Competition in India's gold loan market is set to intensify as new players plan to add around 3,700 branches in 2026-27, more than double the roughly 1,500 branches added in the previous year, while expanding into states where traditional gold financiers ... read..
Global brokerage Bernstein has named Paytm a Top pick, citing merchant lending growth and operating leverage as the key drivers of its earnings growth, while maintaining its Outperform rating on the fintech major with a target price of ?2,200. ... read..
A growing mismatch between global copper mining and smelting capacity, tightening mine supply and shifting inventories, have pushed copper prices to unprecedented levels, the Indian Primary Copper Producers Association (IPCPA) said. ... read..
Indias wholesale inflation is likely to be moderated marginally in August, but the near-term outlook remains clouded by rising food prices, a rainfall deficit, elevated crude oil prices and persistent core cost pressures, according to a Union Bank of Ind ... read..
Mumbai (Maharashtra) | September 10, 2026 11:29:58 AM IST
Union Bank of Indias maiden US dollar-denominated bond issuance was oversubscribed by around 7.8 times and listed on NSE-IFSC at GIFT City, marking the banks return to international debt capital markets after a 12-year gap. ... read..
Outstanding bank credit as of July 2026 is 3.7 times that of non-banking financial company (NBFC) credit, with bank lending expanding at a much steeper pace, according to a report by Bank of Baroda. ... read..
The Central Board of Indirect Taxes and Customs (CBIC) on Wednesday defended the methodology used to calculate GST growth, saying the discontinued compensation cess cannot be retained in the comparison base and accusing attempts to combine different tax b ... read..
Sugar prices have cooled to Rs 44-49 per kg and remain under control, but the industry's crop outlook is still uncertain, with the Indian Sugar & Bio-Energy Manufacturers Association (ISMA) waiting for the next six weeks of rainfall data before finali ... read..
Indian benchmark indices open in the green on Thursday despite international Brent crude prices breaching the USD 100 per barrel mark amid rising geopolitical tensions. ... read..
India is entering a new phase of industrial growth, with private-sector participation and government support creating significant opportunities across six emerging sectors -- semiconductors, space, aerospace, electronics, solar manufacturing and data cent ... read..
Global brokerage firm Jefferies expects a 25 per cent compound annual growth rate (CAGR) in operating profit for Vodafone Idea Limited (VIL), driven by operating leverage, subscriber stabilization, and tariff-led earnings expansion. ... read..
Artificial intelligence could significantly accelerate economic growth by 2030, but faster AI adoption may also put pressure on employment and wages of knowledge workers, particularly in scenarios where AI becomes capable of autonomously performing a larg ... read..
Exports under free trade agreements (FTAs) are now growing faster than imports, signaling an improvement in the utilisation of trade pacts, according to Union Minister of Commerce and Industry Piyush Goyal. ... read..
Mumbai (Maharashtra) | September 10, 2026 9:29:24 AM IST
Following the recent launch of Kaisha Pharma, the founders have taken the next strategic step in advancing their global customer-centric vision with the establishment of Kaisha Pharma International in Italy. ... read..
The Insolvency and Bankruptcy Board of India (IBBI) has warned against misuse of IBC provisions for tax avoidance and evading investigations, directing resolution professionals to stay vigilant against fraudulent actions that undermine corporate rescue pr ... read..
Alleged fugitive businessman Vijay Mallya who is currently living in London has once again alleged that he is a victim of injustice by the Indian government and is living abroad due to the ongoing process in the UK.In a series of posts late on Wednesday ... read..
Mumbai (Maharashtra) | September 9, 2026 2:59:28 PM IST
Facing hundreds of attacks from hackers every day, the UIDAI Chairperson and Executive Director at the World Bank Group, Neelkanth Mishra, stated that the authority maintains continuous safeguards and deploys artificial intelligence to counter these evolv ... read..
Indias rising electronics imports from China reflect a deepening integration of supply chains rather than merely a dependence on price-competitive finished goods, with a new study calling for targeted localisation and greater domestic value addition in c ... read..
Mumbai (Maharashtra) | September 9, 2026 2:59:20 PM IST
PhonePe Chief Product and Technology Officer (CPTO) and founder Rahul Chari on Wednesday dismissed concerns over the security of card tokenisation on mobile devices, asserting that there is no fraud that gets enabled through card tokenization, even as b ... read..
Mumbai (Maharashtra) | September 9, 2026 2:59:01 PM IST
Reducing the cost of sending remittances to India to 3 per cent from the current average of 5-6 per cent could put an additional USD 5 billion in the hands of Indian migrant workers, Commerce Secretary Rajesh Agrawal said on Wednesday, highlighting digita ... read..
