The Reserve Bank of India (RBI) is expected to lower policy rates by 25 basis points each in the upcoming Monetary Policy Committee (MPC) meetings in October and December, taking the terminal policy rate to 5 per cent, according to…
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Mid-sized private banks with higher exposure to microfinance and unsecured retail loans have faced the steepest earnings cuts, with some seeing declines of 40-95% over the past year.
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Alphabet’s shares surged, propelling it into the $3 trillion market-cap club alongside tech giants like Apple and Microsoft. This milestone was fueled by easing regulatory concerns, strong cloud demand, and growing AI enthusiasm. The company’s diversified business and expanding role…
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Reliance Group companies, led by billionaire Mukesh Ambani, have successfully raised approximately 210 billion rupees through asset-backed securities. This deal, one of India’s largest this year, saw strong demand from leading asset managers like Aditya Birla Sun Life and HDFC…
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Industry and consumers anticipate a consumption boost from GST rate rationalization, yet concerns linger about benefit transfer to consumers, especially with the anti-profiteering mechanism’s expiration. Companies face challenges in calculating the actual impact and dealing with existing stock. While some…
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The European Union is considering sanctions on Indian and Chinese companies facilitating Russia’s oil trade as part of its 19th sanctions package. The US is pushing for tariffs on China and India, aiming to cripple Russia’s energy revenue. Overcoming resistance…
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