Financial Insights That Matter PRNewswire Mumbai (Maharashtra) [India]January 14: Sunsure Energy, the preferred renewable energy solution provider for India’s leading businesses transitioning to green power, has secured INR 416.35 Crore in long-term debt financing from Aseem Infrastructure Finance Limited to fund the development of Sunsure’s 150 MWp open-access solar park in Solapur, Maharashtra. The 1st […]
Financial Insights That Matter (Bloomberg) — Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. Most Read from Bloomberg Investors are expecting Indian stocks to post another quarter of losses as a slowdown in economic growth and sticky inflation hurt corporate earnings and […]
Financial Insights That Matter Bank of India is marketing its first dollar syndicated loan since 2012 of as much as $400 million, people familiar with the matter said, at a time when more Indian borrowers are tapping global credit markets. The Indian lender is raising the loan — split into three- and five-year tranches — […]
Financial Insights That Matter The transition of national economies towards green, sustainable economics has now become imperative. Governments, regulators, and private enterprises across the world are seized of this. We see an incremental implementation of de-carbonization measures and strategies aimed at greening not only manufacturing, service, and supply chains but also greening the financial systems […]
Financial Insights That Matter This article is an on-site version of the India Business Briefing newsletter. To receive it in your inbox regularly, sign up if you’re a premium subscriber, or upgrade your subscription here. Good morning. Last week, we talked about India’s slowing GDP and now official estimates have placed it at 6.4 per cent, […]
Financial Insights That Matter India’s central bank is using dollar-rupee swaps to ease a liquidity squeeze in the country’s financial system, according to people familiar with the matter. The Reserve Bank of India used swaps to inject rupee liquidity worth around $3 billion on Friday, the people said, asking not to be named because they […]
Financial Insights That Matter India’s population today has surpassed 1.4 billion (World Bank, 2023). While a significant portion of the population remains young, with those aged 15-29 comprising around 27% (UNFPA, 2023), the number of senior citizens has also surged to more than 10% of the population, or roughly 140 million people (Ministry of Statistics, […]
Financial Insights That Matter (Reuters) – India may record a fiscal deficit for the current fiscal year at 4.7%-4.8% of gross domestic product (GDP), lower than the government’s estimate of 4.9%, primarily driven by lower expenditure, finance daily Mint reported on Monday. Lower spending on planned capital investments and a higher-than-anticipated dividend from the central […]
Financial Insights That Matter New Delhi: Finance ministry has called a meeting of heads of public sector banks on Wednesday to review progress of various financial inclusion schemes, including Jan Suraksha and Mudra Yojana. The meeting, which would see participation from representatives of private sector banks, is scheduled to be chaired by financial services secretary […]
Financial Insights That Matter The much-awaited boom of consumer spending has not materialized, with demand in both rural and urban areas remaining subdued. Consumer-staple companies have collectively reported less than 5% growth in volumes. Overall, consumer-goods companies are likely to report a weak third quarter. Underlying the weak consumer sentiment is a sharp rise in […]