The rating agency estimates the Private asset reconstruction companies (ARC) assets under management (AUM) at Rs 1.2 to Rs 1.25 lakh crore by the current fiscal, a decline from Rs 1.35 lakh crore in the previous fiscal
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India’s exports to Saudi Arabia stood at USD 11.6 billion in the financial year 2024 as compared to imports worth USD 31.8 billion in the previous financial year
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S&P Global Ratings had earlier asserted that a shift in the tax landscape for mining companies would have a pass-on effect on steel and other industries, and ultimately on the Indian consumer
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The Reserve Bank of India (RBI) bulletin notes that the rural consumption spending on the back of rising incomes has driven volume growth in the FMCG sector
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India and Malaysia have strong historical and socio-cultural linkages
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The company, in a press release, stated that BondCase includes predefined bond themes such as high-yielding bonds, monthly income bonds, short-term bonds, PSU bonds, and bank bonds
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Domestic airlines' combined air passenger traffic from January to July 2024 stood at 923.35 lakh compared to 881.94 lakh during the same period last year, witnessing an annual growth of 4.70 per cen
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This is largely due to a combination of factors including heightened interest from global investors, improving liquidity conditions and lower hedging costs
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The central bank says treating food price spikes as merely temporary is increasingly untenable, particularly as these price pressures threaten to spill over into more generalised inflation
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Strike by India's port workers could exacerbate the existing congestion issues at Asian and European ports, leading to further delayed shipments, which have a global impact on trade and commerce
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