Short news for quality minds. Power your niche.Smartly curated short news for quality minds. Want your own niche feed? Integrate with us today.
GetVantage secured Rs 63 crore in a Series A1 round on Wednesday to scale its Capital Gateway for MSMEs. Founder Bhavik Vasa said, "Our growth and momentum validate our evolution into India's Capital Gateway." The Mumbai-based fintech platform uses this funding to help small businesses access working capital seamlessly.
Indian travel companies and hotels expect a strong current quarter performance despite the West Asia conflict. Nikhil Sharma said, "September is showing stronger momentum, with average room rates across our portfolio pacing more than 25% higher year-on-year." Buoyant domestic travel and upcoming business events continue to drive this steady growth.
Jetstar will charge passengers for storing larger carry-on bags in overhead lockers from February. You can still keep one under-seat bag for free. CEO Stephanie Tully said, "You only pay for what you need." The airline hopes this new policy will speed up boarding and help flights leave on time.
Vodafone Idea entered a period of execution for FY27 after resolving its long-running AGR dispute. Chairman Kumar Mangalam Birla said, "FY27 begins a period of execution." The company got promoter capital and started adding subscribers again. Revenue rose to Rs 44,873 crore as the firm focused on improving its network competitiveness.
Having a second child after a long gap often changes long-term financial planning by extending education expenses closer to retirement. A 38-year-old couple might need to work six more years to reach their goal. Experts suggest separate investment plans for each child and warn against using retirement savings for education.
The RBI kept the repo rate at 5.25 percent on Wednesday, citing crude oil volatility as a major inflation risk. While the central bank lowered the FY27 inflation projection to five percent, it raised the growth forecast to 6.7 percent. Geopolitical tensions continue to cloud the near-term price outlook.
The Reserve Bank of India’s Monetary Policy Committee on Wednesday flagged El Niño and uneven monsoon rains as risks to agriculture and rural demand. Governor Sanjay Malhotra said, “Deficient and uneven south-west monsoon amidst El Niño conditions poses some risks to the agriculture sector’s outlook and rural demand.” Inflation forecasts fell.
The RBI kept the repo rate at 5.25% on June 6, 2026. Governor Sanjay Malhotra said this decision offers stability, but experts worry about affordable housing. While sales fell 6% in top cities, developers hope the steady rates will help buyer confidence and support long-term growth in the real estate market.
MapmyIndia profit rose 8.6% to ₹49.7 crore in the June quarter. The firm said revenue grew 14.9% to ₹139.7 crore. Chairman Rakesh Verma said, "FY27 started with another quarter of profitable growth." The company also appointed Rohan Verma as Joint Managing Director, effective from July 1, 2026, to lead operations.
The Centre moved to extend tax exemptions for foreign electronics suppliers until 2041 under the Taxation and Other Laws (Amendment) Bill, 2026. Finance minister Nirmala Sitharaman tabled this in Parliament on Tuesday. The move aims to boost investment and help India grow as a major global hub for electronics production.
The S&P 500 hit a new high as global markets rose on August 5, 2026. Oil fell to $79 per barrel, helping bond markets stay steady. While U.S. stocks gained, confusion remains for Nifty and Sensex. Investors now watch for a positive start as Asian markets follow the Wall Street trend.
The Supreme Court on Tuesday ordered cameras to issue automatic e-challans to uninsured vehicles. The court said 56% of vehicles on Indian roads lack insurance, leaving accident victims without compensation. Authorities will now link highway cameras to insurance databases to catch offenders and ensure strict enforcement of the law.