New-age fintech lenders like Fibe, Navi, and Kreditbee have achieved profitable growth in FY26, demonstrating business maturity despite economic headwinds. This strong financial performance positions them well for planned public listings, with Kreditbee reporting the highest net profit.
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Oil prices surged over 2% as Israel ordered troop deployments into southern Lebanon, escalating tensions with Hezbollah. This renewed fighting raises concerns for a US-Iran ceasefire extension and regional stability, impacting global energy supply outlooks. Mines in the Strait of…
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Indian banks and financial firms are increasingly using AI for critical tasks like fraud prevention and decision-making. While early adopters are seeing success, many companies still face hurdles in infrastructure and governance. AI is now integral to core operations, not…
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The company is also strengthening its renewable energy ambitions. Ambani highlighted India’s decade of economic and digital transformation.
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Companies can now invest up to ten percent of their Corporate Social Responsibility funds into special instruments. These instruments are called zero coupon zero principal instruments. They are issued by not-for-profit organizations. This investment will happen through a Social Stock…
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India is planning new incentives to boost local production of battery components. This move aims to reduce import dependence for electric vehicle batteries. Discussions are ongoing for tax support and outcome-linked programs. The government is focused on developing domestic supply…
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