Zerodha founder Nithin Kamath says nearly all of the brokerage’s leaders have risen internally, with many ...More

Zerodha founder Nithin Kamath says nearly all of the brokerage’s leaders have risen internally, with many joining early in their careers. He also discussed Zerodha’s long-term approach to social impact, questioning whether mandatory CSR spending delivers meaningful outcomes. ...Less

Nikhil Kamath house tour: Nikhil Kamath lives in a large apartment located in Kingfisher Towers, a presti ...More

Nikhil Kamath house tour: Nikhil Kamath lives in a large apartment located in Kingfisher Towers, a prestigious area of Bengaluru. The apartment features modern design elements and expansive living spaces that promote comfort and relaxation. Kamath co-founded Zerodha, an influential brokerage firm that significantly contributed to his wealth. His portfolio extends to investment management and startup ventures, enhancing his financial influence. Kingfisher Towers offers residents various amenities, making it a desirable living destination. ...Less

Nithin Kamath’s financial philosophy centres on learning from debt, maintaining cash reserves and investi ...More

Nithin Kamath’s financial philosophy centres on learning from debt, maintaining cash reserves and investing with discipline. After a Rs 20,000 credit card debt took him five years to repay, he stayed away from credit cards for nearly a decade. One common thread in all of his financial advice or lesson is to have enough cash reserves. Apart from this his investment approach focuses on suitable asset allocation, low-cost index funds, regular investing, rebalancing and staying invested. ...Less

Zerodha users reported that average prices for MCX commodity positions, including gold, silver and crude ...More

Zerodha users reported that average prices for MCX commodity positions, including gold, silver and crude oil, were showing as “NA/0” on the Kite app. Zerodha said the issue was caused by a delay in receiving reports from the exchange and added that it was coordinating with the exchange to resolve the problem promptly. ...Less

Nikhil Kamath advice for startups: The Zerodha co-founder expressed agreement with a warning that startup ...More

Nikhil Kamath advice for startups: The Zerodha co-founder expressed agreement with a warning that startups should raise capital soon due to uncertain conditions. A social media post highlighted the importance of securing enough money for the next one or two years. India’s funding environment is experiencing a decline in deal volume but an increase in total funding amounts. The focus is shifting towards larger funding rounds amidst challenging market conditions. ...Less

In a landmark ruling, the Supreme Court of India highlighted troubling markups on cancer drugs enforced b ...More

In a landmark ruling, the Supreme Court of India highlighted troubling markups on cancer drugs enforced by hospitals, urging a probe into reports of patients being directed to specific pharmacies for their medications. Following this announcement, the BSE Hospitals Index faced a steep 5% drop, leading to notable losses for industry giants like Apollo Hospitals and Fortis Healthcare. ...Less

Aravind Srinivas, from a financially lower-middle-class Tamil family, missed Computer Science at IIT Madr ...More

Aravind Srinivas, from a financially lower-middle-class Tamil family, missed Computer Science at IIT Madras by 0.01 CGPA and was later rejected by MIT. He turned the setbacks into motivation, topping a machine learning class and earning a PhD from UC Berkeley. After working with OpenAI and Google DeepMind, he co-founded Perplexity AI in 2022. The startup reached a $20 billion valuation in 2025, while Forbes estimates Srinivas’ net worth at $2.1 billion. ...Less

September 2025 marked a significant increase in Draft Red Herring Prospectuses submitted to Sebi with 55 ...More

September 2025 marked a significant increase in Draft Red Herring Prospectuses submitted to Sebi with 55 submissions. Companies with a March 31 fiscal year end rushed to file before the September 30 deadline. Failing to meet this deadline could complicate their IPO plans, requiring updated audits and due diligence. The IPO market has surged since July, recovering from previous delays in activity. ...Less

Solar Industries is performing well in the market despite broader weaknesses, primarily due to strong ear ...More

Solar Industries is performing well in the market despite broader weaknesses, primarily due to strong earnings. The planned acquisition of Omnia Holdings is expected to significantly increase revenue and profits in the long term. Management forecasts that combined revenues may substantially rise by FY28, enhancing overall financial performance. However, the acquisition could lower short-term profitability due to increased debt. ...Less

Securities and Exchange Board of India has ordered a refund for investors affected by Growpital's scheme. ...More

Securities and Exchange Board of India has ordered a refund for investors affected by Growpital's scheme. The refund will involve ₹192.88 crore raised from over five thousand investors through unregistered entities. Sebi will verify investor details with Cashfree Payments before issuing refunds proportionately. Investors will receive interest at a rate of 12% per annum from the date of the interim order. ...Less

As investors approach October, the landscape is shaped by high crude oil prices, increasing bond yields, ...More

As investors approach October, the landscape is shaped by high crude oil prices, increasing bond yields, and continued foreign selling. Historically, October has favored positive market returns, yet recent downturns could challenge this pattern. With the earnings season on the horizon, corporate profitability, particularly within large-cap stocks, will be under scrutiny. ...Less

