The Banking & Insurance sector – often referred to as the lifeblood of the real economy – is of vital importance in the modern credit-driven economic growth model. Among its functions are intermediation between savers and borrowers, ensuring funds are allocated efficiently; support of payment and settlement systems that facilitate trade and international economic relations; and provision of various products that mitigate risk and uncertainty. The accelerating pace of technological change, stricter regulation and shifting consumer habits are reshaping the traditional banking model and pushing the sector towards innovation-led growth.
Activities associated with Banking & Insurance are depositary and non-depositary credit intermediation and related activities, investment banking, securities brokerage, commodity contracts dealing and diverse financial investment activities. The sector also includes insurers, re-insurers and insurance brokerages, pension funds, health and welfare funds, monetary authorities, stock exchanges, and collection and credit agencies.
India's textiles and garments sector faced persistent obstacles in fiscal year 2024. The Indian market was inundated with imported man-made fibres (MMFs), primarily from China. In response, the government implemented a minimal import price ...
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India is a major global player in the gems and jewellery industry. Approximately 90% of the world's rough diamonds mined worldwide pass through India, where they are polished and processed. After China, India is the world's second most voracious gold ...
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The populations of India and China are similar, but the Chinese telecom customer base is still considerably higher compared to that of India. The level of affluence of Indian consumers is still relatively low, which translates into relatively low ...
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The Indian insurance sector is critical to the nation's financial system, offering financial protection to individuals and enterprises. It includes life and non-life insurance segments, each of which contributes to India's economic stability and ...
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Brent crude prices in Q4 FY2024 averaged USD 83.0/bbl, a 2.2% y/y increase in contrast to a 0.9% q/q decline. In each of the three months in Q4 FY2024, Brent crude prices increased m/m due to the simmering tensions of a larger conflict in the Middle ...
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Robust economic activity and rising electrification, the key drivers of power demand, coupled with the rapid expansion of clean energy capacity and regulatory reform, have created a favourable environment for India's power sector ...
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In Q3 FY2024, Brent crude prices averaged USD 83.8/bbl, a decline of 3.3% q/q and 5.4% y/y due to high stockpiles in the US and a slowdown in China, raising concerns about sustained demand. In each of the months of Q3 FY2024, Brent crude prices ...
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India's banking sector is composed of public sector banks, private sector banks, foreign banks, small finance banks, co-operative banks (urban and rural), and non-banking financial institutions (NBFIs). The sector is regulated and governed by the ...
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India is one of the world's most significant food & beverage producers. It occupies leading positions in the global production of rice, wheat, maize, centrifugal sugar, soybean meal, soybean oil, coffee, banana, poultry meat, milk, and shrimp. ...
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India's construction sector is a cornerstone of the national economy, playing a pivotal role in employment generation, the creation of state-of-the-art infrastructure, housing development, and contributing to economic growth through its multiplier ...
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