World Bank Sees India Growth at 6.6% in FY27, Flags Inflation Risk from Energy Prices
The World Bank has projected India’s economy to grow at 6.6% in FY27, reinforcing the…
World Bank Sees India Growth at 6.6% in FY27, Flags Inflation Risk from Energy Prices
The World Bank has projected India’s economy to grow at 6.6% in FY27, reinforcing the country’s position as one of the fastest-growing major economies. However, the global lender has also flagged inflation risks stemming from volatile energy prices, cautioning policymakers to remain vigilant as external shocks could impact domestic stability. India’s Growth Outlook India’s growth…
Visa Processing Startup Atlys Announces ESOP Buyback Worth Rs 4 Crore
Visa processing startup Atlys has announced an Employee Stock Ownership Plan (ESOP) buyback worth Rs 4 crore, signaling its commitment to rewarding employees and strengthening retention. The move highlights the company’s growth trajectory in the travel-tech sector and its focus on building long-term value for both employees and investors. What Is an ESOP Buyback? An…
Rupee Opens 40 Paise Higher at Rs 92.64 per Dollar on Iran Ceasefire as Traders Eye RBI Policy Meet
The Indian rupee opened 40 paise stronger at Rs 92.64 per dollar on Wednesday, buoyed by global relief following the announcement of an Iran-US ceasefire. The truce eased geopolitical tensions in the Middle East, triggering a sharp fall in crude oil prices and boosting investor sentiment. Traders now turn their attention to the upcoming RBI…
Arvind SmartSpaces Signs Two Redevelopment Projects in Mumbai, Eyes ₹2,700 Crore Revenue Potential
Real estate developer Arvind SmartSpaces has announced the signing of two major redevelopment projects in Mumbai, with an estimated ₹2,700 crore revenue potential. This marks a significant expansion for the company in India’s most lucrative property market, reinforcing its strategy to tap into urban redevelopment opportunities in metro cities. The Projects in Focus The two…
Poonawalla Fincorp Likely to Launch ₹5,000-Crore QIP: Sources
According to market sources, Poonawalla Fincorp is preparing to launch a Qualified Institutional Placement (QIP) worth ₹5,000 crore, marking one of its largest fundraising initiatives to date. The move comes as the non-banking financial company (NBFC) looks to strengthen its capital base, expand lending operations, and position itself for long-term growth in India’s competitive financial…
KreditBee Raises $280 Million at $1.5 Billion Valuation, Eyes IPO by Early 2027
Indian fintech startup KreditBee has successfully raised $280 million in fresh funding, pushing its valuation to $1.5 billion. The company, which specializes in digital lending solutions for individuals and small businesses, has announced ambitious plans to go public with an IPO by early 2027. This marks a significant milestone in India’s rapidly growing fintech ecosystem,…
Iran-US Ceasefire Triggers One of Oil’s Largest Single-Day Crashes in History, Crude Down 20%
Global energy markets were rocked as the announcement of an Iran-US ceasefire triggered one of the largest single-day crashes in oil prices in history. Crude oil futures plummeted by nearly 20%, wiping billions off energy stocks and reshaping the outlook for producers and consumers worldwide. The dramatic fall reflects how geopolitical tensions — and their…
Why Did RBI Keep Repo Rate Unchanged at 5.25%? Know These 5 Reasons
The Reserve Bank of India (RBI) decided on April 8, 2026, to keep the repo rate unchanged at 5.25% and maintain a neutral stance. The Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, cited inflationary risks, global uncertainties, and the need to balance growth with stability as the key drivers behind this decision. 1….
Boat Co-founder Aman Gupta’s OffBeat Raises Rs 100 Crore in Funding Led by Bessemer
OffBeat, the new-age lifestyle and consumer brand co-founded by Aman Gupta, co-founder of Boat, has successfully raised Rs 100 crore in funding, with global venture capital firm Bessemer Venture Partners leading the round. This marks a significant milestone for the brand, which aims to disrupt India’s lifestyle and consumer goods market with innovative products and…
InCred Alternatives Closes Maiden Special Opportunities Credit Fund at Rs 1,500 Crore
InCred Alternatives, the alternative asset management arm of InCred Capital, has announced the successful closure of its maiden Special Opportunities Credit Fund at Rs 1,500 crore. This marks a significant milestone for the firm as it strengthens its position in India’s growing private credit market. The fund aims to provide structured credit solutions to mid-sized…