Zerodha co-founder Nithin Kamath said regulatory risk is the biggest threat for regulated financial busin ...More

Zerodha co-founder Nithin Kamath said regulatory risk is the biggest threat for regulated financial businesses, citing IRDAI’s proposed insurance commission changes. He warned that regulatory shifts affecting broking, F&O, client float and MTF can rapidly alter business economics and valuations. ...Less

Benchmark indices faced a decline as global uncertainty impacted the market and investor sentiment remain ...More

Benchmark indices faced a decline as global uncertainty impacted the market and investor sentiment remained cautious. The Nifty index is under pressure, with 22,600 acting as a significant support level. Foreign portfolio investors recorded a net sale of shares worth Rs 10,148 crore while domestic institutions were net buyers. The rupee settled flat against the US dollar amidst heavy FII outflows. ...Less

Zerodha founder Nithin Kamath has said the proposed Merchant Discount Rate (MDR) on UPI transactions coul ...More

Zerodha founder Nithin Kamath has said the proposed Merchant Discount Rate (MDR) on UPI transactions could end free equity delivery trades, warning that brokers cannot keep absorbing a charge that applies to every transfer regardless of whether a trade happens. ...Less

Two new passive funds will open for subscription this week, including Zerodha Nifty Next 100 ETF and Moti ...More

Two new passive funds will open for subscription this week, including Zerodha Nifty Next 100 ETF and Motilal Oswal Nifty REITs & Realty Index Fund. The funds will have minimum investment amounts of Rs 1,000 and Rs 500, respectively. ...Less

The representation from brokers is likely to propose capping the charge at Rs 5 instead of Rs 300, raisin ...More

The representation from brokers is likely to propose capping the charge at Rs 5 instead of Rs 300, raising the zero-MDR threshold from Rs 2,000 to Rs 20,000, and reconsidering the mandatory periodic settlement of unused client funds that has been a long-standing ask, they said. ...Less

Zerodha CEO Nithin Kamath said the new UPI MDR framework may not make economic sense for investing and br ...More

Zerodha CEO Nithin Kamath said the new UPI MDR framework may not make economic sense for investing and broking, where customers can transfer funds without trading. He said brokers may struggle to absorb the costs indefinitely, particularly under quarterly settlement rules, and suggested a lower MDR with a transaction-level cap. ...Less

The proposed Merchant Discount Rate (MDR) on UPI transactions could create significant costs for stockbro ...More

The proposed Merchant Discount Rate (MDR) on UPI transactions could create significant costs for stockbrokers even when customers do not execute trades, Zerodha co-founder Nithin Kamath said, calling for a lower transaction charge with a smaller cap for the broking industry. ...Less

Zerodha founder Nithin Kamath recalled how NSE’s free NSE NOW trading platform helped the brokerage start ...More

Zerodha founder Nithin Kamath recalled how NSE’s free NSE NOW trading platform helped the brokerage start in 2010 when it lacked funds to build its own platform. He also said NSE waived Zerodha’s membership fee and was welcoming during its early days, expressing confidence that NSE’s much-awaited IPO will succeed. ...Less

On September 10, the BSE faced a brief disruption that impacted various cash segment partitions and speci ...More

On September 10, the BSE faced a brief disruption that impacted various cash segment partitions and specific scrips. Once the exchange addressed the technical glitch, regular operations were restored. However, traders using Zerodha reported issues with outdated prices and order placements on certain contracts. Although Zerodha confirmed the resolution, some users experienced lingering technical difficulties. ...Less

The introduction of a 0.02% merchant discount rate will impact specific mutual fund and broking transacti ...More

The introduction of a 0.02% merchant discount rate will impact specific mutual fund and broking transaction payments. One-time investments in mutual funds and broker wallet replenishments will be subject to this fee, while recurring mutual fund SIPs via UPI AutoPay will remain exempt. Discount brokers engaging in high-value trades will experience the greatest repercussions from these modifications, and their clients could ultimately face increased costs. ...Less

The PB Fintech-owned marketplace, which added fixed deposits and bonds last year, currently gets around t ...More

The PB Fintech-owned marketplace, which added fixed deposits and bonds last year, currently gets around two-thirds of its revenue from unsecured credit and a third from secured products. It is now looking to build a wealth business, comprising mutual funds, bonds and deposits, as another revenue stream. ...Less

This year has seen a remarkable surge in unlisted shares, particularly with MSEI, witnessing a staggering ...More

This year has seen a remarkable surge in unlisted shares, particularly with MSEI, witnessing a staggering rise of approximately 108% year-to-date in the unlisted market. Simultaneously, CSE shares have gained momentum, echoing the trend amidst increasing investor interest in smaller exchanges following the NSE IPO filing. Factors such as revival plans and enhanced broker integrations are fueling this noteworthy shift. ...Less

India’s new MDR framework for UPI is raising concern among new-age stockbrokers, who are planning to take ...More

