Nuvama Institutional Equities raises its rating on NMDC to ‘Buy’ amidst stabilising iron ore prices and ambitious production targets, signalling potential upside despite a modest Q1 EBITDA shortfall. Nuvama Institutional Equities has turned more upbeat on NMDC, upgrading the iron…
The Reserve Bank of India has overhauled its external commercial borrowings framework, expanding eligibility and easing regulations to facilitate easier overseas funding for Indian companies, effective from February 2026. India’s central bank has loosened its rules on external commercial borrowings,…
Four men have been detained in Hyderabad following a Rs 7 lakh cryptocurrency fraud case, highlighting ongoing concerns over online investment scams facilitated through social media platforms, as police step up efforts to combat cyber offences. Hyderabad police on Monday…
A new sweep-in fixed deposit facility allows savers to earn higher returns on surplus funds while maintaining easy access to cash, making it a practical option for fluctuating account balances and liquidity needs. A sweep-in fixed deposit can suit savers…
Damaged or lost credit cards can be replaced swiftly through digital channels; acting promptly and securely disposing of the old card helps prevent misuse and ensures seamless financial access. If a credit card stops working because the chip, magnetic strip…
The Reserve Bank of India has abruptly closed its FCNR-B swap scheme ahead of schedule, citing robust foreign deposits and rising costs as the rupee faces sustained depreciation pressures, marking a shift in monetary policy response. The Reserve Bank of…
Gurugram-based startup Centricity secures Rs 280 crore in Series A funding led by SMBC Asia Rising Fund, signalling strong investor confidence in India’s evolving wealth management sector amidst a selective funding climate. Centricity, a Gurugram-based wealth management startup, has raised…
Zerodha CEO Nithin Kamath criticises the overuse of AI in pitches, emphasising the need for genuine differentiation and meaningful business propositions in a saturated tech landscape. Nithin Kamath has a blunt message for founders:AI is no longer a pitch deck…
India’s power regulator introduces measures allowing renewable project developers to extend grid connectivity rights via daily charges, while tightening rules against capacity hoarding, potentially freeing up 15.7GW of transmission capacity and accelerating the country’s clean energy target. Shares in Suzlon…
India’s regulator SEBI is taking a cautious, data-driven approach to assess the impacts of the new Common Account Statement (CAS) system, as it gathers feedback and explores technological innovations like AI to ensure market stability and attract foreign investment. Tuhin…
