Business activity at 9-month low in Sept as demand eases
India’s private sector economy hit a nine-month low in September due to slower manufacturing and services activity, despite a rise…
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China reduces 1-year policy rate by record amount in stimulus drive
China’s Central Bank slashed the interest rate on its one-year policy loans by the most on record, beginning a sweeping…
Credit card delinquencies rise even as retail credit growth moderates
Balance-level delinquencies in credit card segment stood at 1.8% in Q1FY25 – highest among all other credit divisions. Balance-level delinquencies…
Digital lenders’ loan disbursals rise 27% in first quarter: Report
The report, which tracks digital loans for the June quarter, highlights disbursement trends from 33 FACE members. Loans disbursed by…
Bridging India’s manufacturing gap
It may be recalled India’s Ease of Doing Business ranking had improved from 143 in 63 in 2014 to 2020….
Banks to push for change in IBC rules amid fears of promoters gaming the system
Banks are urging changes to insolvency regulations to prevent promoters from manipulating their companies’ size to qualify as MSMEs and…
Amid rising imports, domestic steel firms cut prices to protect market share
The hot-rolled coil prices dipped to their lowest in the last four years to ₹47,100 per ton this month. Indian steel makers…
World wants to Make in India and 4D advantage ensures a smooth ride
India marked 10 years of Prime Minister Narendra Modi’s ‘Make in India’ initiative, which has revitalized the industrial sector, attracted…
Amitabh Chaudhry launches charm offensive at Axis Bank and employees are buying it
Axis Bank, the country’s third-largest private lender, was hit with a Rs 1.9 crores (US$229,000) penalty from the Reserve Bank…
Schengen Visa Made Easy: Top 5 Countries for Indian Applicants in 2024
Planning to study or work in Europe? The good news is, obtaining a Schengen Visa has become more accessible for…