Indian conglomerate ITC's value adjusts 5% lower after hotels business spin-off
(Reuters) -Indian foods-to-tobacco group ITC's market value was adjusted lower by about 5%, or 325 billion rupees ($3.8 billion), in a special trading session on Monday to account for the spin-off of ...
Ajit Ranade: Rupee depreciation is inevitable but exchange-rate volatility is not
The Reserve Bank of India should restrain its active forex intervention, while the government needs to frame policies aimed ...
ThePrint1d
India’s forex reserves continue to fall, kitty now stands 10% below peak
India’s foreign exchange reserves continue to decline, extending downhill journey for three months now. In the week that ended December 27, the country’s foreign exchange kitty declined by USD 4.112 ...
Indian private lender HDFC Bank says Q3 deposit growth outpaces loan growth
India's HDFC Bank saw quarter-on-quarter deposit growth outpace loan growth in the three months to December 31, the country's ...
BusinessMirror2d
India’s 2024 IPO boom propels renewable energy entrepreneurs into billionaires’ club
A blockbuster year for initial public offerings in India catapulted seven entrepreneurs into the dollar billionaires’ league, many of them early movers in the country’s booming renewable energy sector ...
Island3d
Rating President’s visit to India
Neville Ladduwahetty Sri Lanka’s credit ratings are somewhat positive, according to Fitch and Moody’s, but the general rating ...
EconomyNext3d
Foreign investors buy over $100 mln worth govt securities in 15 weeks
ECONOMYNEXT – Foreigners investors bought more than $100 million worth Sri Lanka government securities in last 15 weeks of ...