Microfinance borrowers’ repayment behavior may face challenges from inflation and reduced household cash, though the West Asia conflict hasn’t directly impacted the sector. New state legislations in Karnataka, Tamil Nadu, and Bihar are tightening oversight on lending practices. While Karnataka…
Read More
Indian stock markets saw a subdued trading session on Tuesday, with the Sensex and Nifty experiencing minor dips, primarily due to losses in IT stocks. Broader market indices, however, showed resilience. Analysts point to improving West Asian peace prospects and…
Read More
As corporate failures from Rajesh Exports to IL&FS expose recurring governance breakdowns, are India’s boards, CFOs, auditors and audit committees truly fulfilling their fiduciary responsibilities? Ashok Haldia, former Secretary of ICAI, examines why financial governance remains the weakest link in…
Read More
Discretionary spending is witnessing a notable resurgence, particularly in the apparel and white goods sectors, which have both seen impressive double-digit sales growth this fiscal year, thanks in part to a sweltering summer. Nevertheless, businesses are exercising caution, citing worries…
Read More
In a significant career move, Kunal Shah, founder of CRED, is resigning from his operational responsibilities to steer WhatsApp globally at Meta. Miten Sampat will serve as the interim CEO, guiding CRED’s promising growth trajectory towards profitability. Shah remains a…
Read More
Hospitality sector occupancy is projected at 66-68% for early FY27, rising to 72-74% for the full year, according to ICRA. However, prolonged West Asia conflict could impact these figures, particularly business travel. Despite geopolitical concerns, hotel chains are reporting robust…
Read More