Indian Economy & Business Analysis

India’s GDP is projected to grow by 6.7% during Q3’FY24 as per RBI’s state of the economy report published yesterday. However, its projection may be conservative as it had projected…

The recent move by RBI to increase the risk weight on certain categories of retail loan and bank loan to NBFCs is a pre-emptive measure to manage the buildup of…

GDP (Gross Domestic Product) of Indian economy recorded growth of 7.6% during July-Sept’23 quarter (Q2’FY24) as per the data released by NSO (National Statistical Office) today. Growth rate for first…

State Bank of India (SBI), the largest bank in the country, has managed a remarkable turnaround, generating profits of over Rs 50,000 crore after making losses just a few years…

Housing Finance Companies (HFC) are facing an identity crisis which began with the DHFL scam a few years ago and now, the merger of HDFC Ltd, the largest housing finance…

India’s persistent current account deficit (CAD) is financed by the flow on capital account which forms the other part of international balance of payment. Some of the major elements of…

India imported merchandise goods worth $721 bn against exports of $456 bn in FY23 leading to trade deficit of $265 bn. While India faces significant merchandise trade deficit, it generated…

India continues to record huge trade deficit with imports exceeding exports by a significant margin over last twenty years. Cumulative trade deficit for India stands at little less than $900…

Tata Steel reported losses for the latest quarter ended Dec’22. Coming soon after an exceptional FY22, this shows the vulnerability of its international business which overshadows the strong domestic financials.…

Crude oil refining industry in India has carved a niche for itself despite huge dependency on crude oil imports, price volatility and above all, an economic imperative to keep the…