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Nothing to spin off CMF as India-based smartphone company
CMF, the budget sub-brand of Nothing, is transitioning to become an independent company based in India. With ambitions to design and sell 100 million smartphones globally each year, CMF will be largely owned by Indian investors and headquartered domestically. Through this partnership, Nothing will lend its engineering expertise and supply chain relationships, aiming to create a significant homegrown player in the global consumer electronics market.
'Retailers likely to pass UPI MDR to consumers'
Retail associations are voicing concerns that the proposed UPI charge will inevitably be transferred to consumers, either as new fees on bills or by incentivizing the use of cash payments. Small businesses, already operating with tight margins, find it difficult to absorb these costs, leading to fears that additional financial burdens will further strain their operations.
Bharat Biotech is back in action after a two-year post-Covid reset, founder Krishna Ella says, with the company expanding beyond vaccines into cell and gene therapy and monoclonal antibodies. The vaccine maker is advancing programmes for TB, Nipah, Ebola, chikungunya, malaria, Zika and antimicrobial resistance, while exploring an IPO to fund new therapies and potential acquisitions. Ella says the company, which currently has around Rs 2,000 crore in revenue and is debt-free, is focused on accelerating innovation and preparing the next generation to lead its human and veterinary businesses.
Gold sales during Ganesh Chaturthi down 15% in volume amid price surge
This year's Ganesh Chaturthi witnessed a 15% drop in gold sales volume compared to the previous year. Consumers opted for lighter gold pieces and exchanged old jewelry amid high prices. Nonetheless, sales of bullion coins and bars reflect cautious optimism among investors. Despite the decline, both wedding and self-purchase demands from younger buyers remain robust, signaling a potential increase in demand as the wedding season approaches.
The government is considering tougher medical device rules that could give regulators explicit powers to stop the manufacture, sale or distribution of unsafe, defective, substandard or spurious products and order their destruction. The proposed amendment to Rule 30(1) of the Medical Devices Rules, 2017, is aimed at strengthening enforcement, reducing ambiguity and ensuring potentially harmful devices are removed from circulation more quickly.
Small-cap mutual funds: How large- and mid-cap exposure differs across schemes; check 1-year returns
Small-cap mutual funds must invest at least 65% in small-cap stocks, but their remaining portfolios can differ. Heres how top 10 schemes compare on large- and mid-cap exposure and what their one-year returns show.
The prolonged suspension of TV ratings has intensified pressure on the Ministry of Information and Broadcasting to restore audience measurement, with broadcasters seeking greater revenue visibility and advertiser confidence ahead of the festive season. BARC is working to meet the governments TV rating guidelines, including expanding its panel to 80,000 and increasing independent representation on its board, while TAM India and Chrome DM have also applied to offer measurement services. Industry bodies have raised concerns over the financial viability of multiple rating agencies and potential discrepancies in viewership data.
Government may do away with UPI subsidies as MDR revenue kicks in
Government may end UPI subsidies for small transactions as merchant fees are introduced. Taxpayer-funded incentives for UPI and RuPay transactions are being phased out. No new subsidies have been paid for transactions since April 2025. This shift aims to make the payment ecosystem self-sustaining and reduce taxpayer burden. Incentive disbursements have significantly decreased in recent fiscal years.
Mundra Power Plant likely to run at full capacity till December
The power ministry is considering extending specific provisions to the Mundra power plant, allowing it to function at maximum capacity until December. This decision stems from the heightened power demands nationwide. Additionally, supplementary power purchase agreements are in the works with multiple states to address the ongoing energy shortages across the country.
Govt urges bank employees to refrain from strikes, resolve issues through dialogue
The Finance Ministry urged bank employees to resolve demands through dialogue and avoid strikes. Most union concerns have been addressed, and welfare measures are being introduced. A three-day strike is planned from September 28, impacting banking services. This strike coincides with the half-yearly closing of the banking sector. The government remains committed to employee welfare and constructive engagement.
Inox Clean Energy nears Rs 2,500 crore acquisition of Actis-owned Athena Renewables
Inox Clean Energy is close to acquiring Athena Renewables from Actis. This transaction is nearing conclusion with an in-principle agreement reached. The acquisition would significantly boost Inox Clean Energy's renewable capacity. Athena Renewables operates four solar power plants with over 554 MW. These assets have a strong operational track record and long-term agreements.
