Microfinance stress takes toll on FY25 profits
Microfinance institutions are facing significant stress, with listed MFIs reporting losses or decreased profits in the March quarter due to factors like deteriorating asset quality ...
Latest Post
NSE board approves IPO via OFS route
The National Stock Exchange (NSE) board has approved its long-awaited public offering, which will be an offer-for-sale. LIC currently holds the largest stake at 10%, ...
Reliance returns to buying Venezuelan oil
Reliance has resumed importing Venezuelan crude after a hiatus, acquiring a 2 million barrel cargo. This marks India’s first purchase since US intervention in Venezuela’s ...
Govt receives fin bids for IDBI’s strategic selloff
The government has received financial bids for the strategic disinvestment of IDBI Bank, marking significant progress in the stake sale. This move, involving a combined ...
India, US reach interim trade pact framework: What’s in the deal
India and the United States have agreed to a framework for an interim trade deal, signaling a de-escalation of recent trade tensions. This agreement reaffirms ...
Old is gold as prices singe, rush for advance purchase
Indian consumers are actively exchanging old gold for new and accelerating wedding jewellery purchases due to soaring gold prices. Titan Company reports a significant increase ...