MUMBAI: CRED, once a high-trust credit-card payments app aimed at spenders and monetised through cross-sold loans, insurance and payment flows, is now turning to savers, using Kuvera—acquired in 2024—to enter wealth management.The upgrade of Kuvera targets affluent investors with large portfolios, with an emphasis on long-term compounding. The platform seeks to improve discipline, decision-making, asset…
The ongoing Middle East crisis is emerging as a disruption for India, with risks spreading across energy markets, trade flows and supply chains, according to a recent white paper by Dun & Bradstreet.The report shows that countries in the Gulf–Levant region account for nearly 15 per cent of India’s merchandise exports and about 21 per…
Billionaire Gautam Adani and his nephew Sagar Adani have moved to challenge a US securities fraud case, asking a federal court in New York to dismiss the lawsuit filed by the US Securities and Exchange Commission (SEC) regarding a 2021 bond issue by Adani Green Energy Ltd (AGEL).In a filing before the Brooklyn federal court,…
MUMBAI: Women borrowers now account for Rs 76 lakh crore of credit, or 26% of total system credit in 2025, marking a near five-fold rise since 2017 and signalling a structural shift in India’s credit landscape.A joint report by TransUnion CIBIL, Niti Aayog’s WEP, and MicroSave Consulting said women are moving from being passive beneficiaries…
NEW DELHI: The Delhi high court has restrained Cartel Bros, an entity backed by actor Sanjay Dutt, from proceeding with the launch of its proposed whisky brand ‘Glenwalk Godfather’, following a trademark infringement plea by Devans Modern Breweries.Devans, which markets the widely-known ‘Godfather’ beer and also sells spirits under the same brand, argued that Cartel…
NEW DELHI: India’s electric vehicles sales crossed a record 20 lakh-unit mark for the first time, as significant numbers in two- and three-wheelers and growing volumes in cars added strength to the greens.According to retail sales numbers released by Federation of Automobile Dealers’ Association (FADA), a total of 24.5 lakh units of EVs were sold…
The cost of a home-cooked non-vegetarian thali fell 1 per cent year-on-year in March 2026, while the price of a vegetarian thali remained unchanged, as lower prices of onions, potatoes and pulses helped offset higher costs of tomatoes, vegetable oil and fuel, according to a Crisil Intelligence report.In its latest Roti Rice Rate report, Crisil…
MUMBAI: Uday Kotak on Tuesday warned that the world is “at a very important cusp of the return of global colonialism… in 2026 we are at one such cusp,” drawing parallels between historical imperial expansion and current geopolitical shifts, while urging India Inc to reset its approach to innovation, manufacturing and energy security.Speaking at the…
Gold prices eased in futures trade on Tuesday, even as retail rates showed a mixed trend across major Indian cities.Gold prices declined by Rs 610 to Rs 1.49 lakh per 10 grams in futures trade, as surging crude oil prices and escalating tensions in West Asia kept investors cautious and weighed on demand for the…
The Middle East conflict, now in its sixth week, continues to send shockwaves across the world. From energy supply disruptions to rising fuel prices, several countries are being forced into emergency measures such as work-from-home policies and cost hikes. Meanwhile, the Gulf region is witnessing a split oil reality! While for some producers, soaring crude…