Leading FMCG firms are planning price increases and shrinkflation this quarter. Rising commodity costs and geopolitical issues are driving these necessary adjustments. Companies aim to protect profit margins while maintaining consumer demand and growth. Britannia and Dabur India are among…
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Large microfinance companies including Muthoot Microfin and Satin Creditcare have raised their growth forecasts as private banks, small finance banks and smaller MFIs scale back lending. Improving asset quality is also supporting expansion by larger, well-capitalised microfinance lenders.
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The government is considering raising the FDI approval threshold for proposals requiring CCEA clearance to Rs 15,000 crore from Rs 5,000 crore, in a move aimed at improving ease of doing business. It is also weighing easier downstream investment norms…
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The Enforcement Directorate filed chargesheets in two money-laundering cases. These cases involve Reliance Infrastructure Limited and Reliance Communications Limited. Former executives of the Reliance Anil Ambani Group are also named as accused. Funds were allegedly siphoned off through shell companies…
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As global investors crowd into AI-linked markets in South Korea and Taiwan, India is re-emerging as an anti-AI portfolio diversifier. Moderating long-only fund redemptions, $3.6 billion in recent foreign inflows, strong domestic SIP contributions, and potential $25 billion reallocation from…
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Several offshore banks are becoming reluctant to issue or renew international credit cards for wealthy resident Indians due to India’s 180-day rule on deploying overseas funds. The requirement is also creating difficulties for minors holding foreign accounts under the Liberalised…
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