However, the NDA's slim margin of victory and the BJP's loss of an outright majority in parliament may slow down more extensive economic and fiscal reforms, potentially impeding fiscal consolidation efforts.
The Reserve Bank of India (RBI) is unlikely to reduce the benchmark interest rate in its upcoming monetary policy review meeting. The meeting, chaired by Reserve Bank Governor Shaktikanta Das, is underway in Mumbai
Mumbai (Maharashtra) [India], June 5: Metro Brands Limited, one of India's largest footwear retailers, has spearheaded a groundbreaking initiative to process old, discarded footwear (ODF) in an eco-friendly manner and tackle significant environmental challenges. Since 2021, in partnership wi
Gurugram (Haryana) [India], June 5: In a significant step towards environmental sustainability, Elan Foundation, the philanthropic arm of Elan Group, has pledged to cultivate more than 25,000 plants and trees in Gurugram on the occasion of World Environment Day. This initiative aims to contr
Despite the political stability that the NDA's majority provides, the UBS report suggests a potential shift towards a more populist economic policy in Modi's third term, targeting the lower-income strata.
Financial market regulator SEBI has formed a committee to review the ownership and economic structure of clearing corporations and suggest measures to ensure that those entities function as resilient, independent, and neutral risk managers.
New Delhi [India], June 4: In today's rapidly evolving business domain, the spotlight shines on ten standout companies setting new benchmarks for success. These industry leaders are not only excelling in their respective fields but also redefining what it means to be a powerhouse in the mode
The United Arab Emirates's improved rating in a global risk index has given the financial services sector a boost, reflecting the country's advancements in combating money laundering and the financing of terrorism.
S&P Global Market Intelligence asserts that weak private consumption in India remains the largest concern, with rural demand in particular still "straggling to catch up", at a time when the country's overall growth remains strong.
Dubai [UAE], June 3: Dubai-based Blue Sapphire Trading (BST) Group unveils a complete crypto eco-system including asset-backed crypto-currency - BST Coin, BST Chain, E Sapphire, crypto exchange - Sapphire Exchange and BST DEX, a marketplace for a Phygital Non-Fungible Token backed by Proof o
Khalifa Economic Zones Abu Dhabi - KEZAD Group and NMDC Energy, a subsidiary of National Marine Dredging Company (NMDC), today signed an agreement for the establishment of a new manufacturing facility in KEZAD.
Hyderabad (Telangana) [India], June 3: The excitement continues to build as Hyderabad gears up to host not just one but three premier industry events simultaneously. The 8th edition of the Hyderabad International Machine Tool and Engineering Expo (HIMTEX) will take place from August 16th to