Fitch Ratings has maintained India’s GDP forecast for FY26 at 6.5%, with anticipated growth driven by increased consumer spending and government expenditure. Business confidence remains strong, and inflation is expected to decline to 4% by the end of December. The…
Read More
The finance ministry has informed the Parliament about the risks households face when shifting deposits from banks to market-linked products in search of higher returns. The committee also discussed liquidity concerns, FDI in insurance, grievance redressal, and the activation of…
Read More
A parliamentary panel has urged the revenue department to form an expert panel to tackle the issue of 621,000 pending tax appeals, involving ₹29.79 lakh crore. The panel emphasized addressing manpower shortages and enhancing the data segregation of Personal Income…
Read More
The brokerage’s shares will trade on domestic bourses for the last time on Friday. As part of the scheme of arrangement, ICICI Bank will issue 67 shares for every 100 equity shares of ICICI Securities held by shareholders.
Read More
Amid growing concerns over IndusInd Bank’s derivatives portfolio discrepancies, NFRA and ICAI are at odds over regulatory jurisdiction. While ICAI’s president stated last week that they may review the bank’s financial statements suo motu, a senior official told ETCFO that…
Read More
In alignment with Chairman Gautam Adani’s social philosophy, the Adani Group on Wednesday launched a nationwide initiative to strengthen India’s workforce by introducing the country’s largest ‘Skill and Employ’ programme in support of the ‘Make in India’ campaign.
Read More