PhonePe Wins SEBI Approval for IPO Launch

Walmart-backed PhonePe receives SEBI approval for its IPO, marking a key milestone for India's fintech sector. The offer will be entirely an OFS by existing shareholders.

China's Ocean Flower Island: A Ghost Town of Debt

Ocean Flower Island, a failed $12 billion real estate project in China, stands as a symbol of the country's ongoing property crisis. Built by collapsed developer Evergrande, it now lies abandoned.

Skoda Kushaq Facelift Launched in India

Skoda India introduces the updated Kushaq SUV with fresh design, enhanced features, and unchanged powertrains. Bookings have started ahead of the February price announcement.

SWR Scraps Mysuru-Kushalnagar Railway Line

South Western Railway abandons the Mysuru-Kushalnagar railway project due to poor financial viability and local opposition. The 87-km line faced rising costs and insufficient traffic potential.

US Carveout from Global Minimum Tax Deal Raises Questions

The US secured a carveout from the OECD's global minimum tax framework, allowing its largest companies to use domestic rules instead of the 15% rate. This move tests international consensus on curbing corporate tax avoidance and has implications for India

Amagi Media Labs IPO Listing Date Announced

Amagi Media Labs IPO will list on Wednesday after oversubscription of 30.22 times. Grey market premium indicates strong debut with shares commanding ₹16.5 premium.

US-EU Tariff Row Could Boost India-EU Trade Deal

As US imposes tariffs on EU nations, trade experts suggest the European Union may accelerate FTA negotiations with India. The deal could be finalized during the January summit in New Delhi.

Budget 2026: Capex vs Consumption Debate Heats Up

As Union Budget 2026 approaches, experts debate the balance between capital expenditure and consumption support. Finance Minister Nirmala Sitharaman will present the fiscal roadmap on February 1.

Budget 2026: Industry Seeks Customs Duty Reform

Indian businesses call for GST-like transformation in customs framework ahead of Budget 2026-27. Key demands include duty rationalization, single-window clearance, and resolution of Rs 1.52 lakh crore stuck in litigation.

PhonePe Gets SEBI Nod for IPO, Walmart-Backed

PhonePe, the digital payments giant backed by Walmart, has received approval from SEBI for its initial public offering, marking a major milestone in India's fintech sector.

Armour Security IPO Allotment Date Likely Today

Armour Security India Ltd's IPO allotment is likely finalized today, January 20, 2026. Investors can check status online via NSE or registrar Skyline Financial Services. Shares list on NSE SME January 22.

Govt Seeks Bids for Canwill Holdings Divestiture

The Indian government has issued an invitation for expression of interest for the divestiture of Canwill Holdings Pvt Ltd, marking a strategic move in its disinvestment program.

Team Yogi's Davos Drive: UP's Investment Mission Gains Momentum

Uttar Pradesh's delegation, led by Chief Minister Yogi Adityanath, actively engaged with global investors at the World Economic Forum in Davos, accelerating the state's investment mission to attract foreign capital and boost economic growth.

Credit Card Interest: When You Pay and When You Don't

Credit cards offer convenience but can become costly if misused. Many users think interest applies only on missed payments, but there are several triggers. Understanding these can help avoid unnecessary debt.

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