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India's commercial office market is showing steady growth this year, even as the housing segment stabilises. Data from ANAROCK Research reveals that average office rentals across the top seven cities rose by 6% year-on-year during the first nine months of 2025. Average monthly office rentals increased from Rs 85 per sq. ft. in the first nine months of 2024 to Rs 90 per sq. ft. in the same period of 2025. Bengaluru saw the sharpest rise of about 9%, followed by steady gains in cities like Pune a ...Read More >
Loan-against-property lender Optimo Capital has raised $17.5 million in a new round of funding led by the startup's founder Prashant Pitti with participation from existing investors Blume Ventures and impact venture capital firm Omnivore. Alongside the equity raise, the non-banking financial services startup has also raised just under $12.5 million in debt from IDFC Bank and Axis Bank. With the new round, Optimo's total equity fundraising stands at $27.5 million. The Blume-backed company targ ...Read More >
NEW DELHI: The department of financial services (DFS) in the finance ministry and govt's policy think tank Niti Aayog have no role in the investment decisions of LIC, and the investment guidelines of the state-owned company are governed by board-approved policies, officials said on Saturday, adding that the insurer's exposure to the Adani Group is far less than to other conglomerates. LIC's investment in the Tata Group is estimated at Rs 1.3 lakh crore, while the exposure to the Aditya Birla Gro ...Read More >
The Life Insurance Corporation of India (LIC) on Saturday denied the allegations made in a report by The Washington Post, which claimed that the company's investment decisions were influenced by external factors. It accused the report of trying to damage its reputation. The report alleged that Indian officials had drafted a proposal to channel nearly USD 3.9 billion (about Rs 32,000 crore) from LIC into companies owned by the Adani Group. Refuting the claims, LIC stated, "No such document or p ...Read More >
New Delhi, Oct 25 (SocialNews.XYZ) The Life Insurance Corporation of India (LIC) on Saturday denied false reports by The Washington Post, reaffirming all investments are made with integrity and due diligence. In a rebuttal to the article, LIC said the allegations leveled by The Washington Post that the investment decisions of LIC are influenced by external factors are "false, baseless, and far from truth". "No such document or plan as alleged in the article has ever been prepared by LIC, which ...Read More >
The Reserve Bank of India has announced 'HaRBInger 2025 - Innovation for Transformation', a global hackathon aiming to use emerging technologies for innovative financial solutions. The hackathon focuses on 'Secure Banking' and invites participants to develop solutions addressing 'Tokenised KYC', 'Offline CBDC', and 'enhancing trust'. The Reserve Bank of India (RBI) has unveiled a new global hackathon, 'HaRBInger 2025 - Innovation for Transformation', to capitalize on emerging technologies in th ...Read More >
Mumbai, Oct 24 (PTI) Choice Mutual Fund on Friday announced the launch of its gold ETF providing investors an affordable and secure avenue to gain exposure to the yellow metal. The new fund offer will remain open till October 31. The Choice gold Exchange Traded Fund (ETF) will provide investors a simple, secure and liquid route to tap the yellow metal's long- term growth potential, Choice Mutual Fund (MF) said in a statement. The open-ended scheme seeks to generate returns in line with domesti ...Read More >
MUMBAI: Geopolitical tensions pose a growing threat to cross-border payments, RBI said in its latest report on payments. The central bank warned that the global financial system's dependence on centralised infrastructure and a few dominant settlement currencies makes it vulnerable to international conflict and sanctions.According to RBI, sanctions or restrictions on financial systems or currencies can disrupt markets and limit access to essential financial services. Geopolitical tensions can als ...Read More >
Bengaluru - CrowdStrike released the 2025 APJ eCrime Landscape Report, exposing a thriving Chinese-language underground ecosystem and the rise of AI-enhanced ransomware operations. Despite the Chinese government's internet restrictions and eCrime crackdown, anonymized marketplaces remain central to cybercrime activity across Asia Pacific and Japan (APJ). This ecosystem provides a safe haven for Chinese-speaking actors to buy and sell stolen credentials, phishing kits, malware, and money-launderi ...Read More >
India's IT services sector shows tentative signs of demand stabilization, with recent sequential revenue growth. However, the outlook for FY26 remains muted at 1.1% growth due to cautious client spending and the impact of AI. The information technology (IT) services sector in India is showing tentative signs of demand stabilisation, even as visibility into calendar year 2026 remains weak, noted in a report on India's IT services by Goldman Sachs. "While there are early signs of demand stabilisa ...Read More >
