This move aims to simplify structures for better risk assessment and regulatory oversight. Groups with multiple NBFCs, especially those with overlapping businesses, are being advised to merge entities.
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Experts predict the Indian rupee will hover around 90 against the US dollar by the end of this year and 90.5 in 2026. Inflation is expected to rise to approximately 4% by mid-2026.
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Speaking at ETBFSI Converge Summit 2025, Ashishkumar Chauhan said India’s markets are now globally competitive in cost, efficiency and transparency, and will remain central to the country’s transition to a multi-trillion-dollar economy.
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The Indian rupee weakened today due to corporate dollar payments, overshadowing the Federal Reserve’s rate cut. Traders are watching for a potential trade deal with the U.S. and a significant Reserve Bank of India swap next week, which could influence…
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Global equities rallied after the US Federal Reserve’s 25-basis-point rate cut, though future moves remain uncertain due to a divided Fed stance. The central bank also announced a $40 billion monthly Treasury bill purchase to manage liquidity, boosting market sentiment.…
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was speaking at the inauguration of a two-day national conference on GST ending Wednesday. The event was organised by the GST and indirect tax committee of the Institute of Chartered Accountants of India (ICAI) in collaboration with the ICAI Pune…
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