Maharashtra FDA faces systemic pressures as restaurant hygiene crackdown widens
Maharashtra FDA faces systemic pressures amid pushback from large restaurant chains. The agency is proceeding with hygiene crackdowns based on data and inspections. Licenses have been suspended for various violations, including unhygienic kitchens. Food safety requires a public movement and a 360-degree approach. The FDA is examining all establishments with the same impartial lens.
Ichor Biologics seeks $80-100 million PE funding for minority stake sale
Ichor Biologics is seeking eighty to one hundred million dollars from private equity investors. The Hyderabad-based company operates in the specialized plasmatherapy segment. Promoters Ananda Reddy Sudini and Sujana Sudini hold significant stakes in the firm. Ichor manufactures therapeutic protein products derived from human plasma. The company's products serve various critical therapeutic areas.
UPI payments for mutual fund and other capital-market transactions will attract a 0.02% MDR from October 15, capped at 300 per transaction. While the charge is meant to be borne by merchants, experts explain how investors could be affected if it is passed on.
Angel Ones founder Dinesh Thakkar strikes Rs 711 cr Juhu luxury tower deal
Dinesh Thakkar acquired a luxury residential tower in Mumbai for over Rs 711 crore. This significant transaction marks a record for residential properties in Juhu. The entire G+7 storey tower, Embassy Terazza, spans 63,000 sq. ft. Demand for ultra-luxury homes remains strong among high-net-worth individuals. Limited inventory in prime areas supports these high-value residential markets.
Indias plan to surpass Japans E10: India is developing indigenous high-speed bullet trains, with B28 trainsets designed for 280 kmph and expected to begin trials in 2027, while the proposed B35 aims for a design speed of 350 kmph by 2030. The move comes as the Rs 2 lakh crore-plus Mumbai-Ahmedabad High-Speed Rail project progresses, with India also working on domestic train-control technology and planning seven additional high-speed rail corridors.
The Richest Man in Babylon by George S. Clason offers timeless financial lessons through ancient parables.
Having 1 crore offers a range of spending options, but setting clear financial goals is crucial. Split the amount for essential expenses, emergencies, investments for growth and personal enjoyment.
Is UPI still the most affordable digital payments tool? Today we take a look at what the NCPI's FAQ document states about how merchant discount rate (MDR) charges on UPI transactions compare to fees on traditional debit and credit cards.
How reforms in banking shifted from boosting competition to building scale
On July 21, 1993, RBI provided in-principle approval to HDFC and Unit Trust of India, or UTI (its lender later became Axis Bank), for starting banking companies
India-New Zealand FTA will come into force on 20 October 2026, lowering or removing import duties on several products. From kiwi and apples to Manuka honey, heres what could get cheaper for Indian consumers and which products will remain excluded.
Bank employees across India will strike for three days starting September 28, seeking a five-day work week. Customers are advised to manage banking tasks in advance, with October 2 being a national holiday. The strike is supported by the United Forum of Bank Unions, representing 90% of employees.
T-Mobile, Jio achieve world's first 5G standalone roaming connection with Syniverse
T-Mobile and Jio have made history by achieving what they describe as the worlds first 5G Standalone (SA) roaming connection, enabling a more seamless international 5G experience for travellers. The technology uses a dedicated 5G core network and is designed to deliver faster speeds, lower latency and more reliable connectivity while users are abroad. Syniverse played a key role in enabling interoperability between the two networks, marking a significant development that could pave the way for new 5G services for consumers and businesses.
Delhis Pink Saheli Smart Card will be mandatory for free DTC and Cluster bus travel from 1 October. Eligible women and transgender residents aged 5+ can apply using Aadhaar and a linked mobile number. Here's how to get the card, its cost, and its validity.
Himachal Pradesh and central government pensioners in Shimla staged a protest on Saturday, demanding withdrawal of the Centre's 2025 pension validation legislation. They are seeking uniform revision of pensions irrespective of the date of retirement.
RNFI Money gets RBI approval to undertake cross-border trade remittances
RNFI Money, a wholly owned subsidiary of RNFI Services, has received RBI approval to undertake cross-border trade remittances. The licence will allow it to expand regulated foreign exchange, remittance and trade-payment services through RNFIs existing last-mile network, alongside the parent companys recent in-principle authorisation to operate as a Payment AggregatorPhysical (PA-P). The company said the licence has perpetual validity.
JP Morgans new India chief Rahul Badhwar aims for top spot in wholesale banking
Badhwar, who joined as senior country officer in July, plans to double down on dealmaking and corporate lending to outpace rivals, even as rich valuations and rising US yields spur foreign outflows.
