Industry Trends

49 crypto exchanges register with FIU; focus on curbing money laundering: Report

In an effort to combat illicit activities, the Financial Intelligence Unit officially registered 49 predominantly Indian cryptocurrency exchanges. This comes as part of the country's efforts to combat money laundering and prevent terrorist financing risks in the digital currency sector, which includes hawala-unaccounted transactions, gambling, scams, fraud, and even an instance involving an illegal adult content website.

Industry Trends

MeitY, Grok, and the question of responsible AI

Allegations involving harmful AI-generated content have triggered a regulatory response that raises broader questions about platform responsibilities, the risks posed by generative AI, and India’s evolving digital regulatory framework.

Industry Trends

ESAF Small Finance Bank Q3 Update: Deposits up 7% to ₹24,006 crore, advances grow 13%

Total deposits rose 7.10% year-on-year to ₹24,006 crore as of December 31, 2025, compared with ₹22,415 crore a year earlier. On a quarter-on-quarter basis, deposits increased 4.86% from ₹22,894 crore as of September 30, 2025. Shares of ESAF Small Finance Bank Limited ended at ₹26.85, up by ₹0.080, or 0.30%, on the BSE.

Industry Trends

Piramal Finance sees funding cost relief after fresh rating from CRISIL

Piramal Finance has received a new AA+ credit rating from CRISIL, which management expects to lower borrowing costs over time. The company said it does not need fresh capital, remains on track for over 25% AUM growth, and is progressing toward a 7% net interest margin by FY27, while remaining patient on further insurance divestments.

Industry Trends

Defence biggest theme of decade and not oil, natural resources or forex. Gurmeet Chadha explains why

Defence has emerged as the defining investment theme of the decade, says Gurmeet Chadha, emphasising that military strength now outweighs oil, natural resources or forex reserves in shaping national power. His remarks come amid geopolitical tensions between the US and Venezuela and a sharp rally in Indian defence stocks, underscoring strong structural momentum in the sector.