The Reserve Bank of India’s new export relief package, extending realization windows and easing credit, may weaken the rupee by delaying dollar repatriation. Bankers warn this could reduce immediate foreign exchange supply as exporters gain flexibility to hold or stagger…
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Grant Thornton India is considering selling a minority stake or merging its operations. The company is in preliminary talks with potential investors. A valuation exceeding two billion dollars is sought for the Indian unit. This move aligns with India’s ambition…
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India’s telecom revenue growth slowed to 11% in Q2FY26 as tariff hike benefits wane. Industry leaders Reliance Jio and Bharti Airtel are now focusing on home broadband, data centers, and international tech sales to drive future expansion. Operators are also…
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India’s merchandise trade deficit widened to $41.68 billion in October. This figure surpassed economists’ predictions of $28.8 billion. The deficit was higher than the $32.15 billion recorded in the preceding month. Government data released on Monday revealed these trade figures.…
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Groww’s founder Lalit Keshre has joined the billionaire ranks with his stake valued at nearly Rs 9,400 crore, following the company’s impressive 68% share price surge post-IPO. Keshre emphasized the listing’s focus on trust and accountability, aiming to strengthen the…
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India’s capital markets are poised for significant growth. The unique investor base is projected to double in the next three to five years. This expansion will make Indian markets a top choice for household savings. Domestic investors now hold a…
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