RBI Dispensation for MSMEs Could Improve Credit Flow to Segment, but Credit Culture Could Suffer: India Ratings and Research

India Ratings and Research (Ind-Ra) opines that the Reserve Bank of India’s (RBI) restructuring scheme for MSMEs could provide some respite to banks and non-banking financial institutions (NBFCs) on non-performing asset recognition... Read more »

‘E-waste Hum Le Jayenge’ campaign launched to address India’s e-waste crisis

In an endeavour to address the e-waste crisis in the country, International Finance Corporation (a member of the World Bank Group) and Karo Sambhav, a tech-enabled Producer Responsibility Organization (PRO) launched a... Read more »

ICRA maintains stable year-end outlook for Construction sector

The order inflow for construction sector has been robust over the last few years, supported largely by increased Government spending towards infrastructure. As a result, the order-book position of most of the... Read more »
Sensex, Nifty climb 18.5 % & 19.8 % in June Qtr, log best gains in 11 years

Sensex, Nifty open flat; financials in red

Key Indian equity indices opened flat on Tuesday as index pivotals — finance and banking stocks — witnessed selling pressure. However, oil and gas sector gained. The S&P BSE Sensex opened at 36,161.80... Read more »

Fuel prices down 30 paise, petrol at new 2018 low

Domestic fuel prices fell around 30 paise on Saturday as the cost of petrol touched fresh low levels for 2018 across the four metros. In the national capital, petrol price was at... Read more »

Gold jewellery demand growth projected at 6%-7%: ICRA

Despite subdued demand for gold jewellery during the current fiscal, the outlook for the retail industry of jewellery made of the yellow metal remained positive, and over the medium to long term... Read more »

Debt Waiver to Slow Down State Capex: India Ratings & Research

India Ratings and Research (Ind-Ra) believes that the farm loan waivers that have been announced by a number of states recently will adversely impact the combined state government capex spending. State government... Read more »

The Senator Group makes its presence India

The Senator Group, one of the world’s largest and most established British designer and manufacturer of furniture for commercial and public spaces, has launched two of its top, premium and high quality... Read more »

Rabi cloud over farm-linked sectors: CRISIL Research Impact Note

Sowing as of December which accounts for ~81% of the total sowing in rabi season, was down 5.25% on-year to 476 lakh hectare compared with 502.5 lakh hectare in the previous rabi... Read more »

E-Commerce Share In FMCG Retail Sales Trippled Over Last 2 Years

Global online grocery purchasing is up 15% in the last two years, leading to an estimated US$70B additional sales in online FMCG, according to a new report by global measurement company, Nielsen.... Read more »