Extreme poverty nearly alleviated in India: SBI research

As the poverty rates in the country declined below 5 percent in 2024, a research study by State Bank of India also highlighted that the extreme poverty in the country has been reduced to minimal.......

Bad loans in P2P more than doubles to Rs 1,163 cr in FY24

NBFCs' P2P platforms provide an online marketplace for participants, which includes individual lenders and borrowers. Illustration: Dominic Xavier/Rediff.com Bad loans in the peer-to-peer (P2P)......

Private investments may drop below 11% of GDP: IndRa

After declining to a three-year low in FY24, the private sector investment is expected to fall further in the current financial year, India Ratings said in a research note. Illustration: Dominic......

Fitch removes Adani Energy from rating watch, first upgrade since US indictment

Fitch Ratings has removed energy infrastructure company Adani Energy Solutions Ltd (AESL) from its 'Ratings Watch Negative' list, the first upgrade by an international ratings agency since the US......

Muthoot, Manappuram Finance may shine amid rising gold prices: Analysts

A lower risk appetite among investors has driven gold, traditionally a safe-haven asset, to record highs so far this year. Image used for representation purpose only. Photograph: Heinz-Peter......

BCCI's earnings hit record highs as per latest reports

IMAGE: In FY24-25, the BCCI is expected to earn Rs 10,054 crore with the total budgeted expenditure set at Rs 2,348 crore. Photograph: Arko Datta / Reuters BCCI's healthy bank balance got......