Tax audit for AY 2026-27: Key changes in Form 3CD you should know before 30 September deadline
Tax audit for AY 2026-27 must be completed by 30 September 2026. Forms 3CA, 3CB and 3CD continue to apply, but Form 3CD has several changes covering MSME payments, loans and deposits, legal contraventions, buybacks, and other reporting requirements.
The Reserve Bank of India has issued revised market risk capital requirements for commercial banks, aligning Indian regulations with Basel III standards. Banks must adopt the framework by April 1, 2027. The directions revise rules for trading books, foreign exchange risk, interest rate risk, debt funds and credit derivative hedges.
Global renewable capacity hits record 693 GW addition in 2025: IRENA
Global renewable power capacity expanded by a record 693 GW in 2025, taking total installed renewable capacity to 5.15 TW, according to IRENA. The pace has narrowed the gap to the COP28 goal of tripling renewable capacity by 2030, but the world remains short of the target. Rising electricity demand from cooling, AI and data centres is also limiting the displacement of fossil fuels, which still accounted for 86% of global energy in 2025.
NHAI has introduced new guidelines for upcoming access-controlled high-speed National Highways to standardise design, improve road safety and enable smoother traffic movement. The framework covers four- and six-lane Greenfield and Brownfield corridors, with lane configuration and road width linked to traffic volumes. It also includes provisions for safer exits and entries, interchanges connecting key destinations, and one-metre-high boundary walls to prevent unauthorised access and stray cattle from entering high-speed corridors.
Passenger air traffic between India and Russia grew by almost a third in 2026
Aeroflot carried more than 185,000 passengers between Russia and India in January-August 2026, up 29% year-on-year, with 131,000 travelling between Moscow and Delhi. The airline expects stronger demand during the October-February winter period and operates flights between Moscow and Delhi, along with seasonal services to Goa from Moscow, Yekaterinburg and Novosibirsk. Tourist flows between Russia and India rose 8% in the first half of 2026.
If youre invested in Nifty 50 index funds, REITs could offer a different asset exposure. Their positive returns and higher distributions over the past year highlight how REITs could add diversification to an equity-heavy mutual fund portfolio.
The Finance Ministry reportedly called for a meeting with CEOs of public sector banks and regional rural banks today, to discuss measures to ensure smooth continuity of bank operations and essential customers services during the UFBU's 3-day national strike.
With the rise of AYUSH health insurance in India, Ayurveda treatment is becoming more accessible. Medical necessity and recognised hospitals are key for claims while inpatient care is typically covered.
A Rajdhani Express was briefly halted at Hawaipur in Assam's Hojai district after a herd of elephants, including young calves, began crossing the railway tracks. The unusual encounter, captured on video, was managed through coordination between the Assam Forest Department, the loco pilot and the Lumding Railway Control Room. The incident also highlights the importance of elephant corridors and wildlife safety measures along railway routes in Assam.
Naveen Jindal, chairman of Jindal Steel, said India can sustain its steel industry without depending on exports to the US, as domestic demand offers significant growth opportunities. He said higher US tariffs would have a limited impact on Indian producers. Jindal also discussed EU carbon rules, coal gasification and green steel.
Gas found near Odisha coast: ONGC has discovered gas in a deepwater exploration well in the Mahanadi Offshore Basin, around 43 km from Konark off the Odisha coast. The discovery, made under the Samudra Manthan deepwater exploration campaign, encountered gas at a depth of 1,4411,452 metres, with ONGC reporting encouraging flow and reservoir pressure. The find is subject to further appraisal and commercial evaluation, while its proximity to the coast and potential use of shared infrastructure could support development if commercial viability is established.
How Avas is shaping Alibaugs emerging wellness real estate landscape
Avas is redefining luxury living in Alibaug with new residential communities, Casa Avana and the upcoming Avas Wellness Club, bringing together design, wellness, hospitality and recreation to create an integrated lifestyle destination.
Income plus arbitrage mutual funds: ICICI Pru tops 1-year returns at over 6%; know the portfolio mix
Income Plus Arbitrage FoFs combine debt and arbitrage exposure through underlying mutual fund schemes. Here's a look at the top five performers by 1-year returns and what the categorys portfolio mix looks like.
Earlier in October 2025, 13 types of partial withdrawal provisions were merged into one unified and simplified framework. Prior to the simplification of norms, an EPF member was allowed to withdraw only the employee contribution and interest ranging from 50-100%.
