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Indian Stock Market Shows Signs of Recovery as IT Stocks Rally Amid US-India Trade Optimism

Indian equity benchmarks Sensex and Nifty closed marginally higher on Thursday, driven by strong performance in IT and tech stocks amid positive trade deal sentiment. However, profit-taking and concerns over US sanctions on Russian oil companies led to a reversal…

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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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  • Earning FD interest? Why you should submit Form 121 — TDS provisions explained

    A bank deducts 10% TDS if the interest payable on a customer’s fixed deposit exceeds ₹50,000 ( ₹1 lakh for senior citizens) in a financial year. A customer must submit Form 121 to avail a TDS exemption. However, interest must still be declared at the time of filing the ITR.

  • SpaceX surges past $2 trillion in Nasdaq debut: How much your ₹5 lakh investment could be worth by 2030

    SpaceX's IPO valued the company at $2 trillion, making it the sixth-largest U.S. company and turning Elon Musk into the first trillionaire. Investors are optimistic about its potential but face volatility as SpaceX is unprofitable with a price-to-revenue ratio of 112.

  • 29-year-old laid-off MNC employee with ₹5 crore net worth asks: ‘Should I be satisfied…?’

    The Redditor shared that his personal net worth stands between ₹5 crore and ₹6 crore, while his wife's assets are worth approximately ₹2 crore. He added that his wife, who earns ₹40,000 per month, has reassured him that she would stand by him during this period.

  • One EMI, better control: How debt consolidation improves financial discipline and repayment management

    Are you drowning in multiple EMIs? Debt consolidation can simplify repayments, improve cash flow, reduce missed payments, strengthen financial discipline, and help borrowers build healthier long-term debt management habits.

  • 5 powerful money lessons I learned from the world’s first trillionaire, Elon Musk

    Elon Musk faced severe challenges in 2008 with SpaceX and Tesla but remained dedicated to his long-term vision. Similarly, consistent investments create more wealth than chasing quick gains, highlighting the importance of a long-term approach to investing.

  • HDFC AMC data breach: Reset password, watch for SIM-swap - What you should do? What it means for your MF Investments?

    HDFC AMC has confirmed a data breach. Your mutual fund investments are safe, but your personal data may be at risk. Here is what investors must do now.

  • Bank holiday today, June 13: Are SBI, HDFC Bank, and other banks closed on Saturday?

     Banks across India are closed on specified holidays, including second and fourth Saturdays and Sundays. Online banking remains operational during these closures for uninterrupted access to financial services.

  • Why let gold sit idle? Here's how gold leasing can help investors earn returns

    Indian households often see gold as a wealth store, kept untouched for years. Gold leasing allows owners to lend their gold for interest while retaining ownership. Details here.

  • Advance tax deadline on June 15: Who should pay, who is exempt and do senior citizens need to pay?

    The first advance tax instalment deadline for FY 2026-27 is June 15, 2026. Here's who should pay, who is exempt and do senior citizens need to pay?

  • Govt flags AI-driven identity fraud risks in banking, fintech sector: What you can do to protect your money

    The central government has warned that deepfakes and synthetic identities are increasingly being used to target digital verification systems. Banks and fintech firms have been asked to strengthen onboarding and fraud-detection frameworks.

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