ZET has secured NPCI approval for a TPAP licence, enabling UPI payments using RuPay credit cards. The fintech expects monthly UPI-on-credit-card transactions to scale to about Rs 100 crore.
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Sensex Crash Today: Indian equities experienced a significant selloff for the third consecutive session, with the BSE Sensex and Nifty 50 tumbling due to global uncertainties and weak domestic earnings. Escalating tensions from U.S. President Trump’s threats, a depreciating rupee,…
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Bengaluru-based Rapido’s net loss for FY25 came in at Rs 258 crore, down 30% from the year ended March 2024. This was mainly on a marked improvement in operating leverage, with its Ebitda losses (or operating losses) coming down to…
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Adani Power plans to raise Rs 7,500 crore via non-convertible debentures, targeting institutional investors to refinance debt and fund operations. The company operates 18 gigawatts of thermal capacity and aims to expand to 42 gigawatts by 2032.
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Major Wall Street indexes experienced their largest one-day drops in three months, driven by renewed tariff threats from President Trump against Europe. This “risk-off” sentiment boosted gold to record highs and pressured U.S. Treasuries, while Bitcoin also declined. The selloff,…
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India-China trade: India’s industrial growth faces a new challenge as China restricts technology transfers. This impacts key sectors like electric vehicles and energy storage, affecting major Indian conglomerates. Despite recent diplomatic overtures, Beijing’s stance highlights a significant technology gap. India’s…
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