India’s FY27 growth is projected at 6.4 percent by the IMF. Strong private consumption and services activity support this economic expansion. Global growth forecasts for 2026 and 2027 have seen adjustments. The IMF raised India’s FY28 growth projection to 6.7…
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Axis Bank has seen three senior executives resign from their positions. These departures add to a significant reshuffling occurring within private sector lenders. Anil Agarwal and Vikas Shinde, long-serving executives, have left the bank. Jimmy Tavadia, group head of trading,…
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In a 56-page representation dated July 3, Zostel alleged that the draft red herring prospectus (DRHP) does not adequately capture the nature or potential commercial impact of the decade-old dispute between the two companies. It urged the market regulator to…
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The Indian equity markets kicked off on a positive note on Thursday with both benchmark indices starting the session with a gap-up opening. Sensex opened higher at 76,576.14 as against the previous close of 76,503.60 while Nifty opened at 23,928.95…
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India’s economy is anticipated to expand by 6.4 percent in fiscal year 2026-27, bolstered by strong private consumption and active service sectors. Although global growth is predicted to ease to 3.0 percent in 2026, domestic demand is set to drive…
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Sebi has announced a modification to its foreign investor registration fees, shifting to a rupee-based model effective in six months. This adjustment stipulates that Category-I FPIs and FVCIs will be required to pay Rs 2.3 lakh. Additionally, the common application…
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