Adani group witnessed significant market losses, with two Adani stocks dropping 20%. Gaudam Adani indicted in US: Following the US prosecutors’ indictment of Gautam Adani and…
Browsing: Credit
MUMBAI: Online spends through credit cards have continued to surge driven by e-commerce discounts. In September 2024, credit card users spent Rs 1,15,168 crore online, accounting…
NEW DELHI: Finance minister Nirmala Sitharaman has said there is a need for sovereign ratings to adequately account for emerging market and developing economies (EMDEs) economic…
MUMBAI: Non-bank lender Piramal Enterprises on Wednesday said its September quarter net profit tripled to Rs 163 crore on a low base, but flagged risks from…
MUMBAI: Open Network for Digital Commerce, a non-profit entity set up by the commerce ministry and the department of promotion of industry and internal trade, has…
OLDWICK, N.J., August 07, 2024–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of…
This past weekend’s Newsletter discussed how yield curve un-inversions have an excellent track record of predicting recessions. Another historically reliable indicator of recessions is weakness in…
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