Latest posts
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UPI MDR kicks in October 15: Why NPCI expects no hit to transaction volumes
NPCI CEO Dilip Asbe said the new Merchant Discount Rate is unlikely to materially affect UPI transaction volumes, with the additional revenue expected to be reinvested in payment infrastructure and technologies such as soundboxes and AI.
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Concord Biotech Approves 1:1 Bonus Issue; Authorised Capital Raised to ₹22 Crore
This company is a pharmaceutical company whose activities include the production and development of fermentation derived APIs and dosage forms. This company has an involvement in the field of immunosuppressants, anti-infectives, and other pharmaceuticals. Its products cater to domestic as well as international markets. The shares of Concord Biotech are currently trading at Rs. 1,506.40, down…
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Bank holidays in October 2026: SBI, HDFC, and other lenders to remain shut for up to 11 days — Check RBI calendar
Banks in India will close for multiple days in October due to holidays, including national and regional observances. The RBI’s holiday calendar outlines numerous non-working days affecting banks across various states.
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Want insurance cover on your loan? IRDAI proposes new rules for lenders bundling the two; details here
IRDAI has proposed certain rules with an aim to provide clearer choices for borrowers considering insurance cover for their loans. Check full details here.
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Corporate NPS: why India needs to flip the retirement savings default
Corporate NPS offers tax benefits, low costs and long-term returns, yet only 5–6% of eligible private-sector employees participate. The answer may lie in changing one thing: the default.
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New luxury car or a pre-owned one? Here’s what depreciation, maintenance and financing mean for your wallet
Buying a luxury car is not just about comparing the price of a new model with a pre-owned one. Buyers should consider depreciation, loan interest, insurance, maintenance, warranty, repair costs and resale value to understand the actual cost of ownership.
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Premier Energies Commissions ₹3,293 Crore Solar Cell Plant in Andhra Pradesh: Where Is the 7 GW Facility Located?
Premier Energies has commissioned a new 7 GW N-type TOPCon G12R solar cell manufacturing facility at Naidupeta in Andhra Pradesh. The facility, developed with a capital expenditure of ₹3,293 crore, is spread across 101 acres and has started trial production. The new plant increases Premier Energies’ total solar cell manufacturing capacity from 3.6 GW to…
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Billionaire Ambani’s Reliance Industries eyes Rs 10,000 cr debt fundraise: Sources
Reliance Industries plans to raise around Rs 10,000 crore ($1.04 billion) via 10-year rupee-denominated bonds at a 7.90% annual coupon. Following a recent Rs 12,000 crore 5-year debt issuance, the oil-to-telecom major aims to secure funding ahead of the RBI’s October 7 monetary policy meeting amid favourable local yields.
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Sebi board meeting: PMS rules overhaul, FPI commodity trades among key decisions to watch out
Sebi’s upcoming board meeting aims to discuss significant changes to portfolio management services and settlement regulations. Proposed revisions could allow discretionary portfolio managers to make new types of investments, including overseas assets. The meeting is expected to review widening the accredited investor framework to increase market participation. Another key focus is enhancing foreign portfolio investor…
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PB Fintech loses Rs 22,700 cr from market value as stock crashes 26% after IRDAI’s reform plans. What Citi and Jefferies are warning
PB Fintech shares plunged 26%, wiping out nearly Rs 22,703 crore from its market capitalisation after IRDAI proposed changes to insurance commission structures. Jefferies flagged risks to distributor earnings, while Citi warned of a potential sharp compression in distribution economics across several high-margin insurance categories.