The corporate funding in the global solar sector has declined by 11 per cent year-on-year to USD 12 billion in January-June 2022, a Mercom Capital report released on Friday said. Corporate funding includes venture capital and private equity (VC), debt financing, and public market financing. "Total corporate funding (including venture capital funding, public market, and [...]
The Indian advertising market is forecast to grow by 16 per cent in 2022 to reach USD 11.1 billion (Rs 88,639 crore), becoming the fastest growing market globally, a report said on Thursday. This would lead to over 14.5 per cent growth by TV and 31.6 per cent on the digital side, said Dentsu Global [...]
Bank credit grew by 13.29 per cent to Rs 123.81 lakh crore and deposits by 9.77 per cent to Rs 169.61 lakh crore in the fortnight ended on July 1, RBI data showed. In the fortnight ended June 2, 2021, bank advances stood at Rs 109.28 lakh crore and deposits at Rs 154.51 lakh crore, [...]
Rating agency Icra on Thursday said it expects prices of domestic coal to remain high in the ongoing quarter as well given the supply challenges of the dry fuel during monsoon. The domestic e-auction premium on coal increased by over 400 per cent in May, thereby adversely impacting the cost structure of the base metal [...]
Domestic cigarette manufacturers are on course to record higher volume growth than the pre-pandemic levels at 5-6 per cent this fiscal, despite smuggled in cigarettes chipping away a good volume, a report said on Wednesday. Rating agency Crisil said it expects the volume to go past 93 billion sticks this year on the back of [...]
Retail inflation dropped marginally to 7.01 per cent in June mainly due to slight easing in prices of vegetables and pulses, though it remained above the Reserve Bank's comfort level for the sixth month in a row. The consumer price index (CPI) based inflation stood at 7.04 per cent in the preceding month of May [...]
What are Loan Agreements: A personal loan comes as an ideal solution for anyone looking for funds during an emergency or simply to fulfill a wish. However, the Reserve Bank of India’s data shows in the fiscal year of 2022, 9,103 loan fraud cases have happened till now. This indicates while applying for a personal [...]
Mutual funds focused on investing in fixed-income securities witnessed a heavy outflow of Rs 92,248 crore in June on uncertain macro environment, driven by expectations around an increasing rate cycle, higher commodity prices and slowdown in growth. This comes following a net outflow of Rs 32,722 crore in May and an inflow of Rs 54,756 [...]
The government on Tuesday will release the key data on June retail inflation which will be factored by the Reserve Bank in its next bi-monthly monetary policy to be announced in early August. The retail inflation has remained above 6 per cent since January this year forcing the central bank to go for two back-to-back [...]
The Supreme Court Monday sentenced fugitive businessman Vijay Mallya to four months in jail for committing contempt of court, saying he never showed any remorse nor tendered any apology for his conduct and adequate punishment must be imposed to maintain the majesty of the law. The apex court directed the Ministry of Home Affairs (MHA) [...]
