Finance Minister Nirmala Sitharaman urged India Inc to increase investments and expand capacities, acknowledging the government’s delivery of industry-friendly policies. Tata Sons Chairman N Chandrasekaran recognized the significant opportunities created by the government, expressing confidence in increased investments from various…
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S&P Global anticipates significant private capital expenditure in India, projecting USD 800-850 billion over five years. Crisil notes private investment growth lags nominal GDP. Corporate firms prefer internal funding over bank loans. Banking sector credit growth is expected to rise.…
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Air conditioner companies in India are offering pre-booking discounts. This is due to the Goods and Services Tax rate reduction. The new rate will be effective from September 22. Companies like Blue Star and Haier are already taking pre-orders. Customers…
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Mumbai: The ₹19,000-crore Godrej Enterprises Group (GEG) has reorganised its 14 business verticals into three clusters—consumer-first, nation-first and future-first—aimed at driving scale, focus and agility, chairman Jamshyd Godrej said. The restructuring follows the formal division of the Godrej family business…
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Nomura projects India’s loan growth to rise to 12% YoY by FY26, driven by stabilising asset quality, RBI policy easing, liquidity support, and tax relief. Stronger growth is expected in unsecured retail loans, about 10% of system credit. While asset…
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Most of the big fintech firms like Paytm, PhonePe, and others have halted their rent payment offerings via credit cards. Per industry insiders, payment firms will have to work closely with large merchants to understand if their processes are in…
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