While India’s macroeconomic health is in a “relative goldilocks situation”, the prevailing global uncertainty means these may be “nervous but exciting times” for the economy, the Ministry of Finance said on Friday. “The brief Israel-Iran war, followed by the US intervention, pushed the price of crude oil sharply higher. Its persistence would have threatened India’s
Shares of Muthoot Finance Ltd. gained nearly 6% on Friday, May 30. The shares of its peers Manappuram Finance also gained. This comes after the Finance Ministry posted on social media platform X that the Department of Financial Services (DFS) is examining the draft directions on lending against collateral issued by the Reserve Bank of
China’s finance ministry has announced the impending issuance of sovereign green bonds in London, which will mark its first overseas sale of such bonds and a concrete step following high-level economic and finance talks earlier this year. The yuan-denominated issuance will be worth up to 6 billion yuan (US$829.75 million) with specific details to be