Increasing global uncertainties may impact demand, India’s exports: FIEO
The escalating geopolitical tension may have implications for the country’s exports in the first quarter of 2024-25 as it is likely to impact global demand, apex exporters body FIEO said. The global uncertainties caused by continuing war between Russia and Ukraine has impacted India’s outbound shipments in 2023-24, which recorded a...
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India Inc revenue growth weakest since September 2021: Crisil Report
30 April 2024 | PTI -
BSE shares tank nearly 19 per cent
30 April 2024 | PTI -
RCAP lenders urge Hinduja Group arm to stick to resolution plan deadline
30 April 2024 | PTI -
Sebi comes out with new directive on regulatory fee for BSE; stock tanks 19 pc
29 April 2024 | PTI -
ICICI Bank shares climb over 2 pc after Q4 earnings
29 April 2024 | PTI -
ITPCL debt restructuring: NCLAT rejects SBI objection on liquidation value provided by PNB
29 April 2024 | PTI -
CII launches corporate governance charter for startups
29 April 2024 | PTI
Indian startup to develop electric air taxi prototype by March 2025
Chennai-based startup The ePlane Company expects to develop a certifiable prototype of a flying electric taxi by March next year as it works on ways to alleviate urban congestion. Incubated out of the Indian Institute of Technology (IIT), Madras, the company also aims to initially commercialise its drones that can carry...
Boult IPO likely next year: Co founder Varun
Indian consumer tech brand Boult plans to go public next year, with a revenue benchmark of Rs 1,000 crore in FY25, as it expands into international markets and new categories, according to its co-founder Varun Gupta. In an exclusive interview with PTI, Gupta spoke in detail about his vision to make...
Need to be watchful about steel imports, says TV Narendran
As steel imports continue to surge, Tata Steel CEO T V Narendran has said there is a need to be watchful about the situation. The comment comes at a time when India has reported a 38 per cent surge in steel imports to 8.319 million tonnes, becoming a net importer of...
Banks may have to slowdown loan growth in FY25: S&P
Indian banks’ credit growth, profitability and asset quality would remain robust in current fiscal reflecting strong economic growth, but they may be compelled to slow down their loan growth as deposits are not growing at a similar pace, S&P Global Ratings has said. In the Asia-Pacific 2Q 2024 Banking Update, S&P...
FIU notifies fresh money laundering, terror financing reporting alerts for capital markets
A fresh set of ‘alert indicators’ have been issued by India’s financial intelligence unit (FIU) for capital markets, insurance companies, online payment gateway intermediaries and crypto currency service providers for effective checking of suspicious transactions in their channels as part of the anti-money laundering and counter-terrorism financing regime. These new guidelines...
Expectations of future monetary policy impact stock markets more than rate announcements: RBI paper
Equity markets are impacted more by the expectations of future monetary policy than the policy rate surprises on the day of announcement of the policy by the Reserve Bank, said an analysis. According to a working paper prepared by RBI officials, the regulatory and development measures which are announced along with...
Sai Swami Metals & Alloys SME IPO to open on April 30
Stainless steel products maker Sai Swami Metals & Alloys Ltd will hit the capital market on April 30 to raise around Rs 15 crore from public investors. The initial public offering of the company will open for subscription on the SME platform of BSE on Tuesday and will close on May...
