Start with what the order gets right. Its enforcement measures—camera-integrated challans and a pilot linking fuel access to valid insurance—target the mechanism of non-compliance directly. These deserve support and, ideally, faster rollout. The tenure extension is a separate question, and worth examining on its own terms.
Vijay Kedia-backed Kedia Securities has acquired 3.58 lakh shares in Exato Technologies, raising the combined holding of the firm and persons acting in concert to 9.68% of the company’s paid-up share capital. The stock has delivered near-multibagger returns in the last year, rising over 90%. The acquisition marks a 3.56% stake in Exato Technologies. After…
The Union Ministry of Finance has today proposed amendments to the Payment and Settlement Systems Act, 2007, which could in effect bring back merchant discount rates (MDR) on transactions done through the unified payments interface (UPI). Aimed at “funding UPI’s next phase of growth”. The amendments would allow the ministry to enable MDR on UPI…
Mumbai: Pre-IPO placements are making a comeback after a subdued start to 2026, with companies seeking to capitalise on strong institutional demand for upcoming public issues by locking in valuations and bringing in marquee investors ahead of their listings. So far in July, three companies have raised funds before launching their initial public offerings. At…
After rewarding investors handsomely in 2025, several of last year’s best-performing mutual fund categories have struggled to maintain their momentum in 2026, underlining how quickly market leadership can change. An analysis by Value Research of category-wise mutual fund returns through July shows that six of the seven major fund categories have seen their performance rankings…
The Employees’ Provident Fund Organisation (EPFO) has introduced the Amnesty Scheme, 2026, giving organisations operating exempted Provident Fund (PF) trusts under the Income Tax Act, 1961, a one-time opportunity to regularise their legal status. “Employers, stakeholders and the general public are advised to take note of the scheme, which will remain open for a period…
Gold and silver prices: The price of the yellow metal in India’s retail market rose on Tuesday, 21 July, amid continued tensions between the United States and Iran. Both 24-karat and 22-karat gold rates are showing a marginal increase across major cities. Silver prices, on the other hand, also rose in the domestic bullion market….