Banking And Finance
Microfinance market reports a small rise in early stage delinquency
Kolkata: The share of microfinance portfolio turning overdue early rose in April while the later stage portfolio at risk showed improvement, data from CRIF high Mark showed. The portfolio at…
From new income-tax rules to GST rate revisions — here’s what changed for taxpayers as Modi becomes longest-serving PM
Narendra Modi today, 10 June, achieved a historic milestone by becoming India’s longest-serving elected prime minister in continuous office. He has completed 4,399 consecutive days in power, surpassing the 4,398-day…
Jio BlackRock ETF: 1st launch likely by August after building ₹18,000 crore AUM
Jio BlackRock Asset Management plans to launch its first (ETFs) in India by August, seeking to replicate BlackRock’s global success in passive investing in a market where ETFs remain at…
Market
Sensex sustains over 74,400 level: HUL, ICICI Bank, Axis Bank lead gains as markets defy weak global cues
Benchmark equity indices traded firmly higher in Wednesday’s afternoon session, defying weakness across global markets, led by strong buying in FMCG and private banking stocks. Gains in heavyweights such as…
Zepto IPO: 10 key risks investors should know from UDRHP ahead of issue opening
Quick-commerce platform Zepto has taken another step toward its stock market debut by filing an updated (DRHP) with the Securities and Exchange Board of India for its proposed initial public…
‘Most investors are de-worse-ified, not diversified’, says Robert Kiyosaki; explains why he avoids ETFs
Robert Kiyosaki, the bestselling author of Rich Dad Poor Dad, has once again challenged conventional investing wisdom, this time taking aim at what he calls “de-worsification” rather than diversification. In…
Reliance Industries share price jumps over 2% on partnering with Meta for India’s first AI data centre
Shares of (RIL), India’s most valuable company by market capitalisation, gained on Wednesday, 10 June, after it announced India’s first AI-enabled data centre in Jamnagar, Gujarat, in partnership with global…
Market
The ₹12-lakh tax barrier holding back plug-in hybrid cars versus EVs in India
India’s plug-in hybrid vehicle (PHEV) market is finally taking shape, but its evolution is being driven as much by tax policy as by consumer demand. On June 9, BYD showcased…
Hyundai expects Chennai Plant 1 production to normalise by June 15 after Mobis fire
Production at Chennai Plant 1 in Sriperumbudur, which was affected by a fire at key supplier Mobis India Ltd on May 31, is expected to regain pace by June 15,…
Starlink responds as report claims India launch has been put on hold: ‘We have heard nothing but…’
Starlink has now responsed to recent reports about the Indian government freezing approval for its commercial operations in the country due to security concerns inked to the Iran conflict.. Lauren…
Reliance Industries and Meta join hands to develop AI-enabled data centre in Gujarat
(RIL) and Meta Platforms, Inc. (Meta) have partnered to set up a data centre in Jamnagar, Gujarat with 168 MW capacity to be delivered within two years and an option…
Axis
