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Govt-backed ONDC appoints Rohit Lohia as chief business officer

Open Network for Digital Commerce (ONDC) has appointed Rohit Lohia as its Chief Business Officer. Lohia, with extensive experience in fintech, payments, and entrepreneurship, previously served as senior vice president at Paytm. His appointment aims to foster an ecosystem of…

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India’s consumer and retail sector deal activity recovered in Q3 to touch $3.4 billion: Report

Grant Thornton Bharat’s Q3 2025 Dealtracker shows 132 transactions worth USD 3.4 billion, a near fourfold rise in value quarter-on-quarter, led by textiles, apparel & accessories, food processing and e-commerce. M&A activity returned at scale, private equity rounds doubled in…

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India’s Torrent Pharma to proceed with $1.6 bln bond issue after regulatory nod, bankers say

Torrent Pharmaceuticals will proceed with a 140 billion rupee bond sale after regulatory approval for its JB Chemicals acquisition. This marks the largest rated issue this financial year, extending the trend of acquisition funding via domestic bonds. The company aims…

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Deloitte Projects India’s Economy to Grow 6.7-6.9% Amid Strong Demand and Reforms

Deloitte India forecasts the nation’s economy to grow between 6.7-6.9% this fiscal year, driven by robust domestic demand and policy reforms. Buoyant consumption and anticipated private investment are key drivers, though global headwinds like trade uncertainties pose potential risks. Persistent…

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UPI clocks highest ever single-day payments of Rs 1.02 lakh crore as GST rate cuts spur demand

Finance Minister Nirmala Sitharaman highlighted on Thursday that the unified payments interface (UPI) platform processed 754 million payments worth Rs 1.02 lakh crore on October 18, marking the highest single-day tally, as consumer demand surged due to the GST rate…

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Fast, Quick and Fearless: Inside Suman Hegde’s Journey from HUL to JubilantFoodWorks

Calm, curious and quietly disruptive, Suman Hegde, CFO of Jubilant FoodWorks, is redefining how finance powers India’s quick service restaurant (QSR) revolution. How is she transforming finance with technology, balancing compliance with agility, and shaping a future-ready, human-centred CFO playbook…

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  • 8th Pay Commission accelerates consultations on fitment factor and salary revision – top 5 updates

    8th Pay Commission gathers pace: The Commission is inviting stakeholder feedback before finalizing recommendations on the fitment factor, salaries and pension reforms expected to impact over 1.19 crore beneficiaries.

  • Bank holiday today: Are bank operations shut for Muharram on 26 June in Mumbai, Delhi, Chennai? Check RBI calendar here

    Bank holiday today: Banks are closed across cities in India today on account of Muharram. In addition to the common national and gazetted holidays, banks in India could have local holidays and festivals off, as required.

  • Should you invest in last year’s top mutual fund? Experts warn against this common mistake

    Experts caution against chasing performance after fund rankings, as returns are influenced by market conditions. Instead, investors should focus on long-term goals and avoid frequent switches, which can lead to missed opportunities and additional costs.

  • Micron shares surges after blockbuster earnings: Here's what is driving the rally and how Indians can invest

    Micron Technology surpassed Meta Platforms' market valuation and briefly exceeded Tesla's, following a strong forecast that boosted shares by 18.4%. With a market cap of $1.398 trillion, demand for AI-related hardware has led investors to favor Micron among trillion-dollar chipmakers.

  • Multi-cap vs flexi-cap funds: Why multi-cap funds are outperforming across 1, 3 and 5 years

    Multi-cap funds have outperformed flexi-cap funds across the 1-, 3-, and 5-year periods, reviving a long-standing debate over whether mandated diversification across market capitalisations is superior to manager-driven flexibility.

  • I asked ChatGPT which financial mistakes people in their 40s regret the most, and it gave me a lot to think

    Many professionals in their 40s discover that their biggest financial mistakes were not bad investments, but delayed decisions. By this stage, income is often at its peak, but competing obligations can make it easy to feel wealthy even as you fall behind on long-term goals.

  • Should you switch SIPs to last year’s top-performing fund? This study has the answer

    Investors who switch based on the previous year's performance may end up buying into a segment after much of its rally has already occurred. For long-term SIP investors, consistency and discipline may prove more effective than repeatedly chasing the latest market winner.

  • UTI Nifty 50 Index Fund vs ICICI Prudential Large Cap Fund: A quick comparison of passive and active investing styles

    UTI Nifty 50 Index Fund passively tracks the Nifty 50 Index, whereas the ICICI Prudential Large Cap Fund is actively managed with the objective of outperforming its benchmark through stock selection. 

  • Energy mutual funds: Meaning, top 5 funds, key factors, advantages and risks explained

    Energy funds are thematic equity schemes that invest primarily in companies in the energy sector. These funds invest in oil & gas exploration, refining, power generation and distribution, coal mining, renewable energy, energy equipment, and financing companies. 

  • I asked ChatGPT to plan a semi-luxury trip to Azerbaijan for 2 — It gave a modest ₹60K budget without flights

    For good weather plus softer luxury pricing, aim for April, May, September, or early October. 

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