India’s dominant digital payment system, UPI, has transitioned from a contactless experiment to a vital economic infrastructure. While its rapid growth has prompted debates over merchant fees, government support and policy decisions remain crucial to sustain its future development. India’s…
Leap India’s initial public offering opens with a Rs 2,480 crore raise, backed by KKR, reflecting robust early demand despite demanding valuations, as the logistics firm signals its growth ambitions amid a dynamic market environment. LEAP India’s initial public offering…
Goa-based Molbio Diagnostics prepares for its IPO, seeking to raise nearly ₹940 crore to fund R&D and expand the international footprint of its globally validated Truenat platform, a portable molecular testing system endorsed by WHO. Molbio Diagnostics is preparing to…
Shoppers Stop’s fiscal first quarter marks a modest earnings turnaround driven by increased premium merchandise sales, improved inventory management, and a surge in beauty and value fashion categories, signalling a strategic shift towards higher-end offerings ahead of the festive season.…
India’s central bank maintains the repo rate at 5.25%, fostering policy certainty that underpins steady growth in housing and commercial property markets amid global uncertainties and evolving buyer preferences. India’s central bank has left the repo rate unchanged at 5.25%,…
An increasing number of Indians are cashing out their life insurance policies before maturity, highlighting issues of affordability, product satisfaction, and market sustainability amid economic pressures and concerns over mis-selling. More Indians are cashing out life insurance policies before they…
The Reserve Bank of India maintains steady interest rates amid a complex inflation landscape, emphasising a shift towards a more refined and selective monetary policy approach that considers the source and persistence of price pressures. The Reserve Bank of India’s…
India’s food safety regulator has refused to extend the deadline for beverage companies to remove the phrase ‘energy drink’ from labels, prompting a swift industry scramble and raising public health concerns amid soaring market growth. India’s food safety regulator is…
The Indian government’s move to potentially levy charges on high-value UPI transactions has shifted the policy debate from theory to action, raising questions over who should bear the costs of the country’s dominant digital payments infrastructure. India’s debate over whether…
India’s digital farm database has surpassed 10.31 crore farmer IDs as the government accelerates efforts to create a comprehensive, farmer-focused digital infrastructure to enhance agricultural services and schemes. India’s digital farm database has crossed 10.31 crore farmer IDs, according to…
