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Mivi eyes Rs 1,000 cr revenue in FY26 with category expansion, geographic scaling, new mfg facility

Hyderabad-based Mivi, aims for Rs 1,000 crore revenue by FY26, expanding into IoT devices, smart wearables, and security cameras. Fueled by its Mivi AI platform, the company anticipates tripling revenue.

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FPIs pull out nearly ₹32k cr from equities in April so far

Foreign investors have withdrawn a substantial Rs 31,575 crore from Indian equity markets this month, influenced by global market turbulence stemming from US tariffs. This outflow follows a previous infusion in late March, but overall FPI outflow has reached nearly…

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RBI’s draft gold loan norms to hit NBFCs more than banks

The revised framework may reduce the effective LTV of the product due to the additional buffers required for gold price fluctuations and interest accrual. NBFCs, which have a larger proportion of bullet repayment loans, are expected to see disbursement volumes…

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Orient Cement profit declines 38.3 pc to Rs 42 cr in Q4

Orient Cement Ltd, a CK Birla group firm, reported a 38.3% drop in net profit to ₹42.07 crore for the March quarter, with revenue down 7.07% to ₹825.18 crore. For fiscal year 2024-25, profit declined 47.8% to ₹91.24 crore. The…

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Production of Apple iPhones in India surges 60 pc to Rs 1.89 lakh crore in 2024-25

Apple India has recorded a 60 per cent jump in iPhone production from its Indian supply chain with a turnover close to Rs 1.89 lakh crore during the financial year ended March 31, 2025, according to industry data.

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HDFC Bank trims savings account rates to 2.75%

HDFC Bank has reduced its savings account interest rates. The reduction is 25 basis points, now at 2.75%. Balances above Rs 50 lakh will earn 3.25%. This move follows an RBI repo rate cut. Other banks are also adjusting deposit…

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News

  • ₹5 lakh DICGC bank deposit insurance: Is it enough or should the govt increase it?

    DICGC insurance covers 97.6% of the total bank accounts, but only 41.5% of the value (amount) of deposits. The cover was last increased from ₹1 lakh to ₹5 lakh in 2020. In 2025, a proposal to increase it was considered.

  • New income-tax rules may revive interest in old regime for high-income salaried taxpayers

    The recent proposals in the Income Tax Rules enhance education and college hostel allowances and reclassify cities for HRA purposes. These changes may entice salaried individuals to reconsider the old tax regime, especially in high-rent urban areas. 

  • Indian market is 18 months ahead of its fair value: DSP Mutual Fund's Kalpen Parekh

    Despite consolidating over the past year, the market remains expensive and investors should therefore moderate their return expectations, Parekh told Mint in an interview.

  • Beyond the comfort of groups: Why individual health insurance still matters

    Group and affinity health insurance expand coverage, but their short-term nature, hidden risks and lack of continuity make them an unreliable substitute for individual health policies.

  • US 2025 tax returns: What is the deadline to file taxes? What happens if you miss it during the 2026 tax filing season?

    As the 2026 tax filing season comes, it is important to know the deadline for filing 2025 tax returns. Taxpayers who delay filing their taxes often have to face penalties, late fees and other issues.

  • Bond yields are rising. How should you reposition your debt fund portfolio?

    With bond yields firming up, fund managers say debt fund investors need to strike a careful balance in their portfolios to guard against further upside risks. Here’s how they are positioning debt strategies in the current environment.

  • How to ensure your retirement corpus does not run out early

    With proper planning, a little bit of caution and effort, you can have a smooth retirement. 

  • US Social Security Payments Schedule: Check beneficiaries, eligibility criteria —here's who will be paid on 11 February

    Social Security payments in the United States for February 2026 will be distributed based on beneficiaries’ birth dates. Those born between the 1st and 10th will receive payments on 11 February, while others will be paid later in the month. 

  • Why Indian households are rich in property and poor in security

    India’s housing and pension markets are failing households. Fixing mortgages and retirement savings could do more for financial security than any new scheme or subsidy.

  • Why doing nothing is sometimes the hardest—and smartest—investment decision

    From finfluencer hype to F&O losses, the urge to constantly act is quietly eroding retail investor returns. In many cases, patience, not activity, delivers better outcomes.

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