India’s new MDR framework for UPI is raising concern among new-age stockbrokers, who are planning to take it up with Sebi. This and more in today’s ETtech Top 5. ...Less

Sebi is set to investigate the issues raised by discount brokers regarding new UPI charges that will impa ...More

Sebi is set to investigate the issues raised by discount brokers regarding new UPI charges that will impact large fund transfers starting October fifteenth. Brokers are particularly concerned that these additional costs may heavily burden them, as trades are not insured after the transfers are made. Additionally, the complexity of quarterly settlements could further escalate their expenses. ...Less

Under the framework effective October 15, regular merchant payments above Rs 2,000 will attract a 0.4% me ...More

Under the framework effective October 15, regular merchant payments above Rs 2,000 will attract a 0.4% merchant discount rate (MDR), capped at Rs 300 for transactions of Rs 75,000 or more. ...Less

Spinny has confidentially filed for its initial public offering. This and more in today’s ETtech Top 5. ...More

Spinny has confidentially filed for its initial public offering. This and more in today’s ETtech Top 5. ...Less

Following the failure of their production company Boom due to rampant piracy, Jackie and Ayesha Shroff fa ...More

Following the failure of their production company Boom due to rampant piracy, Jackie and Ayesha Shroff faced a catastrophic financial crisis. Days before it was released, distributors pulled out, making it difficult for the family to pay back debts. They were forced to sell their house and possessions due to the losses, but Jackie stayed dedicated to paying off debts, upholding his moral principles, and safeguarding his family's name. ...Less

The NPCI has unveiled a new merchant discount rate that introduces a 0.4% fee for UPI person-to-merchant ...More

The NPCI has unveiled a new merchant discount rate that introduces a 0.4% fee for UPI person-to-merchant transactions exceeding Rs 2000. This policy change has elicited mixed reactions from industry leaders. While some view it as a step toward enhancing financial sustainability within the digital payments landscape, others raise concerns about its potential effects on investment and trading activities. ...Less

The implementation of a new 0.02% merchant discount rate will influence certain UPI transactions, includi ...More

The implementation of a new 0.02% merchant discount rate will influence certain UPI transactions, including one-time contributions to mutual funds and topping up broker wallets. Notably, recurring SIPs using UPI AutoPay will remain exempt from this fee. Discount brokerage firms may see a rise in operational costs, which could lead to indirect cost implications for their clients. ...Less

New UPI rules will introduce a 0.02% merchant discount rate for capital market transactions. This special ...More

New UPI rules will introduce a 0.02% merchant discount rate for capital market transactions. This special rate applies to mutual funds and investment platforms, capped at Rs 300. Standard person-to-merchant UPI payments above Rs 2,000 will attract a 0.4% charge. Other sectors like railways and telecom will see a flat Rs 5 fee. These changes aim to support UPI infrastructure and keep consumer payments free. ...Less

Zerodha co-founder Nithin Kamath credited Karthik Rangappa as central to building Zerodha Varsity, the br ...More

Zerodha co-founder Nithin Kamath credited Karthik Rangappa as central to building Zerodha Varsity, the brokerage’s free financial education platform. Kamath highlighted Rangappa’s long association, continued contribution and role in expanding Varsity, stressing education rather than customer acquisition as its core purpose. ...Less

On Thursday, the BSE faced technical difficulties, leading to obstacles in executing trades related to fu ...More

On Thursday, the BSE faced technical difficulties, leading to obstacles in executing trades related to futures and options during the crucial weekly Sensex expiry. According to the exchange, there was a short outage that affected specific segments of the cash market. Fortunately, normal operations resumed once the issue was addressed, although brokers reported similar disruptions on their trading platforms that were subsequently rectified. ...Less

From October 15, MDR will apply to select UPI person-to-merchant payments above Rs 2,000, but not to all ...More

From October 15, MDR will apply to select UPI person-to-merchant payments above Rs 2,000, but not to all such transactions. UPI AutoPay and mandates will be treated separately, while mutual funds and capital-market payments will attract a lower MDR. Importantly, the charge will be borne by merchants, not customers, raising questions over its impact on SIPs and stock investments. ...Less

Happy Friday! Theranautilus is set to begin human trials of its nanorobot-based dental tech soon. This an ...More

Happy Friday! Theranautilus is set to begin human trials of its nanorobot-based dental tech soon. This and more in today’s ETtech Morning Dispatch. ...Less

Happy Thursday! The return of MDR is set to change UPI's market share game. This and more in today's ETte ...More

Happy Thursday! The return of MDR is set to change UPI's market share game. This and more in today's ETtech Morning Dispatch. ...Less

UPI’s new MDR framework will change how large merchant payments are charged. This and more in today’s ETt ...More

UPI’s new MDR framework will change how large merchant payments are charged. This and more in today’s ETtech Top 5. ...Less

The landscape of Indian brokerage firms is changing as smaller platforms enjoy a boom in clientele, leavi ...More

