The path to revival of India's microfinance institutions (MFIs) is likely to be tough, with profits expected to return to normal only by the end of this financial year, according to a report by Crisil Ratings.
Revenue growth of India's 18 largest states, which account for over 90 per cent of the gross state domestic product, is likely to witness a marginal uptick at 7-9 per cent on-year this fiscal to Rs 40 lakh crore, according to a report by Crisil Ratings.
The payments and financial services distribution company, Paytm, which announced its profitability in the first fiscal quarter, also reinforced its leadership in the merchant payments ecosystem, through its differentiated full-stack payments technology offerings that empower micro, small, a
India Inc's revenue likely grew a modest 4-6 per cent year-on-year in the April-June quarter of this current fiscal, slowing from 7 per cent growth in the previous two quarters, due to sluggish performance by the power, coal, information technology (IT) services and steel sectors, which coll
Despite repeated promises and agreements, the Pakistani government has once again failed to honour its financial commitments under the China-Pakistan Economic Corridor (CPEC), with outstanding payments to Chinese power producers ballooning to PKR 423 billion by June 2025, The Express Tribune
Asset under management (AUM) of infrastructure investment trusts (InvITs) is expected to cross Rs 8 lakh crore by fiscal 2027 from Rs 6.3 lakh crore in fiscal 2025, according to a latest report by Crisil Ratings.
Adani Energy Solutions Ltd (AESL) on Thursday reported that its profit after tax (PAT) saw a sharp uptick of 71 per cent year-on-year to Rs 539 crore during the April-June quarter of 2025-26 fiscal.
India's tyre sector will see steady revenue growth of 7-8 per cent this fiscal, driven by replacement demand that accounts for half of annual sales, even as offtake by original equipment manufacturers (OEMs) will likely be subdued and exports steady, said Crisil Ratings in a report.
Billions of rupees have been spent by Pakistan's civil law enforcement agencies under the country's Interior Ministry during the 2023-24 fiscal year on items ranging from jogger shoes and warm trousers to advance payments for undelivered boats and excessive ice purchases--often without adher
Additional Chief Secretary of the Madhya Pradesh Science and Technology Department, Sanjay Dubey, said that if Spanish investors are considering making investments, they should consider MP as a "key contender", highlighting the state's tailor-made policies and fiscal incentives.
In order to achieve Andhra Pradesh's vision for 2047 to become USD 2.4 trillion economy by 2047, a report by the Confederation of Indian Industry (CII) suggests time-bound approvals, consistent policies, and a legislative mechanism to safeguard announced incentives.