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India's GST reforms to be credit positive for consumption-focused issuers:
Updated : 5 months, 2 weeks ago IST
The goods and services tax (GST) reforms will be credit positive for Indian companies as it will boost consumption and reduce risks of US tariffs, noted global rating agency Fitch in its latest report.
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Bank credit flow to touch Rs 19 to 20.5 trillion in FY26; NBFCs projected
Updated : 5 months, 2 weeks ago IST
Indian banks incremental credit to grow by Rs 19 trillion to 20.5 trillion, translating into a year-on-year growth of 10.4-11.3 per cent according to a report by rating agency ICRA.
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Fitch revises India's GDP outlook for FY26 to 6.9% from 6.5%, but indicate
Updated : 5 months, 2 weeks ago IST
Global rating agency Fitch has revised India's growth outlook for the fiscal year ending March 2026 to 6.9 per cent from its earlier projection of 6.5% in June Global Economic Outlook (GEO).
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ED arrests Karnataka MLA Satish Sail in money laundering case
Updated : 5 months, 2 weeks ago IST
The arrest was made by ED's Bengaluru Zonal Office on Tuesday night after a day-long interrogation of the legislator, who had deposed before the agency earlier that day.
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ED attaches Rs 185.84 crore assets in bank fraud case of Dewan Housing Fin
Updated : 5 months, 2 weeks ago IST
The Enforcement Directorate (ED) attached immovable and movable assets valued at Rs 185.84 crore in the bank fraud case of Dewan Housing Finance Corporation Ltd. (DHFL), the agency said on Tuesday.
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ED raids 10 places in Delhi, Madhya Pradesh in Rs 273 crore bank fraud cas
Updated : 5 months, 2 weeks ago IST
The agency carried out the searches at nine places in Delhi and one in Madhya Pradesh's Bhopal. The premises covered in the search action belong to the entities and persons closely associated with the EHDL.
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India's apparel export outlook revised to negative from stable, apparel ex
Updated : 5 months, 2 weeks ago IST
The outlook for the Indian apparel export industry has been revised to Negative from Stable by rating agency ICRA, following the upward revision in tariff rates by the US.
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NIA raids 22 locations across five states, J-K in terror conspiracy case
Updated : 5 months, 2 weeks ago IST
The National Investigation Agency (NIA) on Monday carried out searches at 22 locations across five states and the Union Territory of Jammu and Kashmir in connection with a terror conspiracy case.
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Russian vaccine for colon cancer ready to use: Report
Updated : 5 months, 2 weeks ago IST
Russia's cancer vaccine has successfully completed preclinical trials, demonstrating both safety and high efficacy, Veronika Skvortsova, head of the Federal Medical and Biological Agency (FMBA), announced at the Eastern Economic Forum (EEF).
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India Inc revenue to grow 7% this fiscal on GST restructuring, but profit
Updated : 5 months, 2 weeks ago IST
The rating agency stated that the reductions in the Goods and Services (GST) will have a positive impact on consumption, which accounts for 15 per cent of the revenue of corporates.
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Taiwan's coast guard seizes Chinese fishing boat near restricted waters
Updated : 5 months, 2 weeks ago IST
Taiwan's Coast Guard Administration (CGA) seized a nameless Chinese fishing boat after it crossed into restricted waters off outlying Penghu County on Saturday, as reported by Focus Taiwan, citing the agency.
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Sonalika hits all time high August Overall Sales of 10,932 Tractors driven
Updated : 5 months, 2 weeks ago IST
New Delhi [India], September 5: India's No. 1 tractor export brand, Sonalika Tractors, has been aggressively moving ahead in FY'26 to strengthen its role as a true partner for farmers in India and has achieved a new landmark performance in FY'26. The company has recorded its highest-ever Aug
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