Consumer staples companies experienced stable demand in the July to September quarter. However, the Goods and Services Tax transition and a prolonged monsoon season impacted overall performance. Packaged food players like Nestle and ITC showed good results. Personal care companies…
Read More
Fintech firm Groww’s upcoming IPO faces uncertainty due to potential Sebi regulations on F&O trading, a key revenue driver. While the company is diversifying into margin trading and wealth management, these newer segments are still small contributors. Analysts suggest regulatory…
Read More
Amid India’s tightening audit oversight, the National Financial Reporting Authority (NFRA) has issued a model Audit Strategy Memorandum (ASM) to raise audit planning standards. But can firms match regulatory expectations, strengthen scrutiny in banks and non-banking financial companies (NBFCs), and…
Read More
India’s export diversification strategy is yielding positive outcomes. Exports of cotton readymade garments are increasing to the UAE, France, and Japan. Marine products and certain gems and jewellery are also finding new markets. This shift helps cushion the impact of…
Read More
India is set to expedite approvals for importing goods from China and other nations, including electronics and steel, signaling a thaw in relations. This move aims to boost local supply and meet surging consumer demand, especially after recent GST cuts.…
Read More
Fresh rupee term deposit costs have risen for the first time in six months, signaling a potential bottoming out of deposit rates. This uptick, a four basis point increase to 5.60% in September, suggests tighter liquidity as credit growth accelerates…
Read More