India’s first alternate credit rating system launched by CASHe

According to recent industry reports, 156 mn. of Indians who comprise the ‘urban mass’ and urban middle’ section representing an annual income of USD 3000 and above have the... Read more »

US dollar trades mixed amid economic data

The US dollar index traded mixed against other major currencies as investors digested a batch of economic data. In late New York trading on Tuesday, the euro fell to... Read more »

Equity markets open on high note

The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade. The Sensex of the BSE after opening at high of... Read more »

IRB Infra posts Q1 Net Profit of Rs. 250 Crs; up 5% YoY Declares Interim Dividend of Rs. 2.50 per share

RB Infrastructure Developers Ltd. (IRB); India’s leading and one of the largest integrated highways infrastructure developers, has posted Net Profit of Rs. 250 Crs; thus, registering growth of 5%,... Read more »

CREDAI to host 18th NATCON – ‘Break The Stereotypes’ at Berlin

CREDAI (Confederation of Real Estate Developers’ Associations of India), the apex body of private Real Estate developers in India, is holding its 18th edition of NATCON – the annual international convention, from 2-4 August,... Read more »

Anti-dumping Duty on Chinese High Tenacity Polyester Fibre to Improve Competitiveness of Domestic Firms

India Ratings and Research (Ind-Ra) expects the imposition of an anti-dumping duty on high tenacity Chinese polyester fibres to benefit domestic manufactures. The duty will smear away any import... Read more »

Dun & Bradstreet India honours the torchbearers of the PSU sector

Dun & Bradstreet (D&B), the world’s leading provider of global business information, on Wednesday recognized the PSUs who are the front-runners in their respective sectors through the PSU Awards... Read more »

GST rationalisation to strengthen demand for consumer discretionary

Acuite believes that the reduction of GST on over 50 items, largely consumer durables will boost consumption in the economy and is likely to have a positive impact on... Read more »

Non-PCA PSBs to retain market share in advances; deposit franchise continues to remain strong for PSBs

The advances market share of non-Prompt Corrective Action (non-PCA) Public Sector Banks (PSBs) are expected to be maintained at 50-51% in advances while private sector banks (PVBs) market share... Read more »

Sensex sets new closing high

After touching a fresh all-time high – of 36, 902.06 points – earlier in the day, the benchmark BSE Sensex settled at a record closing level of 36,825.10 points... Read more »