Selling an inherited overseas property? Heres how India taxes the gain
An India resident selling an inherited Singapore property may face capital gains tax in India, with the acquisition cost and holding period linked to those of the previous owner.
What a higher PF wage ceiling means for employers and employees
The provident fund wage ceiling rises from 15,000 to 25,000, expanding mandatory EPF coverage to more employees and increasing employer contributions. This reform boosts retirement benefits but may reduce employees' take-home pay while enhancing social security alignment with wage realities.
Homegrown talent, MCC footprint to make India a global content production hub
India could emerge as a global content production hub by combining its growing AI capabilities, creative talent and expanding media global capability centres, industry experts said. The opportunity goes beyond traditional strengths such as VFX and outsourcing, with AI potentially enabling large-scale content production for global studios, streaming platforms and brands. Government initiatives including WAVES, WAVES Bazaar and Create in India Challenges are seeking to connect Indian creators with global markets, while investments in animation, VFX, gaming and comics are expanding the talent base beyond major cities.
Central Railway recovered Rs 140.8 crore in penalties from 18 lakh ticketless and unauthorised travel cases between April and August, marking a 40% rise from the same period last year. Mumbai division recorded the highest collection at Rs 58.5 crore, while August alone saw Rs 19.5 crore recovered. Officials attributed the increase to intensified ticket checks and the revised minimum penalty, which rose from Rs 250 to Rs 500.
Delhi to fund rooftop solar panels up to 3 kW for 2.25 lakh homes
Delhi Chief Minister Rekha Gupta launched a dedicated portal under the PM Surya Ghar Muft Bijli Yojana, offering free rooftop solar panel installations of up to 3 kW for 2.25 lakh households. The Delhi government will bear the entire installation cost, with registrations and allotments following a first-come, first-served system.
Dilip Buildcon sells stake in solar portfolio to Alpha Alternatives
Dilip Buildcon has divested its stake in a 1,363 MW under-construction solar portfolio to Alpha Alternatives.The portfolio has an estimated project cost of 6,263 crore, with Alpha Alternatives set to acquire DBLs remaining 51% stake upon completion.
JioStar steps up anti-piracy enforcement in Odisha, files FIRs against cable operators
JioStar has stepped up anti-piracy action in Odisha, with new FIRs in Bhadrak and Kandhamal against cable operators accused of retransmitting its TV channels without permission. The company says the cases form part of a wider crackdown on unauthorised cable networks and analogue transmission in the state.
BB allows offshore banking units to buy, sell and swap foreign currencies more freely
In a circular issued today, the central bank said the move aims to facilitate legitimate customer transactions
Equity mutual fund participation is broadening across India, particularly among women and investors in B30 locations. Womens equity allocation rose from 40% in 2020 to 65% in 2025, while B30 equity AUM reached 65.9% in July 2026. Despite market corrections, equity AUM, folios and inflows continued growing, indicating wider investor participation.
Bank strike from September 28 to 30: SBI issues advisory, which banking services will be available?
Bank unions have called for a three-day nationwide strike from September 28 to 30, potentially affecting banking operations. Here is a list of SBI services that will remain available during the strike
Bank unions are planning a three-day nationwide strike from September 28 to 30. Here's whether your EMI and credit card bill payments will be disrupted.
The Chennai ITAT restored a TDS dispute involving nearly 3.79 crore in payments after the taxpayer missed notices and filed appeals 60 days late. The tribunal condoned the delay and ordered fresh examination of the case.
5-Day Banking Blackout Ahead: SBI Issues Crucial Advisory as UFBU Calls Nationwide Strike
A three-day bank strike from September 28 to 30 may disrupt banking operations. The Finance Ministry has set up a meeting with public sector bank executives to ensure continuity of essential services. Details here.
SIM card misuse can attract 50 lakh fine, 3-year jail: DoT warns users, heres what you should check
DoT has warned mobile users that fraudulent SIM issuance, misuse of telecom identifiers and IMEI tampering can attract up to 3 years in jail and a 50 lakh fine. Users can check mobile connections issued in their name and verify handset details through the governments Sanchar Saathi portal and app.
ICICI Bank and Eternal among top 5 largecap stocks sold by mutual funds in August. Check details
Largecap stocks saw heavy mutual fund selling in August, with ICICI Bank, Infosys, Eternal, Tech Mahindra and PFC among the top five stocks by net outflows, according to Dolat Capital.
