Tata Power Renewable Energy and Bank of Baroda Join Forces to Boost Rooftop Solar Adoption
Residential customers can now avail loans up to ₹6 lakh at competitive interest rates starting from 7% per annum, with both fixed and floating rate options.
MSMEs Witness Business Growth Surge in Oct-Dec 2024: SIDBI Outlook Survey
The quarterly survey, which serves as a barometer of MSME business sentiment, gathered insights from 1,200 MSMEs across the Manufacturing, Services, and Trading sectors. Covering 77 cities across Tier 1, 2, and 3 urban centers, along with 66 villages, the survey assessed business confidence based on 22 critical parameters, including sales growth, profitability, employment trends, financial accessibility, cost of funds, and ease of doing business.
Will the new RBI Governor start with a rate cut tomorrow?
The expectation of a rate cut is grounded in a combination of domestic economic indicators and global trends. India’s GDP growth has shown signs of moderation in recent quarters, with industrial output and private consumption exhibiting uneven momentum
RBI to Conduct 56-Day Variable Rate Repo Auction on February 7, 2025
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.