Japanese automaker Nissan, despite divesting its stake in its Indian manufacturing plant to partner Renault, plans to invest €700 million over two years to launch multiple new products. Nissan aims to nearly triple its sales to 100,000 units annually by…
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Under the new RBI guidelines, regulated entities such as NBFCs are prohibited from entering into default loss guarantee (DLG) arrangements for loans backed by credit guarantee schemes.
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The move is aimed at enabling local entities to gain scale, in sync with the Centre’s vision of creating large home-grown accounting firms, he told ET. The framework would require local firms that are already affiliated with global accounting entities…
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The regulator’s order sheds light on the timeline of events, internal communications, and trading activity under scrutiny.
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Peter McGuire anticipates continued US dollar weakness, benefiting the euro, yen, and pound. He expects bond yields to rise around 4.47% while closely monitoring Fed rate policy and tariff negotiations. McGuire maintains a long position on gold, targeting $3600-3700 in…
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HDFC Bank faces scrutiny in the UAE over the alleged mis-selling of Credit Suisse bonds. A regulator is examining potential breaches of licensing conditions related to how HDFC conducted business across different jurisdictions, specifically between its UAE, DIFC, and Bahrain…
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