While longer 40-year mortgage options can lower monthly payments, they often come with increased interest costs and complex features, making them a less attractive choice for most homebuyers but a potential solution for struggling homeowners. A 40-year mortgage is a…
The Employees’ Provident Fund Organisation has addressed confusion over its revised withdrawal policy, allowing members to withdraw 75% of their funds immediately upon job loss, with the remainder accessible after 12 months of unemployment, as part of wider reforms to…
India’s rapidly expanding digital lending market, driven by AI and alternative data, is transforming credit access with faster, more inclusive applications, highlighting the importance of regulation and clear pricing amid intense competition. India’s digital lending market is expanding quickly, and…
Ken Research forecasts India’s construction materials market to reach $44.4bn by 2025, driven by infrastructure spending, urbanisation, and a transition towards eco-friendly products, with further growth expected through 2031 as industry modernises. Ken Research has put the value of India’s…
ICICI Bank has arranged a $1.45 billion syndicated offshore loan as Indian banks accelerate dollar funding ahead of the RBI’s swap window closing, signalling a busy period for offshore credit amid strong domestic growth. ICICI Bank has arranged a syndicated…
Non-banking financial companies (NBFCs) are projected to outpace banks in earnings growth through FY29, buoyed by strong gold loan performance, lower credit costs, and operational efficiencies, signalling a shift in the financial sector landscape. Non-banking financial companies are on course…
Fujiyama Power Systems reports a 125.3% rise in Q1 revenue driven by its new manufacturing facilities at Ratlam, signalling a rapid expansion in India’s solar and green tech landscape. Fujiyama Power Systems has reported a sharp rise in first-quarter revenue…
Despite US equity redemptions, broad ETF inflows indicate a measured shift towards international and fixed income assets, reflecting investor cautiousness and risk repositioning amid market fluctuations. ETF flows were broadly positive, with total net creations of $5.09bn as investors continued…
Zacks Research has decreased its third-quarter 2026 earnings estimate for Axis Capital, citing weaker-than-expected results and a more cautious outlook for the Bermuda-based insurer’s future profits, despite sustained analyst optimism. Zacks Research has lowered its third-quarter 2026 earnings forecast for…
Gold futures on the Multi Commodity Exchange fell 0.66% as traders booked profits amidst a strengthening US dollar and rising bond yields, though analysts remain optimistic about a potential rally above $4,400. Gold prices on the Multi Commodity Exchange slipped…
