Asset Reconstruction Company India Ltd, known as Arcil, secured Rs 220 crore from anchor investors. Its three-day initial public offering opens for public subscription on Wednesday. The company’s Rs 733 crore Initial Public Offering is entirely an Offer For Sale.…
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The Reserve Bank of India has launched three key surveys today. These surveys aim to gauge inflation expectations and consumer confidence across India. The Inflation Expectations Survey of Households will capture price movement assessments. Urban and Rural Consumer Confidence Surveys…
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India’s gross manufacturing leasing has reached a cumulative 69 million sq ft, registering a compound annual growth rate of 49 per cent since 2021, a report said on Wednesday.
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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 Wednesday.
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Indian stock markets experienced significant losses as Sensex and Nifty declined. Soaring oil prices and other factors spooked investors, leading to a market downturn. Major IT stocks like Infosys and TCS saw considerable drops, impacting the overall market. Broader markets…
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India must build sovereign digital trust layers for its expanding digital economy. The nation is transitioning to quantum-safe security, moving from policy to planning. Banks are assessing their cryptographic inventory and identifying vulnerable systems. This quantum-security push is driven by…
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