Financial Insights That Matter NEW DELHI: Uncertainty stemming from global developments constitutes a key risk for the country’s growth outlook for FY26, a finance ministry report said on Tuesday. It cautioned that more than trade, the perception of prolonged uncertainty may cause the private sector to put its capital formation plans on hold.The finance ministry’s […]
Adia invests in IPO of India’s Ather Energy #IndiaFinance
Financial Insights That Matter Electric scooter maker targets $360m Company to build new factory Adia expanding India activity The Abu Dhabi Investment Authority (Adia) is among investors in the initial public offering of Indian electric scooter maker Ather Energy. Ather, India’s fourth-largest electric two-wheeler manufacturer, is seeking to raise around $360 million to fund expansion. […]
India’s growth outlook at risk from trade tensions and geopolitical risks: Finance Ministry #IndiaFinance
Financial Insights That Matter Trade tensions and geopolitical risks pose a challenge to India’s economic growth in the fiscal year that started this month, potentially disrupting supply chains and pushing up prices, the Finance Ministry said in its monthly review. “Uncertainties stemming from global developments constitute a key risk for the growth outlook for fiscal […]
Amazon and Shriram Finance target payment services sector in India #IndiaFinance
Financial Insights That Matter Payment services are again making headlines in India. Both Shriram Finance, an Indian non-banking finance company (NBFC), and online retail giant Amazon have recently made news with their plans for the sector. The Shriram proposal is to offer payment services through mobile wallets, prepaid cards (such as food and […]
Insurance Amendment Bill to be introduced by Finance Minister during monsoon season #IndiaFinance
Financial Insights That Matter The Insurance Amendment Bill, which seeks to allow 100% foreign direct investment (FDI) in the insurance sector, is likely to be introduced in Parliament during the upcoming monsoon session, according to sources and news sites from India. The draft of the bill has been finalised and is expected to be presented […]
Shriram Finance: India’s Shriram Finance mulling yen-denominated fundraise to diversify borrowing, CEO says #IndiaFinance
Financial Insights That Matter Indian non-banking finance company Shriram Finance is mulling raising funds denominated in Japanese yen to diversify its borrowing profile, with talks still in preliminary stages, its CEO said on Monday. “Our team is exploring a possibility if we can borrow from the Japanese (currency),” YS Chakravarti told Reuters in an interview. […]
PNB Housing Finance Thrives On Strong Home Loan Demand #IndiaFinance
Financial Insights That Matter What’s going on here? PNB Housing Finance just enjoyed a 25% jump in profits thanks to India’s bustling housing market – made all the more vibrant by the growing demand for both affordable and premium homes. What does this mean? PNB Housing Finance’s latest financial results showcase the company’s strategic pivot […]
India’s ad body changes influencer rules for health and finance sectors | News #IndiaFinance
Financial Insights That Matter The Advertising Standards Council of India (ASCI) has introduced an important update to its Influencer Advertising Guidelines, marked by the release of Addendum 2 specifically targeting health and finance influencers. This development is more than just regulatory housekeeping; it acknowledges a new reality where millions of Indians today place significant trust […]
IIP Growth Steady At 3% In March #IndiaFinance
Financial Insights That Matter India’s industrial output grew at a steady pace in March. The Index of Industrial Production grew 3%, according to data published by the Ministry of Statistics and Programme Implementation on Monday. A Bloomberg estimate projected India’s factory activity to rise by 3.3%. The revised IIP growth rate for February was 2.9% […]
Ex Finance Commission Head On MSMEs’ Role In Becoming ‘Viksit Bharat’ #IndiaFinance
Financial Insights That Matter New Delhi: Former chairperson of Finance Commission NK Singh on Monday said the Micro, Small, and Medium Enterprises (MSMEs) play an important role in India’s quest to become a “Viksit Bharat’ (developed India). Speaking at NDTV’s ‘Emerging Business- Delhi Chapter Conclave’, Mr Singh said if the MSMEs today contribute 30 per […]