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RBI's financial inclusion index hits 67 in March 2025, reflecting growth

The central bank on Tuesday said that growth was witnessed across all sub-indices - access, usage, and quality

IBC enabled debt resolution of ₹26 trillion in 9 years, says Crisil

The Insolvency and Bankruptcy Code (IBC) has led to the resolution of Rs 26 trillion in debt over nine years, creating significant deterrence among borrowers and offering flexible resolution framework

Tata Communications, AWS join hands to establish long-distance data network

Tata Communications partners with AWS to create a robust national network connecting Mumbai, Hyderabad, and Chennai, supporting AI and machine learning workloads across India

Edtech firm PhysicsWallah launches AI model Aryabhata 1.0 for JEE Mains

PhysicsWallah introduces Aryabhata 1.0, a small language model aimed at supporting mathematics learning for competitive exams like JEE Mains, marking its entry into AI-driven educational tools

UK Royal Navy's F-35 fighter jet takes off after repairs in Kerala

The UK Royal Navy's F-35, grounded in Kerala for over a month, has taken off following technical repairs. Meanwhile, the Indian Army received three Apache attack helicopters

Colgate Palmolive India Q1 results: Net profit down 11.9% as sales drop

Colgate Palmolive India's Q1 net profit fell 11.9%, with revenue dropping 4.2%, driven by weak urban demand and heightened competition

Post QIP, SBI's CET1 capital rises to 11.5%; LIC invests ₹5,000 crore

SBI's recent QIP was oversubscribed 4.5 times, raising Rs 25,000 crore and boosting CET1 capital to 11.5%. LIC invested Rs 5,000 crore, increasing its stake in SBI to 9.49%

US trading firm Jane Street confirms it will comply with directive: Sebi

Sebi confirms that Jane Street has complied with its directions to cease unfair trading practices and deposited ₹4,843.57 crore in an escrow account to resume operations in the domestic market

Abu Dhabi Investment Authority buys 3% stake in Meril for $200 million

Abu Dhabi Investment Authority acquires a 3% stake in Meril for $200 million, valuing the Gujarat-based medical devices maker at $6.6 billion. The deal is pending approval from CCI

Zomato's parent company introduces 'rotational leadership' CEO model

Eternal introduces a 'Rotational Leadership' model for Zomato, ensuring fresh energy and structural agility, with time-bound CEO roles and a focus on reducing complacency

Mahindra Industrial Park, Sumitomo Corp sign strategic deal with Osaka govt

Mahindra Industrial Park Chennai and Sumitomo Corporation sign a strategic deal with Osaka Prefecture to enhance Japanese investments, positioning Tamil Nadu as a preferred manufacturing destination

EduFund secures $6 million in Series A round to expand beyond metro cities

EduFund has raised $6 mn in a Series A round. The funding will support its expansion into Tier-I and Tier-II cities, with new AI tools and expanded loan offerings

ICICI Bank net up 15.5% on treasury gains, NII increases by 10.6%

The business banking portfolio grew by 29.7 per cent Y-o-Y, while domestic corporate portfolio grew by 7.5 per cent

HDFC Bank Q1 results: Net profit up 12.2% Y-o-Y to Rs 18,155 crore

Bank's provisions in the quarter jumps to Rs 14,441 crore as it made floating as well as additional contingency provisions

UCB directors must probe management to boost governance: RBI's Swaminathan

RBI advises UCB directors to ask tough questions to senior management to ensure ethical, transparent, and prudent operations, aiming to prevent distress in the banks

Private sector bank chiefs take home hefty compensation cheques in FY25

Public sector banks' chiefs trail far behind, with the chairman of SBI, India's largest lender, earning a fraction of what private sector banks' chief executives make

IFC announces equity investment of $20 million in Transvolt Mobility

IFC makes its first-ever equity investment in an EV platform, investing $20 million in Transvolt Mobility to help scale its electric fleet and create 8,200 jobs over the next five years

India's retail asset-backed securities market shows potential for growth

The retail asset securitisation market is poised for moderate growth in FY26, as indicated by the volumes of ₹52,000 crore in Q1FY26 and a notable shift towards PTC issuances

Pick the best life insurance policy for your investment purposes

Here are the best life insurance policies and their premiums from Policybazar for your benefit

Plan to expand thoughtfully: HDFC Life Insurance chairman Keki Mistry

HDFC Life aims for growth and tech transformation in FY26, with a focus on macroeconomic opportunities, despite geopolitical and trade challenges, says Keki Mistry