The SME platform, launched in 2012, has played a role in providing emerging businesses with an alternative avenue for raising funds. Over the past decade, the platform has facilitated the raising of over Rs 14,000 crores, with approximately Rs 6,000 crores being raised in the fiscal year 202
Expectations of strong festival season demand, revival in rural demand, and hopes of interest rate cuts later this fiscal year are expected to support stock markets, brokerage Prabhudas Lilladher said in its latest 'India Strategy' report.
One of the contributors to the decline in systemic LDR is the lower net money creation by the RBI over the fiscal year 2023-24. Cumulative net fresh money creation during this period amounted to only Rs 0.6 trillion, a contrast to approximately Rs 20 trillion created in the three fiscal year
The Economic Coordination Committee (ECC) of the cabinet approved PKR 20 billion as a special allocation for Operation Azm-e-Istehkam during the current fiscal year 2024-25, according to an official announcement by the Ministry of Finance.
The expected reduction in AUM, which is forecasted to fall to between Rs 1.2 lakh crore and Rs 1.25 lakh crore by the end of fiscal 2025, down from Rs 1.35 lakh crore the previous fiscal year, is attributed to a slowdown in acquisitions and a steady rate of redemptions.
The United States accounts for the highest share of Foreign Portfolio Investors (FPIs) investing in India during the fiscal year 2023-24, highlights a report by the Securities and Exchange Board of India. (SEBI)
India's Initial Public Offering (IPO) market witnessed a resurgence in 2024, with a total of 272 companies going public compared to 164 during the previous fiscal year, highlights a report by SEBI.
US State Department Spokesperson Matthew Miller stated in a media briefing that Washington has provided over 212 million dollars in bilateral economic development and health assistance to Bangladesh in fiscal year 2023.
In terms of exports, MSME products have maintained a substantial share in India's overall export figures. According to data from the Directorate General of Commercial Intelligence and Statistics (DGCIS), the share of MSME-specified products in total Indian exports was 45.03 per cent for the
The India budget for the fiscal year 2024-25, presented on Tuesday, reflects a clear commitment to maintaining economic stability and fostering growth through substantial capital expenditure (capex) investments.
Delhi NCR [India], July 25: Finance Minister Nirmala Sitharaman announced India's Union Budget for 2024-25, focusing on employment, skill development, support for MSMEs, and the middle class. This pivotal moment for India's fiscal policy outlined the government's financial roadmap, with all