Shares of Bajaj Finance and Bajaj Housing Finance surged up to 7% on GST cut hopes and India’s sovereign credit rating upgrade. Lower consumer durables taxes and reduced borrowing costs are expected to boost lending, supporting broader financial sector gains…
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Leading paint manufacturers faced challenges in the June quarter due to the early monsoon and increased market competition. Despite this, companies like Asian Paints and Berger Paints saw sequential improvement, particularly in urban areas, aided by price increases. Paint makers…
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Amid the ongoing allegations of ‘vote theft,’ opposition parties are likely to bring an impeachment motion in the monsoon session of Parliament against Chief Election Commissioner (CEC) Gyanesh Kumar, sources said.
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After delays, UPI credit lines may gain traction as banks explore offering small loans to new customers via UPI apps. Banks like ICICI and Karnataka Bank are considering scaling up the product through platforms like PhonePe and Paytm. Clarifications from…
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India’s sovereign rating upgrade is poised to boost foreign investor confidence in its debt market, potentially leading to global debt index inclusion and attracting long-term institutional investors. Increased overseas participation in government securities and high-grade corporate bonds is expected to…
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Kotak International has secured a license from the UAE to offer investment funds to onshore retail investors, becoming the first Indian firm to achieve this milestone. This move allows Kotak to directly target retail clients with India-focused funds, with a…
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