India Inc’s international borrowings decline by 29% in April-August 2022

India Inc raised almost 29 per cent to $7.669 billion by means of exterior business borrowing (ECB) within the first 5 months of FY23 as in opposition to $10.8726 billion within the year-ago interval. The decline comes at the same time as corporations more and more faucet home banks for loans. Rising rates of interest … Read more

India Inc.: Upgrades enhance India Inc’s well being

MUMBAI: Native firms acquired a document variety of ranking upgrades for the primary half of the fiscal 12 months in comparison with downgrades, lending additional credence to the evaluation that India is essentially remoted from a turbulent international economic system as a result of its low home consumption demand. Is. India’s credit score ratio, the … Read more

India Inc’s international direct funding fell 59%

New Delhi: India Inc’s international direct funding declined 59 per cent year-on-year in August this 12 months. India Inc.’s international direct funding in August is $1.03 billion. This has been revealed from the information launched by the Reserve Financial institution of India (RBI). As per the information, the Overseas Direct Funding (OFDI) for August 2022 … Read more