Economy

Zepto Files for $1.22 Billion IPO as Quick Commerce Shifts

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Zepto files for $1.22 billion IPO as quick commerce competition moves from private funding rounds to public markets. The filing marks a turning point for India’s fast delivery sector, where scale, capital discipline, and profitability are now under investor scrutiny. IPO Filing Signals New Phase for Quick Commerce Zepto files for $1.22 billion IPO at a time when the quick…

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Bank of Baroda Raises India’s FY27 Growth Forecast

Bank of Baroda has upgraded India's FY27 GDP growth forecast to 6.6-6.8 percent, reflecting greater confidence in the country's economic outlook. The public sector lender cited improving monsoon conditions, easing global oil price concerns and resilient domestic demand as the key reasons behind the upward revision, despite continued global uncertainties.…

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Maharashtra Relaxes Stamp Duty Rules to Cut Business Costs

The Maharashtra government has amended the Maharashtra Stamp Act to simplify stamp duty rules for bank and financial guarantees. The move is expected to lower compliance costs, improve ease of doing business, and benefit industries that frequently rely on bank guarantees for commercial contracts and infrastructure projects. Maharashtra Introduces New…

8 Min Read

China’s Factory Growth Returns as AI Demand Powers Manufacturing

China's manufacturing sector has returned to growth, supported by surging global demand for AI-related products and advanced technology exports. While the recovery signals renewed industrial momentum, economists caution that weak domestic consumption and property sector challenges continue to weigh on the broader economy. China's factory activity returned to expansion in…

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UPI Transactions Stay Near Record High Despite June Slowdown

India's Unified Payments Interface (UPI) recorded a slight decline in monthly transaction volume during June, but daily activity reached a new all-time high. The latest NPCI data highlights the continued strength of India's digital payments ecosystem despite the shorter month. India's UPI transactions remained close to record levels in June…

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SBI Mutual Fund Gets SEBI Approval for Landmark IPO

SBI Mutual Fund has received final approval from the Securities and Exchange Board of India (SEBI) for its proposed initial public offering. The development clears the way for one of India's biggest asset management company listings, highlighting the continued growth of the country's mutual fund industry. SBI Mutual Fund Receives…

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India Exports Reach Record $863 Billion Despite Global Headwinds

India's exports touched a record $863 billion, demonstrating remarkable resilience despite tariff pressures from the United States and ongoing geopolitical disruptions in the Middle East. The milestone highlights the country's growing trade strength and expanding global market presence amid an uncertain international environment. India exports achieved a historic milestone after…

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How to Check If Your Smartphone Supports the Latest AI Features

AI-powered smartphones are becoming increasingly common, but not every device supports advanced on-device artificial intelligence.…

How Tier 2 Cities Are Becoming India’s New Business Hubs

India’s business landscape is shifting, and Tier 2 cities are emerging as significant players in…

Why Indian Exports Are Set to Rise Despite Global Slowdowns

India’s export sector is showing signs of resilience even as global economic growth slows down.…

The Future of MSMEs: Digital Adoption and Challenges

Micro, Small, and Medium Enterprises (MSMEs) are a backbone of India’s economy, contributing significantly to…

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