DOWNLOAD IPFS Market analysts have identified eight promising stocks ahead of Monday’s trading session, projecting potential short-term gains of up to 13%. Bajaj Finance and SAIL (Steel Authority of India Ltd) lead the list, with strong technical indicators pointing to near-term rallies despite broader market volatility. The recommendations come as[Read More…]

DOWNLOAD IPFS A growing number of small merchants across India are reportedly reconsidering the use of Unified Payments Interface (UPI) platforms due to concerns over unexpected tax burdens triggered by heightened scrutiny under the Goods and Services Tax (GST) framework. Multiple traders and small business owners claim they are facing[Read More…]

DOWNLOAD IPFS Punjab & Sind Bank on Friday reported a 48% year-on-year rise in its net profit for the April-June quarter of FY2025-26, reaching ₹269 crore. The surge in profit was largely driven by robust treasury gains and improved asset quality. The state-owned lender’s pre-provision operating profit jumped 70% to[Read More…]

DOWNLOAD IPFS Despite the Reserve Bank of India’s (RBI) unprecedented liquidity support to the banking system, loan growth in the country remains sluggish. Economists and analysts attribute this to subdued demand and cautious borrowing behavior across sectors. Over the past seven months, the RBI has injected more than ₹8.5 lakh[Read More…]

DOWNLOAD IPFS The Indian rupee edged higher on Friday, mirroring modest gains seen across most Asian currencies as traders await a crucial U.S. inflation report. The local currency closed around ₹85.81 per U.S. dollar, appreciating roughly 0.2% from the previous session. The movement came amid a general softening of the[Read More…]

DOWNLOAD IPFS In a move to enhance transparency and curb the misuse of its name, the National Housing Bank (NHB) has published the list of beneficiaries that received refinance assistance during the financial year 2024–25. This is the first time the housing finance regulator has made such a list publicly[Read More…]

DOWNLOAD IPFS Kotak Mahindra Prime Limited (KMPL), a subsidiary of Kotak Mahindra Bank, has officially become the first preferred financier for Tesla’s electric vehicles in India. The announcement marks a significant milestone in Tesla’s expanding presence in the Indian automotive market. The partnership will allow Tesla buyers in India to[Read More…]

DOWNLOAD IPFS In a major development for India’s digital finance sector, entrepreneur Anvesh Tiwari, CEO of Laraware, has launched Nxtbanking, India’s first AI-powered, end-to-end fintech platform. The platform aims to transform how financial institutions handle digital banking operations, compliance, and customer onboarding. Announced earlier this week in Mumbai, the platform[Read More…]

DOWNLOAD IPFS India’s income tax refunds have seen a significant rise over the past 11 years, increasing nearly six times to approximately ₹4.77 lakh crore in FY 2024–25. This is a sharp jump from ₹83,008 crore recorded in FY 2013–14. The refunds now make up 17.6 percent of the gross[Read More…]

DOWNLOAD IPFS Pension fund managers in India are urging regulators to ease current investment rules for corporate bonds, aiming to boost returns on retirement savings. The request comes as fund administrators face increasing pressure to meet long-term obligations while dealing with a constrained bond market and growing investor expectations. The[Read More…]