Page 24 - BS Premium

GIFT City witnesses surge in fund commitments, investor base in Q3

Fund management at GIFT-IFSC accelerated in FY26 Q3, with higher commitments, rising investor participation and growing traction in newly launched retail schemes

Crude oil prices, competition likely to dull paint makers' margins

Paint stocks slipped in FY26 Q3 as weak decorative demand, intense competition and rising crude oil prices outweighed hopes of a volume-led recovery

Street Signs: Narrowing window, upping the colo game, and test of patience

With overseas MF limits nearly exhausted, funds like ICICI Prudential AMC are curbing inflows, nudging investors to seek global exposure via alternate routes

Fino MD's arrest highlights GST liability risks in digital payments chain

The DGGI's arrest of Fino Payments Bank MD Rishi Gupta in a probe linked to banned online gaming has intensified scrutiny of GST liability, programme managers and compliance networks

StatsGuru: Scroll steals childhood as screen-time concerns intensify

As India debates age limits on social media amid rising child screen time and cybercrime, global precedents and domestic data are pushing policymakers toward tighter regulation

India takes small, steady steps towards rupee's internationalisation

The beginning of what could be a multi-decade journey has been made. It will be a slow, consistent process, not a hasty one that may cause disruptions

Iran war likely to hit India's three-pronged fuel reliance as tensions rise

Timing of the new US-Israel bombing of Iran and Tehran's response couldn't be worse for India

Forex card breach: Prompt reporting can secure full refund if no negligence

When not travelling, lock the forex card, keep only a small balance, and switch on alerts

Being well-informed is not enough, seek opposing views in investing

While survival is no longer at stake, confirmation bias continues to shape our behaviour - especially as investors

Amazon India announces zero-referral fees on over 125 million products

By eliminating referral fees across over 1,800 categories covering over 12.5 crore products, and reducing logistics costs, sellers can save up to 70 per cent in fees

EPFO panel clears new SOP for exempted establishments, CBT to take call

EPFO's Exempted Establishment Committee has approved a consolidated SOP to streamline regulation of exempted establishments, replacing annual audits with risk-based reviews; CBT will review it next

Fino's SFB transition unlikely to be hit by CEO's arrest: Experts

Fino is the first and the only payments bank so far to apply for conversion into an SFB

Domestic travel surges ahead of Holi as bookings jump across categories

Flight, bus and hotel bookings are rising sharply ahead of Holi, with strong tier-II and III demand and a surge in destination searches as travellers plan extended festive getaways

Gold loan share in bank retail credit doubles to 6% in a year: RBI data

Additionally, the share of gold loans in overall retail loans of banks has now doubled to 6 per cent (January 2026), from 3 per cent as of January 2025

India set to enter global chipmakers' club with Micron's Sanand debut today

Micron has facilities in the United States (US), China, Singapore, Taiwan, Malaysia, and Japan, among others, with 13 major manufacturing sites. India will now join this group of countries

Datanomics: India's defence aviation bears the brunt of flight crashes

In 2024-25, commercial aircraft, fighter jets, and helicopters accounted for the largest share of India's overall aviation fleet

Nobody's Girl: A victim strikes back in a story of trauma and defiance

Nobody's Girl: A Memoir of Surviving Abuse and Fighting for Justice is a memoir in four parts - Daughter, Prisoner, Survivor, Warrior - by Giuffre, written in collaboration with Amy Wallace

New series addresses lacunae in older GDP methodology amid revision

Discrepancies between the expenditure and production sides not completely wiped out

New GDP series: Eye on revised mfg maths amid capex push, says India Inc

Clearer view on manufacturing expected with new GDP series

US licences for India's Venezuelan oil purchases mask ground realities

While GL 46A allows financing activities related to transactions, alongside are sanctions on dealings with Venezuelan state oil company PdVSA