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Al-Nassr

Curated news coverage, institutional background, regulatory filings, and investigative reporting across RDU Global.

5 Stories Indexed
Last Updated: Just Now
Verified Entity Intelligence
Banking, Fintech & Insurance 04 Oct 2026, 02:44 AM IST

UPI MDR Could Reach 47.2 bps for Merchants After GST, Raising Costs on High-Value Digital Payments

India’s new UPI merchant fee framework could translate into an effective cost of about 47.2 basis points for businesses once GST is included, according to the structure announced for person-to-merchant transactions above Rs 2,000. The charge, set at 0.4% MDR and capped at Rs 300 for transactions of Rs 75,000 and above, takes effect from October 15, while consumers will not be charged.

By RDU Global Wire5 min read
Banking, Fintech & InsuranceJust now (03:26 AM IST)

Niyo Parent Finnew Cuts FY26 Loss 58% as Revenue Jumps 80% to ₹158 Crore

Fintech soonicorn Niyo’s parent, Finnew Solutions Pvt Ltd, reported a sharp improvement in operating performance for FY26, with consolidated revenue rising 80% year-on-year to ₹158 crore. The company also narrowed its consolidated net loss by 58.1% to ₹32.6 crore, signalling stronger monetisation and tighter cost control even as the sector remains under pressure to prove durable profitability.

5 min readRead →
Macro Economy & Fiscal PolicyJust now (12:43 AM IST)

India’s capital expenditure rises 18% in April-August even as fiscal deficit widens to 41% of target

India’s capital expenditure increased 18% in the April-August period, signalling continued public investment momentum despite a softer revenue backdrop. At the same time, the fiscal deficit widened to 41% of the full-year Budget Estimates, reflecting slower tax collection growth and underscoring the strain on the government’s budget math.

5 min readRead →
National Governance & PolicyJust now (08:16 PM IST)

HAL Shares May Re-rate as Tejas Mk1A Deliveries Near, Jefferies Says

Hindustan Aeronautics Ltd. could be approaching a fresh valuation re-rating as visibility improves on deliveries of the Tejas Mk1A fighter jet, Jefferies said. The brokerage highlighted that the aircraft accounts for 43% of HAL’s order book and noted that management now expects 10 deliveries this year, well above its earlier estimate of five.

4 min readRead →
Markets, IPOs & WealthJust now (06:11 PM IST)

Fourteen Small-Cap Stocks Defy Market Slump, Surge Up to 105% in Three Months

A sharp rotation in India’s equity market has left the Nifty 50 nearly 5% lower over the past three months, but a select group of small-cap names has moved decisively in the opposite direction. Fourteen stocks in the Nifty Smallcap 500 universe have rallied between 50% and 105%, with Raymond and Welspun Corp among the strongest performers, underscoring how stock-specific catalysts can overpower broader market weakness.

5 min readRead →

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