Page 2 - Krity Ambey

PNB's foreign bank MoU 10-15 days away, says MD & CEO Ashok Chandra

We have enough room to grow credit at the pace at which overall deposits are growing says Ashok Chandra MD & CEO of PNB

India-New Zealand FTA expected to boost trade diversification strategy

The trade pact, effective Tuesday, offers duty-free access to Indian exports, targeted tariff concessions and a $20 billion investment commitment as both nations aim to double trade by 2030

IIFCL, two Coal India units to list on D Street in FY27: Dipam Secretary

DIPAM Secretary Arunish Chawla said the "momentum" in stake sales and public offerings would continue in FY27

Maintained complete integrity for IDBI privatisation: Dipam secy Chawla

DIPAM Secretary Arunish Chawla discusses the ₹52,878 crore IDBI Bank stake sale, Fairfax's RBI clearance, disinvestment plans, capital receipts and the government's dividend outlook.

First tranche of India-US deal close to conclusion, says Piyush Goyal

India and the US are finalising the legal text of the first tranche of their trade deal, with New Delhi seeking a competitive tariff advantage before operationalising the agreement

India's trade deficit widens to $30.21 bn in Sep from $26.86 bn in August

Merchandise exports jumped 23 per cent year-on-year to a four-month high of $44.40 billion, while imports rose nearly 11 per cent to $74.61 billion

AI gains may translate into income growth in 5 years for India: Orlik

Bloomberg Economics Chief Economist Tom Orlik said AI-driven productivity gains could add up to 0.9 percentage points to India's annual GDP growth

21 strategic PSU stake sales in 26 years as IDBI Bank joins the list

The sales of BALCO, VSNL and Hindustan Zinc in the early 2000s, followed by transactions involving THDC India, NEEPCO and Air India, account for much of this history

India working to develop relations with China 'once again', says Goyal

Commerce Minister Piyush Goyal said India is working to develop relations with China again, but stressed that the journey remains unfinished and must ensure fair, stable engagement

RBI to continue efforts to contain rupee volatility: FM Nirmala Sitharaman

Open to views on long-term capital gains tax and securities transaction tax, says FM Nirmala Sitharaman

FTAs to push global carmakers to make in India, says Piyush Goyal

Piyush Goyal says calibrated tariff concessions on car imports under India's trade pacts with the EU and UK will help global automakers assess demand and encourage local manufacturing

Microcredit is business credit, not personal loan: Former Bandhan Bank CEO

Bandhan Group founder Chandra Shekhar Ghosh discusses microcredit, women entrepreneurs and digital lending, stressing relationship-based lending and expansion into insurance and technology

CEA calls for flexible special mention accounts norms for MSME loans

Chief Economic Adviser V Anantha Nageswaran said a uniform 90-day overdue timeline does not suit all MSMEs, as businesses across sectors have different cash flow cycles

Prolonged food inflation risk to microfinance budgets: Muthoot Microfin CEO

Muthoot Microfin plans to launch consumer durable loans and expand digital lending as it targets ₹30,000 crore in assets under management by 2030

Muthoot Microfin eyes festive demand with consumer durable loans: CEO

CEO Sadaf Sayeed says the lender plans to diversify beyond group lending, expand digital offerings and target ₹30,000 crore in assets under management by 2030

CPSEs achieve 51% of FY27 capital expenditure target in first half

Spending led by Railways and NHAI rises 12% YoY in April-September, though September outlays slide 17%

'India-US trade breakthrough unlikely soon; narrow interim deal possible'

BMI says market access, agriculture and Russian oil remain obstacles to an India-US deal, with a narrow pact likely to offer modest gains and ease policy uncertainty

Energy shock puts South Asia on inflation path: World Bank economist

"Inflation has gone up by about 3 percentage points in South Asia" since the conflict, Ohnsorge said

World Bank lifts India FY27 growth view to 7.1% on robust domestic demand

World Bank raises India's FY27 growth forecast to 7.1 per cent from 6.6 per cent but flags risks from high oil prices, El Niño and capital flow volatility

Trade negotiations with US have reached a 'plateau': FM Sitharaman

Finance Minister Nirmala Sitharaman says further concessions for either side 'very difficult'