Kotak Institutional Equities forecasts a significant surge in India’s capital account inflows to about $120 billion in FY2027, driven primarily by banking capital and external commercial borrowings, despite concerns over a fragile external environment and current account deficit widening. Kotak…
Bharat Petroleum Corporation Ltd has approved a Rs 5,000 crore debt raise to fund expansion and renewable projects, after reporting a record year with doubled net profits and increased refining performance. Bharat Petroleum Corporation Ltd has approved a plan to…
Shares of Ahluwalia Contracts plummeted over 10% following management’s downward revision of revenue and margin forecasts for FY27, raising concerns about execution amidst a substantial order book and recent project wins. Ahluwalia Contracts (India) came under heavy selling pressure on…
Indian shares declined for a sixth consecutive session amid rising oil prices, global uncertainties, and waning hopes of diplomatic progress in West Asia, leading to continued investor caution. Indian shares extended their slide on Tuesday as firmer oil prices, weaker…
Industry groups in India are calling on tax authorities to ease Goods and Services Tax restrictions on construction inputs, aiming to reduce costs and boost investment in data centres and warehouses amid ongoing regulatory challenges. Industry groups are pressing India’s…
India’s Reserve Bank of India has prematurely concluded its targeted foreign currency deposit scheme for non-resident Indians, citing sufficient inflows and surprising market expectations, potentially impacting confidence and rupee stability. India’s central bank has ended its special deposit push for…
Industry leaders in India’s BFSI sector warn that outdated technology platforms risk obsolescence as AI-driven innovations accelerate, prompting a strategic rethink focused on agility and customer-centric AI deployment. Indian banks and financial services firms are being pushed to rethink a…
The Reserve Bank of India is proposing tighter rules on non-bank lenders’ flexible credit products, sparking concerns about the impact on small businesses and gig workers who rely on adaptable finance solutions in an evolving labour market. India’s central bank…
HSBC and Gen H have announced significant rate cuts on a range of residential and buy-to-let mortgages, intensifying the race among lenders to attract borrowers as the mortgage market sees rapid pricing adjustments driven by growing competition and changing interest…
The Indian rupee edged lower on Tuesday amid rising global oil prices and bond yields, but RBI’s intervention helped stabilise the currency despite external pressures and increased financial strain. The Indian rupee edged lower on Tuesday as higher oil prices…
