FCS to invest $250mn to build world’s biggest ‘green’ card hub
MUMBAI: Federal Card Services (FCS), a Miami-based producer of premium payment cards, has pledged $250 million to build a manufacturing, technology, and services facility in Pune, which it will turn into a central node in its global network. The investment is expected to generate more than 1,000 jobs. A 32,000-sq-ft plant is set to begin…
Govt clears 100% FDI, composite licences in sweeping insurance reforms
The Insurance Laws (Amendment) Bill is expected to be introduced in both houses of Parliament next week, the first of the two officials quoted above said. The bill allows a differential licensing regime to support micro-insurers serving low-income and rural populations and paves the way for captive insurers — allowing conglomerates to establish in-house insurers…
Top stocks to buy today: Stock recommendations for September 17, 2025 – check list
Top stocks to buy today (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, the top stocks to buy today are Godrej Properties and Panacea Biotech:Godrej Properties – Double Bottom + Long-term SupportBuy near: ₹2,050–2,020 | SL: ₹1,950 | Target: ₹2,250The stock has been in…
Rupee at 90 per US dollar: What is RBI doing to defend it? ‘Sell $100 Million Every Minute’!
Multiple factors are affecting the rupee negatively. (AI image) The Indian rupee is under pressure and has been hitting new lifetime lows – crossing the 90 mark versus the US dollar. The rupee has depreciated 4.9% against the dollar in 2025, positioning itself as the third-worst performer among 31 major currencies, surpassed only by the…