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Business Stories
India’s forex reserves continue to fall, kitty now stands 10% below peak – World News Network
In the week that ended December 27, the country's foreign exchange kitty declined by USD 4.112 billion to USD 640.279 billion, data from the Reserve Bank of India (RBI) showed.
Household durables sector to see moderation in revenue in Q3: HSBC report – World News Network
Businesses in India's household durables segment are expected to see some moderation in revenue growth in the just-concluded October-December quarter, asserted HSBC Global Research in a thematic report ahead of the impending earning updates.
Rural credit ecosystem in India getting formalised: NABARD Chairman Shaji KV – World News Network
India's rural credit ecosystem is increasingly getting formalised and borrowers across the country are preferring formal options due to a variety of reasons, including interest subventions, NABARD Chairman Shaji KV told reporters Sunday.
Morgan Stanley gives “overweight” rating on 10 stocks including Reliance, HAL, ICICI Bank – World News Network
Morgan Stanley expects India to be among the best-performing emerging markets in 2025. With strong earnings, macro stability and domestic flows, the global investment banking company argues it is hard to argue against India's investment case.
Government to prioritise Capex in FY26 with 16-20% allocation: JM Financial – World News Network
The Union Government's fiscal strategy for financial year (FY) 2026 will prioritise capital expenditure (Capex), with a major allocation expected to range between 16-20 per cent, from its revised estimates of 90 per cent of FY25 Budgeted Estimates (BE) stated JM Financial in its latest report.
Government likely to prioritise Capex in FY26 with 16-20% allocation: JM Financial – World News Network
The Union Government's fiscal strategy for financial year (FY) 2026 will prioritise capital expenditure (Capex), with a major allocation expected to range between 16-20 per cent, from its revised estimates of 90 per cent of FY25 Budgeted Estimates (BE) stated JM Financial in its latest report.