Remittix Wallet Sees Early Adoption as Incentives Roll Out
Remittix Wallet experiences rapid early user adoption following the rollout of its incentive program, aimed at boosting digital payments and financial inclusion in India.
Category : Banking
NY Pension Funds Question Palantir Over ICE, DHS Deals
New York's city and state pension funds, holding $900M in Palantir stock, demand transparency on its contracts with ICE and DHS amid human rights concerns.
RBI MPC Meeting: Final FY26 Policy Review on February 6
The Reserve Bank of India's Monetary Policy Committee will announce its final policy decision for financial year 2026 on February 6. Expectations point to a stable repo rate at 5.25% with focus on liquidity management post-Budget.
Telecom Firms Owe Rs 1.77 Lakh Crore in AGR Dues
Official data reveals Indian telecom operators collectively owe over Rs 1.77 lakh crore in adjusted gross revenue dues to the government, with Vodafone Idea carrying the largest burden at Rs 89,952 crore.
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Crypto Market Loses $1 Trillion in Three Weeks
The cryptocurrency market continues its steep decline, erasing over $1 trillion in market cap since mid-January. Bitcoin falls below $70,000, with Ethereum also dropping significantly amid investor caution.
Alphabet Stock Drops on Massive AI Investment Plan
Alphabet shares tumbled 7% after announcing plans to double capital expenditures to $185 billion for AI infrastructure, despite strong revenue growth and exceeding quarterly sales estimates.
LIC Manages ₹1,400 Crore GST Hit with Expense Cuts
Life Insurance Corp. offsets ₹1,400 crore input tax credit loss from GST exemption on policies via margin-accretive products and cost rationalization. CEO Doraiswamy discusses expense management, commission structure, and government divestment plans.
SEBI Bans 15, Fines Rs 3.6 Cr for Stock Manipulation
SEBI has banned 15 individuals from securities markets for 3 years and imposed Rs 3.6 crore penalty for manipulating Unison Metals shares through misleading Telegram recommendations.
Gold, Silver Prices Crash Again: Domestic Rates Drop 3-10%
Gold prices fell 3% to Rs 1.6 lakh per 10 grams, while silver dropped 10% to Rs 2.68 lakh per kg in domestic markets, mirroring global declines. Analysts cite Fed caution and geopolitical easing as key factors.
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204 Holi Special Train Trips Announced for NCR Zone in 2026
North Central Railway finalizes 204 special train trips for Holi 2026 to manage festive rush. Ticket bookings to begin soon via IRCTC for routes connecting key destinations.
Ariane de Rothschild Named in Epstein Documents
Ariane de Rothschild, head of Edmond de Rothschild bank, appears in DOJ Epstein files showing multiple meetings over five years. Bank maintains relationship was professional.
Gold, Silver Prices Fall After Two-Day Relief Rally
Gold and silver prices faced renewed selling pressure on Thursday, erasing recent gains. The decline was driven by a strong US dollar, easing geopolitical tensions, and a lack of fresh triggers. Comex silver crashed 13%, while MCX gold dropped ₹4,590 per
Sebi to Extend Auto Withdrawal to Demat Mutual Fund Investors
India's market regulator Sebi proposes allowing automatic SWP and STP facilities for mutual fund units held in demat form, simplifying investment management for investors.
Bitcoin Falls Below $70K First Time Since Trump Election Win
Bitcoin slipped below $70,000 on Thursday, marking its first dip below this level since Donald Trump's November 2024 election victory. The cryptocurrency faces pressure from broader risk asset pullbacks and regulatory uncertainty.
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Bharat Taxi: Government-Backed Ride-Hailing App Launches
Bharat Taxi, a government-backed ride-hailing platform, launches in India as an alternative to Ola and Uber, focusing on driver ownership, fair earnings, and women empowerment initiatives.
Sebi Eases Commodity Derivatives Risk Rules
SEBI proposes relaxing risk-management regulations for commodity derivatives clearing corporations, including lowering Z-score thresholds and revising Settlement Guarantee Fund requirements to reduce capital costs.
LIC Q3 Net Profit Up 17% to Rs 12,930 Crore
Life Insurance Corporation of India reports strong Q3FY26 performance with 17% rise in net profit to Rs 12,930 crore. Net premium income grows 17% YoY, while solvency ratio improves to 2.19.
Bitcoin Falls Below $70K After Trump's Return to White House
Bitcoin price dropped below $70,000 on February 5, hitting a 15-month low amid market volatility. The cryptocurrency has lost over 44% since its 2021 peak.
BOB Office Assistant 2026 Exam Dates Released
Bank of Baroda has released the official notification for Office Assistant (Peon) recruitment 2025-26. Preliminary exam scheduled for February 22-23, 2026 with details on pattern, marking scheme and PET for reserved categories.
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LIC Q3 Profit Up 17% to ₹12,958 Crore
Life Insurance Corporation of India reported a 17% rise in Q3 net profit to ₹12,958 crore, driven by higher premium collections after tax cuts boosted retail demand for insurance products.
NSDL Glitch Stalls Settlements, Investors Without Shares or Funds
A network connectivity failure at NSDL has disrupted T+1 settlements for two consecutive days, causing mismatches in broker pay-ins and delaying payouts of securities and cash to investors.
Fractal Analytics IPO: Price Band, GMP, Key Details
Fractal Analytics IPO opens February 9 with ₹857-900 price band. Company targets ₹14,450 crore valuation despite reduced offer size. Grey market premium signals strong investor interest.
IPO Allotment Process Explained: How Shares Are Distributed
Learn how IPO allotment works when oversubscribed or undersubscribed. Discover how retail, HNI, and QIB investors receive shares through proportional allocation or lottery systems.
RBI MPC Feb 2026 Meeting: Rate Decision Amid Fiscal, Trade Changes
RBI's Monetary Policy Committee begins final FY26 meeting with announcement on February 6. Markets debate further repo rate cuts versus pause as fiscal deficit target, trade agreements reshape economic landscape.
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DSNT Crypto Surges 160% as Investors Target 100x Returns
DSNT cryptocurrency has skyrocketed by 160% as investors anticipate massive 100x returns, positioning it as the next potential crypto to explode in the volatile market.
Sol, BNB Fade as DeeplSnitch AI Sparks 100x Crypto Trade
Solana and Binance Coin face market pressure as DeeplSnitch AI's predictive analytics ignite a 100x countdown trade frenzy among Indian crypto investors.
Rupee Gains 14 Paise, Closes at 90.33 Against Dollar
The Indian rupee appreciated by 14 paise to settle at 90.33 against the US dollar. Forex traders attributed the limited gains to corporate dollar demand and weak domestic equity trends.
CBI Extends Specialist Officer Recruitment to Feb 15, 2026
Central Bank of India has extended the online application deadline for Specialist Officer recruitment to February 15, 2026. The drive aims to fill 350 vacancies for Marketing and Foreign Exchange Officers.
FMCG Stock Gains as Q3 PAT Rises 42%
A leading FMCG company's stock started the trading session positively after announcing robust quarterly results, with profit after tax increasing by 42% in Q3 FY2026.
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Devyani International Stock Rebounds 15% on Q3 Results
Devyani International shares have rebounded sharply by 15% over two sessions following strong Q3FY26 results and leadership clarity. The company's own brands portfolio showed exceptional growth, contributing significantly to revenue.
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