The auction will offer a notified amount of ₹50,000 crore, with the tenor set at 56 days. The bidding window will be open from 3:30 PM to 4:00 PM on February 7, 2025. The funds will be reversed on April 4, 2025, marking the maturity of the operation.
Trump Pauses Tariffs on Mexico and Canada, but Not China
The temporary suspension comes amid escalating tensions in global trade, with Trump maintaining a hardline stance on China while showing flexibility toward North American neighbors. This move is part of Trump’s broader “America First” economic strategy, which has prioritized renegotiating trade agreements and imposing tariffs to protect U.S. industries.
Equirus Invests Rs 100 Crore to Strengthen Family Office Business, Merges with Credence Family Office
As part of the deal, Credence Family Office will take over Equirus Wealth’s Family Office business and integrate into the Equirus Group. The merger also facilitated the exit of TIW Private Equity, which had been an investor in Credence for six years.
CreditAccess Grameen Secures USD 50 Million from IFC to Boost Financial Inclusion
The investment from IFC will play a pivotal role in expanding financial access for microentrepreneurs, focusing primarily on women borrowers. Over the lifecycle of this project, CreditAccess Grameen (CA Grameen) aims to reach an additional 3 to 4 million women borrowers.
India’s FY26 Union Budget a shift towards fiscal consolidation, supporting urban consumers, says report
The Finance Minister’s commitment to fiscal consolidation includes a firm pledge to reduce the central government’s public debt-to-GDP ratio, aiming for a 50% debt ratio by FY31 from 56.1% in FY26.
The Rupee’s fall to 87: What does it signal for the economy?
At the heart of the rupee’s struggles is the ongoing trade war, particularly the new tariffs imposed by the United States. President Donald Trump’s 25% levy on imports from Mexico and Canada, along with the 10% tariff on Chinese goods, has triggered retaliatory actions from these nations, exacerbating global market uncertainty.
Rupee breaches 87-mark against dollar for the first time: What’s driving the decline?
Trump’s executive orders have slapped a 25% tariff on most goods from Mexico and Canada and a 10% levy on Chinese imports.
Can Budget 2025’s 100% FDI move be a game changer for India’s Insurance sector?
India’s insurance industry has long been constrained by capital limitations.
Why Union Budet 2025 is a missed opportunity
The government’s fiscal consolidation targets, while commendable in principle, appear to have come at the cost of growth-oriented spending. The fiscal deficit has been pegged at 4.4% of GDP for FY26, a reduction that seems more focused on meeting numerical targets than on fostering economic resilience.
Union Budget 2025-26: A Blueprint for Inclusive Growth and Economic Resilience, says SBI report
India’s nominal GDP growth is projected at 10.1% for FY26, with the fiscal deficit targeted at 4.4% of GDP (Rs 15.68 lakh crore), marking an improvement from 4.8% (Rs 15.69 lakh crore) in FY25