G20 Sherpa Amitabh Kant lauds India's digital transformation journey in 9 years

Jun 02, 2024

India now boasts 1 billion mobile phone users, a significant milestone reflecting widespread connectivity. This is complemented by 96 per cent reduction in data...

Poonawalla Fincorp Q3FY22 Consolidated Profit Before Tax up 651 percent YoY to Rs. 130 Cr; Significant Reduction in Credit Costs and Improvement in Asset Quality

Feb 02, 2022

Pune (Maharashtra) [India], February 2 (ANI/BusinessWire India): The Board of Directors of Poonawalla Fincorp Limited (PFL), a non-deposit taking systemically important NBFC focusing on...

Japan: 27 per cent nursing homes face bankruptcy owing to price hikes, survey says

Jul 08, 2023

The fact that some institutions have cut staff or delayed employment because of high costs raises worries about a potential reduction in the quality...

India's inclusion in JP Morgan bond index signals positive boost for financial flexibility and capital markets development

Nov 07, 2023

According to a report by Fitch Ratings, this move is likely to contribute to a slight reduction in funding costs and encourage further development...

Indian public sector banks face fresh capital shortages as coronavirus bites: Moody's

Aug 21, 2020

Singapore, Aug 21 : The sharp slowdown in India's economic growth exacerbated by coronavirus outbreak will hurt public sector banks' (PSBs) asset quality and...

India will perform better than competitive markets like China in new energy: Nuvama report

Aug 20, 2024

This edge is largely due to India's lower costs in solar photovoltaic (PV) and wind energy, which are 16-44 per cent and 17-40 per...