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India Inc. stares at an earnings dearth in Q2, FMCG, auto, and consumer durables falter
Indian companies, particularly in consumer-focused sectors, faced a challenging second quarter due …
Indians credit card spending increases 19% YoY to Rs 1.7 trillion in July 2024
According to a report released by SBI Securities, the total expenditure by credit card users across…
ANI
Household consumption to surge in Q2 as inflation eases, rural demand revives
Rural areas are witnessing a revival in demand, with increased purchases of fast-moving consumer go…
ANI
78 pc of consumers choose digital banking over cash transactions
Nearly 80 per cent of financial institutions have seen an increase in cashless transactions over th…
ANI
Rural demand, government spending to drive growth in the second half of FY25
Rural demand and government spending will be key drivers of India's economic growth in the second h…
Retail inflation expected to breach 6% mark in October, says UBI Report
The continued spurt in food prices and fading of the high base effect likely led to a spike in Octo…
Why 1 in 2 Indians reject bank applications: FICO survey insights
Why 1 in 2 Indians reject bank applications: FICO survey insights
SBI economists see Q2 GDP growth slowing down to 6.5%; FY25 growth to be closer to 7%
Economists at SBI predict a dip in India's GDP growth to 6.5% for the September quarter, citing pre…
SBI report says inflation will remain around 5 per cent this fiscal
Recent data indicates that the Consumer Price Index (CPI) inflation rose to 5.08 per cent in June 2…
ANI
Consumer goods, auto and healthcare sector to expand but energy may face challenge in 2025: Report
Geopolitical tensions will challenge the energy sector through 2025, but investments in renewable e…
ANI
Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…
Bank stocks soar after Donald Trump's election victory
Shares of the biggest US lenders soared Wednesday after the election, as markets eye looser regulat…
Jennifer Sor
Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…
US economic growth came in slightly under expectations but consumer spending remains strong
While third-quarter GDP came in at 2.8% compared to 3% expectations, 2024 continues to be a strong …
Madison Hoff
Rupee falls 1 paisa to all-time low of 84.40 against US dollar in early trade
The Indian Rupee hit a new all-time low against the US dollar, reaching 84.40 due to foreign fund o…
PTI
Stock market closing: Sensex closes above 80,000, auto, pharma and realty indices rally
Maruti (up by 6.52%), Divis Labs (up by 2.37%), Mahindra and Mahindra (up by 2.23%), Titan (up by 1…
Shaktikanta Das receives award for A+ grade in Central Bank Report Cards 2024 in USA
The Central Bank Report Cards, published annually by Global Finance since 1994, grade the central b…
Indian markets under pressure as global rate cuts stir uncertainty, new report says
Indian markets experienced volatility as global economic shifts and political developments impacted…
India likely to grow at 7.2% in FY25, says RBI deputy governor
India's rising working-age population and digital advancements are pivotal in this growth.
PTI
Wall Street is bullish on Amazon earnings despite uncertainty around consumer spending, rising investment costs
Wall Street analysts are mostly bullish heading into Amazon's earnings report. AWS is a bright spot…