PMI Electro Mobility Solutions, backed by KKR, has confidentially filed for an IPO in Mumbai, signalling increased investor interest in India’s low-emission transport sector as the company looks to expand its fleet of electric buses across the country. PMI Electro…
The Indian knitwear hub faces renewed tariff challenges from the US, prompting industry shifts towards Europe, Britain, and product innovation as exporters seek to stabilise amid mounting pressure and uncertain global trade policies. Tiruppur, the knitwear hub of western Tamil…
India’s Unified Payments Interface is transforming into a model for international instant payment connectivity, with expansion into 13 countries and a strategic shift towards cross-border interoperability amid surging transaction volumes. India’s Unified Payments Interface has reached a scale that few…
Inheriting a diverse portfolio of assets does not automatically trigger a tax bill; strategic reinvestment in residential property can offer relief, subject to specific conditions, experts advise. Selling inherited assets can create a tax bill, but it does not always…
India’s Unified Payments Interface (UPI) processed a record 23.2 billion transactions in May 2026, cementing its role as a global leader in real-time payments and signalling a shift towards routine digital financial activity worldwide. India’s Unified Payments Interface has emerged…
A sharp rise in U.S. Treasury yields, driven by robust economic data and inflation concerns, is triggering a global ripple effect, with Indian equities and financial institutions feeling the strain amid rising borrowing costs and currency pressures. The sharp sell-off…
A 38-year-old Tata Memorial Centre scientific assistant was duped of Rs 10 lakh through a sophisticated online share-trading scam facilitated by fake groups on Telegram and WhatsApp, highlighting the growing threat of digital investment fraud in India. A 38-year-old scientific…
The eastern Indian state approves 27 major projects across sectors like data centres, energy, and green manufacturing, signalling a diversification of its industrial base and boosting investor confidence. Odisha has approved 27 industrial projects worth ₹2.47 lakh crore in a…
The Bank for International Settlements issues a warning over the growing debt associated with AI investment, highlighting increased financial risks amid a fragile global economic backdrop and rising leverage in US tech giants. The Bank for International Settlements has warned…
India’s Financial Intelligence Unit has issued notices to 15 crypto platforms, enforcing compliance with anti-money laundering laws and signalling a stricter stance on offshore and domestic cryptocurrency services operating without proper registration. India’s Financial Intelligence Unit has moved against 15…
