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1 min read

Outlook for bank credit offtake remains positive in 2024: CareEdge Ratings

Outlook for bank credit offtake remains positive in 2024 while deposit growth is expected to improv…

PTI   


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1 min read

India's sovereign ratings by global agencies utterly absurd: Sanjeev Sanyal

India should be rated at least one or two grades higher than what it is at present by global ratin…

PTI   


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3 mins read

Deposit rates rise faster than lending rates in March 2023: CareEdge

In March 2023, both lending and deposit rates rose, but the rate of increase was faster for the dep…

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2 mins read

Creditors take a haircut of 70% in insolvency cases: CareEdge report

The CareEdge report has found that the cumulative recovery rate has been on a downtrend, decreasing…

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1 min read

Securitisation of retail assets jumps 113% on higher credit offtake

Retail assets securitisation volumes witnessed a sharp rise of 113% year-on-year to Rs 33,000 crore…

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3 mins read

India's retail inflation eases further in May; here's what experts say

Annual retail inflation in May was at a 12-month low of 4.75 per cent, marginally down from 4.83 pe…

ANI   


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3 mins read

India's retail inflation eases marginally in April; here's what experts have to say

India's retail inflation eased to 4.83 per cent in April, down from 4.85 per cent in March. However…

ANI   


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3 mins read

RBI likely to maintain status quo after food inflation keeps Feb print high, say experts

In February, retail inflation came in on expected lines at 5.09%. However, high vegetable inflation…

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3 mins read

Diamond demand heads for a hard landing with ‘temporary disruption’ at play

Diamonds are forever, they say, but the love for bling is waning in different ways. Not only is dem…

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4 mins read

It’s official – Monsoon is deficient & India stares at pricier pulses, cereals

It’s raining bad news for those hoping that India’s inflation will come down. After many crests and…

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3 mins read

Inflation to inch higher still? Incessant rains will add to woes, warn economists

India’s retail inflation is at a three-month high in June at 4.8%, but it may not have reached its …

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4 mins read

India auto sales seen rising 7-9% in FY24: Passenger & commercial vehicles to drive demand

The Indian auto industry is expected to register a sales volume growth between 7-9% in FY24, buildi…

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3 mins read

RBI’s MPC maintains status quo, keeps repo rate unchanged

The Reserve Bank of India’s (RBI) rate setting panel kept the policy repo rate unchanged at 6.5% on…

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3 mins read

Coal production hits a new milestone in H1 FY23, coal despatch to power sector rises 17%

Coal production hit a new milestone of 382 MT in H1 FY23, increasing from 315.7 MT in the same peri…

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4 mins read

Indian banks’ decade-best metrics and subdued valuations make them a compelling buy: Bernstein

Indian banks just reported a stellar December quarter driven by healthy growth in margins, loans an…

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3 mins read

Indian banks’ dream run could soon be over as deposit rates start catching up to lending rates

The dream run of Indian banks could soon be over as rates on fresh deposits are starting to catch u…

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5 mins read

Indian pharma to recover from pricing pressures in the second half of FY23

$NIFTYPHARMA.NSE - To be kept in radar Initial signs of change of trend in Pharma Sector is seen..…

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3 mins read

India's services sector growth climbs to near 13-year high in April: PMI

India's services sector growth accelerated in April, as strong demand conditions resulted in the fa…

PTI   


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3 mins read

Wholesale inflation turns negative in April, after retail inflation eases to 18-month low

Wholesale inflation in India based on the Wholesale Price Index turned negative in April at (-) 0.9…

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4 mins read

Inflation is making Indian companies borrow more – that's bad news when interest rates are high

The interest rates were increased for the first time since 2018, ending an era of low interest r…