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TReDS platform RXIL crosses Rs 2 lakh cr MSME invoice financing milestone

Receivables Exchange of India Ltd, an MSME invoice financing platform, has achieved a significant milestone. It has crossed Rupees two lakh crore in financing. In fiscal year 2025 alone, RXIL facilitated Rupees eighty thousand five hundred crore in financing. Over…

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Steamhouse India files confidential draft IPO papers; aims to raise up to Rs 700 cr

Steamhouse India, a steam and gas supplier, plans to launch an IPO. The company aims to raise between Rs 500 crore and Rs 700 crore. They have filed confidentially with SEBI. The Surat-based firm serves many clients nationwide. Expansions are…

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India’s Travel Food Services plans $233.5 million IPO; eyes $1.69 billion valuation

TRAVEL FOOD SERVICES-IPO/India’s Travel Food Services plans $233.5 million IPO; eyes $1.69 billion valuation

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India’s growth engine loses steam in June, may get back on track soon

On the positive side, India’s manufacturing activity strengthened and petrol consumption increased at a fast clip.

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India projected to clock 6.8-7 pc growth in Q2, current fiscal to register 6.3 pc: HSBC

India’s GDP growth is projected at 6.3 per cent in current fiscal (FY26) despite external headwinds, an HSBC report said on Wednesday, adding that with 70 per cent of the indicators growing positively, the Q2 growth (April-June) is trending at…

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Giant Trump tax bill faces make-or-break vote in Congress

Donald Trump is seeking final approval Wednesday in the US Congress for his marquee tax and spending bill, with Republicans pinning their hopes on a narrow victory that will help seal the president’s legacy. The president indeed applied further pressure…

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News

  • Got your first salary? Here’s how young Indians are making it work

    Rather than splurging, India’s young professionals are adopting disciplined, flexible budgeting to navigate their first years of earning.

  • Large caps currently have a bigger margin of safety than mid or small caps: SBI Mutual Fund's Anup Upadhyay

    Anup Upadhyay, fund manager at SBI Mutual Fund, said about 70% of the SBI Flexi Cap Fund is now in large caps, up from 55% a year ago. In an interview with Mint, he also spoke about his outlook for the market, sectoral bets, and structural changes in the SBI Flexi Cap Fund.

  • Budget 2026 and your portfolio: Track but retain long-term focus

    The budget 2026 is just one stop on your investment journey—it does not change your destination.

  • Why naming a nominee may be the most important step in your life insurance

    Assigning a nominee in a life insurance policy ensures faster claim settlement, legal clarity and financial security for families when they need it most.

  • Is a Hiba valid for gifting property to unborn grandchildren?

    Hiba made in favour of unborn children is invalid. A key principle that governs Hiba is the fact that Hiba can be effected inter vivos or among living persons. When a Hiba is made to a child in the womb, it would stand valid only if the child is born alive within 6 months from the date the Hiba.

  • Lessons from the Binny Bansal ruling: Dubai or Singapore not an easy NRI tax arbitrage

    Recent rulings in the Binny Bansal and Tiger Global cases signal that day counts and paper relocations are no longer enough. Tax authorities are looking for real overseas substance before granting non-resident status or treaty benefits.

  • Why did you just buy five books when you needed two?

    From false scarcity to hidden fees, digital platforms are engineered to extract maximum value. Here are the psychological weapons used against your wallet.

  • Tax season turns attractive for Americans as Trump's One Big Beautiful Act delivers $1,000 in refunds

    The Internal Revenue Service officially started accepting 2025 tax returns on 26 January, launching a taxpaying season that the White House projects could deliver an additional $100 billion returns to taxpayers.

  • How to merge two PF accounts, and is a withdrawal taxable?

    The latest UAN linked to your last employer should be retained, and the older one linked to your first employment must be merged

  • The second shift: How Gen Z is building wealth after office hours

    In an economy that demands diversification to survive, the best investment you can make might just be the one you do on a Saturday afternoon.

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