The landscape of Indian brokerage firms is changing as smaller platforms enjoy a boom in clientele, leaving larger firms in a state of flux. Experienced traders are gravitating toward these nimble, innovative platforms that emphasize robust trading capabilities rather than just competitive pricing. In contrast, giants such as Groww, Zerodha, and Angel One are seeing a notable decline in user growth. ...Less

Narendra Modi’s journey from childhood to becoming India’s Prime Minister: Prime Minister Modi's life les ...More

Narendra Modi’s journey from childhood to becoming India’s Prime Minister: Prime Minister Modi's life lessons stem from his mother and father's guidance. Teachers recognized his potential beyond academic performance, shaping his outlook. Swami Vivekananda's writings provided early intellectual and spiritual inspiration. RSS mentor Lakshmanrao Inamdar guided his organizational development and education. Ordinary people encountered throughout his life remain his greatest teachers. ...Less

Global 15-year-olds show weakest performance in reading and math tests. Nithin Kamath worries AI may redu ...More

Global 15-year-olds show weakest performance in reading and math tests. Nithin Kamath worries AI may reduce children's foundational skill development. He notes his own writing has worsened due to AI reliance. This trend mirrors a broader decline in essential academic abilities. The situation raises questions about balancing AI use with learning. ...Less

More than 90% of individual F&O traders lost money between FY22 and FY24, with retail losses reaching aro ...More

More than 90% of individual F&O traders lost money between FY22 and FY24, with retail losses reaching around ₹1.8 lakh crore. With algorithmic trading now widespread, automation could help level the playing field by giving retail investors access to tools once largely available to institutions, says Rakesh Pujara of Compounding Wealth Advisors. ...Less

Zerodha’s merchant banking licence application has received Sebi clearance, enabling its expansion into i ...More

Zerodha’s merchant banking licence application has received Sebi clearance, enabling its expansion into investment banking after formal registration. The move broadens its financial services portfolio, strengthens its capital markets presence and positions the broker to support companies raising funds through IPOs. ...Less

Zerodha founder Nithin Kamath recalled how a 15-year-old media appearance helped boost the broker’s accou ...More

Zerodha founder Nithin Kamath recalled how a 15-year-old media appearance helped boost the broker’s account openings in its early days. He also revealed that he used the pseudonym “Sachin” and even faked an accent while speaking to a journalist. Kamath later turned to social media as traditional media’s influence waned. ...Less

With this, Upstox will be joining a segment where players such as Vested Finance and IndMoney already pro ...More

With this, Upstox will be joining a segment where players such as Vested Finance and IndMoney already provide Indians access to global equities. Under the Reserve Bank of India's Liberalised Remittance Scheme (LRS), resident Indians can remit up to $250,000 annually for permitted overseas investments, including foreign-listed shares. ...Less

Gold prices and Gold ETFs have delivered strong returns, but experts caution investors against chasing re ...More

Gold prices and Gold ETFs have delivered strong returns, but experts caution investors against chasing recent performance. While central bank buying, geopolitical risks and diversification benefits support gold’s medium-term outlook, its lower Sharpe ratio highlights its cyclical nature. Experts recommend treating gold as a portfolio diversification tool and maintaining an appropriate allocation rather than increasing exposure solely because prices have risen. ...Less

Nikhil Kamath’s growing WTF and WTFund profile has ended years of confusion with brother Nithin. Nithin a ...More

Nikhil Kamath’s growing WTF and WTFund profile has ended years of confusion with brother Nithin. Nithin also recalls Zerodha’s early press breakthrough, which nearly doubled monthly account openings and revealed an unexpected growth opportunity. ...Less

On September 1, Zerodha Corporate Advisors secured approval from Sebi to function as a merchant banker, f ...More

On September 1, Zerodha Corporate Advisors secured approval from Sebi to function as a merchant banker, following their application back in April. This pivotal approval enables the firm to facilitate initial public offerings and handle various capital market activities. Although the complete registration process with the regulator remains in progress, Zerodha Corporate Advisors is gearing up to launch its new merchant banking services shortly. ...Less

Habuild, winner of the Bootstrap Champ title at the ET Startup Awards 2026, has built a profitable digita ...More

Habuild, winner of the Bootstrap Champ title at the ET Startup Awards 2026, has built a profitable digital wellness business driven largely by repeat subscriptions. The platform, which started with free yoga sessions during Covid, reported Rs 112 crore revenue and Rs 57 crore net profit in FY25, while expanding into strength training and AI-led nutrition tools. ...Less

Zerodha VP Dinesh Pai jokingly declared Nikhil Kamath better looking than his brother Nithin on X, asking ...More

Zerodha VP Dinesh Pai jokingly declared Nikhil Kamath better looking than his brother Nithin on X, asking others not to tell Nithin. He eventually found out and cheekily said he would change the website photo to feature Nikhil under his name. The exchange amused social media users, who shared jokes about the Kamath brothers, their similar names and Nikhil's unexpected win in the looks contest. ...Less

Minimac, founded by Anshuman Agrawal, has been bootstrapped and profitable since its inception, the compa ...More