Personalization of benefits is no longer an HR perk, it's leadership imperative
A 24-year-old starting a career, a new parent, a mid-career employee supporting ageing parents and a colleague managing a chronic health condition do not face the same risks. Giving all of them an identical health insurance package may be administratively equal, but it is not experienced as fair.
Worlds best airlines 2026: Singapore Airlines tops list; where do Air India, IndiGo rank?
Singapore Airlines has been named the worlds best airline for 2026 in Skytraxs World Airline Awards, ahead of Qatar Airways and Cathay Pacific. Among Indian carriers, Air India jumped 27 places to 57th globally and topped the India and South Asia ranking, while IndiGo slipped to 61st from 39th last year.
Biocon arm gets positive EMA panel recommendation for breast cancerbiosimilar Pebrilzo
Biocon Biologics has received a positive recommendation from the European Medicines Agencys CHMP for its Pertuzumab biosimilar, Pebrilzo, for HER2-positive breast cancer. The European Commission will take the final decision on marketing authorisation across the EU.
A dispute over a vehicle insurance claim for rainwater damage was resolved in the car owner's favour, and he received compensation. Full details about the case here.
8th Pay Commission HRA calculation: Can Level 10 employees get Rs 57,000 monthly?
Your mutual fund portfolio can become riskier even if you hold the same schemes, as market movements can change asset allocation, concentration and overlap. Regular portfolio-level reviews can help investors identify these shifts and check whether their risk remains aligned with their goals.
Starbucks plans Chennai GCC with 800 new jobs
US coffee giant Starbucks plans to open a global capability centre in Chennai. This new facility is expected to create approximately 800 jobs during its initial phase. The move follows a similar announcement by US pharmacy chain Walgreens for Chennai. Global capability centres now handle higher-value functions beyond basic support. These centres are increasingly vital for multinational corporations' operations.
Today, gold prices saw a minor drop among leading Indian jewellery retailers. Lets have a look at the latest 22k gold rates at Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and Tanishq in New Delhi, Mumbai, Chennai, Kolkata, Trivandrum and Bengaluru. Also see the updated indicative rates of 24k, 22k, 20k, 18k and 14k gold and 999-purity silver at the IBJA today.
Hormuz shuttles keep oil flowing, but at a high cost
Middle East oil producers are increasingly using ship-to-ship (STS) transfers off Oman to keep crude exports moving despite disruptions from the Iran conflict and risks around the Strait of Hormuz.
US Fed rate hike: where are risks and opportunities for debt mutual fund investors ?
Rate-hiking phases are rarely comfortable for bond investorsthey bring volatility, but the same rise in yields also opens up entry points.
India overtakes Hong Kong to become Asias fourth-largest REIT market
India's REIT market value grew significantly, surpassing Hong Kong for the first time. New listings and expanded portfolios substantially increased the total space available for investors. Office REIT occupancy remained high due to strong demand from multinational companies. The Chinese mainland also saw substantial growth through new product issuance and expanded asset classes. Both China and India are expected to remain key growth engines for the region's REIT markets.
Indias skies have a new economy-business class divide, report shows
Economy airfares rose sharply across India's busiest domestic routes in early 2026, while business-class fares, conversely, experienced significant declines on many of these same routes. This divergence marks a notable shift from previous years' fare trends. Airlines are gaining pricing power in economy while facing competition in premium cabins. Increased demand and capacity constraints are driving up economy ticket prices.
The rise of asset-backed borrowing in India's credit ecosystem
Asset-backed borrowing is gaining traction in India's credit market, particularly through gold-backed lending, which provides essential liquidity without needing to sell investments immediately. The rise of digital platforms is making these services more accessible and transparent. As borrowers seek flexible and short-term funding solutions, this trend showcases a shift in liquidity management and financial habits that cater to modern needs.
Indias next phase of semiconductor growth should focus beyond manufacturing capacity on building a domestic ecosystem where chips designed, produced and packaged in India are used in locally designed products, an EY-IESA report said. With semiconductor consumption projected at $200 billion by 2035, the report called for greater downstream value creation.
Stellantis takes full ownership of Thiruvallur plant; targets 160 pc production ramp-up by 2027
Stellantis India has acquired full ownership of its manufacturing operations in Thiruvallur, Tamil Nadu, after buying the remaining stake from CK Birla Group firm Hindustan Motor Finance Corporation. The automaker plans to raise production from 18,000 units in 2026 to over 50,000 annually by 2027, while more than doubling its direct workforce.
