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Zomato founder Goyal pips Dmart’s Damani to top list of 200 self-made entrepreneurs
BusinessLine· 2025-12-17 19:01
Eternal (Zomato) promoter Deepinder Goyal has pipped Radhakishan Damani of Avenue Supermarts (Dmart) to top the IDFC FIRST Private & Hurun India’s top-200 Self-made Entrepreneurs of the Millennia 2025 list released here on Wednesday.While Eternal topped the list with its valuation rising 27 per cent year-on-year to ₹3.2 lakh crore, Avenue’s Supermarts’ dipped 13 per cent to ₹3 lakh crore to occupy the second place.Interestingly, Rahul Bhatia and Rakesh Gangwal of InterGlobe Aviation (Indigo), which faced tr ...
India’s economic strength, capital pools and digital infrastructure power its geoeconomic clout: V Vaidyanathan
The Economic Times· 2025-12-17 18:50
Vaidyanathan said geoeconomics ultimately boils down to economic power. “Trade negotiations, tariffs and supply chains are all decided by the underlying strength of an economy—what a country produces, what others need and how competitive it is,” he said, citing China’s manufacturing scale and the US’s consumption-led $30 trillion economy as examples.India, he said, is now asserting its own strength. “From a $1.5 trillion economy some years ago, India is already close to $4 trillion. That growth story is pl ...
The deobank revolution: Pioneering a financial model for full user control
Gulf Business· 2025-12-16 20:34
Credit for images: Supplied photosWeFi’s co-founder and group CEO Maksym Sakharov has positioned himself at the centre of a financial shift that is starting to reshape how money moves, how value is stored, and who gets real control over their wealth. Leading the world’s first deobank, he sits at the intersection of traditional finance, blockchain, and global regulation, arguing that the next big leap in banking won’t come from sleeker apps or faster KYC, but from rebuilding the system on-chain. In this con ...
Bihar’s credit-deposit ratio: A reality check
BusinessLine· 2025-12-16 19:21
The very existence of banks is justified by their ability to mobilise funds, specifically from the general public (depositors), and utilise those funds for their intended purpose: lending to firms and individuals within the economy. Collectively, the lending as a percentage of deposits is referred to as the credit-deposit ratio (CDR). The CDR in the range of 70-80 per cent is generally considered comfortable, though there is no specific number or range mandated by the Reserve Bank of India (RBI).In January ...
Why is Indian rupee continuously falling? Know 6 major factors and impact on Indian households
DNA India· 2025-12-16 19:18
The Indian rupee has fallen for the fourth consecutive session today, hitting an all-time low of the 91 per dollar mark in the afternoon session. Falling to this lowest mark can be due to several factors including tariff pressures from Washington. The Indian rupee has fallen for the fourth consecutive session today, hitting an all-time low of the 91 per dollar mark in the afternoon session. Falling to this lowest mark can be due to several factors including tariff pressures from Washington, which still impa ...
Nifty Bank Prediction Today – December 15, 2025: Nifty Bank futures: Go long on a dip
BusinessLine· 2025-12-15 13:07
Nifty Bank index began today’s session with a gap-down at 59,054 versus Friday’s close of 59,390. It is now at 59,220, down 0.3 per cent.The advance/decline ratio stands at 3/9, indicating a bearish bias. Federal Bank (up 0.8 per cent), IDFC First Bank (up 0.7 per cent) and Canara Bank (up 0.1 per cent) are the gainers. IndusInd Bank (down 0.9 per cent) and Kotak Mahindra Bank (down 0.7 per cent) are the top losers in Nifty Bank index so far today. Nifty Private Bank and Nifty PSU Bank are down about 0.3 pe ...
Forex card vs credit card: Here’s how you can smartly save money on international travel with Zero Forex Markup cards?
The Economic Times· 2025-12-13 12:43
The recent dip in the rupee, touching 90 against the US Dollar, serves as a wake-up call about how quickly travel budgets can be disrupted.For example, that Rs 90,000 you set aside for $1,000 of spending could suddenly become Rs 94,000, just because the rupee fell while you were planning. This is why choosing the right card for foreign travel matters more than most people realise.Forex card vs credit cardA forex card allows you to preload foreign currency, securing the exchange rate in advance, whereas a cr ...
What Makes First Bank (FRBA) a Good Fit for 'Trend Investing'
ZACKS· 2025-12-12 22:55
When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate rev ...
Charting the horizon towards sustainability
Worldfinance· 2025-12-11 22:28
Torre Popular, Banco Popular’s headquarters in Santo Domingo&nbsp In today’s world, where social, environmental and economic challenges are increasingly complex, sustainability has moved from being a trend to an urgent necessity. Within this context, Banco Popular Dominicano has assumed a leading role in promoting a business model grounded in sustainability, integrating this vision across all levels of its institutional structure. This article explores in depth the strategic management behind the bank’s sus ...
Asia’s Newest Crypto Hub: Gelephu Mindfulness City Partners with Matrixdock for Pioneering Gold Tokenization Initiative
BusinessLine· 2025-12-11 15:59
SINGAPORE and GELEPHU, Bhutan, Dec. 11, 2025 /PRNewswire/ -- Gelephu Mindfulness City (GMC) is rapidly emerging as a leading, crypto-friendly jurisdiction in Asia, backed by a clear, progressive regulatory framework for digital assets. Highlighting this strategic direction, the GMC Authority (GMCA) has appointed Matrixdock as the tokenization technology partner for GMC’s gold-backed token, TER.This strategic collaboration follows the recent granting by the GMC Authority (GMCA) of a Financial Services Licenc ...