Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Lazard boosts restructuring team as coronavirus-hit firms run into trouble
Lazard Ltd has bolstered its senior restructuring team as it seeks to win business from companies struggling to stay afloat ......
Economy
Pandemic to halt Asia's growth for first time in 60 years: IMF
Asia’s economic growth this year will grind to a halt for the first time in 60 years, as the coronavirus ......
Economy
India's exports slump almost 35% in March, outlook grim
India’s merchandise exports shrank by more than one-third from a year ago, dragged down by a fall in global demand ......
Finance
Hedge fund Abakkus ups stake in Fairfax-backed securities broking firm
Hedge fund Abakkus Asset Manager LLP has raised its stake in a securities broking firm that is backed by Canadian ......
Economy
Barclays slashes India's GDP forecast as govt extends lockdown
UK’s Barclays bank has cut India’s GDP forecast to 0.8%, from an earlier estimate of 3.5% for the financial year ......
Economy
Coronavirus lockdown to shrink global economy by 3% in 2020, warns IMF
The global economy is expected to shrink by 3.0% during 2020 in a stunning coronavirus-driven collapse of activity that will ......
Finance
Dash for cash as most investors expect drawn-out recovery: BofA survey
Investors have been hoarding cash at a rate not seen since the immediate aftermath of the 9/11 attacks of 2001, ......
Finance
Pandemic shows investment fund vulnerabilities, says G20 watchdog
Non-bank financial firms such as investment funds have exhibited vulnerabilities during the coronavirus crisis that may need fixing...
Finance
India's $28-bn microfinance sector braces for turmoil as third crisis hits in a decade
Gagan Kumar, who runs a small hair salon in Mumbai’s Borivali suburb, is a worried man these days. Kumar had ......
Finance
Gaja Capital, former HDFC Bank honcho back Sachin Bansal; value Navi Tech at $558 mn
Navi Technologies Pvt. Ltd, the financial services company set up by Flipkart co-founder Sachin Bansal, has raised funding from...
