Mega PSU Bank Merger: Smaller Banks to Merge with SBI, BoB, and PNB by FY 2027 India plans a mega PSU bank merger by FY 2027, consolidating smaller banks like Indian Overseas Bank, Central Bank of India, and Bank of India with SBI, Bank of Baroda, and PNB to boost efficiency, credit growth, and financial […]
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Emirates NBD’s $3 Billion Bet on Indian Bank: Acquiring a 60% Stake in RBL Bank to Redefine Cross-Border Banking In a landmark move for the Indian financial services sector, Dubai-based Emirates NBD Bank PJSC (ENBD) has entered into an agreement to acquire a 60 % controlling stake in Indian private lender RBL Bank Ltd. (formerly Ratnakar Bank) through a preferential
U.S. Dollar Dominance: A History of Strategic Devaluation and Global Financial Resets 1. The 1934 Debt Wipeout: The Gold Reserve Act The Crisis: The U.S. faced historically high debt levels (relative to the pre-war era). The Strategy: President Franklin D. Roosevelt devalued the gold price from ~ $20.67 to ~ $35 per ounce. The Impact:
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India’s Gold Reserves Cross $100 Billion for the First Time! The Reserve Bank of India’s gold reserves have surpassed the $100 billion mark for the first time. It has reached a staggering $102.365 billion as of October 10, 2025. This milestone was achieved largely due to surging global bullion prices, even though the central bank’s
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Reliance Industries Q2 FY26: A Mixed Bag of Strength and Challenges Reliance Industries reported a consolidated net profit of ₹18,165 crore in Q2 FY26, marking a 10% year-on-year growth on a revenue of ₹2.59 lakh crore. Here’s a breakdown of the key highlights: Oil-to-Chemicals (O2C) Business: Revenue grew 3.2% YoY to ₹160,558 crore, with EBITDA
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Zepto Valued at $7 Billion After $450 Million Funding Round The popular 10-minute delivery platform, Zepto, announced raising a fresh funding round of $450 million. The influential US pension fund CalPERS (California Public Employees’ Retirement System) led the investment, making Zepto’s valuation catapult to $7 billion. Quick commerce giant Zepto has secured $450 million in
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Many SME promoters carry 10 myths about going public that hold them back from true growth: Discover the 10 biggest myths stopping SME promoters from going public in India. Learn how IPOs, governance, and capital markets can unlock growth, build trust, and scale your business in the journey toward Viksit Bharat. 1. “I’ll lose control
India’s Apparel Exports Take a Hit: 15% Drop in Q2 FY26 Based on reports from the Confederation of Indian Textile Industry (CITI), India’s apparel exports declined by 14.8% during the second quarter (July–September) of the financial year 2025–26, falling to $3.09 billion. The main drivers of this drop were weakening global demand and new U.S.
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TCS Q2 Results FY 2025-26: Profit, Revenue, and Dividend Updates 📊 Tata Consultancy Services (TCS) is set to announce its Q2 results today. Although the company has canceled its scheduled press conference to observe the death anniversary of Ratan Tata, here are some key updates and expectations: Key Highlights: Revenue Growth: TCS is expected to
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Record-Breaking Registrations of Companies: India’s Booming Business Landscape India has witnessed a remarkable surge in company and Limited Liability Partnership (LLP) registrations in the first half of the financial year 2025. Here are the key highlights : Record Registrations: Over 1.22 lakh companies and 45,285 LLPs were incorporated between April and September, reflecting investor optimism
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