As banks’ IT budgets are increasingly consumed by maintaining outdated core systems, experts warn that delays in modernising infrastructure could undermine customer experience and competitiveness by 2027. By 2027, many banks may still be running on core systems that were…
Shares of Tower Semiconductor surged 5.9% amid optimistic broker forecasts and strong earnings, though recent insider sales provide a cautious backdrop to the upbeat outlook. Tower Semiconductor shares rose 5.9% on Friday, climbing as high as $230.29 before easing slightly,…
India is set to borrow Rs 7.86 lakh crore through dated securities in the second half of FY27, marking a strategic move that includes green bonds and debt management tools amid a reduced borrowing target, influencing market liquidity and yields.…
India’s new UPI merchant discount rate framework, set to take effect in October 2026, aims to ensure long-term sustainability of digital payments by applying a narrow fee only to transactions above ₹2,000, with protections for small merchants and reassurances that…
SIDBI has withdrawn a ₹6,000 crore bond issue as surging yields and tighter liquidity conditions increase borrowing costs, highlighting shifting dynamics in India’s short-term debt market amidst rate hike expectations. SIDBI has withdrawn a planned ₹6,000 crore bond sale after…
Zerodha CEO Nithin Kamath warns that policy changes by regulators like IRDAI can rapidly alter the economics of regulated industries, impacting investor confidence and business models. Regulatory risk can matter more than headline growth when a business depends on rules…
Fraudsters are using sophisticated search engine manipulation and spoofed websites to trick users into revealing personal and financial information, prompting safety warnings from consumer protection agencies. A new phone scam is exploiting the trust people place in search engines and…
Bajaj Finance launches the Credit Pulse Report, emphasising the importance of understanding a comprehensive credit profile beyond just numerical scores, and encouraging regular credit monitoring to empower borrowers. A new guide from Bajaj Finance is positioning a credit score as…
A contentious amendment to India’s mining law has ignited a constitutional dispute, pitting the Centre’s effort to standardise levies against mineral-rich states’ demands to retain fiscal control, threatening to reshape the future of mining policy. The dispute over India’s new…
The Supreme Court has reinforced that circulars issued by the Central Board of Direct Taxes are only binding on departmental officials and cannot override statutory law when judges interpret tax legislation, affecting deductions linked to export quotas. The Supreme Court…
