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Mobikwik Co-Founder Shares Inspiring Journey

Mobikwik Co-Founder Shares Inspiring Journey

Upasana Taku, co-founder of Mobikwik, shares her fascinating journey from a joyful childhood in small Indian towns to becoming a leader in digital finance. Growing up in Gandhidham and Surat, she fondly remembers family holidays and the values instilled by her physicist father and music teacher mother. After starting her career in the U.S., she saw a gap in India's online payment system and co-founded Mobikwik in 2009, viewing it as an adventure. Upasana emphasizes the importance of balancing work and life, advising women entrepreneurs to set boundaries while enjoying life. Her story inspires resilience, purpose, and the joy of memorable experiences.

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US Stock Markets Surge: Key Insights You Need
US Stock Markets Surge: Key Insights You Need
The Dow Jones index gained 0.75%, closing at 42,515.09, while the Nasdaq rose by 1.40% to 19,677.57. The S&P 500 also saw a positive increase of 0.94%, finishing at 6,033.11. Over the past year, the Dow Jones has grown by 10.24%, and the Nasdaq has shown impressive gains of 11.38%. The S&P 500 recorded an 11.14% annual increase as well. These results highlight robust growth in major US stock markets, reflecting strong investor confidence that could influence Indian markets too.
SEBI’s Board Meeting: Key Changes Ahead for Investors
SEBI’s Board Meeting: Key Changes Ahead for Investors
SEBI's upcoming board meeting on June 18 is crucial for India's financial markets. It will discuss significant regulatory changes, including treating Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) as equity, which could enhance investment opportunities. The meeting will also address voluntary delisting guidelines for PSUs and relaxations for startup founders regarding employee stock options (ESOPs). Other proposals aim to ease compliance for Foreign Portfolio Investors (FPIs) and streamline processes for Qualified Institutional Placements (QIPs). These changes could positively impact investment dynamics in India.
RBI Cuts Repo Rate, Lowers Inflation Forecast for FY26
RBI Cuts Repo Rate, Lowers Inflation Forecast for FY26
The Reserve Bank of India (RBI) has revised its inflation forecast for FY26 down to 3.7%, offering relief to households. Governor Sanjay Malhotra announced that food supply improvements are contributing to this decline, while core inflation is expected to cool. The RBI also shifted its monetary policy stance to neutral and cut the benchmark repo rate by 50 basis points to 5.5%, the lowest in three years. This decision aims to stimulate growth amidst a slowing economy. Lower borrowing costs for loans will benefit consumers and boost demand across various sectors.
Gold Prices Surge Amid Middle East Tensions
Gold Prices Surge Amid Middle East Tensions
Gold prices have surged for the fourth consecutive session, reaching a nearly two-month high as tensions between Israel and Iran escalate. Spot gold rose 0.3% to $3,442.09 per ounce, driven by investors seeking refuge amid geopolitical uncertainty. Analysts suggest this conflict is elevating the demand for safe-haven assets like gold, with potential resistance at $3,500. As the U.S. Federal Reserve prepares for upcoming monetary policy decisions, many anticipate steady interest rates, which could influence gold prices further. This volatile situation highlights gold's role as a reliable investment during crises.
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Economic Disparity: Bhatia's Stark Reality Check
Sabeer Bhatia, the co-founder of Hotmail, criticized India for celebrating its economic growth while ignoring the harsh reality of 415 million people living on just ₹265 a day. His remarks ignited a fierce debate online, with many defending India's achievements and attacking Bhatia personally. Some users called for him to return to India and contribute, while others expressed support for his views. Bhatia's comments highlight a significant disparity in wealth and challenge the narrative of progress, prompting a conversation about the true state of India's economy.
8th Pay Commission: What's Next for Salaries?
8th Pay Commission: What's Next for Salaries?
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IDF Airstrikes Target Iran's Nuclear Sites
IDF Airstrikes Target Iran's Nuclear Sites
