MUMBAI: CRED, once a high-trust credit-card payments app aimed at spenders and monetised through cross-sold loans, insurance and payment flows, is now turning to savers, using Kuvera—acquired in 2024—to enter wealth management.The upgrade of Kuvera targets affluent investors with large portfolios, with an emphasis on long-term compounding. The platform seeks to improve discipline, decision-making, asset…
NEW DELHI: Senior Trinamool Congress (TMC) leader Abhishek on Tuesday accused the Centre of hurting the “pride and self-esteem” of the Rajbanshi community in north Bengal by failing to honour promises made during successive election campaigns.Addressing a public meeting at the Natabari assembly constituency in Cooch Behar district, the TMC national general secretary alleged that…
Billionaire Gautam Adani and his nephew Sagar Adani have moved to challenge a US securities fraud case, asking a federal court in New York to dismiss the lawsuit filed by the US Securities and Exchange Commission (SEC) regarding a 2021 bond issue by Adani Green Energy Ltd (AGEL).In a filing before the Brooklyn federal court,…
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The ongoing Middle East crisis is emerging as a significant external shock for India, with risks spreading across energy markets, trade flows and supply chains, according to a recent white paper by Dun & Bradstreet.The report shows that countries in the Gulf–Levant region account for nearly 15 per cent of India’s merchandise exports and about…
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NEW DELHI: Indian airlines have cancelled over 10,000 flights to West Asia since the start of the US-Iran war on Feb 28. Aviation ministry joint secretary Asangba Chuba Ao said Tuesday Indian airlines on an average had 300-350 daily flights to West Asia, a number that is now down to 80-90. Apart from monetary losses…
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