India emerges as global leader in IPOs: Economic Survey

Supported by sound macroeconomic fundamentals, strong domestic investor participation and continued regulatory reforms by Sebi, the markets remained resilient even as trade disruptions, volatile capital flows and uneven corporate earnings weighed on sentiment worldwide. Kindly note that this illustration generated

Why gold loan book has doubled in 2 years

State-owned lenders hold a dominant 60 per cent market share in the business, while gold-loan focused NBFCs (non banking finance companies) hold an 8.1 per cent share of the portfolio outstanding. Illustration: Dominic Xavier/Rediff The gold loan portfolio across the

UPI payments app PhonePe’s $1.5 billion IPO to see Walmart cut stake

Companies like PhonePe are entitled to an annual incentive for the promotion of low-value UPI transactions. This incentive has been coming down over years. Key Points Tiger Global and Microsoft will sell 1.039 million and 3.678 million shares The ban