Tech Mahindra kicked off its FY26 earnings season with a mixed bag — posting a 34% year-on-year rise in Q1 net profit, but missing analyst estimates on key fronts. The company reported a consolidated net profit of ₹664 crore for the quarter ended June 2025, up...
As Donald Trump ramps up rhetoric around steep tariffs on Chinese imports ahead of the U.S. presidential election, global markets are once again bracing for volatility. Trump has suggested imposing tariffs as high as 60%–100% on Chinese goods if re-elected, sending shivers across trade-sensitive sectors. While...
All eyes are on Jio Financial Services (JFSL) today as the company prepares to announce its first-quarter (Q1 FY26) results. The stock has been buzzing on investor radars amid a broader uptick in Reliance group activity and anticipation around how the company’s diversified financial services strategy...
The initial public offering (IPO) of Monika Alcobev Ltd, a key player in India’s premium wine and liquor import business, received a warm reception from investors, getting fully subscribed on Day 1 of bidding. Backed by a curated portfolio of global wine and spirit brands, the...
The Indian rupee began Tuesday’s trading session on a weaker note, slipping 18 paise to open at 85.99 against the U.S. dollar. The decline follows renewed strength in the greenback as U.S. inflation data came in hotter than expected, dashing hopes of an early interest rate...
Nestled in the Eastern Himalayas, the Kingdom of Bhutan is best known for its Gross National Happiness philosophy, stunning landscapes, and guarded cultural heritage. But now, this tiny landlocked nation is making waves for a very different reason: its ambition to become a global hub for...
In a significant development for India’s capital markets, the Insurance Regulatory and Development Authority of India (IRDAI) is reportedly considering relaxing investment norms to allow insurers greater exposure to REITs (Real Estate Investment Trusts) and InvITs (Infrastructure Investment Trusts). This potential move, currently under discussion, could...
India’s microfinance sector, a critical source of credit for low-income households and self-employed borrowers, is expected to face continued asset quality pressure in the first half of FY26, according to a recent report by CareEdge Ratings. The aftershocks of elevated credit costs, high delinquencies, and rural...
In a key milestone for India’s fintech landscape, EximPe, a cross-border B2B payments startup, has received final approval from the Reserve Bank of India (RBI) to operate as a Payment Aggregator (PA) for cross-border transactions. This positions EximPe among a rare breed of startups enabling global...
As India’s monetary policy enters a critical juncture, global ratings agency Fitch Ratings has noted that the Reserve Bank of India’s commitment to maintaining sufficient banking system liquidity could be a key enabler for effective transmission of future interest rate cuts. While the RBI has yet...
The Indian stock markets ended a choppy session on July 16 with marginal losses, as investor sentiment turned cautious ahead of key global earnings and macroeconomic cues. Despite early gains, both benchmark indices struggled to hold momentum, dragged down by IT stocks, select private banks, and...
In a move that underlines how deeply technology is reshaping Indian banking, HDFC Bank has quietly taken a significant step forward: the launch of its own Generative AI platform, internally dubbed Project Indra. Rather than just testing AI tools on the sidelines like many corporates, the...
With UPI transactions remaining free under government policy, India’s leading fintech players are entering the credit card market through co‑branded partnerships. Firms like Google Pay, PhonePe, and Paytm aim to monetize their massive user bases by tying up with banks to launch credit cards—unlocking steady revenue...
Japan’s Sumitomo Mitsui Financial Group (SMFG) is reportedly considering a $1.1 billion follow-on investment in Yes Bank, targeting a roughly 5% equity stake alongside potential convertible bond purchases worth $680 million. This could boost SMFG’s total stake to around 25%, following its initial $1.6 billion (20%) investment in May...
Union Minister Jitendra Singh has highlighted a transformational boom in India’s startup ecosystem over the past decade—from a mere 350 startups to nearly 1.75 lakh, generating 17.56 lakh jobs. Speaking at IIM and IIT campuses in Jammu, he urged students to shift from seeking jobs to creating them,...
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