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Indian stock market outperforms global market indices: Bandhan Mutual Fund
India emerged as the top-performing market globally in the three months ending May 2025, delivering a robust 16% return. In comparison, emerging markets gained 5%, while world and developed market indices saw modest gains of just 2% during the same period, according to the latest Bandhan Mutual Fund Monthly Market Outlook.
9 stocks from different segments of financial services sector with an upside potential of up to 37%
We call all of them financial services companies. But they are hardly homogenous, and it would be unwise to view them through the same lens. Each segment in the sector is practically an industry in itself, and has different operating matrices. There is, however, one thing common to these companies: All of them have been through a process where the RBI or some other regulator has had a close look at them. Is that process over? Has the time come to have them on your watchlist and look at them without bias and fear?
Paytm, Mobikwik shares slip; US onsite visas stall
Paytm and Mobikwik stocks slide after MDR rumour sparks selloff. This and more in today’s ETtech Top 5.
Workplace design: A focus on people, planet, and performance
Workplace design is evolving in Southeast Asia. Firms like Zyeta are leading the change. They focus on well-being and environmental responsibility. Zyeta's work for LinkedIn Bengaluru is a prime example. It showcases sustainable practices and inclusivity. Zyeta PURE promotes eco-friendly designs. The company aims to create workspaces for a better future. They are setting new standards for global workplace design.
As the Indian economy grows, they too will grow. Some slowly, a few faster: 8 NBFC stocks stocks with upside potential of up to 46%
Let’s ask ourselves three simple questions. One: Is the financial services sector better placed after the RBI’s clean-up? Two: If an economy like India grows, can it be that this sector does not grow? Three: Can FIIs, whose selling caused sectoral underperformance, stay away from these stocks when they return? The answer to the first question is yes. And it is a no for the second. The answer to the third question was open, but now it seems to be veering towards a yes. As a sector, NBFCs will grow faster than many other sectors, because they provide credit. And credit was/is/and will remain in greater demand than its supply. So, a provider of credit is bound to grow as the Indian economy grows.
Will Naukri founder fund Mumbai auto driver earning lakhs outside US consulate? Depends on SME listing, he quips
A Mumbai auto driver's ingenious bag storage service near the US Consulate, earning him substantial income, sparked debate after a LinkedIn post went viral. While celebrated for his street-smart entrepreneurship, Info Edge's Sanjeev Bikhchandani argued the business model isn't venture capital fundable due to scalability issues and low barriers to entry.
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ID startups face data heat; Nykaa eases into qcomm
Happy Monday! Startups offering identity verification services are under the government’s scanner. This and more in today’s ETtech Morning Dispatch.
Mind Over Money: Emotional Intelligence is the new leadership edge — and women are already there
Women leaders are more open, intentional, and proactive about mental fitness than men, say experts. Their emphasis on self-reflection and emotional well-being influences their leadership approach, while men adopt structured strategies with performance-focused goals.
European stocks log second straight weekly gain on upbeat jobs data, trade optimism
European stock markets saw gains for the second week. This was due to positive job data from the United States and easing trade worries. However, new tariffs on steel and aluminum impacted the auto sector. Germany is looking for a deal on car imports with the U.S. The European Central Bank hinted at ending rate cuts.
Top tech and startup stories this week
Welcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
RBI lowers inflation forecast, but retains growth forecast
The Reserve Bank of India has revised its FY'26 consumer inflation target downwards to 3.7%, from the earlier 4% projection made in April, while maintaining a growth forecast of 6.5%. This revision is influenced by declining CPI inflation, particularly in food, and expectations of a favorable monsoon season boosting crop production.
RBI MPC opts for a 'jumbo' rate cut to bring repo rate down to 5.5%, switches to neutral gear
RBI MPC 2025 Repo Rate Change: The Reserve Bank of India's Monetary Policy Committee (MPC) reduced the repo rate for the third consecutive time this year, led by Governor Sanjay Malhotra. The decision, made on May 5, 2025, follows previous 25-bps cuts in February and April, driven by a decline in retail inflation to 3.16% in April, prompting banks to lower lending rates.
Where is India’s equity wealth sitting? Zerodha holds 1 in 10 rupees of retail & HNI assets
Zerodha now manages nearly 11% of India’s retail and HNI equity holdings, reflecting its massive user trust. Despite strong profits and revenue, CEO Nithin Kamath confirms no IPO plans, citing operational independence and stability amid short-term market slowdown.
RBI takes up axe in hand for frontloading rate cuts to push 3D India
The Reserve Bank of India cut the repo rate by 50 basis points to 5.50%, marking its third consecutive reduction and totaling 100 basis points of cuts in 2025. It also slashed the Cash Reserve Ratio (CRR) by 100 basis points to 3%, injecting additional liquidity into the banking system. The RBI shifted its monetary policy stance from "accommodative" to "neutral", citing muted inflation and the need to support economic growth.
