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Rays of Belief IPO closes 107 times subscribed as institutional demand surges

New Delhi, Sept. 3 -- The initial public offering of Rays of Belief Limited closed on September 3 with overall subscription of 107.71 times, as a surge in institutional and non-institutional demand on... Read More


Deepa Jewellers IPO closes 42x oversubscribed on final day

New Delhi, Sept. 3 -- Deepa Jewellers Limited's initial public offering closed on Wednesday with total subscriptions of 42.61 times the shares on offer, as the three-day bidding window shut at 5 pm. T... Read More


GST collections see wide divergence across top States in GST 2.0 regime

New Delhi, Sept. 3 -- In the GST 2.0 regime, which brought in major rate cuts to the tax, Gujarat and Karnataka have managed to grow their collections faster compared to Maharashtra, Tamil Nadu and Ut... Read More


Axis Energy bags contractfor 552 MWp solar project in AP

New Delhi, Sept. 3 -- Axis Energy has secured the Engineering, Procurement and Construction (EPC) contract for a 552 MWp utility-scale solar power project being developed by Evren, a joint venture bet... Read More


Coop banks in transition

New Delhi, Sept. 3 -- The RBI on August 5, 2026 released the "Draft Guidelines for 'on tap' Licensing of Urban Co-operative Banks" for public/stakeholders' Published by HT Digital Content Services wi... Read More


The changing economics of weak monsoon

New Delhi, Sept. 3 -- Conventional wisdom suggests that a deficient monsoon weakens rural demand. This year may prove otherwise. Despite rains at 11-13 per cent below normal so far this season, sowing... Read More


Led by China, central banks continued to buy gold in July

New Delhi, Sept. 3 -- Central banks, led by People's Bank of China (PBoC), continued buying gold across the world in July with net buying being 23 tonnes, the World Gold Council (WGC) said. "Emerging... Read More


When life policy changes hands

New Delhi, Sept. 3 -- Around seventy non-resident Indians, most of them in the Gulf, are putting together complaints against an Indian bank's Dubai operations. Between 2017 and 2019 they were sold uni... Read More


Census, and tricky issues in recording caste

New Delhi, Sept. 3 -- Now that the house-listing operations for the much-delayed Population Census have been completed and the population enumeration is eagerly awaited, the announcement that the Cens... Read More


HD Hyundai delegation visits Thoothukudi over shipyard plans

New Delhi, Sept. 3 -- A high-level delegation from South Korea's HD Hyundai, one of the world's largest shipbuilders, is in Thoothukudi to take forward the discussions on setting up a major shipbuildi... Read More