Minimac, founded by Anshuman Agrawal, has been bootstrapped and profitable since its inception, the company said. The company operates across the lubricant lifecycle, helping industrial customers monitor the condition of lubricants, clean and restore used oil, and, when the oil can no longer be reused, send it to registered re-refiners. ...Less

Groww widened its lead in active clients and grew faster in FY26, but Zerodha remained nearly twice as la ...More

Groww widened its lead in active clients and grew faster in FY26, but Zerodha remained nearly twice as large in revenue and profits. As retail trading cooled, Groww is adding products and going upmarket to monetise its larger user base, while Zerodha is protecting its mature profit pool and diversifying beyond broking. ...Less

Calcutta Stock Exchange shares have more than doubled in the unlisted market in three months as hopes of ...More

Calcutta Stock Exchange shares have more than doubled in the unlisted market in three months as hopes of a revival gain momentum. The exchange is seeking to pause its voluntary exit process and explore opportunities across equities, derivatives, bonds, currencies and commodities, though any revival will require regulatory approvals and potential anchor investors. ...Less

Zerodha Fund House launched the Zerodha Life Cycle Fund 2031, a five-year target-date fund NFO open until ...More

Zerodha Fund House launched the Zerodha Life Cycle Fund 2031, a five-year target-date fund NFO open until September 10. The fund automatically shifts from higher equity exposure to conservative assets as maturity approaches. It invests across equity, government securities, commodities and arbitrage, with a Rs 100 minimum investment and no lock-in. ...Less

UTI BSE India Sector Leaders ETF, Zerodha Life Cycle Fund 2031, Monarch Overnight Fund, Motilal Oswal Qua ...More

UTI BSE India Sector Leaders ETF, Zerodha Life Cycle Fund 2031, Monarch Overnight Fund, Motilal Oswal Quality Fund, Navi Nifty REITs & Realty Index Fund, NFO, mutual funds, mutual fund news ...Less

Zerodha's net profit increased by 1.2 percent to ₹4,283 crore in FY26. Revenue remained largely unchanged ...More

Zerodha's net profit increased by 1.2 percent to ₹4,283 crore in FY26. Revenue remained largely unchanged from the previous year's ₹8,847 crore. Income from margin trading helped offset a slowdown in its core broking business. Smaller rival Groww expanded both revenue and profit by about 14 percent. Zerodha remains nearly twice as large on key financial measures. ...Less

Zerodha CEO Nithin Kamath said slower market activity and regulatory changes have challenged brokerage gr ...More

Zerodha CEO Nithin Kamath said slower market activity and regulatory changes have challenged brokerage growth, while warning that rising margin trading funding poses risks. Despite weaker trading activity, Zerodha’s customer assets continue growing, supported by trust, technology and financial content. ...Less

Zerodha’s Nithin Kamath just raised alarms regarding the risks linked to margin trading amid market downt ...More

Zerodha’s Nithin Kamath just raised alarms regarding the risks linked to margin trading amid market downturns. This practice, which has become a lucrative revenue stream for the brokerage, has pushed its margin trading book to nearly Rs 9,000 cr. With more investors leaning on leverage, concerns are mounting about potential forced selling. ...Less

Brokerage income fell 10.7% to Rs 2,738 crore during the year, while net transaction-charge income droppe ...More

Brokerage income fell 10.7% to Rs 2,738 crore during the year, while net transaction-charge income dropped to zero from Rs 400 crore after a regulatory change ended the rebates brokers received from stock exchanges. Annual maintenance charges rose marginally to Rs 180 crore, while interest income declined about 4% to Rs 2,269 crore. ...Less

Happy Friday! Block deals are putting startups’ private valuations to the test. This and more in today’s ...More

Happy Friday! Block deals are putting startups’ private valuations to the test. This and more in today’s ETtech Morning Dispatch. ...Less

Gold and silver ETFs fell sharply on Monday, with some funds declining up to 8% as precious metal prices ...More

Gold and silver ETFs fell sharply on Monday, with some funds declining up to 8% as precious metal prices extended their losses. Rising expectations of a US Fed rate hike, profit booking and a stronger dollar weighed on sentiment. Experts advised investors against panic selling and suggested rebalancing or staggered buying. ...Less

Goal-based investing is not a new concept. Mapping investments to specific goals gives your outlay a defi ...More

Goal-based investing is not a new concept. Mapping investments to specific goals gives your outlay a defined purpose, helps you stay committed to the journey, and allows you to track your progress. Financial advisors weave this into clients’ financial plans. Do-it-yourself (DIY) investors have also adopted this habit. But there are some prac tical constraints in how this gets executed. ...Less

Groww won the top prize at the 12th edition of the Economic Times Startup Awards. The list of other winne ...More

Groww won the top prize at the 12th edition of the Economic Times Startup Awards. The list of other winners, and more, in today’s ETtech Top 5. ...Less

Zerodha’s profit growth has slowed as its core broking business comes under pressure. This and more in to ...More

