Looking ahead Asian investors eagerly await China’s loan prime rate decision scheduled for Tuesday. This follows the recent reduction of key lending rates by the world’s second-largest economy. The outcome of this decision holds significant importance for the financial landscape. In a rather tumultuous turn of events, the Asia markets experienced a predominantly downward trajectory on Monday.

Tiger Global backed Coinswitch planning a foray into the Indian stocks trading market

As per FY23 financials Adani Capital, its loan book stood at ₹2,690 crore and net profit at ₹90.68 crore. It largely operates out of four business verticals – farm equipment loans, commercial vehicle loans, business loans, and supply chain finance. The lender also has a housing finance arm.

Bharti Airtel is considering an offshore bond offering to generate up to $1 billion, or roughly Rs 8,200 crore, to pay off high-cost debt, strengthen its balance sheet, and cover

SoftBank holds an 11.17 percent stake in Paytm and 3.4 percent in Zomato. However, following the news of the potential stake sale, shares of One97 Communications declined by 1.5 percent, trading at Rs 878.50 apiece on the BSE. Zomato’s stock initially opened 0.8 percent higher on June 16 but later leveled off.

In recent days, there has been a surge in bullish options trades on several US-listed Chinese exchange-traded funds (ETFs).

According to two insiders, if the transaction is completed, it will become the largest procurement of road projects by the private equity (PE) firm, headquartered in the United States, in

The US Federal Reserve clings to crucial interest rates but implies future rate booms to curb towering inflation. F

In a surprising move, the Indian government has decided to lower the import duties on refined soybean oil and refined sunflower oil. This decision comes as a stark contrast to the market’s expectations, as many anticipated a duty hike. The objective behind this action is to curb food inflation, especially considering the recent decline in both domestic and international edible oil prices.

The Axis Bank underwent a series of block deals, transacting a 0.6 percent stake that unleashed the exchange of 2.25 crore shares, valued at a staggering Rs 2,178 crore.

In the month of May, Indians will witness a consecutive second decline in India’s wholesale prices, primarily attributed to the decrease in commodity prices. According to government data, the wholesale price index (WPI) experienced a significant drop of 3.48%, surpassing economists’ expectations of a 2.35% decrease. This decline follows a 0.92% fall observed in April, indicating a continued alleviation of inflationary pressures. This article delves into the key factors that have contributed to the decline in wholesale prices and analyzes its implications for the Indian economy.

According to Union Finance Minister Nirmala Sitharaman, India’s Gross Domestic Product (GDP) would reach $3.75 trillion in 2023 from over $2 trillion in 2014. India was referred to as a