India may see a small rate cut in February as food prices fall. Global markets dipped after the US Federal Reserve cut rates but hinted at fewer cuts ahead. This impacts Indian markets. Experts are watching how company earnings and…
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This year was dominated by elections. In the New Year, we will see the impact of elections. Elections, even won in thumping majority, have their own impact. Look at Maharashtra, it has taken so long to allocate the ministries, and…
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Indian companies ramped up overseas borrowings in 2024, exceeding $32 billion by October, surpassing the total for 2023. Non-bank finance companies led the charge, borrowing over $16 billion, primarily for on-lending. High US interest rates didn’t deter borrowing, with many…
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India’s electric vehicle sector is set for massive growth. The market is projected to reach ₹20 lakh crore by 2030. This growth could generate 5 crore jobs. The EV financing market is estimated to reach ₹4 lakh crore. Minister Nitin…
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The government drafted a bill to combat illegal lending. The bill proposes a 10-year jail term and a ₹1 crore penalty for violators. An online database of approved lenders will be created. The database will help identify illegal lenders. The…
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The Income Tax Department is investigating around 20 wedding planners in Jaipur for suspected tax evasion of approximately ₹7500 crore. The investigation focuses on cash transactions and the use of mule accounts and fake bills. Scrutiny may extend to foreign…
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