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TREND | 18 Jun 2025

Shriram Finance to revise interest rates on fixed deposits from June 26

Business Standard

Shriram Finance Ltd, the flagship company of the diversified conglomerate Shriram Group would revise its interest rates on fixed deposits with effect from June 26, the company said on Wednesday. As per the revised structure, senior citizens (aged 60 years and above at the time of deposit or renewal) would be eligible for an additional interest of 0.50 per cent per annum while women depositors would receive an additional 0.05 per cent per annum on fixed deposits. For deposits of 12 months, the existing rate of 7.35 per cent would be revised to 7.65 per cent while for deposits made through digital mode for a period of 15 months would be revised to 7.90 per cent from the current 7.50 per cent, Shriram Finance said in a company statement on Wednesday. For 18 months, the interest rates would be revised to 7.80 per cent (current 7.40 per cent), 24 months 7.90 per cent from the existing 7.50 per cent. Interest rates would be revised to 8.40 per cent on deposits with a tenure of 36, 50 and

India Macro Indicators

TREND | 16 Jun 2025

WPI inflation falls to 14-month low in May as food, fuel prices dip

Business Standard

Price rise also decelerated in the manufactured products category, showed data

India's WPI inflation dips to 0.39% in May, lowest level in 14 months

Business Standard | 16 Jun 2025

India Macro Indicators

TREND | 16 Jun 2025

India's Wholesale Inflation Falls To 14-Month Low In May

NDTV Profit

Commodities across the board saw a fall in wholesale prices.

India Macro Indicators

TREND | 16 Jun 2025

Pidilite Industries, Navin Fluorine Get Ratings Upgrade From Morgan Stanley On Improved Growth Outlook

NDTV Profit

Morgan Stanley also hiked the target price of Pidilite Industries and Navin Fluorine International Ltd.

India Macro Indicators

TREND | 13 Jun 2025

Moody's Upgrades Yes Bank Rating On Improved Credit Profile

NDTV Profit

Moody's has upgraded its Baseline Credit Assessment (BCA) by a notch to Ba2 from Ba3 for Yes Bank.

India Macro Indicators

TREND | 12 Jun 2025

India drops to 131st spot in WEF Gender Gap index, down from 129 in 2024

Business Standard

India has ranked 131 out of 146 countries in the World Economic Forum's Global Gender Gap Report 2025, slipping two places from its position last year. With a parity score of just 64.1 per cent, India is among the lowest-ranked countries in South Asia, according to the report released on Thursday. India ranked 129 last year. The Global Gender Gap Index measures gender parity across four key dimensions: Economic Participation and Opportunity, Educational Attainment, Health and Survival, and Political Empowerment. The Indian economy's overall performance improved in absolute terms by +0.3 points. "One of the dimensions where India increases parity is in Economic Participation and Opportunity, where its score improves by +.9 percentage points to 40.7 per cent. While most indicator values remain the same, parity in estimated earned income rises from 28.6 per cent to 29.9 per cent, positively impacting the subindex score," the report said. Scores in labour force participation rate rem

India Macro Indicators

TREND | 12 Jun 2025

Retail inflation dips to 6-year low of 2.82% in May

Business Line

Vegetable prices (like tomatoes) have seen some uptick in recent days on account of heavy rainfall in certain parts of the country

Retail inflation falls to 2.82% in May, lowest since February 2019

Business Standard | 12 Jun 2025 7 more

India Macro Indicators

TREND | 12 Jun 2025

India's Corporate Profit-To-GDP Standing Tall At A 17-Year High Read Motilal Oswal's Analysis

NDTV Profit

In 2025, the corporate profit-to-GDP ratio for the Nifty-500 Universe remained at 4.7%, marking a 17-year high

India Macro Indicators

TREND | 11 Jun 2025

Warner Bros' credit rating downgraded to junk by Fitch on split-up

Business Standard

On Monday, the entertainment conglomerate announced plans to split into two publicly traded companies

India Macro Indicators

TREND | 11 Jun 2025

Ikea plans to enhance sourcing from India to 50%: Swedish minister

Business Standard

Global home decor and furniture retailer IKEA has ambitions to increase sourcing from India to 50 per cent, Swedish trade minister Benjamin Dousa said on Wednesday. IKEA's sourcing basket includes textiles, plastics, and metals, among others, and the company plans to add more items. Swedish Minister for International Development Cooperation and Foreign Trade Benjamin Dousa said that India is aiming to increase the share of manufacturing in the country's GDP and Sweden is a partner in this endeavour. "One example is IKEA that has communicated to their ambition to amplify sourcing locally from India to 50 per cent for its global operations from the current 30 per cent," he said here while addressing businesses of India and Sweden. Presently, Europe is IKEA's biggest supplier, followed by America and Asia, in which China leads. IKEA has been sourcing from India for the last five decades, though it started its retail operation in India in 2018 by opening its first store in Hyderabad,