Indian Market

Google Pay Launches India-First RuPay Credit Card with Axis Bank with UPI Integration

Google Pay Launches India-First RuPay Credit Card with Axis Bank with UPI Integration

Google Pay has officially entered India’s fast-growing credit ecosystem by launching its first-ever credit card, in collaboration with Axis Bank and RuPay. This move marks a major step in Google’s fintech push in the country and comes amid rising competition in the UPI-linked credit card space. The Google Pay-Axis Bank RuPay credit card allows users […]

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Japanese companies Expand Investing in India’s Financial Sector

Japanese companies Expand Investing in India’s Financial Sector

India has become a priority market for Japanese financial and investment firms looking to expand globally. In 2025, strategic activity from Japan into India has surged, particularly in financial services and future-focused sectors. Deals initiated or closed What’s Driving This Surge? India offers a mix of economic scale, strong demographics, and emerging opportunities in: Japanese

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Japanese companies Expand Investing in India’s Financial Sector

Finance Minister Nirmala Sitharaman Pushes for 100% FDI in Insurance Sector

In a bold move to attract more global investment, Finance Minister Nirmala Sitharaman introduced the Insurance Laws (Amendment) Bill, 2025 in the Lok Sabha. The bill, titled “Sabka Bima Sabki Raksha”, proposes raising the FDI limit in the insurance sector from 74% to 100%. This amendment aims to boost foreign capital inflow, strengthen policyholder protection,

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Sumitomo Mitsui Plans ₹6,000 Crore Stake Sale in Kotak Mahindra Bank to Fund Yes Bank Deal

Sumitomo Mitsui Plans ₹6,000 Crore Stake Sale in Kotak Mahindra Bank to Fund Yes Bank Deal

Japanese lender Sumitomo Mitsui is preparing to sell its entire 1.65% stake in Kotak Mahindra Bank through block deals, reported CNBC-Awaaz on September 9. The sale would involve 3.28 crore shares, expected to raise around ₹6,000 crore. Brokerages have already reached out to FIIs and mutual funds to gauge interest in the proposed deal, sources

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Nifty Valuation Surpasses MSCI India Index After Addition of High-Priced Stocks

Nifty Valuation Surpasses MSCI India Index After Addition of High-Priced Stocks

For the first time since January 2017, the Nifty 50 Index is trading at a higher valuation than the MSCI India Index, as the entry of expensive stocks has lifted its forward P/E multiple above the globally tracked benchmark. According to Bloomberg data, the Nifty is trading at 22.77 times one-year forward earnings, compared with

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BSE to Launch Pre-Open Trading in F&O from December 8

BSE to Launch Pre-Open Trading in F&O from December 8

The Bombay Stock Exchange (BSE) has proposed to introduce pre-open trading sessions in futures and options (F&O) starting December 8, 2025. This move aims to improve price discovery and align the derivatives market with the cash market, where pre-open sessions are already available. In its statement, BSE said the pre-open session will be applicable for

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Textile & Shrimp Stocks Fall After US Slaps 50% Tariff on Indian Imports

Textile & Shrimp Stocks Fall After US Slaps 50% Tariff on Indian Imports

Shares of Indian textile and shrimp companies came under sharp pressure on August 28 after the United States imposed a steep 50% tariff on Indian imports. The move, announced by US President Donald Trump with an additional 25% duty effective August 27, has made Indian exports far costlier compared to Asian peers like Bangladesh and

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GST Council May Consider New Cess or Higher Tax Cap on Tobacco, Sin Goods to Protect State Revenues

GST Council May Consider New Cess or Higher Tax Cap on Tobacco, Sin Goods to Protect State Revenues

The Goods and Services Tax (GST) Council is likely to discuss options to keep the overall tax incidence on tobacco and other sin goods unchanged as India moves towards a two-rate GST structure. The meeting is scheduled for September 3–4, according to reports. Currently, tobacco attracts nearly 52% tax through a combination of GST and

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OYO Set to File DRHP in November, Eyes $7–8 Billion IPO Valuation

OYO Set to File DRHP in November, Eyes $7–8 Billion IPO Valuation: Report

Hospitality startup OYO is preparing to file its Draft Red Herring Prospectus (DRHP) in November, aiming for an IPO valuation of around $7–8 billion, according to reports. The proposal will likely be taken up by the board next week. In a statement, the company said the decision regarding the IPO will be guided entirely by

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