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Manappuram Finance to raise $500 mn via ECB
Gold loan financier Manappuram Finance on Friday said its board has approved raising of up to $500 million (about Rs4,100 crore) by way of external...
Savings rate down but healthy at 30%; uptick in housing loans drives...
India’s household savings, a major contributor for the economic growth, is on the decline since FY12 and is currently averaging at about 30 per cent...
Sensex down 1,000 points on huge selloff
Domestic equities opened positive on Tuesday, but soon drifted into the red after witnessing huge sell-off amid profit booking
Macro data, FII inflows data fuel market rally
Nifty hits all-time high while Sensex at highest closing level since Sept 18
Europe’s central bank set to halt rate hikes
As the Mideast war casts a shadow over the economy
Dalmia Polypro to raise $30 mn
Mumbai: The US International Development Finance Corporation (DFC) on Wednesday committed $30 million to Dalmia Polypro Industries for building a...
Despite peaking of CAD tailwinds, the outlook remains uncertain
The country’s current account deficit widened in Q1 led by a widening of the goods trade deficit and moderating services surplus. However, capital...
Investors look to cues from US Fed meet
With US dollar index above 105 mark and the US bond yields at 4.3%, market players do not expect much buying from FIIs in near term