A major disruption in banking services is anticipated as the United Forum of Bank Unions has announced a three-day strike at the end of September 2026. This action will halt operations in bank branches, resulting in an extended closure from September 26 to 30.
To manage emergency funds effectively, investors can utilize the FD laddering strategy, allocating amounts across several fixed deposits with different maturities. Here's how it works.
The BSE Sensex has experienced a notable drop, raising concerns among investors. Financial analysts recommend avoiding attempts to time the market and encourage maintaining systematic investment plans (SIPs). For those with a long-term outlook, gradually increasing equity allocations is advisable. Additionally, rebalancing portfolios during market corrections is an effective strategy for achieving target asset allocations. Flexi-cap and multi-cap funds may provide a level of stability for fresh investments.
Active large-cap funds delivered an average -3.09% return over the past year, with only four of 33 funds posting gains. Several of the category's biggest schemes also delivered negative returns.
SME IPOs returns in 2026: 21 became multibaggers, but investors also faced 50% losses: What to know
10 lakh investment in gold: Know how physical gold, ETFs & SGBs differ on returns, risk and tax
Best banking & PSU mutual funds to invest in September 2026
Mutual fund advisors say banking & PSU debt schemes are relatively safe because these schemes invest only in bonds and papers of banks and public sector companies. Since most of these entities are government-backed, they dont have the credit risk.
Gold prices in India fell nearly 0.5% today during early trading hours amid US-Iran conflict uncertainties. Check retail rates of both gold and silver in top metro cities of India today.
RBI has extended an existing KYC facility to foreign portfolio investors, allowing Indian banks to accept specified documents certified by authorised overseas authorities. The change, effective 18 September 2026, simplifies document certification for FPIs but does not remove their KYC requirements.
Inox Clean Energy set to buy Actis-owned Athena Renewables for Rs 2,500 crore
Inox Clean Energy is close to acquiring Athena Renewables from Actis for Rs 2,500 crore. This acquisition will significantly boost Inox's renewable energy generation capacity. The deal is nearing conclusion after an in-principle agreement was reached. Inox has been actively acquiring assets to scale up its operations quickly. This move aligns with its strategy ahead of a planned initial public offering.
A failed EMI payment can result in penalties and lower credit scores, as lenders report such details to credit bureaus. Check whether the borrower gets a grace period before it's reported.
The Delhi ITAT deleted a 34.8 lakh Section 68 addition after finding that the cash balance was linked to commission income already recorded and offered to tax. The ruling highlights why taxpayers receiving cash income should maintain proper books establishing the source of the cash balance.
Bank holiday today: Are banks open or closed in your state today on September 21, 2026?
On September 21, 2026, banks in few states will be closed today in observance of the Janmotsav of Srimanta Sankardeva and the Samadhi of Sree Narayana Guru. Meanwhile, banking operations will continue as normal in other parts of India.
SIP additions at a six-month high amid rising churn
In August, the number of new accounts for systematic investment plans (SIPs) soared to a six-month peak, marking significant activity. Nevertheless, the year-on-year growth showcased volatility due to an increase in SIP discontinuations, rising by thirty-one percent. This trend outpaced new account registrations. Despite cooling growth in contributing SIP accounts, net SIP inflows saw a healthy twenty-one percent rise compared to last year, totaling
Why stock-picking isnt for every retail investor
The internet and AI have made financial information more accessible than ever. However, access to information is not the same as acting upon it to your benefit. Professional fund management, meanwhile, puts a process between emotions and decisions.
Health insurance: Checking claim ratio isnt enough
The insurance advisory platform, Ditto Insurance, compares insurers on two key metrics: three-year average claim settlement ratio (by policy count) and number of complaints per 10,000 claims. Prospective buyers also need to take into account an insurers scale, track record, product portfolio and hospital network, among other factors.
Ultravolt enters: Will cable margins take a hit?
UltraTech Cement's breakthrough venture, Ultravolt, is set to disrupt India's wires and cables sector, heightening concerns for existing giants like Polycab India and KEI Industries, who are already seeing their stock values dip. With ambitions to secure a top-two market position within five years through bold tactics, Ultravolt's entry will primarily affect the residential market. Yet, the long-term outlook for the industry remains positive due to ongoing structural demand.
Gold loans are no longer just for emergencies
Manish Jain, Country Managing Director, Experian India, discusses the growing demand for gold loans, the lower risk of over-leveraging with enhanced regulation, and the future relevance of credit scores, in a conversation with Riju Mehta.
