With the price of gold entering a strong bull run, gold-loan non-banking financial companies (NBFCs) are under the spotlight, even though their performance is not directly linked to gold price. Photograph: Amit Dave/Reuters Muthoot Finance outperformed in the April-June quarter
‘This marks a turning point for Paytm, with the regulatory environment looking much clearer than it has been in the last two years.’ Photograph: Kind courtesy Google Play store On August 5, Antfin, the Chinese investment arm of Alibaba, exited
For LG Electronics India, the Rs 11,607 crore initial public offering (IPO) is not just a fundraising exercise. Photograph: Steve Marcus/Reuters The company’s senior executives describe it as a step towards becoming “future-ready”, showcasing financial strength while preparing for the
Reserve Bank of India (RBI) Governor Sanjay Malhotra, with Deputy Governors Poonam Gupta, Swaminathan J, T Rabi Sankar, and M Rajeshwar Rao, responded to a range of queries in the post-policy interaction with the media. Photograph: Hemanshi Kamani/Reuters One aspect of
The Reserve Bank of India (RBI) on Wednesday met the long-standing demand of banks by allowing them to finance acquisitions by Indian companies, a move that also expands banks’ capital market lending in the country. Illustration: Uttam Ghosh “…to expand
‘The world is heading into a period of serious problems, and gold and silver are among the few ways to protect oneself.’ Photograph: Francis Mascarenhas/Reuters Gold and silver prices have seen a phenomenal run thus far in 2025. Jim Rogers,
Auto majors Maruti Suzuki, Tata Motors and Mahindra & Mahindra reported robust sales in September as reduced price tags owing to GST rationalisation led to record demand in the Navaratri period. Photograph: Hamad I Mohammed/Reuters The month also saw Tata
India’s manufacturing sector activity eased in September, as new orders, output and input buying rose at the slowest rates in four months, while job creation retreated to one-year low, a monthly survey said on Wednesday. Photograph: Anushree Fadnavis The seasonally
The Reserve Bank on Wednesday revised upward its growth estimates for the current fiscal year to 6.8 per cent and lowered its inflation projection to 2.6 per cent based on an above-normal monsoon and the rationalisation of GST rates. Photograph:
The salaries of India’s blue- and grey-collar workforce have increased by 23 per cent over the past two years, reflecting the growing demand and opportunities for the skilled workforce, a report said on Tuesday. Illustration: Dominic Xavier/Rediff The overall salaries
