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2 mins read

Adani Group to commission first phase of $4 billion PVC petrochemical project by Dec 2026

Polyvinyl chloride (PVC) — the third-most common synthetic plastic polymer made worldwide — is used…

PTI   


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3 mins read

RBI's MPC 'decisively' in a rate-pause mode as inflation cools down

The Reserve Bank of India’s Monetary Policy Committee (MPC) sprung a surprise by pausing rate hikes…

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3 mins read

India's labour market undergoing structural transformation, latest survey data misinterpreted: SBI Research

India's labour market is undergoing a deep structural transformation with self-entrepreneurship acr…

ANI   


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5 mins read

Inflation expected to cool down but economists expect another rate hike after January shocker

Economists expect inflation to cool down and drop to 5% by April this year, comfortably below the u…

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3 mins read

With food inflation looming large, ‘shallow rate’ cuts expected only in Q3 FY25

The ongoing heatwave conditions, and projections of a harsher summer, are likely to impact India’s …

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1 min read

India, UAE in talks for rupee-dirham denominated bilateral trade

India and UAE are in talks for a Rupee-Dirham-denominated bilateral trade.

ANI   


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Domestic GDP growth on firm footing, growth slightly revised upwards: SBI study

Country's largest commercial lender State Bank of India (SBI) said that domestic GDP growth is now …

PTI   


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3 mins read

RBI hikes GDP growth projection for FY24 to 7.3%, keeps rates, stance unchanged

The Reserve Bank of India (RBI)’s rate setting panel – the Monetary Policy Committee – has decided …

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1 min read

RK Swamy's ₹423-crore IPO to open on March 4, price band fixed at ₹270-288/sh

Integrated marketing services firm RK Swamy Ltd on Wednesday fixed a price band of Rs 270-288 per s…

PTI   


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3 mins read

Sensex scales 76,000 peak, Nifty hits new high before closing lower; IndusInd, L&T, SBI biggest gainers

Sensex scaled the 76,000 level for the first time while Nifty hit a new lifetime peak before closin…

PTI   


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Consumers in retail verticals may front load their purchases in niche areas due to rate hikes: SBI Research

Personal loans segment continued to perform well, registering an acceleration in growth to 14.7 per…

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3 mins read

RBI's Monetary Policy Committee meeting starts amid expectations of lower rate hike

RBI Governor Shaktikanta Das-headed Monetary Policy Committee (MPC) started its three-day meeting o…

PTI   


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Investors' wealth erodes by ₹8.50 lakh crore as markets tumble

Equity investors became poorer by Rs 8.50 lakh crore on Tuesday as markets came under a bear attack…

PTI   


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India Inc’s credit quality continues to shine in FY23: Slowdown concerns could impact IT, textile sectors, says ICRA

Corporate India’s credit quality has continued to rebound in FY23, sustaining the previous year’s m…

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3 mins read

RBI’s MPC could pause rate hikes in April to gauge the impact of hikes so far: SBI Research

The Reserve Bank of India’s Monetary Policy Committee (MPC) could decide to pause rate hikes when i…

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1 min read

Rupee gains 16 paise to 81.54 against US dollar

On Thursday, the rupee appreciated by 23 paise to close at 81.70 against the US dollar. Fo…

PTI   


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3 mins read

India’s gross savings and investments edge higher in FY22 despite inflation, says SBI Research report

India’s gross savings and investments are edging higher despite elevated inflation eating into the …

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3 mins read

MSME sector is on a strong growth trajectory post the pandemic: SBI Research

MSMEs have shown resilience to bounce back from the pandemic-induced slowdown, with credit growth t…

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For every rupee depreciation, software exports increase by $250 mn: SBI Chief Economic Advisor

India's software export revenue and remittances act as a strong counter cyclical buffer against inc…

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3 mins read

Borrowers with multiple personal loans a big risk to profitability of banks and NBFCs

Raging inflation is not just burning a hole in the pockets of consumers. It is also impairing the a…