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CHENNAI: Stress within the sector has left microfinance establishments bleeding. Listed MFIs have both reported a loss or a considerable lower of their profits within the March quarter. This comes on the again of a number of components together with deterioration in asset high quality, rising credit score prices, borrower overleveraging and rising borrower overlaps […]
“We ignore the implications of the dramatic decline at our own peril,” Congress chief Jairam Ramesh stated. File | Photo Credit: The Hindu Flagging the newest Reserve Bank of India (RBI) knowledge that reveals that the Foreign Direct Investment (FDI) inflows into India in 2024-25 plunged by an unprecedented 96%, the Congress on Sunday (May
(*3*) The jute industry is pinning its hopes on the upcoming Expert Committee on Jute (ECJ) assembly, scheduled for June 3 in Kolkata, because it grapples with excessive uncooked jute prices, delayed crop arrivals, and tight supply situations.The ECJ, beneath the Ministry of Textiles, will evaluate the uncooked jute and mesta supply-demand state of affairs
The general market value of six out of India’s ten most valued companies fell by a staggering Rs 78,166.08 crore final week, as weak sentiment continued to overwhelm fairness markets.Reliance Industries noticed the sharpest erosion in value, reflecting the downturn in benchmark indices.The BSE Sensex dropped by 609.51 factors or 0.74%, whereas the Nifty declined
Last week, the BSE benchmark dropped 609.51 factors or 0.74% and the Nifty declined 166.65 factors or 0.66%. File. | Photo Credit: AP The mixed market valuation of six of the top-10 most valued firms eroded by ₹78,166.08 crore final week, with Reliance Industries taking the biggest hit, according to weak developments in equities. Last
The story thus far: Putting an finish to a lot hypothesis, the Reserve Bank of India’s Central Board on Friday (May 23, 2025) introduced that it had determined to switch ₹2.69 lakh crore to the Central authorities as a surplus for the yr 2024-25. This is a report excessive switch, 27% increased than the ₹2.11
The Chinese government’s subsidies geared toward boosting home consumption have led to a surge in the sales of digital merchandise like smartphones, tablets, and smartwatches, producing about $20 billion in simply four months, in accordance to the Ministry of Commerce.As of Thursday, over 48 million customers participated in the government’s digital product subsidy scheme, buying
Commerce and Industry Minister Piyush Goyal has met European Commissioner for Trade Maros Sefcovic in Brussels. (X/@MarosSefcovic) Commerce and Industry Minister Piyush Goyal has met European Commissioner for Trade Maros Sefcovic in Brussels, their second assembly inside a month, to debate the proposed free commerce settlement (FTA), presently beneath negotiation between the 2 areas. Mr.