The Israel Defense Forces (IDF) recently conducted a major airstrike in Tehran, targeting key sites linked to Iran’s nuclear weapons program. The strikes aimed at critical locations, including the Iranian Ministry of Defense and nuclear project headquarters, to hinder Iran's nuclear advancements. This military action follows the cancellation of negotiations between Iran and the U.S. regarding Tehran’s nuclear ambitions, raising concerns about ongoing conflicts. The Iranian government has yet to respond to the IDF's claims, leaving the situation uncertain.
Mallya's Apology: A Glimpse into Kingfisher's Fall
Mallya's Apology: A Glimpse into Kingfisher's Fall
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Meta's Bold AI Move: Top Talent Acquisition
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Sundar Pichai on Google’s Future and AI
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Sundar Pichai, Google’s CEO of Indian origin, recently shared insights on the company's future and potential successors at a tech conference. He emphasized that the next CEO must prioritize the societal benefits of technology and hinted at the growing role of AI in leadership. Pichai also addressed concerns about AI replacing jobs, advocating instead for its ability to enhance productivity. Reflecting on his childhood in Chennai, he recounted struggles for basic resources, which shaped his belief in using technology to improve lives. His reflections highlight a commitment to technology's positive impact on society.
8th Pay Commission: What’s Next for Government Salaries?
8th Pay Commission: What’s Next for Government Salaries?
The Union Cabinet approved the 8th Pay Commission on January 16, aiming to revise the salaries of central government employees. Despite this approval, an official announcement is still pending. Currently, salaries are based on the 7th Pay Commission, effective since 2016. A fitment factor, which determines salary increases, was set at 2.57 for the 7th Pay Commission, leading to significant hikes. Reports suggest potential salary increases across various levels, with Group A officers possibly seeing salaries rise to ₹1,60,446. Employees eagerly await more details on the 8th Pay Commission.
Sabeer Bhatia's Bold Critique of India's Economy
Sabeer Bhatia's Bold Critique of India's Economy
Sabeer Bhatia, co-founder of Hotmail, criticized India's pride in its economic status, highlighting that over 415 million people live on just ₹265 a day. His remarks ignited a fierce debate on social media, with many defending India's achievements while others supported his stance. Bhatia emphasized the disparity between economic growth and the struggles of millions. His post raises an important discussion about the real state of the nation and the need for awareness about poverty amidst celebration.
Understanding Oil Markets Amid Middle East Tensions
Understanding Oil Markets Amid Middle East Tensions
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Weather Alert: Heavy Rains Expected Across India
Weather Alert: Heavy Rains Expected Across India
The India Meteorological Department (IMD) has lifted red alerts for Kerala and Tamil Nadu but warns of heavy rains on June 16 in Maharashtra, Goa, and Karnataka. An orange alert is in effect for several states, including Gujarat, Chhattisgarh, and Odisha, predicting extremely heavy rains in Coastal Karnataka. Light to moderate rain with thunderstorms is expected in Tamil Nadu and Puducherry, while wet spells will affect northern states like Haryana and Uttar Pradesh in the coming days. The monsoon is set to continue across various regions, ensuring a dynamic weather pattern.
Gold & Silver Prices Skyrocket: What You Need to Know
Gold & Silver Prices Skyrocket: What You Need to Know
Gold and silver prices have surged in India, driven by geopolitical tensions in the Middle East, with gold surpassing ₹1 lakh per 10 grams. Experts emphasize these metals as safe investments in volatile markets, highlighting a 31% rise in gold prices this year alone. Over the last two decades, gold has appreciated by an astounding 1,200%, while silver has risen by 668.84%. Prices for gold and silver remain high across major cities like Delhi, Mumbai, and Kolkata, making them reliable options for investors looking to safeguard their wealth.
Air India Plane Crash: 270 Bodies Recovered
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Yes Bank’s Rating Soars: Moody’s Upgrade Explained
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Nifty 50 Could Hit 28,000: Insightful Market Outlook
Nifty 50 Could Hit 28,000: Insightful Market Outlook
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