This agreement features a reduction in US tariffs on various Indian imports, easing the burden on exporters. Nonetheless, challenges linger, particularly around India’s ongoing crude oil purchases from Russia and future commitments from the US.
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Investment giant KKR sees immense potential in India, committing billions to its growing economy. Cofounder Henry Kravis highlights the increasing quality of Indian companies and the firm’s expanding strategies, particularly in private credit. He emphasizes the critical need for better…
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Non-banking finance companies (NBFC) can now factor in DLGs when setting aside buffers for potential loan losses, provided the guarantee forms an integral part of the loan arrangement, the RBI said last week.
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Religare Enterprises Ltd (REL), backed by the Burman family, has approved a plan to split its financial services and insurance businesses into two separate listed companies. REL will retain its stake in Care Health Insurance Ltd, while the financial services…
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US-based semiconductor firm KLA has signed an MoU with the Tamil Nadu government to invest $400 million (about ₹3,600 crore) to set up a global R&D and innovation campus in Chennai.
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IndiGo is launching a major recruitment drive for over 1,000 pilots. This comes after significant flight cancellations due to crew shortages following new pilot rest rules. The airline is actively building a pilot pipeline to support its aircraft expansion. IndiGo…
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