The Asian Development Bank has increased its growth outlook for India, citing strong first-quarter results, rising domestic demand, and supportive fiscal policies, with projections now reaching 7% for FY2026-27 and 7.1% for FY2027-28. The Asian Development Bank has upgraded India’s…
As more South Koreans use mobile banking apps to send holiday money during Chuseok, authorities highlight ongoing risks of misdirected transfers, with thousands seeking recovery assistance in 2024 despite high success rates. As the Chuseok holiday sends more people reaching…
Indian recyclers warn that EU’s proposed ban on metal waste imports from 2027 could increase costs for small processors, threaten supply chains, and be perceived as resource protectionism, prompting calls for government intervention. India’s recyclers have urged the government to…
Macquarie initiates coverage on five Indian market-linked companies, emphasising the dominance of NSE, growth prospects for MCX, BSE, and Groww, and a cautious stance on Angel One amid a shifting digital landscape. Macquarie has started coverage on five Indian market-linked…
Public sector and regional rural banks across India will operate on Sunday, September 27, as the government aims to mitigate disruptions from an impending three-day strike over working conditions and retirement benefits. Public sector banks and regional rural banks across…
Renewed tensions in West Asia have pushed crude prices to new heights, forcing India’s public sector fuel retailers into significant financial strain amid unchanged retail prices and mounting under-recoveries, particularly on LPG cylinders. India’s state-run fuel retailers are under renewed…
A recent comparison highlights that many active small-cap mutual funds, despite promising high returns, struggle to outperform the relatively tougher Nifty Midcap 150 index, raising questions over their cost-effectiveness for long-term investors. Active small-cap funds may still promise outsized returns,…
NPCI BHIM Services has introduced MyUPI, an AI-powered conversational tool integrated within the BHIM Payments App, providing Indian UPI users with 24/7 multi-language support and enhanced security features to boost trust and ease of use. NPCI BHIM Services has introduced…
Envestnet Portfolio Solutions increased its holdings in Eli Lilly and Company during Q2, reflecting strong institutional confidence following impressive earnings and significant strategic investments in manufacturing and pipeline development. Envestnet Portfolio Solutions increased its holding in Eli Lilly and Company…
Major international institutions including the OECD, Asian Development Bank, S&P Global Ratings and Fitch have raised their forecasts for India’s 2027 GDP, citing robust domestic demand and steady investment despite external challenges. India’s growth outlook has been lifted again by…
