Giri world

India has launched PaRRVA, a groundbreaking independent agency by NSE and Care Ratings, to verify performance claims in securities markets. This initiative aims to boost investor trust by ensuring risk-return metrics are independently validated, setting a global benchmark for transparency and accountability in financial markets. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/eLNACcy >

In a turbulent turn of events, IndiGo's share price has dipped by 8.3% as the government takes a hardline approach in response to the airline's ongoing operational hurdles. Investors are feeling the sting, with losses exceeding Rs 37,700 crore. Moody's has raised alarms about potential credit risks fueled by these financial setbacks. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/fPVTOa5 >

Home loan borrowers are set to benefit as major banks, including HDFC Bank, PNB, and Bank of Baroda, have reduced lending rates following the RBI's 25 basis point repo rate cut. These adjustments to MCLR, RLLR, and RBLR will lead to lower EMIs or shorter tenures for eligible borrowers, offering significant relief on retail loan interest costs. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/cvq7Jjb >

The Reserve Bank of India plans to inject Rs 1.5 lakh crore into money markets. This move aims to ease liquidity and support an interest rate cut. Analysts suggest this may be temporary, with more steps needed later. The RBI might use reserves if the rupee weakens, impacting banking system liquidity. A forex swap will add durable rupee liquidity. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/5v2KUiI >

Korean esports giant Krafton is investing $200 million in India over the next 3-4 years, focusing on acquisitions in digital and tech, business expansion, and global game development from its Bangalore center. The company's operations remain unaffected by the online real-money gaming ban, with its India MD viewing the move as positive for the structured growth of the esports industry. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/JlzRTN8 >

The Ministry of New and Renewable Energy (MNRE) has denied reports of advising lenders to halt financing for renewable energy projects. The ministry clarified it shared information on solar PV manufacturing capacity to aid informed financing decisions, reaffirming commitment to self-reliance in the sector. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/zUC2tT4 >