Behari Lal Engineering has secured ₹90.48 crore from anchor investors ahead of its upcoming IPO, signalling strong Institutional interest and plans for capital expansion at its manufacturing facilities. Behari Lal Engineering has raised ₹90.48 crore from anchor investors ahead of…
India’s net direct tax collection surged by 23% to 8.1 trillion rupees between April and August, signalling sustained tax buoyancy despite record-breaking previous years, with the government optimistic about achieving its 27 trillion rupees target for 2024-25. India’s net direct…
India’s state-run oil and gas companies have reported their first quarterly fall in capital expenditure in at least five years, raising concerns over energy security and refinery growth, despite ongoing investments in renewables and petrochemicals. India’s state-run oil and gas…
The introduction of India’s new Closing Auction Session (CAS) aims to enhance transparency but is currently disrupting trading patterns and increasing volatility, impacting brokers, investors, and market benchmarks. Bernstein said India’s index options market is likely to remain under pressure…
Distinct structures of provident and pension funds are influencing how workers plan for retirement, with recent developments emphasising flexibility and long-term security. Provident funds and pension funds both exist to help people build income for retirement, but they do so…
Recent Reserve Bank of India data reveals that Indian households are reallocating their savings within the financial system, driven by deposit re-pricing and rising mutual fund investments, rather than abandoning banks altogether. Indian household savings have not fled the banking…
While apps like Venmo and Cash App streamline instant transactions, they are deploying increasingly sophisticated security measures to combat evolving fraud tactics, balancing convenience with protection in the fast-moving digital payments landscape. Peer-to-peer payment apps have made splitting dinner bills…
The Federal Trade Commission reports a sharp rise in social media-related scams in 2025, with Facebook leading in reported losses. Fraudsters increasingly target users across age groups with shopping, investment, and romance scams, prompting calls for greater online privacy vigilance.…
Fusion Finance aims to expand beyond microfinance by launching unsecured individual loans targeted at higher-income customers, as part of a strategy to balance its lending portfolio and improve asset growth. Fusion Finance is preparing to widen its lending mix beyond…
Splitit and 1stMILE are partnering to introduce flexible payment options at the automotive repair shop counter, enabling customers to spread costs while supporting repair shops’ cash flow amid rising emergency expenses. 1stMILE and Splitit are joining forces to bring point-of-sale…