Zerodha’s profit growth has slowed as its core broking business comes under pressure. This and more in today's ETtech Top 5. ...Less

Young investors are embracing Systematic Investment Plans for disciplined wealth creation. Data shows a s ...More

Young investors are embracing Systematic Investment Plans for disciplined wealth creation. Data shows a significant rise in SIPs among those under thirty years old. Fintech platforms are observing increased SIP adoption across various asset classes. Parents are also initiating SIPs for their children's future education needs. This growing SIP habit faces challenges from market volatility and investor education. ...Less

With the win, Groww joins the likes of Urban Company, Lenskart, OfBusiness, Razorpay, Zomato, Zerodha, De ...More

With the win, Groww joins the likes of Urban Company, Lenskart, OfBusiness, Razorpay, Zomato, Zerodha, Delhivery, Swiggy, Oyo, Freshworks and Ola, all of which won the biggest honour over the 11-year history of the awards. ...Less

Fintech firm smallcase Technologies has introduced CASE Platforms as its new corporate identity. This new ...More

Fintech firm smallcase Technologies has introduced CASE Platforms as its new corporate identity. This new identity will unify its diverse portfolio of investment products and platform businesses. The mutual fund business, a joint venture with Zerodha, will now be known as Zerodha CASE Mutual Fund. CASE Platforms aims to help individual investors access the right financial products and tools. ...Less

Around 12 mutual funds are currently open for subscription across categories such as life-cycle, multi-as ...More

Around 12 mutual funds are currently open for subscription across categories such as life-cycle, multi-asset, multi-cap, flexi-cap and sectoral funds. ICICI Prudential Mutual Fund has the highest number of new offerings, while several other fund houses have also launched schemes with subscription deadlines ranging from August 28 to September 10. ...Less

In a significant downturn, HDFC group stocks saw a staggering loss of Rs 4.4 lakh crore in market capital ...More

In a significant downturn, HDFC group stocks saw a staggering loss of Rs 4.4 lakh crore in market capitalization over the last year. HDFC Bank suffered a 26% drop, equating to a loss of Rs 3.73 lakh crore. Similarly, HDFC Life Insurance faced a 29% decline, resulting in a Rs 47,261 crore dip. ...Less

Zerodha founder Nithin Kamath has urged fintech founders to rethink the future of trading and investing a ...More

Zerodha founder Nithin Kamath has urged fintech founders to rethink the future of trading and investing as AI, evolving market structures, regulations and emerging technologies reshape financial markets. He said brokers could eventually become little more than a “pipe” between customers and exchanges, while Rainmatter is again doubling down on fintech investments. ...Less

Happy Thursday! Top entrepreneurs and business leaders came together in Bengaluru on August 25 to pick th ...More

Happy Thursday! Top entrepreneurs and business leaders came together in Bengaluru on August 25 to pick the winners of The Economic Times Startup Awards (ETSA) 2026. ...Less

Anveshana 2026, a student research initiative, concluded with 20 projects presented by students. Prime Mi ...More

Anveshana 2026, a student research initiative, concluded with 20 projects presented by students. Prime Minister Modi highlighted this program in his Mann Ki Baat address. Top projects explored molecular docking, pesticide residues, kitchen waste conversion, and natural latex composites. Experts praised the program for fostering critical thinking and problem-solving skills. This initiative democratizes research access for school students across India. ...Less

Indian startups raised $221 million across 17 rounds during the week ended August 21, led by Sachin Bansa ...More

Indian startups raised $221 million across 17 rounds during the week ended August 21, led by Sachin Bansal-founded Navi’s $100 million fundraise, per data from Tracxn. The weekly tally was 102.5% higher than the previous week, but 14.1% lower than the same period last year. ...Less

Investment platform Upstox is exploring a potential initial public offering. The company aims to raise ap ...More

Investment platform Upstox is exploring a potential initial public offering. The company aims to raise approximately USD 350-400 million through this offering. This proposed IPO will include both new shares and an offer-for-sale. ...Less

Upstox has crossed 2 crore demat accounts, with 85% of customers from Tier-II and Tier-III cities and 70% ...More

Upstox has crossed 2 crore demat accounts, with 85% of customers from Tier-II and Tier-III cities and 70% first-time investors. The investment platform aims for 10 crore users within five years and is reportedly exploring a $350-400 million IPO. ...Less

Zerodha founder Nithin Kamath has warned startup founders that simply highlighting AI in investor pitch d ...More

Zerodha founder Nithin Kamath has warned startup founders that simply highlighting AI in investor pitch decks is no longer a differentiator. He said AI has become “table stakes” and opening a pitch with it could make investors lose interest. ...Less

Upstox is currently in talks with investment banks regarding a possible initial public offering. Backed b ...More

Upstox is currently in talks with investment banks regarding a possible initial public offering. Backed by Tiger Global, the company plans to hire advisers shortly for the imminent listing. This IPO could potentially generate approximately $400 million from both new and existing investors. Following Groww's impactful IPO last year, Upstox reached unicorn status in 2021 subsequent to a significant funding round. ...Less