Mumbai (Maharashtra) | September 9, 2026 2:30:02 PM IST
Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey on Wednesday stressed the need to advance fintech innovation while safeguarding investor protection and market integrity, as he welcomed members of the International Organization of ... read..
Mumbai (Maharashtra) | September 9, 2026 2:29:42 PM IST
The India-US trade deal has been more or less finalised and the two sides are working on a framework for preferential market access before signing it at an appropriate time, Commerce Secretary Rajesh Agrawal said on Wednesday. ... read..
Mumbai (Maharashtra) | September 9, 2026 2:29:36 PM IST
Larsen & Toubro's energy arm has secured a large offshore order from state-run Oil and Natural Gas Corporation (ONGC) for the development of its Ratna-I and NLM-14 projects off India's west coast, with the project aimed at enhancing production from ON ... read..
Indias data centre capacity is expected to grow nearly five-fold over the next five years, supported by around USD 45 billion in facility capital expenditure. The expansion could unlock a USD 45 billion investment opportunity across key sectors, accordin ... read..
Mumbai (Maharashtra) | September 9, 2026 1:59:01 PM IST
The Global Fintech Fest (GFF) has emerged as one of the highlights of the Indian financial calendar, serving as a key platform where policymakers and market leaders define the next stage of the country's financial technology sector, said Ashish Kumar Chau ... read..
EaseMyTrip, one of India's leading online travel-tech platforms, has announced its much-awaited Big Travel Days Sale, running from September 9 to September 12, 2026. With the festive and holiday travel season approaching, the campaign brings together of ... read..
The Financial Intelligence Unit-India (FIU-IND) has issued notices to 15 Virtual Digital Assets Service Providers (VDA SPs) for non-compliance with provisions of the Prevention of Money Laundering Act (PMLA), 2002, the Ministry of Finance said on Wednesda ... read..
Indias textile sector is entering a multi-year growth phase, with the global China+1 sourcing shift creating significant export opportunities. However, the shift toward man-made fibres (MMF) remains a structural gap, according to a Jefferies report. ... read..
Akasa Air on September 8 successfully operated a commercial flight using conventional aviation turbine fuel blended with 1 per cent sustainable aviation fuel (SAF), supplied by Bharat Petroleum Corporation Limited (BPCL), the airline said in a statement. ... read..
The Directorate of Revenue Intelligence (DRI) seized around 740 kg of cannabis and charas across the country as it intensified its crackdown on illegal cannabis trafficking, leading to the arrest of 13 persons under the provisions of the Narcotic Drugs an ... read..
Bengaluru (Karnataka) | September 9, 2026 12:29:15 PM IST
PhonePe and Visa today jointly announced the launch of three new payment solutions: Tap to Pay, Cross Border Scan to Pay, and Smart Accept. Unveiled on stage by leadership from both organizations at the Global Fintech Fest (GFF) 2026, the partnership make ... read..
Domestic credit growth in India could moderate to 15 per cent by March 2027 from around 18 per cent currently as a higher base from December weighs on growth, while banks may still see stronger expansion through their overseas branches, Jefferies said in ... read..
Earnings of India's oil marketing companies (OMCs) are likely to rebound in the July-September quarter of FY27, supported by higher auto-fuel prices, improving marketing margins and lower LPG under-recoveries, but renewed volatility in crude oil prices co ... read..
OpenAI said that its newest artificial intelligence technology solved one of the "Millennium Problems," a collection of unanswered questions meant to push mathematicians to new heights using its latest AI agent GPT-6 Astra. ... read..
Artificial intelligence (AI) and related technologies could boost Asia's annual economic growth by 0.2 to 1 percentage point, helping offset the impact of a shrinking population and allowing the region to maintain or even exceed its recent growth rates, a ... read..
The Bharat International Rice Conference (BIRC) 2026 is set to strengthen its knowledge agenda with the International Rice Research Institute (IRRI), EY and S&P Global joining the event as Knowledge Partners, bringing together expertise in rice resear ... read..
The Reserve Bank of India may not need to raise the cash reserve ratio (CRR) in the immediate term as the banking system's surplus liquidity is expected to moderate through FY27, with the central bank able to use more flexible tools such as variable rate ... read..
Indias real estate sector needs faster approvals, digitised land records and a policy framework to address rising housing costs, industry experts said on Tuesday, highlighting affordability and ease of doing business as key challenges that need to be add ... read..
Bengaluru (Karnataka) | September 9, 2026 10:59:37 AM IST
Novo Holdings, Novo Nordisk and Novonesis announced the successful conclusion of the inaugural Novo Group India Day in Bengaluru. The event brought together senior leaders from the industry and from across the Novo Group alongside portfolio companies, ind ... read..
