 2026 alone, ... Read full article.

The National Stock Exchange (NSE) has marked a significant milestone with its market debut, drawing considerable global attention to India's burgeoning financial landscape. This move positions the NSE, already the country's largest exchange, to potentially capitalize on India's robust long-term ... Read full article.

The National Stock Exchange of India Ltd. (NSE) has officially joined the ranks of the country's most elite companies, breaking into the top-10 most valued firms by market capitalization. This landmark achievement comes after a robust performance of its shares, which surged over 5% during intraday ... Read full article.

Indian equity markets experienced a dramatic downturn on Thursday, with benchmark indices Sensex and Nifty plummeting amidst weak global cues and rising US bond yields. The Sensex closed down a significant 1,247.71 points, or 1.67%, settling at 73,580.54, while the Nifty 50 also saw a sharp decline ... Read full article.

Several prominent figures in India's investment landscape, including Sunil Munjal, RK Damani, Raamdeo Agrawal, Dolly Khanna, and Kris Gopalakrishnan, have been identified as major beneficiaries from the National Stock Exchange (NSE) Initial Public Offering (IPO). Their substantial stakes in the ... Read full article.

The Non-Banking Financial Company (NBFC) sector is attracting significant attention from top global financial institutions, with recent analyses highlighting positive outlooks for key players like Bajaj Finance. UBS, a prominent global bank, has notably upgraded its rating on Bajaj Finance to ... Read full article.

Indian stock markets are often a rollercoaster, and recent weeks have certainly shown their volatile nature. While some investors might be feeling the pinch, especially with Polycab India shares sliding 17% from their June peak, leading financial firm Jefferies is maintaining a surprisingly bullish ... Read full article.

Indian IT stocks, including major players like Infosys, Wipro, and Coforge, experienced significant drops on Monday, with Oracle Financial Services Software (OFSS) leading the decline with a fall of over 7%. This downturn occurred despite an otherwise positive market sentiment, highlighting ... Read full article.

Apple Pay, the tech giant's popular mobile payment service, is reportedly gearing up for its highly anticipated launch in India next month, specifically October 2026. This move marks Apple's latest push into one of the world's largest and fastest-growing economies, aiming to capture a share of its ... Read full article.

The landscape of India's digital payments is set for a significant shift as new transaction fees on Unified Payments Interface (UPI) payments come into effect. From October 15th, a 0.4% fee will be levied on transfers exceeding ₹2,000 when made to merchants via UPI platforms. This move has sparked ... Read full article.

The Delhi government has officially commenced the preliminary work for its 2027-28 budget. This crucial process involves all government departments, which have been instructed to submit their detailed proposals by mid-October. This early start aims to ensure a thorough and well-planned financial ... Read full article.

A proposed 0.4% merchant fee on select Unified Payments Interface (UPI) transactions exceeding ₹2,000 has plunged India into a heated political and economic debate. The move has sparked a major showdown, with the Congress party and its leader, Rahul Gandhi, branding it a "Modi Tax" and demanding an ... Read full article.

India's capital markets are witnessing a significant event today as the National Stock Exchange (NSE) opens its Initial Public Offering (IPO) for subscription. This comes amidst a broader IPO boom in the country, with new-age businesses and major listings continually reshaping the primary market ... Read full article.

Hold onto your wallets! The Federal Reserve has once again raised its benchmark interest rate, marking another significant move in its ongoing battle against inflation. This quarter-percentage-point hike might seem small, but its ripple effects will be felt across various aspects of your personal ... Read full article.

India's premier stock exchange, the National Stock Exchange (NSE), has made history with its landmark initial public offering (IPO) valued at a staggering ₹22,562 crore. This monumental event is not just a financial milestone but a testament to the exchange's growing influence and strategic ... Read full article.

N. Chandrasekaran has been reappointed as the Chairman of Tata Sons for another five-year term, a decision that has sent positive ripples through the market and notably boosted shares of several Tata Group companies. This key announcement was a central focus of the recent Tata Sons board meeting, ... Read full article.

Ending nearly six years of completely free digital transactions, the Indian government has announced a new fee on UPI payments. From October 15, a 0.4% charge will be levied on transfers exceeding ₹2,000 made to merchants through the popular Unified Payments Interface (UPI). This move, announced ... Read full article.

A significant cryptocurrency bill, known as the Clarity Act, has failed to pass in the Senate, delivering a major blow to the digital asset industry and Republican lawmakers, including former President Donald Trump, who championed the legislation. The measure fell short by 10 votes, securing only ... Read full article.

Indian stock markets are currently navigating a turbulent global landscape, with investors exhibiting heightened caution. Key factors driving this unease include surging crude oil prices, elevated US Treasury yields, and the anticipation surrounding the upcoming US Federal Reserve decision. Gaurav ... Read full article.

Get ready for some significant changes in how you use UPI for higher-value transactions! From October 15, a new Merchant Discount Rate (MDR) framework will kick in, impacting payments over ₹2,000. This move by the Ministry of Finance aims to streamline and support the digital payments ecosystem, ... Read full article.

A significant cryptocurrency bill, championed by former President Donald Trump, has failed to advance in the U.S. Senate, delivering a notable blow to the digital asset industry and Republican lawmakers who had tirelessly advocated for its passage.Known as the Clarity Act, this comprehensive ... Read full article.

China is tightening its grip on its most valuable assets: money and human talent. New border control regulations implemented by Beijing are creating significant hurdles for wealthy citizens and skilled tech professionals seeking to leave the country, with private bankers and individuals alike ... Read full article.

Indian Information Technology (IT) stocks are experiencing a significant resurgence, with the Nifty IT index jumping a robust 5% in early trade. Major players like Tata Consultancy Services (TCS), Infosys, HCL Technologies, Tech Mahindra, LTIMindtree, and Mphasis have all seen their shares climb, ... Read full article.