India is preparing to unveil comprehensive regulations for deepfake technologies, utilizing state-of-the-art tools for effective governance. Simultaneously, the nation is boosting its AI frontier by promoting locally created chipsets and attracting substantial funding from tech behemoths like Google, as it seeks to strike a balance between technological progress and the protection of society. The government is going to bring a regulation on deepfakes soon that will take help of technology for e ...Read More >
Mumbai (Maharashtra) [India], October 20 (ANI): The Indian stock market on Monday ended in green territory after trading higher, driven by upbeat quarterly results from top lenders in the financial sector and a rebound in global risk appetite following signs of easing US-China trade tensions. At the end of the trading session today, BSE Sensex settled at 84,363.37, rising 411.18 points or 0.49 per cent while NSE Nifty50 stood at 25,843.15, up by 133.3 points or 0.52 per cent. In today's trade, ...Read More >
MUMBAI : Emirates NBD Bank's decision to buy a controlling stake in RBL Bank for $3 billion is likely to see more global banks looking at having an India play. With the banking regulator likely to allow such transactions going forward, a floodgate of more such transactions will open up, say bankers and industry experts. On Saturday, Emirates NBD said it has entered into an agreement to acquire a 60% stake in RBL Bank for ₹26,850 crore. The transaction, which is subject to shareholder and regula ...Read More >
Mumbai, Oct 18 (SocialNews.XYZ) The Indian equity benchmarks ended the week decisively higher amid short covering from foreign institutional investor (FII) participants and resilient domestic cues. Market optimism was bolstered by clarity in the India-US trade relations, with both sides tentatively agreeing to conclude the first phase of the deal by November. The sentiment remained upbeat as Bank Nifty achieved a new milestone, driven by robust buying interest in leading banking stocks. Invest ...Read More >
Mumbai, Oct 19 (PTI) RBL Bank expects Emirates NBD Bank's USD 3 billion fund infusion, the largest FDI in the financial services sector, to close by June next year, once the regulatory and government approvals are secured, a top official said on Sunday. RBL Bank will merge with NBD's wholly-owned subsidiary operating in India and become a "listed foreign bank subsidiary" post-deal, the management said. "Our aspiration is to grow multi-fold, and the capital will help. We are now a mid-sized sma ...Read More >
HDFC Bank sees artificial intelligence as an opportunity, not a threat to jobs. The bank's chief executive Sashidhar Jagdishan believes AI will help redeploy staff from backend operations to customer-facing roles. This strategic shift aims to enhance customer engagement and innovation. HDFC Bank is conducting experiments with generative AI, expecting benefits in the next 18 to 24 months. The country's largest private sector lender HDFC Bank does not see its use of artificial intelligence leadin ...Read More >
New Delhi, Oct 19 (PTI) The Congress on Sunday said foreign firms gradually being allowed to acquire Indian banks was "imprudent" as it poses substantial risks and recalled that the Jan Sangh had criticised then prime minister Indira Gandhi for not nationalising foreign banks in July 1969. Congress general secretary in-charge communications Jairam Ramesh's assertion came after Emirates NBD Bank, the second largest in the UAE, expressed interest in acquiring a majority 60 per cent stake in RBL B ...Read More >
Bengaluru - A boardroom shake-up in Indian conglomerate Tata Group in early October threatened to destabilise the tea-to-semiconductors business house, prompting the government to intervene. The government was so worried about the situation at the organisation - which accounts for an estimated 4 per cent of India's gross domestic product - that Home Minister Amit Shah and Finance Minister Nirmala Sitharaman met some of Tata's top leaders in a closed-door meeting in Delhi on Oct 7. The unpreced ...Read More >
CHENNAI: As global uncertainties persist, ranging from inflation and geopolitical tensions to fluctuations in the US dollar, investors are increasingly turning to precious metals. With both metals experiencing rising prices, investment expert Dharmasri Rajeswaran of Sai Sharetute told Maalaimalar that gold continues to be a safer long-term option, while silver's volatility makes it a riskier choice for long-term investment. Rajeswaran said that while both gold and silver are better investment o ...Read More >
Mumbai, October 18: The Indian equity benchmarks ended the week decisively higher amid short covering from foreign institutional investor (FII) participants and resilient domestic cues. Market optimism was bolstered by clarity in the India-US trade relations, with both sides tentatively agreeing to conclude the first phase of the deal by November. The sentiment remained upbeat as Bank Nifty achieved a new milestone, driven by robust buying interest in leading banking stocks. Investor confidence ...Read More >
