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HiWiPay gets IFSCA in-principle nod to set up payment service provider at GIFT City

New Delhi, July 1 -- Cross-border payments platform HiWiPay has received in-principle approval from the International Financial Services Centres Authority (IFSCA) to set up a wholly owned payment serv... Read More


TVS extends lead as India's electric two-wheeler registrations surge 74% in June

New Delhi, July 1 -- India's electric two-wheeler (E2W) - BoV and Pure EV - industry maintained its rapid growth momentum in June 2026, with registrations surging 74 per cent year-on-year to 1.91 lakh... Read More


Industry calls for National Stainless Steel Policy, anti-corrosion mission

New Delhi, July 1 -- The stainless steel industry has urged the Centre to introduce a National Stainless Steel Policy and a National Anti-Corrosion Policy to strengthen domestic manufacturing and acce... Read More


Ahmedabad-based Wealth First to acquire Mumbai wealth manager in Rs.102-cr deal; targets Rs.20,000 cr AUM

New Delhi, July 1 -- Listed wealth management firm Wealth First Portfolio Managers Ltd has approved the acquisition of a controlling stake in Mumbai-based Wealth First Advisors Pvt Ltd (WFAPL) in a tw... Read More


Why ESIC decided to directly run new hospitals: The West Bengal trigger

New Delhi, July 1 -- Employees' State Insurance Corporation's (ESIC's) decision on Tuesday to directly manage its new and upcoming hospitals stems from the fact that West Bengal, under previous Mamata... Read More


Ananta Capital picks up majority stake in alum-based personal care brand Phitku

New Delhi, July 1 -- Ananta Capital has acquired a majority stake in Phitku, the personal care and hygiene brand known for its alum-based formulations. Sources pegged the deal size at about Rs.100 cro... Read More


Domestic manufacturing shielding IT supply chain from geopolitical stress: Redington India CEO

New Delhi, June 30 -- AI-driven surge in memory prices, which has pushed up device costs across categories by 30-50 per cent, is resulting in softer demand in some segments but value growth is continu... Read More


Massive fire at Haldia Petrochemicals pipeline injures 10, disrupts rail service

New Delhi, June 30 -- More than 10 people were injured after a massive fire broke out at a naphtha-carrying pipeline of Haldia Petrochemicals in West Bengal's Purba Medinipur district in the early hou... Read More


RBI's FSR flags geopolitical risks to India despite West Asia truce

New Delhi, June 30 -- The Indian economy and the financial system continue to remain susceptible to geopolitical tensions and associated shocks despite headwinds from the West Asia conflict receding w... Read More


Growing bank exposure to State govt securities warrant monitoring of fiscal risks: RBI's FSR

New Delhi, June 30 -- Growing bank exposure to State Government Securities (SGS) could strengthen linkages between State finances and bank balance sheets, warranting close monitoring of fiscal risks a... Read More