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States are using a roundabout way to borrow. And that's raising concerns

New Delhi, Sept. 11 -- States bumping up against India's constitutional borrowing limits are increasingly turning to state-owned corporations and special purpose vehicles to raise off-budget debt, mas... Read More


Manika Plastech opens, Steamhouse closes, and the Sensex claws back 622 points

Punjab, Sept. 11 -- Two smaller issues are in the market alongside the NSE announcement. Manika Plastech opened on September 11 and Steamhouse India closed the same day, while the benchmark indices st... Read More


NSE sets IPO price band at Rs 1,700-1,785, issue opens September 17

Punjab, Sept. 11 -- The National Stock Exchange has set a price band of Rs 1,700 to Rs 1,785 a share for its initial public offering. The issue opens on September 17 and closes on September 21. The t... Read More


Rentomojo IPO subscribed 72.88 times

Mumbai, Sept. 11 -- The initial public offer of Rentomojo received bids for 1,58,68,06,9198 shares as against 2,17,72,311 shares on offer, according to stock exchange data at 17:30 IST on 11 September... Read More


US market prediction: Dow, S&P 500, Nasdaq futures rise as oil prices retreat ahead of key CPI data

New Delhi, Sept. 11 -- US stock futures were trading higher on Friday, 11 September, as stocks looked to rebound after a weak previous session. The recovery came as crude oil prices retreated sharply ... Read More


IMI Appoints Chahat Mishra as Head of Internationalisation and Global Engagement

India, Sept. 11 -- IMI has announced the appointment of Mr. Chahat Mishra as Head - Internationalisation and Global Engagement, effective August 24, 2026. Part of the RP-Sanjiv Goenka Group, IMI is In... Read More


Indian man in Kuwait faces Rs 3.63 crore tax case after no ITR

Hyderabad, Sept. 11 -- An Indian working in Kuwait, Narshibhai, faced a Rs 3.63 crore tax case after the Income Tax Department flagged large sums in his Indian bank accounts and found that he had not ... Read More


Manika Plastech IPO subscribed 1.42 times on day 1

Mumbai, Sept. 11 -- The initial public offer (IPO) of Manika Plastech was subscribed 1.42 times on the first day of bidding on Friday, 11 September 2026, according to stock exchange data at 17:00 IST.... Read More


BIR, IMF partner to improve PH tax compliance risk management

Manila, Sept. 11 -- The Bureau of Internal Revenue (BIR) is cooperating with the International Monetary Fund (IMF) to establish a modern and data-driven tax compliance system in the Philippines. The ... Read More


Fintech Stocks Rally On Report Of 40 Basis Point MDR On UPI, Paytm Touches 52-Week High

India, Sept. 11 -- Fintech company stocks - Paytm, Pine Labs, Mobikwik and AvenuesAI - rallied today amid reports suggesting that the merchant discount rate (MDR) fees on UPI transactions could soon b... Read More