New Delhi, Jul 7 (KNN) The Competition Commission of India (CCI) is likely to undertake a market study of the digital economy to better understand the functioning of digital platforms and assess competition-related issues in the sector. CCI Plans Comprehensive Digital Economy Study The proposed study is expected to examineContinue Reading
New Delhi, Jul 7 (KNN) The Ministry of Finance on Tuesday said the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has crossed 4.11 lakh guarantees for businesses affected by the West Asia geopolitical situation, with the total guaranteed amount exceeding Rs 1.55 lakh crore. In a release, the ministry said, “SinceContinue Reading
New Delhi, Jul 7 (KNN) Indian banks are expected to report a steady performance in the first quarter of FY27, with earnings remaining broadly stable as pressure on net interest margins (NIMs) and weaker non-interest income continue to weigh on profitability, according to a report by Kotak Institutional Equities. OperatingContinue Reading
New Delhi, Jul 7 (KNN) Lower crude oil prices are giving Reserve Bank of India (RBI) and other Asian central banks more policy space to support growth, with softer energy inflation easing balance of payments (BoP) pressures, according to a report by Standard Chartered. The global bank said falling oilContinue Reading
New Delhi, Jul 6 (KNN) India’s recent decline in market valuations is temporary rather than structural, and a recovery in economic growth could help reverse the trend and provide a boost to equities, according to a report by Morgan Stanley. The report said the combination of subdued recent market performanceContinue Reading
New Delhi, Jul 6 (KNN) Indian banks are expected to see an improvement in the credit-to-deposit (CD) ratio in FY27, led by public sector banks (PSBs), while overall credit growth is likely to remain steady at around 14 per cent year-on-year (YoY), according to a report by Motilal Oswal FinancialContinue Reading
New Delhi, Jul 6 (KNN) The Ministry of Micro, Small and Medium Enterprises (MSMEs) on June 30 mandated all operational Central Public Sector Enterprises (CPSEs) to settle invoices for goods and services procured from MSMEs through Trade Receivables Discounting System (TReDS) platforms authorised by the Reserve Bank of India (RBI),Continue Reading
