It will take 346 years for you to match your MP's assets

The average assets of an MP are now 345.8 times that of an annual income of a tax-filing individual, reports Sachin P Mampatta. The gap between members of Parliament (MPs) and their......

India's Share Of Global FDI Inflow Climbs To 4.2% in Q1 of FY23

This is despite the fact that total FDI into India has fallen by 22 per cent from $58 billion in FY22 to $46 billion in FY23. Illustration: Dominic Xavier/Rediff.com India's share gain of foreign......

Accenture guidance delays hopes of demand pick-up for Indian IT: Analysts

At a time when the market is betting on a ‘higher for longer’ global interest rate view, Accenture’s (ACN) weak revenue forecast is a negative read-through for the Indian IT......

Is Bajaj Fin preparing to fight Jio Fin with fund raise? Analysts weigh in

India's biggest non-bank finance company, Bajaj Finance (BAF), is set to raise capital after a gap of four years. On October 5, the board of directors will meet to approve the fund raise by way of......

Headwinds ahead for NBFCs

In August, the Reserve Bank of India Governor Shaktikanta Das held a meeting with chief executive officers/ managing directors (CEOs/ MDs) of large non-banking financial corporations (NBFCs).......