Indian Bank raising $400 million in overseas loan; syndication underway

Your shopping bills might get slightly higher this festive season as retailers consider raising prices or offering fewer discounts to offset a new fee on high-value UPI transactions. From October 15, a 0.4% Merchant Discount Rate (MDR) will apply to UPI payments above ₹2,000, capped at ₹300 per transaction. While the government has specifically stated…

Investors looking to generate alpha in their portfolios are increasingly betting on thematic funds, given the success seen in themes such as capital markets and defence in the recent past. WHAT ARE THEMATIC FUNDS? Thematic funds are those that invest at least 80% of their total assets in stocks linked to a particular theme. These…

It has been 10 months since the formal constitution of the 8th Central Pay Commission. This is a temporary commission established by the central government to hear the ideas, views, and grievances of unions and associations before submitting its final report to the central government. Administrative and consultative momentum has picked up sharply in recent…

Gold and silver alone drew in roughly ₹65,000 crore in a single year, despite the explosion of SIP culture and fintech-led investing. Gold imports have nearly doubled since 2017-18, crossing ₹4.89 lakh crore in FY25. Meanwhile, on the other side of the ledger, household financial liabilities have more than doubled in five years, growing faster…

The IC Electricals IPO is set to debut on the NSE SME platform on July 10, with strong demand in both the primary market and the grey market fueling optimism for a healthy listing. The IPO is currently commanding a Grey Market Premium (GMP) of Rs 44, indicating an estimated listing price of around Rs…

Sebi’s reforms and online bond platforms have made direct bond investing more accessible than ever. But should investors choose individual bonds over debt mutual funds—or use both?