The International Monetary Fund thinks India will grow faster than any other major economy. Domestic forecasters think wholesale inflation is about to cross 12%. Both can be true, and that combination is... Read more »
India’s largest consumer lender grew profit 29% and lifted its loan-growth outlook. But it also warned that higher borrowing costs will squeeze margins, and investors focused on that. Bajaj Finance Q2 results... Read more »
New curbs on currency speculation and direct dollar supply to oil companies gave the rupee its best rally in six months. But record foreign outflows and oil above $100 mean the pressure ... Read more »
Consumer prices rose 5.54% in September, faster than economists expected, as food inflation jumped. The numbers make a second rate increase in December more likely and put pressure on household budgets ahead... Read more »
Customers can heave a sigh of relief as the Reserve Bank of India RBI today issued directives aimed at ensuring greater choice and flexibility in the issuance of credit cards by card... Read more »
Mumbai : Asset Reconstruction Companies (ACRs) have called upon the banks to sell them bad loans in early stages so that the chances of recovery become brighter. With the bad loans becoming... Read more »
Dr. Hemangi Kelkar, Assistant Professor, School Of Economics, NMIMS-Navi Mumbai The RBI’s steps echo Mahatma Gandhi’s wisdom: “I am moving cautiously, watching myself atevery step.” But beneath this caution lies a fixed... Read more »
As the Indian government’s commitment to infrastructure development reaches unprecedented levels, the stock market is abuzz with excitement, offering investors lucrative opportunities in infrastructure stocks. India is on track to become the... Read more »
Domestic indices BSE Sensex and NSE Nifty fell around one percent on Thursday after they were dragged by selling banking and auto shares due to increased uncertainty in the timing of interest... Read more »
The Reserve Bank of India, on Thursday, decided to keep the policy repo rate unchanged at 6.5 percent. The six-member RBI’s monetary policy committee, in its last meeting of FY24, voted by... Read more »