NewsVoirPune (Maharashtra) [India], October 16: As Diwali approaches, households across India are preparing for the festival of lights, with celebrations that include decorating homes, buying gifts, shopping for new clothes, and planning family trips. To help individuals manage these festive expenses efficiently, with Bajaj Finserv Personal Loan, a reliable financial solution providing quick access to funds, flexible repayment options, and a fully digital application process.Meeting festive fina ...Read More >
Mumbai: Eyewear retailer Lenskart is looking to launch its ₹8,000-crore initial public offering (IPO) in early November, according to bankers. This will be the fourth-largest issue in 2025 so far after Tata Capital, HDB Financial Services and LG Electronics. Bankers said the company is looking to capitalise on the continued investor appetite for large public issues. "Lenskart may announce the price band by the end of October and launch the IPO in the first week of November," said a banker. Br ...Read More >
BENGALURU (Reuters) -India's second-largest IT services exporter Infosys on Thursday raised the lower end of its annual revenue growth forecast after second-quarter revenue beat estimates on strong performance in financial services and manufacturing. Consolidated sales rose 8.5% on-year to 444.9 billion rupees ($5.06 billion) in the September quarter. Analysts, on average, expected 439.29 billion rupees, as per data compiled by LSEG. For the full year, Infosys expects revenue growth in the ran ...Read More >
Mumbai, Oct 16 (SocialNews.XYZ) Choice International Limited, a brokerage and financial services firm, on Thursday reported its net profit for the second quarter in current fiscal (Q2 FY26) at Rs 56.46 crore, up 21.5 per cent year-on-year (YoY). The financial service company had posted a net profit of Rs 46.45 crore in the same quarter a year ago (Q2 FY25). The company's profit jumped over 17 per cent quarter-on-quarter (QoQ), as well, from Rs 47.96 crore in the April-June period. Meanwhile, t ...Read More >
Pune (Maharashtra) [India], October 16: As the festive season lights up streets across India, many households look forward to fulfilling long-awaited dreams - from home upgrades to purchasing a brand-new two-wheeler. Among scooters, the Honda Activa has consistently remained a top favourite, celebrated for its reliability, fuel efficiency, and smooth ride quality. Models like the Honda Activa 6G and Honda Activa 125 continue to dominate the Indian market, offering advanced technology, superior c ...Read More >
The government is considering introducing a separate National Industrial Classification (NIC) code for fintech companies. This will help set up a central database and improve oversight. The plan aims to close data gaps, simplify classification, and improve policymaking for India's growing fintech sector. The Indian government is exploring the creation of a separate National Industrial Classification (NIC) code for fintech companies to build a central database, according to reports. India curren ...Read More >
NewsVoir Pune (Maharashtra) [India], October 16: As the festive season lights up streets across India, many households look forward to fulfilling long-awaited dreams - from home upgrades to purchasing a brand-new two-wheeler. Among scooters, the Honda Activa has consistently remained a top favourite, celebrated for its reliability, fuel efficiency, and smooth ride quality. Models like the Honda Activa 6G and Honda Activa 125 continue to dominate the Indian market, offering advanced technology, ...Read More >
The fund is open for subscription under a New Fund Offer (NFO) till October 26, at ₹10 per unit.Axis Max Life Insurance has launched the Axis Max Life India Consumption Opportunities Fund, an actively managed equity fund aimed at tapping into India's growing domestic consumption economy. The fund is open for subscription under a New Fund Offer (NFO) till October 26, at ₹10 per unit. It will be available exclusively through select Axis Max Life unit-linked insurance plans, including the Flex ...Read More >
New Delhi [India], October 16: Axis Max Life Insurance Limited ("Axis Max Life" / "Company"), formerly known as Max Life Insurance Company Limited, has introduced the Axis Max Life India Consumption Opportunities Fund (ULIF03807/10/25INDIACONSU104)- an actively managed equity fund designed to allow policyholders to benefit from the growth of India's domestic consumption economy. The fund will be available for subscription during its New Fund Offer (NFO) period from October 14, 2025, to October 2 ...Read More >
BENGALURU (Reuters) -India's second-largest IT services exporter Infosys on Thursday raised the lower end of its annual revenue growth forecast after second-quarter revenue beat estimates on strong performance in financial services and manufacturing. Consolidated sales rose 8.5% on-year to 444.9 billion rupees ($5.06 billion) in the September quarter. Analysts, on average, expected 439.29 billion rupees, as per data compiled by LSEG. For the full year, Infosys expects revenue growth in the ran ...Read More >
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