Centrum Capital to Sell Housing Finance Arm to Weaver Services for ₹430 Crore
Centrum Capital has announced that it will divest its entire stake in Centrum Housing Finance Ltd. (CHFL), its affordable housing finance subsidiary, to Weaver Services for ₹430 crore. The transaction,…
Zero GST on Insurance: Will Premiums Really Become Cheaper?
The proposal to reduce the Goods and Services Tax (GST) to zero on life and health insurance premiums has sparked considerable debate. The central question is whether this policy change…
Mazagon Dock Shares Under Pressure After JPMorgan Warning
Shares of Mazagon Dock Shipbuilders fell during Friday’s trade after global brokerage firm JPMorgan issued a cautious note, maintaining its underweight rating on the stock. Despite the company’s share price…
Slow ITR Processing Amid Deadline Extension: Impact on Financial Markets
The Indian Finance Ministry's decision to extend the Income Tax Return (ITR) filing deadline to September 15th, citing significant changes in forms and utilities, has been accompanied by a slower-
RBI Releases Discussion Paper on Monetary Policy Framework
The Reserve Bank of India (RBI) has released a discussion paper to review the current Monetary Policy Framework (MPF), inviting feedback from stakeholders on key aspects of India’s inflation-targeting regime.…
Shreeji Shipping IPO Opens for Subscription
The initial public offering (IPO) of Shreeji Shipping Global Ltd. has opened today, August 19, and will remain available for subscription until August 21. The company, which provides shipping and…
Gadkari Confident on Auto Sector Growth
Union Minister for Roads, Highways and Transport Nitin Gadkari has expressed confidence in the future of India’s automobile industry, saying the sector will continue to grow despite external headwinds like…
Walmart’s Quick Commerce Gamble in India
Walmart is betting big on India’s booming quick commerce market, but the push is coming at a cost. The US retail giant, which owns Flipkart, Myntra and PhonePe, reported that…
Navarro Accuses India of “Perpetuating” the War
White House trade adviser Peter Navarro has once again criticised India, accusing the country of acting as a “laundromat for the Kremlin” and perpetuating the Ukraine conflict. He warned that…
Markets Snap Six-Day Rally
After a week-long winning streak, Indian equity markets turned volatile on Friday, August 22. The Sensex fell over 550 points while the Nifty slipped near 24,900, with broad-based selling seen…
