The mission was part of budget announcements but has gathered urgency in the wake of the possible adverse impact of US tariffs on India’s exports. The commerce department has already prepared a blueprint, which focuses on expanding the number of…
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Mahindra & Mahindra’s NBFC arm, Mahindra Finance, prioritizes asset quality while strategically expanding its business. The company has focused on strengthening controls and leveraging technology and data analytics to improve its risk profile. Despite increasing competition, Mahindra Finance remains a…
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A Reserve Bank of India panel suggests a plan for Artificial Intelligence in finance. The proposal includes building local AI models and a risk assessment group. It also suggests a fund to boost Indian AI development. The aim is to…
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India’s economy is bracing for impact as the US prepares to double tariffs on Indian exports in retaliation for continued Russian oil imports. CreditSights anticipates a manageable but noticeable hit, with GDP growth potentially slowing and key sectors like textiles…
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IKEA anticipates significant growth in India over the next three decades. This is due to India’s strong economy and young population. The company plans to increase local sourcing to 50 per cent by 2030. IKEA is expanding its presence with…
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India’s housing market demonstrates robust growth, securing 15th position globally with a 7.7% nominal price increase in Q1 2025. Strong domestic demand, rising incomes, and investor confidence fuel this positive momentum. Experts anticipate continued resilience throughout 2025, driven by economic…
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