In its credit opinion report on India, Moody’s said prolonged disruptions, particularly LPG shipments due to the conflict, would lead to near-term household shortages, higher fuel and transport costs, and spillovers to food inflation through India’s reliance on imported fertilisers.
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CII noted that the recent actions reflect a high degree of policy responsiveness and coordination across fiscal, administrative and monetary domains.
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Companies said organised trade channels-including modern retail, e-commerce and quick commerce-sustained growth momentum during the quarter, alongside a gradual recovery in general trade. AWL Agri Business reported 43% growth in organised channel sales in the March quarter from the year…
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India’s apex audit regulator, NFRA, has sounded a strong warning over audit quality, flagging gaps in the application of Ind AS 37 and highlighting weak auditor engagement with audit committees on high risk areas such as provisions, contingent liabilities and…
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Robin Banerjee, a seasoned finance veteran, outlines the government’s proposed ‘Corporate Mitra’ scheme as a transformative step to strengthen India’s MSME ecosystem. Envisioned as a bridge between professional expertise and small businesses in emerging cities, the initiative aims to boost…
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The members would also visit factories in China to evaluate plant operations and examine possibilities for deepening localisation of components, the people said. This would include a visit to the BYD car plant.
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