Between Narrative and Numbers Razorpay has, over the past decade, positioned itself as one of India’s most successful fintech platforms—riding the wave of digital payments, SME enablement, and API-led financial infrastructure. With investors including marquee global funds and a last reported valuation in the ~$7–8 billion range (2021–22), expectations around its eventual IPO valuation have steadily crept into the $10–15 billion territory in market conversations. At face value

India’s IPO market is undergoing a sharp reset. In FY 2024–25, most large IPOs were dominated by investor exits, with little capital flowing into the business—resulting in weak post-listing performance. The March 2026 pipeline signals a shift back to growth-focused listings, where fresh capital and alignment, not liquidity, will determine success.

Board Brief: India’s New Labour Codes Reshape Cost Structures, Compress Margins, Expand Social Security, and Demand Strategic Workforce Reconfiguration to Balance Compliance Efficiency with Long-Term Financial Sustainability

Censorship resistance is one of the most powerful philosophical pillars of cryptocurrency. At its core, the idea holds that no authority—state, corporation, or intermediary—should be able to block, reverse, or selectively permit transactions. Money, in this view, should be neutral infrastructure: as indifferent to identity, politics, or geography as the internet protocol itself. This principle animated early crypto communities and remains central to how decentralization is mo

True financial inclusion is slow, institutional, and often unglamorous. It requires legal identity, consumer protection, financial education, and integration with the real economy. Crypto can complement these efforts, but it cannot substitute for them. When promoters portray crypto as a standalone emancipatory tool, they conflate access with empowerment and technology with trust.

Finance bill 2026 and its tax proposals on stock market transactions Focus: Securities Transaction Tax (STT) and Taxation of Share Buybacks The Finance Bill 2026 introduces two targeted but high-impact tax changes affecting capital markets: an increase in Securities Transaction Tax (STT) on equity derivatives, and a shift in the tax treatment of corporate share buybacks. While narrow in scope, both measures have meaningful implications for market liquidity, investor behaviour