The Reserve Bank of India has identified growing concerns within the booming private credit market. The central bank’s latest report highlights an uptick in defaults and investor redemption requests, signaling emerging stress. While not currently a systemic threat, the RBI…
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DBS Bank says the global AI arms race is driving a multi-year capex supercycle extending beyond semiconductors into energy, networking, infrastructure and data centres. The bank expects AI spending, sovereign AI investments and rising power demand to create new investment…
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India has adjusted its export duties on petroleum products, reducing levies on diesel and aviation fuel as global oil prices decline. The duty on diesel exports is now 8.5 rupees per litre, and aviation fuel is 7.5 rupees per litre.…
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Indian banks witnessed a significant surge in credit to industries, with a robust 17.5% annual growth in May. This expansion was fueled by accelerated lending to large corporations and sustained healthy growth in the MSE sector. Advances to agriculture and…
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India’s GST collections for FY2025-26 reached ₹22.27 lakh crore, a slight 0.8% rise, driven by an 11.7% surge in import-related taxes. Domestic collections saw a 2.6% dip. Maharashtra led state contributions with over ₹3.61 lakh crore. The composition of GST…
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Digital lender Fibe, backed by TPG, has filed for an Indian IPO, aiming to raise up to 7.5 billion rupees to expand lending to middle-income consumers. The company reported a significant jump in revenue and profit for fiscal 2026. Existing…
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