In the face of a dramatic decline in loan sanctions, NBFCs are knocking the doors of the RBI for permission to take deposits. #NBFCs #shadowbanks #RBI Read more »
India's GDP growth accelerated to 7.8% in the first quarter of 2023-24, but challenges like weak monsoon and elevated inflation could temper growth in the coming quarters. #GDP #Q1GDP #Indiaeconomy Read more »
LPG subsidies announced by the government may be well intentioned, but may not reach the deserving individuals. #LPG #LPGprices #subsidies #inflation Read more »
As China's property titan Evergrande faces distress, its repercussions send shockwaves through global markets. #evergrande #economy Read more »
Sugar industry leaders chart an ambitious course to significantly boost ethanol blending with petrol, paving the way for a greener and more self-reliant energy future. Read more »
As the spectre of a food price shock looms, the RBI prioritises vigilance and stability in its monetary policy approach. Read more »
Moody's Investors Service has highlighted some significant downside risks to economic growth while affirming India's sovereign credit rating at Baa3 with a stable outlook. #gdpgrowth #indianeconomy Read more »
Developing countries are attractive destinations for #FDI as they offer a number of advantages, including lower production costs, superior infrastructure, and investor-friendly policies. #fdi #fii #fpo #imf #unctad Read more »
As India witnesses a 50% surge in outward remittances, driven by factors such as the revised tax regulations and increased investments, the landscape of financial flows takes a new shape. #remittances #LRS... Read more »
MSMEs are the backbone of Indian economy, and they must embrace Industry 4.0 to stay competitive. #gdpgrowth #digitalinfrastructure Read more »