Standard Chartered has revised upwards its forecast for India’s consumer price inflation in FY27 to 4.9%, citing sustained food and fuel price pressures that may challenge monetary policy stability. Standard Chartered has lifted its forecast for India’s consumer price inflation…
Manufacturers in Maharashtra’s Chakan industrial zone are reconsidering their presence due to ongoing infrastructure challenges, including poor roads, congestion, and power issues, prompting fears of a significant shift of businesses to other states. Chakan, one of Maharashtra’s best-known industrial belts,…
Finance Minister Nirmala Sitharaman urges Indian startups to expand AI-driven technologies into districts, focusing on healthcare and banking, as part of a broader government strategy to enhance public service access and innovation in rural areas. Finance Minister Nirmala Sitharaman has…
BRICS nations are transitioning from conceptual discussions to practical steps in establishing a cross-border payments system, with a focus on faster payment links over the more complex and politically sensitive central bank digital currency bridges, signalling a shift towards more…
Since 2021, India’s Unified Payments Interface has attracted over $5.8 billion in private equity, with funding increasingly focusing on a handful of dominant firms as the sector recovers and expands internationally. India’s Unified Payments Interface has become one of the…
A column in Business Standard argues that improving bank governance in India relies more on transforming board processes than on regulatory rules, highlighting the need for greater strategic oversight and effective decision-making. The Reserve Bank of India has spent years…
Tablespace Technologies secures a substantial lease of 500,000 square feet in Hyderabad, signalling aggressive expansion as it prepares for an IPO and amid rising office demand in India’s top cities. Tablespace Technologies, the coworking space provider preparing for a stock…
Mirae Asset Venture Investments India has secured approximately $118 million in its first close for a new India-focused fund, reflecting a more cautious approach in India’s evolving startup landscape amid rising investor expectations for sustainable growth. Mirae Asset Venture Investments…
UltraTech Cement’s latest quarterly results highlight its growing lead in India’s cement sector amid fierce competition and rapid capacity expansion by industry giants, reshaping the market landscape. UltraTech Cement’s latest quarterly numbers reinforce just how far India’s biggest cement maker…
Hinduja Group announces a ₹2,500 crore expansion in Tamil Nadu, targeting renewable energy, electric mobility, and digital transport, amid a broader push into the state’s sustainable infrastructure. Hinduja Group has said it will invest ₹2,500 crore in Tamil Nadu as…
The Comptroller and Auditor General highlights how budgetary reliance on lease repayments and slow progress on safety projects threaten the future of Indian Railways, raising questions over financial discipline and infrastructure funding. The Comptroller and Auditor General has criticised Indian…
A Securities and Exchange Board of India study reveals that anchor investors tend to sell a significantly larger share in smaller mainboard IPOs after the mandated lock-in period, highlighting issue size as a key factor influencing post-listing behaviour. A study…