Jefferies prefers two-wheeler stocks over passenger vehicle makers, citing stronger volume growth, resili ...More

Jefferies prefers two-wheeler stocks over passenger vehicle makers, citing stronger volume growth, resilient margins and improving earnings. TVS Motor Company and Eicher Motors remain its top picks, while Tata Motors Passenger Vehicles and Hyundai Motor India carry Underperform ratings amid rising competition, higher discounts and a weaker earnings outlook. ...Less

Indian equity benchmarks ended a seven-session losing streak on Thursday, August 20. The NSE Nifty50 clos ...More

Indian equity benchmarks ended a seven-session losing streak on Thursday, August 20. The NSE Nifty50 closed higher, reclaiming its 50-day exponential moving average. Several companies, including BPCL and HAL, announced significant corporate developments. RailTel Corporation received a work order, and Saatvik Green Energy secured a module supply order. Manipal Health Enterprises reported a decline in net profit for the quarter. ...Less

Zerodha Fund House has launched its Arbitrage Fund, an open-ended scheme targeting equity and derivatives ...More

Zerodha Fund House has launched its Arbitrage Fund, an open-ended scheme targeting equity and derivatives price gaps. The NFO closes August 14, with the fund designed for relatively low-volatility, tax-efficient short-term cash parking and conservative investors. ...Less

SEBI proposes digital Know Your Client processes for overseas investors. This move aims to simplify accou ...More

SEBI proposes digital Know Your Client processes for overseas investors. This move aims to simplify account opening for Non-Resident Indians and foreign nationals. Eligible investors can complete KYC from their country of residence, removing physical presence needs. This change is expected to boost NRI capital inflows into Indian financial markets. The proposal seeks to reduce onboarding time and paperwork significantly for investors. ...Less

Groww strengthened its brokerage lead in July, adding over seventy thousand active accounts. This growth ...More

Groww strengthened its brokerage lead in July, adding over seventy thousand active accounts. This growth contrasts with a general industry slowdown in user additions this year. Zerodha, the second-largest broker, continued to lose active accounts, shrinking its user base. Angel One and Upstox Securities also experienced declines in their active client numbers. HDFC Securities similarly shed active accounts during the month and year. ...Less

A Pune CEO shared the inspiring journey of his personal trainer Akash, who started earning at 13 and has ...More

A Pune CEO shared the inspiring journey of his personal trainer Akash, who started earning at 13 and has now bought his first 2BHK home at 30 after building a successful career in fitness. ...Less

Modern Bazaar is in talks with Reliance Retail, DS Group-owned Le Marche and two other premium chains for ...More

Modern Bazaar is in talks with Reliance Retail, DS Group-owned Le Marche and two other premium chains for a strategic equity partnership or majority stake sale, even as its promoter says the business is not for sale. The gourmet grocery chain is battling falling store sales, quick-commerce competition, rising overheads and pending vendor payments. ...Less

Zerodha co-founder Nithin Kamath said the sharp swings under the new Closing Auction Session (CAS) reflec ...More

Zerodha co-founder Nithin Kamath said the sharp swings under the new Closing Auction Session (CAS) reflect structural weaknesses in Indian markets rather than flaws in the mechanism itself. The new 20-minute auction, replacing the earlier VWAP-based close, has caused unpredictable late-day moves and losses for options traders and algo desks, fuelling calls for changes or a rollback. ...Less

Nikhil Kamath's reading list extends beyond finance into psychology and biology. His book selections offe ...More

Nikhil Kamath's reading list extends beyond finance into psychology and biology. His book selections offer insights into wealth, behavior, and life's complexities. Kamath shared his thoughts on several titles, rating them and explaining their impact. Books like 'The Psychology of Money' and 'Caste' were highlighted. These works explore human behavior, social hierarchies, and mortality. ...Less

In July, there was a notable drop in inflows for gold and silver ETFs, despite high prices for precious m ...More

In July, there was a notable drop in inflows for gold and silver ETFs, despite high prices for precious metals. Analysts attribute this downturn to profit-taking following a robust rally. Nevertheless, ongoing positive inflows suggest that investor interest in gold remains strong. It is recommended that investors reassess their portfolios and adjust new investments accordingly. ...Less

The Securities and Exchange Board of India (Sebi) remains steadfast in its support for the newly implemen ...More

The Securities and Exchange Board of India (Sebi) remains steadfast in its support for the newly implemented closing auction system. Despite initial trading fluctuations shaking investor confidence, the initiative is designed to enhance price discovery while aligning with international standards. However, a decrease in participation from proprietary traders has resulted in reduced liquidity. Sebi advocates for technology enhancements and a boost in order flows to ensure the system's effectiveness. ...Less

Nine new mutual funds and two Specialized Investment Funds (SIFs) are opening for subscription this week ...More

