June 8, 2025

Finance

Finance

Court blocks state from shutting down internet as public debate on Finance bill gathers pace

The government has been prohibited from shutting down the internet or interfering with access in any way as the public and Parliament debate the Finance Bill that triggered Gen Z protests and a violent state backlash last year. The High Court on Wednesday ruled against such tampering by the government or its agents in a pre-emptive

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Finance

Is Germany’s powerful finance minister in over his head? – POLITICO

“When somebody concentrates all power into their hands, then of course that person will be held responsible for their mistakes,” said one SPD politician, speaking on condition of anonymity to discuss internal party matters. In the past, Klingbeil could always blame the party’s failures on others — including Olaf Scholz’s unpopularity — said the parliamentarian.

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Finance

LIC Housing Finance Q4 profit surges 25% to ₹1,368 crore, NII falls 3%; ₹10 dividend declared

The mortgage arm of insurance behemoth LIC, LIC Housing Finance Ltd, on Thursday (May 15) reported a 25.4% year-on-year (YoY) jump in net profit at ₹1,368 crore for the fourth quarter that ended March 31, 2025. In the corresponding quarter of the previous fiscal, LIC Housing Finance posted a net profit of ₹1,090.8 crore, the

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Finance

Consortium Media Finance Launches at Cannes

Film and TV investment vehicle Consortium Media Finance, founded by Marcus Warren and Christian Moore, the son of actor Roger Moore, has launched at the Cannes Film Festival, and revealed its first slate of feature projects. Consortium Media Finance, alongside sister company Consortium Pictures, is “strategically positioned to combine robust financing capabilities with creative and

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Finance

IKF Finance closes ₹1,465 crore funding from Norwest, Motilal Oswal Alternates

Hyderabad-based non-banking financial company (NBFC) IKF Finance has raised ₹1,465 crore (around $175 million) in a funding round led by Norwest Venture Partners, with participation from existing investor Motilal Oswal Alternates. This marks the company’s largest fundraise, comprising primary capital infusion and secondary stake sales, IKF Finance said on May 15. “This is our largest

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Finance

Finance committee votes to recommend CPA grants to City Council; one item tabled

WESTFIELD — The Finance Committee of Ralph Figy, chair, Brent Bean and Rick Sullivan met to review requests for funding from the Community Preservation Committee and mayor in order to make recommendations to the City Council at its May 15 meeting. The committee voted to recommend all of the grants awarded at a CPC meeting

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Finance

Pixel’s At a Glance could soon show you finance recaps

Joe Maring / Android Authority TL;DR The Pixel-specific version of Google’s At a Glance (SmartSpace) may add a Finance Recap feature. There’s no official timeline yet, and other leaked features like sports scores have also not yet released. The At a Glance widget is popular on Android flagships as a quick way to get contextual

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Finance

Muthoot Finance: Gold loan growth solid; stock worth a buy?

Muthoot Finance Ltd reported an operationally healthy March quarter, with a strong 41 per cent year-on-year (YoY) growth in gold loans. Profit for the Kochi-based NBFC grew 42.7 per cent YoY in Q4, led by robust loan growth, controlled increase in opex and sequential decline in provisions. Net interest margin (NIM), however, fell sequentially. While

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Finance

Muthoot Finance Shares Fall: Bulls see it as an asset quality play, bears flag earnings risks

Gold financing company Muthoot Finance Ltd. fell as much as 5% on Thursday, May 15, in reaction to their quarterly results that were reported after market hours on Wednesday. Analysts tracking the stock remain divided on the stock’s prospects going forward. At the end of its earnings call, Muthoot Finance maintained its gold loan guidance

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Finance

Muthoot Finance bulls see it as a asset quality play, while bears see earnings risk

Gold financing company Muthoot Finance Ltd. will be reacting to its results on Thursday, May 15. The results were reported after market hours on Wednesday. Analysts tracking the stock remain divided on the stock’s prospects going forward. At the end of its earnings call, Muthoot Finance maintained its gold loan guidance for financial year 2026

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