Banking And Finance

IRDAI chairman urges insurers to build affordable products for Rs 5-25 lakh cover to boost penetration

Mumbai: companies need to move beyond chasing premium volumes and instead develop simple, affordable products for middle-income households to meaningfully expand insurance coverage, Insurance Regulatory and Development Authority of India…

From ₹90,000 salary to ₹15 lakh debt: Viral LinkedIn post explains a financial spiral

A Pune professional’s journey from financial stability to a ₹15 lakh debt spiral has gone viral after Vivek S G (Sulegai), founder of Wealth Crafts and a SEBI-registered investment advisor,…

Kotak Mahindra Bank to acquire Deutsche Bank’s retail banking, private banking and wealth management business in India

and Deutsche Bank AG have entered into a definitive agreement under which Kotak will acquire Deutsche Bank’s retail banking, and wealth management business in India, the two lenders announced. The…

Why hybrid SIFs are attracting investors

Market

Axis MF launches daily SIP of ₹10 across 10 schemes

Axis Mutual Fund has launched ‘Rozana SIP’, which enables investors to start with low-ticket investments starting from just ₹10 per scheme per day, across different Axis Mutual Fund schemes. Rozana…

US stocks poised for strongest quarterly performance in six years as AI optimism lifts markets

US stock futures edged higher on Tuesday positioning Wall Street for its strongest quarterly performance in six years as investor optimism surrounding , resilient corporate earnings and easing inflation continued…

Nifty 50 sheds 9% in H1CY26: Is the Indian stock market ripe for a solid rebound in the second half of the year?

Market barometer Nifty 50 has suffered a massive loss of almost 9% in the first half of the calendar year 2026 (H1CY26) due to the Middle East conflict, which drove…

US stock market today: S&P 500, Nasdaq edge higher as tech rally extends; Wall Street eyes strong H1 finish

traded higher in Tuesday’s session, 30 June, as the rebound in technology and chip stocks extended, putting Wall Street on course to wrap up a strong first half of the…

Market

Health-F&B brand Yummy Bee details multi-city expansion and funding plans

Yummy Bee, a health-focused Quick Service Restaurant (QSR) brand, has doubled its net revenue to ₹20-₹25 crore in FY26 from under ₹10 crore in FY25. Yummy Bee is backed by…

Coal India intensifies R&D initiatives, plans to invest ₹1,900 crore by FY30

State-run Coal India on Tuesday said it has intensified its research and development (R&D) initiatives and plans to invest a total of around ₹1,900 crore by 2029-30 on R&D activities,…

JFE Steel Corp acquires additional 25% stake in JSW JFE Kalinga for ₹7,875 crore

on Monday acquired an additional 25 per cent stake in JSW JFE Kalinga for ₹7,875 crore. The transaction stands fully completed and JFE now holds 50 per cent of the…

HUL’s management confident of overcoming short-term challenges despite external volatility

Hindustan Unilever Ltd (HUL) said it is confident of facing global disruptions, the new normal that businesses must face with short-term responses that also build the future. “The short term…
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Axis

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