Addressing the first post-Budget webinar on ‘Technology, Reforms and Finance for Viksit Bharat’, Modi said public capital expenditure has risen from Rs 2 lakh crore 11 years ago to over Rs 12 lakh crore in the Union Budget 2026-27, laying…
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IIFL Home Finance has secured a $300 million loan from the Asian Development Bank to expand affordable housing lending for low-income families, with a special emphasis on women. A portion of the funds will back green-certified, energy-efficient homes, helping address…
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Since July, over 4,500 employees have been laid off across Indian startups as firms streamline teams, focus on profitability, and pivot toward AI-driven models. Layoffs hit sectors from real-money gaming to home decor, while demand grows for experienced specialists and…
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The Reserve Bank of India has called in senior Yes Bank executives after a major security incident involving the Yes Bank–BookMyForex multi-currency forex card. According to reports, card numbers and CVV details of numerous customers may have been exposed. The…
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The Securities and Exchange Board of India (Sebi) has revamped mutual fund scheme classifications, mandating uniform naming conventions and eliminating the solution-oriented category. New rules also cap portfolio overlaps for thematic equity funds, potentially leading to consolidation and impacting arbitrage…
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India’s financial watchdog, NFRA, has inspected ten major audit firms. These include EY, KPMG, Deloitte, PwC, Grant Thornton, and BDO. Findings will be released by March end. Inspections focus on audit quality and governance. Some firms show improvement in processes.…
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