TSC India Ltd, a Punjab-based B2B travel management company, opened its SME IPO on July 23, 2025, aiming to raise approximately ₹25.89 crore through a price band of ₹68–₹70 per share. As subscription crosses 1.7× on Day 2, strong retail demand signals optimism, even as the...
In a significant development in India’s NBFC space, a Delhi-based venture capital firm has increased its stake in LIC Housing Finance Ltd (LIC HFL), a leading housing finance company backed by India’s largest insurer, Life Insurance Corporation (LIC). The strategic stake hike signals growing investor confidence...
Bajaj Finance Ltd., one of India’s most closely tracked non-banking financial companies (NBFCs), posted its Q1 FY25 earnings, triggering a mild market correction despite reporting double-digit growth. While topline performance was solid, analysts flagged concerns over net interest margins (NIMs) and asset quality metrics, leading to...
As the 2024 U.S. elections draw closer, the potential return of Donald Trump-era tariffs is once again making headlines. With Federal Reserve Chairman Jerome Powell signaling caution on rate cuts, and the dollar showing signs of depreciation, global investors are increasingly worried about the implications for...
The Reserve Bank of India (RBI) has signaled that monetary policy transmission is occurring more effectively across the financial system, bolstering the case for a potential rate cut in the coming months. New RBI data shows that the weighted average lending rates (WALR) on fresh rupee...
India has not seen the entry of a new universal bank since 2016, raising critical questions about the Reserve Bank of India’s (RBI) stance on licensing policy. While the economy has evolved significantly in the past decade—with digital finance, fintech, and private capital reshaping financial services—the...
A new cyber threat has emerged in the form of Coyote malware, a stealthy banking trojan that targets Windows users in India. This malicious software uses Windows UI Automation tools—typically designed for accessibility features—to hijack sensitive user information, especially online banking credentials. Background The malware was...
In a pivotal move that could reshape the contours of fintech lending in India, Paytm has exited the Digital Lending Guarantee (DLG) model, signaling a deeper strategic shift in its lending philosophy. The development comes amid tightening regulatory norms and changing risk appetites among fintechs and...
The initial public offering (IPO) of TSC India Ltd has captured significant attention from investors as it opened for subscription on July 23, 2025. With a positive grey market premium (GMP) and steady demand across investor categories, the IPO is emerging as one of the promising...
A thought-provoking opinion by Vivek Moorthy, featured on Moneycontrol, explores how work-sharing—where government workers take six-month contracts at reduced hours and pay—could serve as a politically viable strategy for trimming U.S. federal debt without triggering mass layoffs. Context & Debt Challenge While former President Trump’s aggressive...
Date: July 2025Jurisdiction: Authority for Advance Rulings (AAR), Andhra PradeshCase: ANDHRA PRADESH STATE FIBRENET LIMITED Introduction In a significant clarification that could ease operational headaches for corporates undergoing mergers, the Andhra Pradesh Authority for Advance Ruling (AAR) has ruled that Input Tax Credit (ITC) can be...
Dear Readers, The Reserve Bank of India (RBI) recently conducted a comprehensive training program for its officers at Hyderabad, focusing on a broad range of subjects that reflect the evolving landscape of the financial services sector. Highlights from the RBI Officer Training Program: The following key...
The Central Board of Direct Taxes (CBDT) has officially granted income-tax exemption to the Andhra Pradesh Pollution Control Board (APPCB) under Section 10(46) of the Income-tax Act, 1961. The move reinforces the government’s policy of supporting regulatory and statutory bodies involved in environmental protection, compliance monitoring,...
India’s top two private sector banks, HDFC Bank and ICICI Bank, released their Q1 FY25 earnings, offering a crucial glimpse into the evolving dynamics of the banking sector post interest rate tightening. While both banks posted steady loan and deposit growth, pressure on net interest margins...
In a significant policy recommendation, NITI Aayog has proposed that the Indian government consider relaxing foreign direct investment (FDI) norms for Chinese companies, suggesting that entities from countries sharing land borders with India—particularly China—should be allowed to invest up to 24% stake in Indian firms without...
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