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Fintech & UPI

A decade after demonetisation, an analytical look evaluates the outcomes against five initial promises

Ten years after the demonetisation policy, an evaluation assesses actual outcomes against the five original official promises. This review examines how the policy measures up across economic indicators after a full decade. Readers gain a balanced, data-driven perspective on the long-term impacts.

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The Federal59m ago 1 min
Economy

Production Linked Incentive schemes pull in ₹2.40 lakh crore and generate vast output

A joint assessment by NITI Aayog (the apex public policy think tank of the Government of India) and IIM Ahmedabad reveals that Production Linked Incentive (PLI) schemes have attracted ₹2.40 lakh crore in investments and generated ₹22.66 lakh crore in production. While manufacturing outcomes are strong, the review identifies notable gaps in employment generation, domestic value addition, and exports.

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Hindu BusinessLine1h ago 1 min
Economy Breaking

Union Cabinet clears ₹62,370 crore fertiliser subsidy package for the upcoming Rabi season

The Union Cabinet has approved a fertiliser subsidy package totalling ₹62,370 crore for the Rabi season. This package incorporates Nutrient Based Subsidy (NBS) rates specifically for phosphatic and potassic (P&K) fertilisers. The approved rates apply to the period spanning from October 1, 2026, to March 31, 2027.

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Hindu BusinessLine1h ago 1 min
Fintech & UPI Govt

Insurance regulatory changes prompt PB Fintech to expand into non-insurance offerings

Recent regulatory reforms by the Insurance Regulatory and Development Authority of India (IRDAI) have driven PB Fintech to diversify into non-insurance services. This strategic shift adapts the platform's business model to the evolving regulatory landscape. The move broadens its operational scope beyond traditional insurance aggregation.

Effective Not specified in the update

For professionals: Compliance officers should monitor how platform diversification impacts revenue concentration and regulatory oversight · Watch for further circulars from the regulator concerning digital intermediaries and digital distribution guidelines

Scrips: PB Fintech

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MediaNama1h ago 1 min
CA Corner

A comprehensive primary review details Axis Midcap Fund mandate, expenses, and tax rules

A primary-source review of Axis Midcap Fund details its mid-cap investment mandate, benchmark indices, available plans, current exit load, and Total Expense Ratio (TER). The analysis also outlines associated investment risks, the redemption workflow, and the applicable Indian tax treatment. This overview equips investors with complete operational data for portfolio planning.

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Taxguru1h ago 1 min
Business

Telecom operator Vi increases focus on network expansion amid growing subscriber numbers

Telecom operator Vi is increasing investments in network infrastructure following a rise in its subscriber numbers. The carrier aims to strengthen its connectivity and coverage to retain its expanding user base. This strategic focus targets improved service quality across its operating circles.

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Economic Times1h ago 1 min
Fintech & UPI

Paytm share price surges past Rs 1,900 for the first time since its 2021 market debut

Paytm share price has surpassed Rs 1,900 for the first time since its initial public listing in 2021. The stock has registered a 49% increase on a year-to-date basis. This milestone reflects strong market momentum and shifting investor sentiment toward the fintech major.

Scrips: Paytm

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The Times of India1h ago 1 min
RBI/SEBI Govt Breaking

Inventure Growth & Securities receives a penalty of ₹3 lakh from market regulator SEBI

Market regulator SEBI (the statutory body that regulates the securities market in India) has levied a penalty of ₹3 lakh on Inventure Growth & Securities (NSE:INVENTURE). The regulatory action addresses compliance infractions identified by the watchdog. The order highlights ongoing regulatory scrutiny of listed brokerage entities.

Effective Not specified in the update

For professionals: Review internal control systems within stockbroking firms to prevent regulatory infractions. · Monitor the regulatory website for formal adjudication orders detailing the specific compliance failures. · Advise clients and brokerages on the importance of strict adherence to operational standards and compliance guidelines.

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Kalkine India1h ago 1 min
Economy

Akasa Air Reports First Quarter Fiscal Year 27 Net Loss Exceeding 500 Crores

Akasa Air experienced an expanded net loss surpassing ₹500 crore during the first quarter of fiscal year 2027. Despite the deepening financial deficit, the airline affirmed its strong capital position while growing its flight routes and securing capital from current backers. The carrier continues to pursue network expansion alongside ongoing fundraising efforts.

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Hindu BusinessLine1h ago 1 min
Commodities

Lairenlakpam Ambekar Meetei Secures Historic Youth Olympics Boxing Gold for India

Lairenlakpam Ambekar Meetei from Manipur achieved a historic milestone by capturing India's first-ever boxing gold medal at the Youth Olympics. The achievement marks a significant breakthrough for Indian pugilists on the international youth sports stage. Further details regarding the specific weight category or opponent were not provided in the source report.

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India Today1h ago 1 min
Economy Govt

Food Safety Authority Requires Updated Dairy Packaging Logo Starting in 2028

The Food Safety and Standards Authority of India has issued a mandate requiring a newly designed logo on all dairy product packaging starting in the year 2028. Dairy product manufacturers must update their packaging labels to incorporate this designated symbol before the deadline. Specific design specifications or visual details of the new logo were not stated.

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Dairy Business Middle East & Africa1h ago 1 min
Markets

Nebius Surpasses Revenue Expectations Driven by High Demand for Artificial Intelligence

Nebius reported a quarterly revenue of $981 million, outperforming analyst projections of $907.5 million due to robust artificial intelligence demand. The firm projects future sales between $12 billion and $13 billion by 2027, though its 2026 sales outlook sits below market forecasts. Customer preferences for extended contracts at higher prices have driven prepayments above capital expenditures.

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ET Markets1h ago 1 min

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