This holiday season isnt quite so merry for American shoppers as large shares are dipping into savings, scouring for bargains and feeling like the overall economy is stuck in a rut under President Donald Trump, a new AP-NORC poll finds.
Credit demand is increasing across India. Banks are lending more to retail and service sectors. Industrial credit is also firming up. Deposit growth is steady but slower than last year. This trend is expected to continue with a repo rate reduction. Higher disposable income and GST rationalisation are also boosting demand. Rural demand remains robust, and urban demand is recovering.
Vijay Kedia said Exato Technologies stellar SME debut proves stock prices ultimately follow business fundamentals, as the AI-led tech firm nearly doubled on listing after a record 947× subscription across investor categories and strong financial performance supporting its growth story.
India and Oman are set to sign a free trade agreement. The pact will be signed during Prime Minister Narendra Modi's visit to Oman from December 17-18. This Comprehensive Economic Partnership Agreement aims to boost trade and investment between the two nations. Oman is a significant export market for India in the Gulf region.
The rupee closed at a record low of 90.41 amid strong importer dollar demand, Mexicos tariff move, lack of the India-US trade deal, and continued FPI outflows, marking a 1% December drop and nearly 6% yearly depreciation.
Nithin Kamath says Zerodha limits lending to loans against securities due to higher funding costs, tougher competition, and risks linked to unsecured credit. Lower-risk, collateral-backed loans align better with its philosophy and customer base, making them a natural extension of its broking business.
