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PhonePe IPO at $15 billion: Can the marquee valuation trigger a re-rating for its rival Paytm?

Economictimes.indiatimes.com 

PhonePe’s proposed IPO at a $13–15 billion valuation could become a landmark fintech listing in India and may trigger a valuation re-rating for Paytm, according to Macquarie. The company dominates the UPI ecosystem with about 45% market share, supported by over 657 million registered users and 47 million merchants, staying ahead of rivals like Google Pay and Paytm.

India’s next big power move is set to unfold in the Bay of Bengal

Economictimes.indiatimes.com 

India's ambitious Great Nicobar infrastructure project has received a green light. This mega project, centered around a new transshipment port, aims to boost India's role in global shipping. It will reduce reliance on foreign ports and strengthen India's strategic presence near vital sea lanes.