New Delhi: India’s trade resilience remains strong despite the 25% tariff imposed by US President Donald Trump on Indian goods, with the country’s broader export base and strong domestic fundamentals helping buffer the shock, industry body PHD Chamber of Commerce and Industry (PHDCCI) said. A white paper released by the industry body estimates that while…
Mumbai: The Reserve Bank of India on Wednesday issued final guidelines on co-lending arrangements, mandating that each lender that is part of such a mechanism must keep at least 10% of the loan originated on their book. The final norms also require the loan originator to transfer the loan to the co-lender within 15 days…
| Mumbai: The Reserve Bank of India (RBI) has ruled out any ban or curbs on bancassurance, even as concerns mount over rampant misselling of insurance products by bank staff. Addressing a post-policy conference on Wednesday, Governor Sanjay Malhotra backed the insurance regulator’s stance that the distribution of insurance products through banks should not be…
Media and entertainment conglomerate Walt Disney Company has projected an equity loss of approximately $200 million for the year ended September from its India joint venture with Reliance Industries Ltd, primarily driven by purchase accounting amortization, suggesting that integration costs or performance issues remain in the country. Disney recorded a $50 million loss from the…
The Reserve Bank of India (RBI) governor Sanjay Malhotra addressed the media after the end of the monetary policy committee (MPC) meeting on Wednesday, discussing key issues such as inflation, growth, tariff, and credit growth. The six-member MPC voted unanimously to keep the repo rate unchanged at 5.5% and maintain the policy stance at ‘neutral’,…
As streaming companies like Apple back theatrical hits in the West and platforms including Prime Video attempt to bring the model to India, experts said the strategy could give them an additional source of revenue. Rather than pay hefty acquisition fees only to stream films, they could also experiment with turning out films by partnering…
Millennials may not have the Gen Z enthusiasm for Saiyaara as they grew up in an era when romance as a genre was at its peak; though the warm response to movies like Sanam Teri Kasam, Yeh Jawaani Hai Deewani, and Jab We Met, upon their re-release suggest that Indian audiences, in both generations, are…
“You can’t box consumers anymore. Their choices depend on the moment, the occasion and the emotion. Sometimes they’re price-sensitive, and other times, they want indulgence. And it could all happen on the same day.” Allen, who leads one of the world’s most influential consumer practice networks, was in India tracking the country’s evolving retail ecosystem….
VinFast makes everything from e-scooters to e-buses, and will initially use the facility for the Indian market. The company has opened bookings for two of its premium electric SUV models: VF 6 and VF 7. The Thoothukudi plant will also serve as an export hub for the company. Unlike its Indian rivals, VinFast, presumably, will…
Customers of platforms including AAO NXT, discovery+, Chaupal and Sun NXT say it is common for payments to get stuck, not to be able to resume a show from where they left it, or not get recommendations tailored to individual tastes. In these aspects, foreign platforms such as Netflix and Prime Video score well and…