Listed jewellery retailers posted strong September-quarter growth despite Navratri moving into the December period, with resilient gold and studded jewellery demand driving higher sales. India’s listed jewellery chains reported a strong September quarter, with revenue rising roughly 22% to 28%…
Ant International has launched an open-source payment protocol backed by major wallets, acquirers, Visa and Mastercard as rising demand for AI shopping agents collides with consumer fears over autonomous spending. Software agents are moving beyond chat-like assistance and towards a…
Influencer Veeramani says pranksters used his publicly shared address to send televisions, smartphones and appliances to his home, forcing him to plead: “Please stop ordering”. A social media post in Madurai that was meant to attract festive goodwill instead spiralled…
An inter-ministerial panel is set to examine replacing the Mines and Minerals (Development and Regulation) Act with a broader law designed to simplify rules, strengthen enforcement and bring greater uniformity to the sector. The government is weighing a major rewrite…
A sharp share-price correction has coincided with stronger quarterly profits at companies including Deepak Nitrite, Oil India, V-Guard Industries and Waaree Energies, though investors still face questions over the durability of growth. Sharp declines in share prices do not always…
An inter-ministerial panel is being tasked with drafting a modern replacement for India’s principal mining law as the government seeks to simplify regulation and attract investment. India’s government is considering a sweeping rewrite of the Mines and Minerals (Development and…
India has no direct inheritance tax, but interest, rent and capital gains from inherited or subsequently purchased assets can still be taxable. A Rs 45 lakh inheritance can be a substantial financial windfall, but the right next step depends on…
Indian savers becoming non-resident must navigate different rules: existing PPF accounts can generally continue until maturity, while NPS Tier II is unavailable to NRIs and OCIs. Moving overseas for work, study or a permanent move can change how Indian savings…
Consent-based access to bank and investment data is helping lenders assess new-to-credit borrowers and reach smaller cities, while planned interoperability could simplify the system further. India’s Account Aggregator system is emerging as a potential bridge between formal lenders and borrowers…
HDFC Bank delivered the biggest profit, Axis Bank the fastest earnings growth and ICICI Bank the strongest core income and margin performance as asset quality improved across all three lenders. India’s three largest private-sector lenders delivered a mixed set of…
