Business

Private banks lead small business lending; PSBs lost share in last 2 years: Report NEW DELHI: Private banks continue to dominate enterprise lending to small businesses in India, closely followed by public sector banks (PSBs), though the latter have seen a decline in their market share over the past two years, according to a report…

India’s premium and luxury housing segment is undergoing a structural expansion, with demand steadily moving beyond traditional metropolitan markets into Tier-2 and Tier-3 cities, according to industry reports and developers.As per Magicbricks, India the country’s luxury housing market is projected to grow at a compounded annual growth rate (CAGR) of 35 per cent, expanding from…

The S&P hit a record high on Wednesday, with broad-gains across sectors supporting the main indexes during a shortened Christmas eve session. The benchmark S&P touched an intraday record high of 6,921 points, surpassing its previous peak in October, as investors continued to bet on more interest rate cuts from the Fed Reserve next year…

On the upside, MCX Gold has potential to advance toward the 145,000 level in the upcoming sessions. (AI image) Gold and silver price prediction: Gold prices are likely to maintain their uptrend and silver too is showing signs of strength, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. He shares his…

NEW DELHI: In a bid to ease investor compliance and remove inconsistencies, Sebi on Wednesday doubled the monetary threshold for simplified documentation process for issuance of duplicate securities to Rs 10 lakh from Rs 5 lakh. It has also prescribed a standardised affidavit-cum-indemnity bond format for securities valued above Rs 10 lakh. Agencies Source link

The Navi Mumbai International Airport (NMIA) begins commercial flight operations on Thursday, opening a second aviation gateway for the Mumbai Metropolitan Region after years of missed deadlines. The new facility is expected to emerge as one of the busiest and a significant aviation hub in the country.On its opening day, the airport is expected to…

MUMBAI: The National Payments Corporation of India (NPCI) is tightening control over recurring charges, aiming to curb some opaque billing practices and give consumers clearer oversight of their subscriptions.NPCI has launched a central portal-upihelp.npci.org.in-that allows users to view and manage all their UPI autopay standing instructions in one place. The move targets so-called dark patterns,…

Government has begun discussions with WhatsApp after the messaging app banned a high number of Indian accounts, raising concerns over the continued misuse of Indian mobile numbers for online fraud.According to people familiar with the matter, WhatsApp has been blocking an average of 9.8 million Indian accounts every month until October this year for violations…

MUMBAI: The IPO by Shyam Dhani Industries, a masala maker from Jaipur that was eyeing to raise Rs 38.5 crore from NSE’s SME platform Emerge, saw its offer subscribed an eye-popping 918 times, giving it a book size of a little over Rs 25,300 crore (except the anchor part). In the IPO, the company offered…

MUMBAI: Serious Fraud Investigation Office (SFIO) has opened a formal probe into IndusInd Bank after a Dec 23, 2025 letter triggered an investigation under the Companies Act, 2013, over accounting lapses tied to internal derivative trades.In a filing, the bank said SFIO, under the MCA, seeks information after the lender flagged on June 2 issues…