RBI cancels Certificate of Registration of X10 Financial Services Limited due to irregular lending practices
The CoR has been cancelled by RBI as the company has violated RBI guidelines on code of conduct in outsourcing of financial services in...
Zomato and Swiggy saw their stock prices plunge over 9% in a single trading session following Zomato’s quarterly results
Zomato's share price plunged over 9% during Tuesday's trading session following disappointing Q3 results. On Monday, the company reported a 57.2% drop in consolidated...
RBI updates FEMA regulation to boost cross-border rupee transactions
To promote the increased use of the Indian Rupee (INR) in trade transactions, the Reserve Bank of India (RBI) introduced the Special Rupee Vostro...
Global conflict, Environment and Disinformation are the top threats in 2025: Report
Geneva, Switzerland – The World Economic Forum’s 20th edition of the Global Risks Report, published today, highlights an increasingly fragmented global landscape where mounting geopolitical,...
ABB India celebrates its 75th anniversary
ABB India marks 75 years of operations, a journey underscored by technological innovation, sustainable solutions, and significant contributions to India’s industrial and social development....
Swiggy and Zomato under fire: FHRAI to Aapproach commerce ministry over alleged anti-competitive practices by quick food delivery apps
The Federation of Hotel and Restaurant Associations of India (FHRAI) plans to raise concerns with the Ministry of Commerce and Industry regarding standalone quick...
RBI imposes monetary penalty on Indian School Finance Company Pvt. Ltd., Telangana
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹50,000/- on Indian School Finance Company Pvt. Ltd. (ISFC), a non-banking financial...
RBI levies monetary penalties on 4 Co-operative Banks for breaching regulatory norms
Mumbai, December 30, 2024: The Reserve Bank of India (RBI) has imposed monetary penalties on four co-operative banks for non-compliance with regulatory norms. The...
Rupee weakens further amid strong Dollar and importer demand
The rupee continued its downward trend for the third straight day on Thursday, weighed down by a strong dollar and increased month-end dollar demand...
EY report projects 6.5% economic growth for India amid calls for fiscal reforms and investment acceleration
India's economic growth is projected to grow by 6.5 percent in the current and next financial year, according to an EY report. The report...
About 92 percent of Indian executives cite security vulnerabilities as the primary obstacle to responsible AI usage: Deloitte report
According to the AI at a crossroads: Building trust as the path to scale report by Deloitte Asia Pacific, about 92 percent of Indian executives...
Incarnation Specialty selects Intellect’s end-to-end underwriting ecosystem, eMACH.ai Xponent, along with InsureMO’s middleware capabilities
IntellectAI, the Insurtech business unit of Intellect Design Arena offering AI and data-powered underwriting solutions, and InsureMO, a leading global insurance infrastructure platform, announced that Incarnation Specialty, signed...
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ICRA Q1 FY2026 Results: Revenue rises 8.4%, PAT jumps 19.2% amid robust ratings growth & strategic acquisition of Fintellix
ICRA Limited announced its results for the first quarter ended June 30, 2025, on July 31st, 2025. Consolidated revenue from operations increased by 8.4%...
Google Play integrates K PLUS via Antom merchant payment service expanding payment options for users in Thailand
Google Play, Ant International’s Antom and KASIKORNBANK today announced the launch of K PLUS as a new local payment method on Google Play, marking...
Bybit: Smart money flows into ETH, SOL, and RWA-Concept Altcoins as stablecoin balances decline
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has released a new Smart Money Report. The analysis focuses on institutions' and influential traders'...
Retail leads NSDL IPO with 100% bids as QIBs 50%; Day 1 Subscription 38%
The highly anticipated initial public offering (IPO) of National Securities Depository Limited (NSDL), valued at ₹4,012 crore, recorded a 159% subscription on its opening...