By Anup Roy Bloomberg
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- News
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Paytm Crackdown Signals More RBI Scrutiny on India Banks
India stunned investors last month by abruptly suspending most activities of the banking affiliate of Paytm, a once high-flying fintech star that had attracted backing from Warren Buffett and SoftBank Group Corp. While the Paytm case was an extreme example of lapses in customer verification — it allegedly used a single identity document to open t...
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Cricket World Cup May Add Rs 22,000 Crore To Indian Economy: Report
The Cricket World Cup may boost host country India's economy by as much as Rs 22,000 crore ($2.6 billion), economists at Bank of Baroda estimate.
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Working Moms-In-Law Lift Female Employment In India, Study Says
Women in India are far more likely to seek formal employment if their mother-in-law has a job, a study has found.
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iPhone Breakthrough Masks India's Struggle to Be Next Manufacturing Hub Like China
India is poised to hold the title of the world’s fastest-growing large economy in the next three years. Apple recently started manufacturing iPhones in the country, in a significant break from its practice of reserving much of that for giant Chinese factories run by its main Taiwanese assemblers, a key win for Prime Minister Narendra Modi’s “...
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Best Performing State In India Is... New Report Uses 7 Criteria
Maharashtra is India's best performer, state rankings released by a domestic credit rating company showed, highlighting its robust position on finances and social indicators.
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RBI Heads For Its Third Half-Point Hike As Rupee Slumps To Record Lows
RBI is expected to hike rates by half a point for the third time in a row on Friday.
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RBI Rates To Return To Pre-Pandemic Levels; By How Much Is The Puzzle
India's central-bank watchers agree that interest rates will be raised to pre-pandemic levels on Friday, yet they are split on the size of the increase aimed at fighting inflation and propping up a weak currency.
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Paytm Crackdown Signals More RBI Scrutiny on India Banks
India stunned investors last month by abruptly suspending most activities of the banking affiliate of Paytm, a once high-flying fintech star that had attracted backing from Warren Buffett and SoftBank Group Corp. While the Paytm case was an extreme example of lapses in customer verification — it allegedly used a single identity document to open t...
-
Cricket World Cup May Add Rs 22,000 Crore To Indian Economy: Report
The Cricket World Cup may boost host country India's economy by as much as Rs 22,000 crore ($2.6 billion), economists at Bank of Baroda estimate.
-
Working Moms-In-Law Lift Female Employment In India, Study Says
Women in India are far more likely to seek formal employment if their mother-in-law has a job, a study has found.
-
iPhone Breakthrough Masks India's Struggle to Be Next Manufacturing Hub Like China
India is poised to hold the title of the world’s fastest-growing large economy in the next three years. Apple recently started manufacturing iPhones in the country, in a significant break from its practice of reserving much of that for giant Chinese factories run by its main Taiwanese assemblers, a key win for Prime Minister Narendra Modi’s “...
-
Best Performing State In India Is... New Report Uses 7 Criteria
Maharashtra is India's best performer, state rankings released by a domestic credit rating company showed, highlighting its robust position on finances and social indicators.
-
RBI Heads For Its Third Half-Point Hike As Rupee Slumps To Record Lows
RBI is expected to hike rates by half a point for the third time in a row on Friday.
-
RBI Rates To Return To Pre-Pandemic Levels; By How Much Is The Puzzle
India's central-bank watchers agree that interest rates will be raised to pre-pandemic levels on Friday, yet they are split on the size of the increase aimed at fighting inflation and propping up a weak currency.