RBI MPC at a glance: Your one-stop guide for all key decisions
The RBI's MPC, led by Governor Sanjay Malhotra, cut the repo rate by 50 bps to 5.50% to support growth, projecting a 6.5% GDP increase for 2025-26. With inflation at a near six-year low of 3.2% in April 2025, the MPC forecasts CPI inflation at 3.7% for the fiscal year.
Price wars hurt payment firms; CG Power’s fab play falters
Happy Friday! Payment aggregators are slashing fees to stay in the game. This and more in today’s ETtech Morning Dispatch.
India’s next 100 million credit users won't fit the old mould. That's a growing opportunity
India's lending landscape is evolving to include underserved segments like low-income individuals and gig workers. Traditional risk models need updating to consider alternate data and cash-flow based underwriting.
IndusInd Bank expands hyper-personalised digital banking experience to all customers with INDIE app
IndusInd Bank expands its digital banking platform, ‘INDIE’, to over 15 million retail customers, integrating core banking services into a unified interface. The app features numberless debit cards, virtual single-use cards, and dynamic ATM PINs for enhanced security.
Why RBI will hit a hattrick of 25 bps rate cut tomorrow
Despite global economic uncertainties, India's economy shows resilience with a 7.4% growth in Q4 FY25. The RBI, supported by benign inflation and moderate growth, is expected to cut the repo rate by 25 bps to 5.75% in June. This move aims to boost economic activity, encourage borrowing and investment, and foster job creation, marking the third consecutive rate cut.
Future-proofing the business: How Indian firms are leveraging ESG for growth
Integrating sustainability is crucial for navigating risks, enhancing brand value, and ensuring long-term business resilience in a volatile world.
Will Zerodha go for an IPO? Here's what Nithin Kamath said
Zerodha has ruled out IPO plans as it braces for a temporary slowdown in broking but eyes a long-term transformation into a financial services conglomerate. Backed by strong profitability, it targets Rs 10,000 crore revenue in FY26 and plans entry into banking.
Q4 Earnings, Monsoon, Rate Cuts: What's next for Indian markets?
Last week's market saw range-bound movement amid Q4 earnings and global cues, with mid and small caps outperforming. Defence stocks are strong, while banking remains an FII favorite despite governance concerns. Investors should adopt a 'buy on dips, sell on rally' strategy, closely monitoring monsoon progress and US policy for near-term triggers, with key Nifty support at 24,750.
ETMarkets Smart Talk | Dollar strength, geopolitics & yields – the triple threat roiling Indian markets: Anirudh Garg
Amid market volatility fueled by global factors like dollar strength and geopolitical tensions, Anirudh Garg of INVasset PMS offers insights on navigating Dalal Street. He suggests tactical portfolio shifts, highlighting opportunities in sectors like textiles, financials, and defence. Garg emphasizes a data-driven approach to managing risk and uncovering long-term value in a dynamic market.
ETMarkets Smart Talk: India’s market cap could hit $10 trillion by 2030, says ArthAlpha’s Rohit Beri
Rohit Beri of ArthAlpha Investment Advisors presents a bullish outlook on Indian equities, projecting a $10 trillion market capitalization by 2030. He advises investors to remain cautious amid current market volatility, focusing on sectors like capital goods, infrastructure, and renewables for long-term growth. For high-net-worth individuals, he recommends a strategy balancing capital preservation, growth, and tactical agility.
PSU banks to set up common platform for debt recovery
State Bank of India, Punjab National Bank, and Bank of Baroda, along with two other PSBs, are collaborating on a common collection firm via PSB Alliance Pvt Ltd to recover retail and MSME loans below ₹5 crore. This initiative aims to enhance recoveries and allow banks to concentrate on core activities.
Finding Gen XX among GenAI leaders
Can generative artificial intelligence help women break the proverbial glass ceiling? There are some positive signs though a lot more needs to be done, says Himanshi Lohchab
US consumer spending slows in April; inflation rises moderately
U.S. consumer spending saw a slight increase of 0.2% in April, following a more substantial 0.7% rise in March, as pre-emptive buying slowed down. This increase was influenced by President Trump's import tariffs. The Federal Reserve expressed concerns that these tariffs could hinder economic growth and increase inflation.
Exclusive: Unacademy founders Munjal, Saini set to exit, shift focus to AirLearn
Unacademy cofounder Gaurav Munjal is stepping down as CEO, with Sumit Jain taking over amid a company reset and focus on AirLearn. Fellow cofounder Roman Saini is also exiting an active role. This leadership change follows internal discussions and a shift from online test prep to physical centers, impacting the edtech's business.
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