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Water shortage detrimental to India's credit health, may spark social unrest: Moody's
Moody's Ratings on Tuesday said India's growing water shortage can disrupt farm and industry sector…
PTI
In the long run, rate cut by Fed will be favourable for most US banks: Moody's
"Initially, the rate cuts will be credit negative for most US banks. We expect their deposit costs …
ANI
SBI able to support loan growth, lower deposit growth not a challenge: Khara
Some experts have been opining that this is due to flow of savings into higher yielding capit…
PTI
Startups demand angel tax elimination, incentives on investments in upcoming budget
Startups in India have high expectations from this year's upcoming Union Budget. The early-age star…
ANI
RBI action on Kotak Mahindra Bank may restrain credit growth, profitability: S&P
Credit cards are a higher-yielding target growth segment for Kotak Mahindra Bank. This portfoli…
PTI
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
RBI expected to begin rate cuts in October, with two reductions this fiscal: Crisil
The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that ext…
ANI
Removed Angel Tax, taking policy measures to promote fintech sector: PM Modi
Lauding the fintechs for democratising financial services, Modi said the sector, which has attracte…
PTI
India's non-cash payments on e-commerce platforms surge to 58.1% in 2023
India has made rapid strides in terms of alternative payment share for e-commerce payments in the A…
ANI
Two entities upgraded for every downgrade in FY24, hospitality sector records 23 upgrades: ICRA
The fiscal year of FY24 continued the ‘upgrade momentum’ that was set into motion in FY22, said the…
Growth in India set to get more broad-based, says Morgan Stanley; pegged 6.8% for 2024
Growth in India, which already is strong and surging, may become more broad-based across both on th…
ANI
Dear Kangana, India is already among the most overworked and underpaid. “Obsessive work culture” is not a solution
In an Instagram story, Ranaut reacted to Modi’s first address after taking the oath in Delhi for hi…
Economic Survey shows India's energy needs to grow 2.5x, healthy growth in formal employment
Over the last decade, the manufacturing sector managed to mark an average annual growth rate of 5.2…
S&P ups India's outlook to positive, raises hope for rating upgrade in 2 years
In a statement on Wednesday, the US-based agency said India's rating can be upgraded in the nex…
PTI
Retail credit continues to boom, but delinquencies need better monitoring, says TransUnion CIBIL
India's retail credit market has continued to experience sustained growth in the second quarter o…
India poised to become world's third largest consumer market by 2026 outpacing Germany, Japan
According to recent data, India is expected to outpace Germany by 2024 and Japan by 2026, solidifyi…
ANI
Deloitte projects India's FY25 GDP growth at 6.6%
Deloitte India on Friday said it estimates India's GDP growth at 6.6 per cent in the current fiscal…
PTI
Bajaj Auto Q1FY25 results: Net profit, EBITDA, exports see a major jump, leadership change imminent
The company's sales also saw a 7% YoY jump from 11,02,056 units in the June quarter, compared to 10…
Modi 3.0 1st Budget: Tax relief for middle class, Rs 2 lakh cr job scheme
With rural distress and unemployment being blamed for BJP losing its majority, Sitharaman in her se…
PTI
RBI's vigilance: New consumer credit norms to bolster India's financial stability amidst surging loan growth
In a proactive move aimed at mitigating potential systemic risks associated with the rapid growth o…