The public sector bank’s chief executive, Ashwani Kumar, told ET that its loan portfolio performance behaviour is healthy on a year-on-year basis. The bank’s special mention accounts in the MSME portfolio having exposure of ₹1 crore and above reduced to…
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The India BRICS Business Summit in Hyderabad boosted India’s MSME sector. The BRICS Entrepreneurs Alliance (BEA) India aims for global MSME unification. The Hyderabad Declaration outlines growth strategies. India will host the BEA Global Summit in November 2026. Dr. Bhaskar…
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Sebi has fined Axis Trustee Services ₹10 lakh. The penalty is for not promptly disclosing a ruling against former REIT executive Aravind Maiya. The National Financial Reporting Authority found Maiya guilty of misconduct. This information was crucial for unitholders and…
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The proposal on the table suggests that foreign portfolio investors (FPIs) should have the autonomy to designate authorised signatories.
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Global consumer firms are seeing strong demand in India. Companies like Mondelez, Coca-Cola, Pernod Ricard, Reckitt Benckiser, and Carlsberg reported double-digit growth in the March quarter. This follows a period of volatility. Recent GST changes are now helping consumption. India…
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After two years of significant equity selling, Indian promoters have reversed course in 2026, investing over $4 billion into their companies as valuations normalise post-market correction. This shift, led by groups like Adani and GMR, signals renewed confidence in long-term…
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