economic challenges India

India Becomes 4th Largest Economy: What students need to know about GDP, economic growth & global rankings – Times of India

alishpagda08@gmail.com2 months ago08 mins

India becomes 4th largest economy India has officially outpaced Japan to become the world’s fourth-largest economy, marking a historic leap that carries profound implications for its future and global influence.Speaking at a press conference after the 10th Governing Council meeting of NITI Aayog, the think tank’s CEO, B V R Subrahmanyam, confirmed: “We are the…

Large Indian NBFIs poised to outperform amid economic and regulatory challenges: Fitch Ratings – The Times of India

alishpagda08@gmail.com6 months ago05 mins

NEW DELHI: India’s large non-bank financial institutions (NBFIs) are better positioned to weather economic and regulatory challenges compared to their smaller counterparts, according to Fitch Ratings.While softer economic conditions, tighter bank funding, and asset quality concerns are expected to affect the sector’s credit growth and profitability in the near term, larger NBFIs with robust operations…