A 30% spike in gold loan defaults scares banks and NBFCs.
Lenders are concerned about the sharp increase in the gold loan defaults. According to data from the Reserve Bank of India (RBI), gold loan non-performing assets (NPAs) increased by 30%…
As the outlook is shaped by the strong dollar, geopolitics, and RBI actions, the Indian rupee may experience pressure in 2025.
Experts in India are predicting that in order to reduce volatility, the Reserve Bank of India will keep interfering in the currency market. If other Asian currencies continue to decline,…
NPCI lifts the 30% market share ceiling on UPI apps for another two years and removes user limits for WhatsApp.
While PhonePe and Google Pay are relieved that NPCI has extended the deadline, Meta-owned WhatsApp benefited greatly from the removal of user limits. Dominant apps like PhonePe and Google Pay…
Standard Glass Lining Technology’s IPO is scheduled to begin on January 6, with an offering size of around Rs 410 crore.
Standard Glass Lining Technologies IPO: The IPO consists of promoters and other shareholders offering 1.4 crore shares for sale, as well as the new issuance of equity shares valued at…
Magicpin, financed by Zomato, is planning to join the tech-IPO trend and is in the process of hiring consultants.
According to persons familiar with the situation, Magicpin, a hyper-local e-commerce company supported by investors like Zomato and Light Speed Ventures, plans to go public in 2025 and has started…
According to an RBI report, the dynamics of food inflation are still at risk due to the increasing frequency of extreme weather occurrences.
Persistent geopolitical conflicts and geoeconomic fragmentation can also exert upward pressure on global commodity pricing and supply chains, the paper stated. According to the Reserve Bank of India’s (RBI) Financial…
DAM Capital, Mamata Machinery, and others: Today, three of the five freshly listed equities continued to rise
On their Friday stock market debut, shares of Concord Enviro Systems, DAM Capital Advisors, and Mamata Machinery soared, closing the day in positive territory. Transrail Lighting and Sanathan Textiles, meanwhile,…
Details about Transrail Lighting Limited IPO
An initial public offering (IPO) of Rs 838.91 crore was book-built for Transrail Lighting. It coupled an offer by promoter Ajanma Holdings Pvt Ltd to sell 10.2 million shares for…
IPO (Initial Public Offer )
An Initial Public Offer in short IPO is a another option for investment. If any private wants to sell their shares at first time to the public, the process of…