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India Economy

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Kisan Vikas Patra Interest Rates Maintained: Investment Maturity Set at 115 Months
Posted inEconomy

Kisan Vikas Patra Interest Rates Maintained: Investment Maturity Set at 115 Months

The Indian government has officially confirmed that the interest rate for the Kisan Vikas Patra (KVP) scheme will remain steady at 7.5% for the July-September quarter of the current fiscal…
Posted by Prasenjit Bhowmik July 7, 2026
India's GST Revenue Climbs to ₹1.95 Lakh Crore in June Driven by Import Surge
Posted inEconomy

India’s GST Revenue Climbs to ₹1.95 Lakh Crore in June Driven by Import Surge

Strong Growth in GST CollectionsIndia's gross Goods and Services Tax (GST) collections reached ₹1.95 lakh crore in June, marking a 13.9% increase compared to the same period last year. This…
Posted by Prasenjit Bhowmik July 6, 2026
AU Small Finance Bank Faces Growth Hurdles Amid Economic Shifts
Posted inMarket

AU Small Finance Bank Faces Growth Hurdles Amid Economic Shifts

AU Small Finance Bank grapples with economic shifts and vehicle financing challenges, raising questions about its future growth trajectory.
Posted by Prasenjit Bhowmik July 6, 2026
Utkarsh Small Finance Bank Reports Steady Q1 Growth Amid Sector Shifts
Posted inBusiness Insights

Utkarsh Small Finance Bank Reports Steady Q1 Growth Amid Sector Shifts

Utkarsh Small Finance Bank (USFB) announced steady growth in its preliminary business update for the first quarter of the current fiscal year, reporting a 2% year-on-year increase in gross loans…
Posted by Prasenjit Bhowmik July 6, 2026
IndusInd Bank Reports Mixed Q1 Performance as Deposits Climb Amid Credit Contraction
Posted inBusiness Insights

IndusInd Bank Reports Mixed Q1 Performance as Deposits Climb Amid Credit Contraction

IndusInd Bank's Q1 results show strong deposit growth offsetting a credit slowdown, revealing a strategic balance in a challenging market.
Posted by Prasenjit Bhowmik July 5, 2026
India's Fiscal Deficit Widens to ₹1.62 Lakh Crore Amid Strong Capex Push
Posted inEconomy

India’s Fiscal Deficit Widens to ₹1.62 Lakh Crore Amid Strong Capex Push

Fiscal Performance in Early FY27The Indian central government reported a fiscal deficit of ₹1.62 lakh crore for the first two months of the 2026-27 financial year, representing a strategic uptick…
Posted by Prasenjit Bhowmik July 5, 2026
RBI Reports India's Financial Resilience Amid Global Economic Uncertainty
Posted inEconomy

RBI Reports India’s Financial Resilience Amid Global Economic Uncertainty

Strengthened Financial StabilityThe Reserve Bank of India (RBI) declared in its June Financial Stability Report (FSR) that the nation's financial system remains robust and better positioned than many global peers…
Posted by Prasenjit Bhowmik July 5, 2026
Axis Bank Reports Robust Q1 Growth: Advances and Deposits Surge
Posted inMarket

Axis Bank Reports Robust Q1 Growth: Advances and Deposits Surge

Axis Bank, one of India's leading private sector lenders, announced a significant performance uptick for the first quarter ending June 30, 2026, reporting an 18.8% year-on-year growth in gross advances…
Posted by Prasenjit Bhowmik July 5, 2026
AU Small Finance Bank Posts Strong Q1 Growth Amid Expanding Deposit Base
Posted inBusiness Insights

AU Small Finance Bank Posts Strong Q1 Growth Amid Expanding Deposit Base

AU Small Finance Bank's Q1 results reveal impressive deposit and loan growth, showcasing strong financial health and strategic expansion.
Posted by Prasenjit Bhowmik July 5, 2026
Greaves Cotton Pivots Beyond Diesel: A Strategic Shift in Industrial Manufacturing
Posted inBusiness Insights

Greaves Cotton Pivots Beyond Diesel: A Strategic Shift in Industrial Manufacturing

Mumbai-based engineering firm Greaves Cotton is aggressively restructuring its business model to reduce its historical dependence on diesel-powered three-wheeler engines, signaling a permanent shift toward electrification and diversified industrial solutions.…
Posted by Prasenjit Bhowmik July 5, 2026

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