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Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.

India's fiscal deficit hits half of budgeted target in first two months of FY20

Economy

28 June, 2019

India's fiscal deficit hits half of budgeted target in first two months of FY20

India's fiscal deficit in May stood at 3.66 trillion rupees ($53.04 billion), or 52% of the budgeted target for the ......

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Startups have reason to cheer as VC dealmaking stages recovery

Finance

28 June, 2019

Startups have reason to cheer as VC dealmaking stages recovery

Angel/seed and venture investments have rebounded over the past three months after recording among the sharpest-ever plunges in...

RBI expects banks' bad loans to decline by March 2020

Finance

28 June, 2019

RBI expects banks' bad loans to decline by March 2020

India’s central bank on Thursday said the proportion of commercial lenders’ non-performing assets (NPAs) may fall...

PE-backed FundsIndia.com sees top-level reshuffle as founders exit after dispute

Finance

27 June, 2019

PE-backed FundsIndia.com sees top-level reshuffle as founders exit after dispute

Wealth India Financial Services Pvt. Ltd, which operates online mutual funds transaction platform FundsIndia.com, has named a...

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How Kotak Private Equity is tweaking strategy to rope in LPs

Finance

27 June, 2019

How Kotak Private Equity is tweaking strategy to rope in LPs

Kotak Private Equity has tweaked its strategy to rope in limited partners (LP) for its investment funds, as the alternative ......

LGT to acquire controlling stake in WGC Wealth

Finance

27 June, 2019

LGT to acquire controlling stake in WGC Wealth

Private bank and asset manager LGT, owned by Liechtenstein's princely family, has agreed to buy a majority stake in Validus...

India's tariff hike unacceptable, must be withdrawn: Trump

Economy

27 June, 2019

India's tariff hike unacceptable, must be withdrawn: Trump

U.S. President Donald Trump on Thursday asked India to withdraw retaliatory tariffs that New Delhi imposed this month, calling...

Paytm's Vijay Shekhar Sharma joins as anchor investor in Roots Ventures' debut fund

Finance

27 June, 2019

Paytm's Vijay Shekhar Sharma joins as anchor investor in Roots Ventures' debut fund

Paytm founder Vijay Shekhar Sharma has joined as an anchor investor in the debut fund of alternative asset management firm ......

RBI says foreign firms can process transactions abroad, but must store data in India

Finance

27 June, 2019

RBI says foreign firms can process transactions abroad, but must store data in India

Foreign payment firms such as Mastercard and Visa can process transactions made in India outside of the country but the ......

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Warburg Pincus records another stellar exit from stake sale in ICICI Lombard

Finance

26 June, 2019

Warburg Pincus records another stellar exit from stake sale in ICICI Lombard

Marquee private equity investor Warburg Pincus has walked away with a bountiful harvest after selling more stake in ICICI Lombard...

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