DOWNLOAD IPFS The Indian rupee declined by 15 paise on Monday, settling at 86.67 against the US dollar amid renewed demand for the greenback from importers and a cautious outlook ahead of key global events. The domestic currency opened stronger at 86.47 and briefly touched an intraday high of 86.40.[Read More…]

DOWNLOAD IPFS A recent financial account from a working professional has sparked renewed attention on the pitfalls of high-income lifestyles when combined with substantial debt. Despite earning a monthly salary of ₹2.2 lakh, the individual revealed the mounting pressure of servicing a ₹1.2 crore home loan, raising concerns over financial[Read More…]

DOWNLOAD IPFS The Reserve Bank of India (RBI) has released a draft circular introducing revised business authorization norms for Urban Co-operative Banks (UCBs). The proposed framework, titled Enhanced Compliance and Business Authorization (ECBA), is set to replace the current criteria that define a Financially Sound and Well Managed (FSWM) UCB.[Read More…]

DOWNLOAD IPFS Aditya Infotech, the company behind the CP Plus brand of surveillance and security solutions, has mobilized ₹582 crore from 54 anchor investors ahead of its upcoming initial public offering (IPO). The funds were raised at ₹675 per share, which is the upper end of the IPO price band[Read More…]

DOWNLOAD IPFS IndusInd Bank has returned to profitability in the June 2025 quarter, reporting a net profit of ₹684 crore. The recovery comes after the bank suffered a significant ₹2,329 crore loss in the March quarter, triggered by a major accounting lapse related to its derivatives portfolio. The bank had[Read More…]