Money & Markets
India’s banking sector in five chartsIndia’s banks have been plagued by challenges ranging from bad loans to shrinking profitability in the last few years.
Updated July 21, 20221 min read
India’s banks have been plagued by challenges ranging from bad loans to shrinking profitability in the last few years.
India is thirsting for sugary soft drinks, even as much of the world is losing its appetite for these unhealthy beverages.
Indians still believe the traditional referral method works best when it comes to finding a new job.
The top echelons of Indian banks are dominated by women. Female bankers, such as HSBC India’s Naina Lal Kidwai and ICICI Bank’s Chanda Kochhar, have been steering some of the biggest financial institutions in the country for years now. But, strangely, lower down the corporate ladder, especially in the mid-managerial level, the banking industry is still dominated by men.
This post has been updated.
The Tata group, India’s salt-to-steel conglomerate, is once again the country’s most valued brand. A new ranking by Interbrand, a global brand consultancy, has valued the Tata brand at Rs66,940 crore ($10 billion).
Japanese prime minister Shinzo Abe will visit India today (Dec. 11) on a three-day trip. While the Twitter bromance between Abe and India’s prime minister Narendra Modi is fairly steady, it is time to take the relationship to another level and talk about money.
In 2014, India was the biggest receiver of remittances—money sent back home by non-residents—in the world.
Nearly 200,000 women and children are currently missing in India.
As the rains continue to fall on the southern Indian city of Chennai, so do the records. Dec. 3 was the wettest December day for the city in over 100 years. The weather and subsequent flooding have already claimed 270 lives, disrupted electricity and phone service in many areas, and forced the city’s airport to shut. And Chennai is expected to receive more rain over the next 48 hours.
For India, 2015 was the year of rate cuts with the Reserve Bank of India (RBI) slashing the key lending rate four times.
India’s GDP expanded at 7.4% in the second quarter of the current financial year. With these growth figures, Asia’s third largest economy not only exceeded expectations—analysts polled by Reuters had pegged the GDP growth at 7.3% for the quarter—but has also outpaced China (6.9%).
India’s gross domestic product (GDP) grew at 7.4% in the three months that ended on Sept. 30.
India boasts of some of the world’s biggest alcohol companies.
The winter session of the Indian parliament starts today (Nov. 26)—and there’s a lot on the line for prime minister Narendra Modi. The legislative agenda for the session includes over 30 bills, which are either pending or slated to be introduced.
For a country of over 1.2 billion people, India doesn’t actually have too many government personnel.
First he became the face of yoga in India. Now, he is taking on major global consumer goods companies with products ranging from herbal tea and fruit juices to toiletries.
More Indians are getting on the internet than ever before.
The head of India’s largest mobile network operator, Bharti Airtel, has given his verdict on Mukesh Ambani’s highly awaited telecom venture, Reliance Jio.
It was one of the biggest insider trading scams in the high-risk, testosterone-fuelled financial stratosphere of Wall Street.
On his 28th foreign trip since taking office last year, Indian prime minister Narendra Modi landed in the UK yesterday (Nov. 12) with ambitions of sealing business deals worth some $13 billion over three days.
InterGlobe Aviation, which owns India’s most successful budget carrier IndiGo, made its debut on the markets today (Nov. 10)—and its shares are flying.
This post has been updated.
The cost of the massive Tianjin port blasts that rocked China in August is still being assessed, and the latest victim to make its damage public is Tata Motors, India’s largest automobile company.