Monday, May 20

INDIA

Festive Season To Boost Retail Credit Growth
Business

Festive Season To Boost Retail Credit Growth

Indian banks and finance companies are anticipating a strong uptick in retail credit during the upcoming festive season from September to December 2023. This optimism stems from robust demand, government initiatives, and elections in key states. However, the potential for interest rate battles is co...
PM Modi-Xi Meet At BRICS, China Calls It ‘A Candid Meeting’
World

PM Modi-Xi Meet At BRICS, China Calls It ‘A Candid Meeting’

Prime Minister Narendra Modi and Chinese President Xi Jinping had a brief meeting on the sidelines of the BRICS meeting at Johannesburg, South Africa. China said, the talk was candid, in-depth in exchange of views, and that both the countries should safeguard peace jointly, while India underlined...
BRICS Announces Expansion; 6 More Countries Added
World

BRICS Announces Expansion; 6 More Countries Added

On the occasion of the 15th anniversary of BRICS, a grouping of the economies of the global south consisted of Brazil, Russia, India, China, and South Africa, have taken the decision to expand the forum. The newly added member countries include Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and UAE....
With 72,000 Crores, AMUL To Be India’s Largest FMCG
Business

With 72,000 Crores, AMUL To Be India’s Largest FMCG

AMUL, an Indian cooperative society, took to its X handle to say that it has achieved an 18 % growth rate for 2022-23 and that the company with a turnover of 72,000 crores, that is approximately 9 billion dollars, and the cooperative has now become India’s largest FMCG brand with the new numbers. ...