India's retail inflation falls to 4-month low of 5.22 pc in Dec New Delhi, Jan 13: India's retail inflation rate, based on the Consumer Price Index, fell to a 4-month low of 5.22 per cent in December as prices of vegetables, pulses and sugar eased during the month...
Indian corporates headed for better credit metrics in 2025-26: Fitch Mumbai, Jan 13: The credit metrics of rated Indian corporates are expected to improve in the next financial year (April 2025-March 2026) driven by wider EBITDA (Earnings Before Interest, Taxes, Deprec...
Foreign capital inflows return in Dec, RBI's easing cycle likely to begin in Feb New Delhi, Jan 13: The conditions are turning favourable for rate cuts in India and the Reserve Bank of India's (RBI) easing cycle is likely to begin from February, according to a report on Monday....
NBFCs loan growth to decline to 17 pc in FY25 from 21 pc in FY24 - Jefferies Report New Delhi, January 13: The loan growth of Indian Non-Banking Financial Companies (NBFCs) and Housing Finance Companies (HFCs) (excluding IFCs) will moderate to 17 per cent in FY25, down from 21 per ce...
India's inflation likely to stabilize around 4.3-4.7 pc in FY26: Report New Delhi, January 13: Inflation in the country is likely to stabilize at an average of 4.3-4.7 per cent in the financial year 2025-26 (FY26), according to a report by PL Capital....
India's foreign exchange reserves on a decline for over 3 months New Delhi, January 12: India's foreign exchange reserves continue to decline, extending their slump for over three months now. India's forex reserves have slumped thirteen out of the past fourteen wee...
India's forex kitty at $634.59 billion, gold reserves rise by $824 million Mumbai, Jan 10: : India's foreign exchange reserves fell by $5.7 billion to $634.59 billion for the week ended January 3, data released by the Reserve Bank of India (RBI) on Friday showed....
India to continue as fastest-growing major economy globally: Report New Delhi, Jan 10: India will continue to stand out as the fastest-growing major economy globally in the coming years with growth momentum to improve in 2025 as government spending is picking up again...
RBI allows Asirvad, DMI Finance to resume lending operations Mumbai, Jan 8: The Reserve Bank has lifted its ban on the 'sanction and disbursal of loans' by Asirvad Micro Finance and DMI Finance Pvt Ltd, in a big relief to the two microfinance companies, accordi...
FPIs to remain cautious on India until clarity comes on Q3 FY25 earnings: Report Mumbai, January 8: Foreign portfolio investors (FPIs) are expected to adopt a cautious stance on Indian equities until there is clarity on the recovery in Q3 FY25 earnings and fair market valuations, ...
Govt pegs India's GDP growth at 6.4 pc for 2024-25; agriculture bounces back, services surge New Delhi, Jan 7: India's Gross Domestic Product (GDP) is projected to grow at 6.4 per cent in the financial year 2024-25 down from 8.2 per cent growth recorded in 2023-24, according to the first adva...
India's GDP to grow 6.4% in 2024-25 against 8.2% last fiscal, shows first government estimate New Delhi, January 7: The Indian economy, in real terms, is expected to grow by 6.4 per cent in 2024-25 as compared to the 8.2 per cent growth in 2023-24. It is 20 basis points less than RBI estimates...
RBI purchased another 8 tonnes of gold in Nov as safe-haven asset Mumbai, Jan 7: The Reserve Bank of India (RBI) bought another eight tonnes of gold in November 2024 as Central banks around the world continued their buying spree with a collective purchase of 53 tonn...
India becomes second largest buyer of gold after Poland in 2024: World Gold Council New Delhi, January 6: Global central banks remained active in the gold market in November 2024, collectively adding 53 tonnes of the precious metal to their reserves, according to the World Gold Counc...
India's forex reserves continue to fall, kitty now stands 10% below peak New Delhi, January 5: India's foreign exchange reserves continue to decline, extending downhill journey for three months now....