Nine new mutual funds and two Specialized Investment Funds (SIFs) are opening for subscription this week starting August 10. Offers include schemes from Aditya Birla Sun Life, SBI Mutual Fund, UTI, Bandhan, Zerodha, and WhiteOak Capital, catering to equity, arbitrage, hybrid, liquid, and ETF investment preferences. ...Less

Charlie Munger’s quote, “You have to deserve what you want,” highlights the importance of competence, dis ...More

Charlie Munger’s quote, “You have to deserve what you want,” highlights the importance of competence, discipline and personal responsibility in achieving success. The legendary investor believed desire alone cannot guarantee meaningful outcomes. His philosophy extended to investing and life, where he valued sound judgment and preparation. Munger’s partnership with Warren Buffett also shaped Berkshire Hathaway’s investment approach and long-term success. ...Less

India aims for electric air taxis to fly by 2028, with testing accelerating next year. Electric vertical ...More

India aims for electric air taxis to fly by 2028, with testing accelerating next year. Electric vertical take-off and landing aircraft offer new mobility for major congested cities. Sarla Aviation is developing a six-passenger eVTOL aircraft with seven electric motors. Affordability and safety are key for commercial viability, with localization reducing costs. These aircraft could significantly cut travel times and find uses in medical evacuations. ...Less

Zerodha CEO Nithin Kamath said the new Closing Auction Session for F&O stocks could reduce brokerage reve ...More

Zerodha CEO Nithin Kamath said the new Closing Auction Session for F&O stocks could reduce brokerage revenue by 1–5% while making market timings more complex. The auction aims to improve price discovery, reduce index distortions and lower passive fund tracking errors. ...Less

India's recently introduced closing auction system for stock prices is encountering early challenges, wit ...More

India's recently introduced closing auction system for stock prices is encountering early challenges, with traders raising alarms over erratic price fluctuations and confusion in the marketplace. In response, the Securities and Exchange Board of India (SEBI) held discussions with brokerages, reassuring them of the system's persistence. The lack of engagement from proprietary and high-frequency traders resulted in decreased liquidity, potentially affecting broker revenues and the volume of derivatives trading. ...Less

Zerodha co-founder Nithin Kamath warned that rapid growth in margin trading funding could amplify market ...More

Zerodha co-founder Nithin Kamath warned that rapid growth in margin trading funding could amplify market downturns, especially in small- and mid-cap stocks. He cautioned that forced selling, liquidity constraints and rising leverage may intensify losses despite SEBI’s safeguards. ...Less

Nifty’s last-minute 200-point surge after the launch of the Closing Auction Session (CAS) sparked confusi ...More

Nifty’s last-minute 200-point surge after the launch of the Closing Auction Session (CAS) sparked confusion among traders, prompting NSE to clarify the index calculation process. Introduced on August 3, CAS alters the method for determining closing prices for F&O stocks through an auction mechanism. The new system aims to improve price discovery and reduce last-minute price impact. ...Less

Exchanges will change how stock closing prices are decided for F&O stocks. A new closing auction will det ...More

Exchanges will change how stock closing prices are decided for F&O stocks. A new closing auction will determine the final price after normal trading ends. This auction aims to reduce the impact of last-minute large orders. Mutual funds will benefit from more efficient execution of their closing trades. Active traders and proprietary desks will see the biggest impact from these changes. ...Less

.The speed with which Zepto has ramped its national footprint is mindboggling. But with mounting losses, ...More

.The speed with which Zepto has ramped its national footprint is mindboggling. But with mounting losses, half-baked business plans, the speed at which it was trying to IPO would have upended all its gains. There are many tech companies – both in India and abroad – which are perfectly fine being privately owned. Staying private for longer will not delay Zepto value creation but maximise it instead. ...Less

Specialty food ingredient startup Arboreal Bioinnovations has raised Rs 230 crore in a Series A funding r ...More

Specialty food ingredient startup Arboreal Bioinnovations has raised Rs 230 crore in a Series A funding round. This capital will fuel manufacturing expansion and research and development efforts. The company's revenue more than tripled in FY25, showing significant business growth. Arboreal's ingredient portfolio has supported over 300 product launches across many brands. This funding highlights growing investor interest in food ingredient and nutrition technology startups. ...Less

India's stock market introduces new closing times and auction sessions starting today. Continuous trading ...More

India's stock market introduces new closing times and auction sessions starting today. Continuous trading for F&O stocks ends at 3:15 p.m. for a new auction process. Other stocks will continue trading until 3:30 p.m. while derivatives trade until 3:40 p.m. This new system aims to improve price discovery and reduce market impact. The closing price will now be determined by an equilibrium price during the auction. ...Less

Zerodha founder Nithin Kamath reaffirmed the company’s commitment to offering direct mutual funds free of ...More

Zerodha founder Nithin Kamath reaffirmed the company’s commitment to offering direct mutual funds free of charge. He said Coin has helped investors save commissions, while many rival platforms have exited or reconsidered the low-cost direct mutual fund business model. ...Less