Promoters of major Indian companies increased their ownership in the June quarter, signalling confidence amid sectoral shifts, including notable rises in Reliance Industries and Manappuram Finance, according to Elara Capital data. Reliance Industries and a cluster of other large Indian…
NITI Aayog Vice Chairman Ashok Kumar Lahiri urges India to simplify land acquisition processes to attract more industrial investments and support its goal of becoming a developed economy by 2047. India needs to make land acquisition far easier if it…
A new India SME Forum report reveals that four in five micro, small and medium enterprises in India see digital procurement as vital to their growth, with a significant shift towards AI-enabled platforms and online sourcing despite current reliance on…
Bullion markets surged on Thursday as easing tensions in West Asia and softer interest rate pressures prompted traders to push gold and silver prices towards recent peaks, signalling a potential shift in safe-haven demand. Gold and silver futures firmed on…
As QR codes and instant funds transfer systems become more prevalent worldwide, traditional card networks like Visa and Mastercard face a transforming landscape, raising questions about their future role in domestic and cross-border transactions. For decades, the humble payment card…
Berger Paints India reports a significant rebound in its first-quarter results, with revenue and net profit surpassing initial estimates amid robust demand and product launches, despite rising input costs and geopolitical risks. Berger Paints India said on Wednesday that its…
Leap India’s ₹2,480-crore initial public offering opens on August 7, with grey market sentiment hinting at a modest first-day rise, reflecting cautious optimism ahead of listing. LEAP India’s ₹2,480-crore initial public offering will open for subscription on August 7, with…
As cost and complexity influence decisions, the emerging hybrid model combining automated portfolios with human guidance offers a tailored solution for retirees navigating financial priorities. Choosing between a robo-adviser and a human financial adviser for retirement is less about fashion…
Auto-sweep facilities are emerging as a popular way for customers to earn higher interest on idle cash by automatically transferring surplus funds into fixed deposits, blending better returns with liquidity. Banks often encourage customers to open a savings account by…
Banks may be losing approximately $160,000 annually per institution due to outdated fraud detection systems wrongly blocking legitimate card transactions, with global industry implications and potential for modern AI-driven solutions. Banks may be losing about $160,000 a year in interchange…
