The Indian rupee finds support after the Reserve Bank of India maintains its benchmark rate at 5.25%, supported by strong capital inflows and cautious global outlook, though external risks cap its gains. The Indian rupee has found some breathing room…
Milky Mist Dairy Food Limited has announced its ₹1,553 crore initial public offering, backed by pre-issue funding from Temasek Holdings, as it seeks to expand its farm-to-retail dairy empire across India. Milky Mist Dairy Food Limited has set the price…
India’s markets regulator, SEBI, has eased regulations, allowing credit rating agencies to assess a broader range of financial products beyond traditional debt, while implementing strict safeguards to ensure investor protection and maintain industry standards. India’s markets regulator has opened the…
Shiprocket Limited prepares for its market debut on the BSE and NSE, with an issue size of over ₹16,000 million and a focus on expanding its logistics platform amid improving financials. Shiprocket Limited will open its initial public offering on…
Despite recent currency weakness driven by geopolitical tensions and oil prices, ING economists see a potential turnaround driven by increased foreign deposits and bond inflows, possibly reversing India’s balance-of-payments deficit. ING economists Deepali Bhargava and Lynn Song said the Indian…
Finance Minister Nirmala Sitharaman defends proposed changes to Merchant Discount Rate, emphasising that the fee targets large merchants, not end-users, as opposition raises concerns over potential for increased costs. Finance Minister Nirmala Sitharaman has moved to counter opposition claims that…
Fraudsters in the online dating scene are adopting more sophisticated methods, including fake verification services and AI-generated profiles, making scams harder to spot and increasing risks for users worldwide. The modern dating scam no longer looks like the obvious con…
Experts advise scrutinising recent expenses and setting realistic repayment plans to recover from overspending during the summer, avoiding drastic measures like draining retirement savings or taking on excessive debt. An expensive summer weekend can leave more than a dent in…
A Mumbai-based firm, Apar Industries Limited, reportedly lost Rs 2.30 crore after cybercriminals impersonated company directors on Microsoft Teams, highlighting a growing trend of sophisticated corporate scams across India. A Mumbai company has lost Rs 2.30 crore after cyber fraudsters…
The Delhi High Court has issued a notice to New India Assurance Company in a family’s petition demanding Rs 85.6 lakh for the wrongful denial of an insurance claim linked to pilot Captain Sumit Kamal Kapur’s death in the Baramati…
