BharatPe's CEO Nalin Negi has said the fintech's main focus now is to grow on the revenue side, following a landmark year in which it turned PBD (Profit Before Depreciation) positive for the first time in its seven-year history.
The Indian Rupee is likely to weaken further to 88.5 per U.S. dollar following the imposition of fresh tariffs by U.S. President Donald Trump, according to a report by ICICI Bank.
The EBITDA, which refers to earnings before interest, taxes, depreciation, and amortisation, stood at Rs 301 crore, reflecting strong operational efficiency
San Jose (California) [US], June 12: Automation Anywhere, the leader in Agentic Process Automation (APA), today announced strong financial results for the first quarter of fiscal year 2026, demonstrating significant growth and profitability fueled by increasing demand for its Agentic Process
New Delhi [India], May 31: Gujarat-based Aristo Bio-Tech and Lifescience Ltd, a fast-growing company in the agrochemical and biotechnology space, has reported a stellar financial performance for the fourth quarter and full financial year ended March 31, 2025 (FY25). The company posted a stro
China's yuan hit a 19-month low against the US dollar after the central bank set a weaker reference rate, signalling a possible shift in its currency strategy amid rising trade tensions with Washington.
The auto component industry in the country is facing export challenges due to the ongoing overhang of tariffs by the USA. In addition, currency depreciation has led to demand weakness in a few Middle Eastern countries and a major slowdown in the European region, says a report by DAM Capital
Indian stock markets continue to follow the trends of previous session on Wednesday and ended flat in the volatile session, as investor's sentiment impacted by the concerns such as overvaluation, threats of tariff war, and currency depreciation.
New Delhi [India], March 6: Car insurance is essential to protect your vehicle from unforeseen expenses. However, one of the common challenges car owners face is depreciation, which reduces the claim amount over time. By understanding how to minimise the impact of depreciation on your car in
Despite significant foreign portfolio investor (FPI) outflows in February, the Indian rupee managed to avoid sharp depreciation, because of a stable US dollar and the Reserve Bank of India's (RBI) active intervention, according to a report by Bank of Baroda.
The policy shifts by the RBI in managing the Indian currency against the US Dollar have significantly impacted the Rupee against the dollar, says a report by Union Bank of India.
The Indian Rupee (INR) is expected to trade within the range of 86.5 to 87.5 per US dollar in the near term, with the Reserve Bank of India (RBI) likely to keep its intervention limited, according to a recent report by Bank of Baroda.