India’s Equity Indices Held Back by ‘Tired Business Models,’ Says SBI MF’s Balachandran
India’s equity benchmarks are under pressure as many of their largest constituents operate “tired business models” that no longer reflect future growth potential. Dinesh Balachandran, head of investments at SBI…
Tata Investment Corp Shares Surge Ahead of Tata Capital IPO
Tata Capital, a prominent non-banking financial company (NBFC) under the Tata Group, is scheduled to launch its Rs 15,512-crore IPO on October 6. The subscription window for the public will…
Sify Infinit to File $500 Million IPO Amid Data Center Boom
Sify Infinit Spaces Ltd., one of India’s leading data-center firms, is preparing to file for a $500 million initial public offering (IPO) in the next two weeks. The company, a…
RBI Eases Rules, Boosting Credit Flow and Private Banks
The Reserve Bank of India (RBI) has announced a series of measures aimed at easing regulations for banks, improving the flow of credit, and strengthening resilience in the sector. The…
Nifty Metal Index Climbs 1.8% as Tata Steel, Nalco and Hindalco Lead Gains
The Nifty Metal index started Friday’s trade on a firm note, rising sharply on the back of strong buying interest in leading metal companies. By 10:30 am, the index had…
Amid Tariff Turmoil, FM Sitharaman Says India’s Economy Strong Enough to Absorb Shocks
Union Finance Minister Nirmala Sitharaman on Friday reaffirmed India’s economic resilience despite the growing global uncertainty triggered by tariff conflicts, supply chain disruptions, and geopolitical shifts. Speaking at the fourth…
India’s Fiscal Deficit Widens to ₹5.98 Lakh Crore in April–August
The fiscal deficit for the first five months of the current financial year has widened, raising concerns over government finances despite support from the Reserve Bank of India’s record dividend…
Zepto Nears $450 Million Funding at $7 Billion Valuation
Quick commerce company Zepto is in the advanced stages of raising $450 million, or roughly ₹3,900 crore, as part of a fresh funding round. The development, reported by Moneycontrol, highlights…
GST Collections Rise 9.1% to ₹1.89 Lakh Crore in September
Goods and Services Tax (GST) collections in September climbed to ₹1.89 lakh crore, marking a 9.1 percent increase compared to the same month last year. The figures, released by the…
Govt Approves 3% Dearness Allowance Hike, Arrears to Be Paid in October
The Union Cabinet on Wednesday approved a 3 percent hike in Dearness Allowance (DA) and Dearness Relief (DR) for central government employees and pensioners. The announcement comes at a time…
