India and the Southern African Customs Union have commenced discussions by signing Terms of Reference for a trade agreement. Expected to finalize within a few months, this preferential trade pact is designed to enhance bilateral trade significantly. India plays a…
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The Reserve Bank of India has proposed new lending rate guidelines. Regulated entities must declare lending rates monthly and reset floating loans quarterly. Total charges for microfinance and small loans will be capped by the regulator. These new norms aim…
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Women occupy a mere 22 Chief Financial Officer roles among the top 500 publicly listed companies in India, which equates to only 4.4% of these significant financial leadership positions. At the Chief Executive Officer level, representation is even more dismal…
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Tata Group is facing a leadership and strategy reset after N Chandrasekaran’s decision to step down as Tata Sons chairman, putting the conglomerate’s planned $120 billion investment programme under scrutiny.
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State Bank of India priced a USD 500 million bond at a 5.25 percent coupon rate. This offshore debt capital market transaction was executed through its London branch. The bond issue received an overwhelming response from institutional investors globally. Investors…
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Bank deposits saw their fastest growth in nearly ten years by July. Overseas Indians deposited about $37 billion in foreign currency accounts. Bank credit growth also accelerated to its fastest pace since June 2024. This surge was driven by corporate…
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