Business Standard
Fundraising activity for funds located in India saw a 51% decline compared to a year ago and amounted to $6.6 billion in 2023.
1705384424 Economy - 10 months ago
The rupee reversed its nine-day upward movement and depreciated 11 paise to 82.97 against the US dollar in early trade on Tuesday, tracking a strong A
1705381145 Economy - 10 months ago
"The Reserve Bank of India will let the rupee appreciate only gradually," said Dhiraj Nim, economist and forex strategist at Australia & New Zealand B
1705378333 Economy - 10 months ago
While the data shows that the world had 71 new unicorns (21 in Asia), India contributed only two of them, as compared with CY22 when it had 22
1705340436 Economy - 10 months ago
Substantial time has elapsed since Government owned NBFCs were brought within the ambit of prudential regulations in May 2018
1705338894 Economy - 10 months ago
The revised fair lending practice, which prohibits banks and NBFCs from using penal charges on loan defaults as a revenue enhancement tool, will come
1705335383 Economy - 10 months ago
The Reserve Bank may shift the monetary policy stance to "neutral" by June and deliver rate cuts starting August this year, a Japanese brokerage said
1705332713 Economy - 10 months ago
The draft norms, which were released on Monday, said SRO-FTs should strive towards healthy and sustainable development of the fintech sector
1705330907 Economy - 10 months ago
S&P Global Ratings on Monday said it has raised long-term issuer credit rating on Vedanta Resources. The rating has been upgraded to 'CCC+' from 'sel
1705324372 Economy - 10 months ago
The central bank has also proposed the ceiling on public deposits held by HFCs be reduced to 1.5 times of net-owned funds from 3 times
1705319185 Economy - 10 months ago
Mahindra Group and global institutional investor Ontario Teachers' Pension Plan Board have co-sponsored an infrastructure investment trust (InvIT) hol
1705318568 Economy - 10 months ago
The body would work towards strengthening governance standards and addressing the sector's needs and challenges, the central bank said
1705317413 Economy - 10 months ago
Capital markets regulator Sebi on Monday proposed to provide flexibility to Alternative Investment Funds (AIFs), Venture Capital Funds (VCFs) and thei
1705316244 Economy - 10 months ago
The rupee strengthened for the ninth consecutive session to settle with a gain of 6 paise to 82.89 (provisional) against the US dollar on Monday, driv
1705315561 Economy - 10 months ago
India's macro-fundamentals strengthened even though it faced severe external shocks since 2020, Reserve Bank Monetary Policy Committee (MPC) member As
1705306312 Economy - 10 months ago
The highest mobilisation in 2023 came from All-India Financial Institutions and banks, accounting for Rs 4.71 trillion, representing a 29 per cent inc
1705304454 Economy - 10 months ago
In CY23 US, India & Japan have been the biggest recipients of foreign flows. Outflows were seen across Europe.
1705301257 Economy - 10 months ago
The rupee appreciated 18 paise to 82.77 against the US dollar in early trade on Monday, supported by bullish domestic equities wherein domestic indice
1705294192 Economy - 10 months ago
Over 800 women were surveyed across 10 cities in India on a wide range of behaviours, including their involvement in financial decision-making, goal s
1705291314 Economy - 10 months ago
Insurers have suggested introduction of a separate tax deduction limit for life insurance, waiver of taxation on annuity and pension products
1705232927 Economy - 10 months ago
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