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Microfinance loan portfolios have been declining since April 2024, according to industry leaders. This trend began after reaching a high of Rs 3.43 lakh crore. The decrease is attributed to loan repayments exceeding new loan disbursements across the sector.
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News and Media
South Korea is seeking favorable terms for United States tariffs on memory chip imports. The country previously secured an agreement ensuring it would not face unfavorable treatment compared to competitors. South Korea's trade minister stated that U.S. tariffs on some advanced computing chips will have a limited impact.
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News and Media
European nations are reeling from US President Donald Trump's tariff threat. Eight countries face a 10 percent tariff for opposing American control of Greenland. Leaders warn of a dangerous downward spiral for transatlantic relations. China and Russia stand to benefit from these divisions. European Union envoys are holding emergency talks to determine a response.
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News and Media
Indian equities closed higher as a strong earnings surprise from Infosys boosted risk appetite and lifted IT stocks, helping Sensex and Nifty hit intraday highs. However, profit booking capped gains by the close. Analysts flagged mixed global cues, sector-specific strength and cautious technical signals.
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News and Media
The strong investor response to the initial public offering of Bharat Coking Coal Ltd has boosted confidence within CIL and provided positive momentum as the company evaluates the listing of its other subsidiaries, Chairman-cum-Managing Director B Sairam said.
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News and Media
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