Formed by the merging of the erstwhile IDFC Bank and Capital First, IDFC has reported improved performance from the entity that came into being in December 2018. CASA (current, account, savings account) deposits, which is the biggest source of...

To curb further spike in prices, the government would be releasing wheat from the Food Corporation of India (FCI)’s stock in the open market soon, Sanjeev Chopra, secretary, department of food and public distribution, said on Thursday. ...

Avanse Financial Services Ltd, an education-focused non-banking lender, on Thursday announced an investment of ₹800 crore from homegrown private equity (PE) firm Kedaara Capital to fuel its growth plans. Avanse Financial provides...

Tax proposals are the most eagerly awaited aspect of any budget. It is no different this time. With almost a decade having passed since the Centre last enhanced the personal income tax exemption limit from Rs 2 lakh to Rs 2.5 lakh in budget...

India is likely to substantially top up the allocation for ongoing Production-Linked Incentive (PLI) schemes in the February 1 budget after seeing good results, said people with knowledge of the matter. Some new sectors may be included in the...

On Tuesday, the United States stated that it has been a significant progress in issuance of business visas in India and the Americans are taking several steps such as increasing the number of staff for further facilitation of the process....

The term quantitative tightening describes a process within monetary policy where a central bank is contracting liquidity by shrinking its balance sheet. To understand quantitative tightening, you need to understand quantitative easing....

India deals with American card networks as Visa and Mastercard have grumbled to Washington for lack of a level field as New Delhi cajoled banks for shifting to a room harvested alternative. For the alleged failure of comply with local...

India's exports declined to $34.48 billion in December 2022 as against $39.27 billion in the same month the previous year, according to data released by the government on Monday. This was a drop of 12.2 per cent year-on-year. The data,...

The CII Business Confidence Index (CII- BCI) has shown an apparent uptick in the October-December 2022 quarter, indicating the optimism Indian industry has in the country’s economic resilience at a time when global economic growth is...