Stocks to Watch Today: Indian equity markets are poised for a positive start on Monday, September 8, 2025, amid mixed global cues and domestic developments. According to early signals from GIFT Nifty, futures were up 71 points at 24,918, indicating a potential higher opening for key indices. On Friday, the Sensex slipped marginally by 7 … Read more
India’s Consumption Loans: India’s consumption loan market witnessed a sharp rise in the first quarter of FY26, with total outstanding loans climbing 14.5% year-on-year to ₹105.6 trillion. The growth was primarily led by gold loans, which recorded an exceptional surge, while segments such as personal loans and credit card originations slowed down, according to the … Read more
Bank of Baroda Classifies RCom Loan: In a significant development in the Reliance Communications (RCom) saga, Bank of Baroda (BoB) has classified the loan account of the insolvent telecom company as fraudulent, citing alleged misutilisation of loans extended over a decade ago. The move follows similar actions by State Bank of India (SBI) and Bank … Read more
Rupee vs U.S. Dollar: The Indian rupee opened with a slight recovery on Friday, September 5, 2025, gaining 1 paisa to settle at 88.11 against the U.S. dollar in early trade. The rebound comes after the domestic currency had touched its record low earlier this week, driven by sustained foreign outflows and global macroeconomic pressures. … Read more
FATF’s Call Against Shell Companies: The global financial crime watchdog, the Financial Action Task Force (FATF), has issued a sharp warning to countries over the risks posed by shell companies. FATF President Elisa de Anda Madrazo described them as the “getaway car” for criminals, enabling illicit actors to move money across borders undetected. Speaking in … Read more
San Miguel’s $1.5 Billion Loan: San Miguel Corporation (SMC), the Philippines’ largest and most diversified conglomerate, is making headlines once again as it pursues a $1.5 billion syndicated loan, the largest offshore loan deal to emerge from the country in 2025. Known for its vast portfolio spanning power, infrastructure, food and beverages, and ports, San … Read more
GST 2.0 Gets the Green Light: India’s indirect tax structure is set for one of its biggest overhauls since the launch of the Goods and Services Tax (GST) in 2017. At the 56th GST Council meeting held on September 3 in New Delhi, Union Finance Minister Nirmala Sitharaman announced sweeping reforms under the framework of … Read more
Loans Against Mutual Funds : PhonePe, one of India’s leading fintech platforms, has partnered with DSP Finance to launch an innovative Loans Against Mutual Funds (LAMF) product. This new offering allows users to unlock liquidity from their existing mutual fund investments, providing secured credit lines of up to Rs 2 crore. The initiative is designed … Read more
Muthoot Finance USD 600 Million Notes: Muthoot Finance Limited, a leading financial services company in India, has approved the settlement and allotment of USD 600 million 6.375% Senior Secured Notes due 2030 under its US$ 2 billion Global Medium Term Note Programme. The decision was made by the Finance Committee of the Board of Directors … Read more