Credifin riases US$24.9 Million in Equity and Debt Funding to Fuel Growth
Jalandhar, April 17, 2025 – Credifin Limited, a Metropolitan Stock Exchange of India-listed Non-Banking Financial Company (NBFC) formerly known as PHF Leasing Limited, has successfully raised US$24.9 million (approximately Rs. 213.6 crore)…
India’s Middle Class in Crisis: Layoffs, Soaring Costs, and a Dream Deferred
Prakash Bhasi, a 54-year-old technician at a packaging firm in Mumbai, sits at a roadside tea stall, staring at his phone. The screen displays a bank alert: his savings account balance is…
Inflation’s Down, But Don’t Pop the Champagne Yet
India’s retail inflation just hit a 67-month low of 3.34% in March, dipping below the RBI’s 4% target for the second month running. Food prices, the usual culprit, stayed tame at 2.69%,…
What’s Happened So Far: Trump’s Tariff Moves in 2025
Since taking office in January 2025, U.S. President Donald Trump has made tariffs a cornerstone of his economic policy, aiming to boost domestic manufacturing, reduce trade deficits, and assert American economic dominance….
Indian Stock Market Surges in Morning Trade on Trump tariff U-turn
The Indian stock market opened with a robust gap-up in morning trade today, resuming activity after a holiday-extended weekend due to Ambedkar Jayanti on April 14. The benchmark indices, BSE Sensex and…
Loan Apps: A Death Trap for India’s Middle Class
In the digital age, the promise of instant cash through loan apps has lured millions of Indians, particularly the middle class, into a spiraling web of debt that often leads to devastating…
Bank of India scraps 400-Day FD Scheme, slashes interest rates across maturities
Bank of India (BoI), a major public sector bank, has announced the withdrawal of its special 400-day fixed deposit (FD) scheme, which previously offered a peak interest rate of 7.30%. Alongside this,…
Can India’s Real Estate Sustain Its USD 2.9 Billion Q1 2025 Boom?
India’s real estate sector has kicked off 2025 with a bang, attracting USD 2.9 billion in equity investments during January-March, a staggering 74% year-on-year (YoY) increase from USD 1.7 billion in the…
US Tariff Pause Sparks Hope: India’s Equity Market Set for a Robust Rally in FY26
The United States’ 90-day pause on tariffs isn’t just a breather—it’s a game-changer. The draconian proposals floated on April 2, which threatened to upend global trade, now look dead in the water,…