Upcoming IPO: PhonePe gives up ₹1,500 crore revenue to future-proof its fintech story before going public

As PhonePe prepares for one of the most anticipated public listings in the Indian fintech space, the company finds itself at a strategic crossroads. Known as the undisputed leader of the UPI ecosystem, PhonePe is currently undergoing what analysts call a “pre-IPO reset”—a calculated shift that involves pausing high-revenue segments to ensure a more sustainable…

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Stock market today: Trade guide for Nifty 50, gold, silver rates, USD vs INR to India-EU FTA; 8 stocks to buy or sell

Stock market today: The Indian stock market witnessed a volatile session on Tuesday. After a roller-coaster activity, the Nifty 50 index ended 127 points higher, while the Sensex was up by 320 points. Among sectors, the Metal Index was the top gainer, rallying 3.35%, whereas the Media Index lost the most, shedding over 1%. Technically,…

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Metro Brands Q3 Results: Net profit jumps 37% YoY to ₹130 crore, announces interim dividend of ₹3 per share

Metro Brands Limited (MBL), one of India’s leading footwear retailers, reported a 15% revenue growth in Q3 FY26 to ₹811 crore, driven by strong festive and wedding season demand, supported by a reduction in GST on footwear priced below ₹2,500. For the nine-month period ended December 2025, the company recorded a 12% revenue growth, which…

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Gold rates today: MCX gold rises ₹3,780 per 10g, silver jumps ₹30,000 per kg on safe-haven buying

It seems there is no stopping the rally in precious metals, as both silver and gold extended their record-breaking run into Tuesday’s trade, with investors continuing to favor safe-haven assets amid escalating trade and geopolitical tensions. Concerns have mounted after US President Donald Trump threatened to raise tariffs on South Korean goods from 15% to…

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