Decimal Point Analytics launches India’s first domain-specific GenAI model, Bindu FRS 1.0, targeting financial statement standardisation and accuracy, signalling a shift towards specialised AI solutions in enterprise software. Indian companies are moving past AI trials and into live deployment, and…
As traditional profitability becomes less decisive, lenders prioritise real-time cash flow and ratios like DSCR to assess small businesses’ borrowing capacity, transforming the lending landscape. A business can be profitable and still miss out on finance if its cash flow…
BSE shares fell sharply following a downgrade by Jefferies, which cited slowing market-share gains and regulatory risks, despite the exchange’s robust June-quarter performance. BSE shares slid sharply on Monday after Jefferies cut its view on the exchange operator, warning that…
Central banks are increasingly favouring gold over US Treasuries as their primary reserve asset, highlighting a strategic shift driven by geopolitical tensions and risk reassessment in volatile global markets. Central banks have made a striking turn towards gold, with the…
Indian shares declined on Monday as rising crude oil prices, a weakening rupee, and broad sector sell-offs prompted cautious trading after a two-week rally, with technology, PSU banks, and financials leading declines. Indian shares slipped on Monday as traders weighed…
Gujarat-based Solar module maker Solex Energy reports a modest rise in first-quarter revenue amid declining profits, citing seasonal softness and regulatory delays, while pushing ahead with a major expansion to increase capacity to 10 GW by FY2030. Solex Energy said…
Gold prices across key Indian markets soared to new heights on Monday, driven by increased retail demand and global bullion gains, as the country anticipates a busy festive and wedding season. Gold prices in India climbed sharply on Monday, extending…
Puravankara reports a significant profit turnaround in Q1 FY27, bolstered by a 28% rise in pre-sales, expanded land holdings, and improved operational margins, signalling a robust recovery and growth trajectory. Puravankara Limited has reported a sharp turnaround in the first…
Gold rates across major Indian cities increased on August 17, reflecting ongoing volatility driven by global economic factors, local demand, and geopolitical tensions, with prices fluctuating sharply through the summer. Gold prices in India edged higher on August 17, with…
Finance Minister Nirmala Sitharaman announces plans to set up a high-level committee to overhaul India’s banking system, aiming to support the country’s growth ambitions and enhance financial efficiency. Finance Minister Nirmala Sitharaman said on Monday that the government will soon…
