Large Indian NBFIs poised to outperform amid economic and regulatory challenges: Fitch Ratings

[ad_1] NEW DELHI: India’s large non-bank financial institutions (NBFIs) are better positioned to weather economic and regulatory challenges compared to their smaller counterparts, according to Fitch Ratings.While softer economic conditions, tighter bank funding, and asset quality concerns are expected to affect the sector’s credit growth and profitability in the near term, larger NBFIs with robust…

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HPCL net profit more than triples in Q3

[ad_1] NEW DELHI: Hindustan Petroleum Corporation Ltd (HPCL) on Thursday reported more than tripling of its December quarter net profit as marketing margins soared. Consolidated net profit stood at Rs 2,543.65 crore in October-December 2024 – the third quarter of April 2024 to March 2025 fiscal year (FY25) – compared with Rs 712.84 crore earning…

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Budget 2025 Expectations Live Updates: Will FM Nirmala Sitharaman lower income tax rates to boost consumption, GDP growth?

[ad_1] Budget 2025 Expectations Live: Make India a global manufacturing hub “We anticipate that the 2025 Union Budget will create an environment conducive to India’s ambition of becoming a global manufacturing hub. The growth of the manufacturing sector is vital for India to generate significant employment opportunities and to become the third-largest economy by 2027….

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Donald Trump forms internal committee in a bid to ‘make America the world capital’

[ad_1] US President Donald Trump announced forming an internal committee in a bid to advance America’s position in the world of cryptocurrencies. The executive order also prohibited the development of central bank digital currencies (CBDCs) and pledged to remove any unnecessary regulations.Trump also highlighted the upward momentum of cryptocurrencies, and said they are “going up.”About…

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