India's Budget 2025-26 Coverage
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Topics: Money news

Union Budget 2024-25 Expectations in the Finance Sector

As India prepares for the Union Budget 2024-25, financial professionals and management accountants are keenly anticipating measures to strengthen the finance sector's resilience and...

Viber plans to roll out a new app-based payment feature

Rakuten Viber, a global leader in private and secure messaging and voice-based communication, is expanding into digital payments with a mobile wallet available through...

Wobb collects Rs 2.1 crores in pre-Seed round

Gurgaon based Influencer marketing platform, Wobb has raised Rs 2.1 crores in a pre-series Seed funding round led by Titan Capital, and Point One...

PayPal dumps Pinterest $45 Bn acquisition plan

San Francisco-based online payment giant, PayPal Inc has reportedly denied acquisition deal of digital pinboard site Pinterest on Sunday. Responding to the media rumors on...

ICICI Bank launches ‘Cardless EMI’ facility for its pre-approved customers

India based leading private sector bank, ICICI Bank on Thursday announced the launch of 'Cardless EMI' facility for its pre-approved customers. These (Cardless EMI) facilities...

Interview: Gaurav Jalan of mPokket says, “We do not restrict our service to a limited number of cities or colleges”

While speaking with TechGraph, Gaurav Jalan, Founder & CEO of mPokket said, "Like other instant apps we do not restrict our services to a...

Fintech startup Open rolls out UPI AutoPay feature for small businesses

Fintech startup Open Financial Technologies has announced that "It is rolling out UPI AutoPay feature for its 650000+ small business customers." Open in its statement...

Fintech: Kimberly Nasief joins GammaRey’s board

Leading fintech company, GammaRey has announced the appointment of Kimberly Nasief as a member of its board of directors. Speaking on the appointment of Kimberly...

Edu-tech startup Codeyoung secures seed round funding from Guild Capital

Bangalore based online coding platform for K12 students, Codeyoung has raised an undisclosed amount from U.S. based Venture firm Guild Capital in a series...

U GRO Capital secures over Rs 400 crore, AUM for Q1 FY21 stands at Rs 847.4 crore

India-based fintech platform U GRO Capital has announced that "It has raised almost Rs 400 crore through non-convertible debentures (NCDs), term loans and commercial...

Yandex completes the reorganization of Yandex.Money and Yandex.Market with Sberbank

Russian tech giant Yandex has announced that they have completed the reorganization of their joint venture Yandex.Market and Yandex.Money with Sberbank. In a filing with...

SBI Card appoints Ashwini Kumar Tewari as Managing Director & CEO

Leaders in card payment SBI Card has announced the appointment of Ashwini Kumar Tewari as its new Managing Director & CEO of the company. In...

NSE: Zero transaction charges on commodity derivatives

India's leading stock exchange National Stock Exchange (NSE) has announced its plans to extend the zero transaction charge for trades done in the commodity...

Yes Bank Board approves fundraising plan through FPO

Private sector lender, Yes Bank on Tuesday announced that "Its board has approved the plan to raise funds through a further public offering (FPO)." In...

HDFC Bank records 25% increase in deposits at Rs 11,895 crore

An India-based private lender, HDFC Bank on Sunday, recorded an increase of 25 percent in its Q1 FY21 deposit at Rs 11,895 crore as...

Axis Bank to suspend UK subsidiary

Leading private sector bank, Axis Bank on Thursday announced its plan to shut down its UK subsidiary. In a filing with the exchange, the bank...

Indian Bank board approves plan to raise Rs 5,000 crore via bond

India's leading public sector bank, India Bank on Monday said, "It plans to raise about Rs 5,000 crore through issuance of bonds." In a filing...

Yandex agrees with Sberbank to reorganize Yandex Market and Yandex Money

Russian technology giant Yandex on Thursday said, "It has entered into a binding agreement with Sberbank to reorganize two of their joint ventures: Yandex.Market,...

NPCI: Transactions through Google Pay are protected by law

National Payments Corporation of India (NCPI) on Thursday said, "As Google Pay is classified as third-party app provider (TPAP), the transaction made through it...

Increasing Cases and United States ‘Carousel Retaliation’ spooks risk sentiment

The risk sentiment was souring as US trade representatives had proposed imposing tariffs on USD 3.1bn of imports from France, Germany, Spain, and the...

IDFC First Bank secures Rs 2,000 crore through allotment of preferential shares

Mumbai-based IDFC First Bank has raised nearly Rs 2,000 crore by issuing shares on a preferential basis to its promoters and others. In a filing...

Raymond to raise Rs 100 crore through NCDs

India's leading textile company Raymond Ltd is planning to raise up to Rs 100 crore through issuance of non-convertible debentures (NCDs) on a private...

Indiabulls Housing Finance secures Rs 1,030 crore through issuance of bonds

Indiabulls Housing Finance Ltd has raised Rs 1,030 crore through issuance of bonds on a private placement basis. In a filing with the stock exchange,...

Market Analysis: OPEC+ agrees to a historic production cut

OPEC+ agreed to the largest production cut ever of 9.7 mbpd which accounts for 10% of the daily global crude supply. US, Brazil, and...

Market Analysis: Dow ends above 23,000 mark for the first time in a month

The Dow gained 3.4% to close above the 23,000 mark for the first time in a month despite the US seeing the largest number...

Market Analysis: Crude drops to 18-year lows

Crude prices fell to their lowest levels in 18 years yesterday as markets fear the world may run out of storage space. There is...

Market Analysis: Stocks rise, USD weakened after US Congress approves stimulus package

We witnessed an emphatic recovery in global equities in the past couple of days. The US parliament approved a USD 2tn stimulus package which...

YESBankCrisis: ED summons Anil Ambani in money laundering probe

Reliance Group Chairman Anil Ambani has been summoned by the ED in connection with its money laundering probe against Yes Bank promoter Rana Kapoor...

ADB secures Rs 8.5 billion through offshore India rupee-linked bonds

The Philippines-based Asian Development Bank (ADB) on Tuesday said that “It has secured Rs 8.5 billion (approx $118 million), form a new issue of...

Finance Ministry of India denies sharing details of Swiss Bank account holders

The Finance Ministry has declined to share Swiss bank accounts details of Indians saying it is covered under "confidentiality provisions" of a tax treaty...

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