EP MONEY

India’s service sector, which includes information technology companies, banks, restaurants, hospitals and retail stores, just delivered its strongest performance in three months. A monthly survey of business managers released this week showed that companies providing services experienced a significant jump in new customer orders during September, lifting the sector’s Purchasing Managers Index, or PMI, to […]

India is becoming a destination for clean energy manufacturing, driven by three forces: government incentives, a massive home market for renewable energy, and global companies moving away from China. Solar panel makers, wind turbine manufacturers, and electric vehicle component producers are setting up factories across the country, creating jobs and reducing India’s dependence on imports.

The Reserve Bank of India and the finance ministry have asked banks to ensure adequate cash availability at ATMs from October 15, as a precautionary measure ahead of new charges on select UPI transactions taking effect, according to people aware of the matter. The instruction comes as authorities anticipate a temporary rise in cash usage

State Bank of India, Bank of Baroda and Canara Bank have advised customers to complete important branch banking transactions in advance, ahead of a proposed three-day bank strike scheduled from September 28 to 30, 2026, urging them to rely on digital and self-service channels during the period. In messages sent to customers, SBI said certain

The age at which Indians are buying their first home is falling, with Gen Z emerging as the fastest-growing segment in the home loan market, according to data from Kotak Mahindra Bank. The number of home loan borrowers aged between 25 and 30 years rose 86 per cent between FY24 and FY26, increasing from 1,234

S&P Global Ratings has raised its forecast for India’s real GDP growth in the fiscal year ending March 31, 2027, to 7 per cent from 6.6 per cent earlier, citing stronger-than-expected growth in the June quarter. The ratings agency also expects the Reserve Bank of India to raise its policy rate by 25 basis points

The Centre has relaxed the stockholding limit for bulk sugar consumers ahead of the festive season, allowing them to hold stock for up to 30 days instead of the earlier 15-day limit, as retail sugar prices have eased by nearly 10 per cent over the past three weeks. The move comes as retail sugar prices

The International Monetary Fund has backed India’s efforts to modernise its statistical system, even as questions continue to surround the credibility of the country’s latest GDP estimates. At its latest briefing, IMF communications director Julie Kozack said India’s new Index of Industrial Production and Producer Price Index series should improve the accuracy of GDP estimates.

India’s carbon credit trading scheme has received official recognition from the UK government, marking a significant moment for Indian exporters who rely on selling carbon credits to international markets. The UK’s decision, announced recently, means that carbon credits generated through India’s domestic scheme can now be used by British companies to meet their climate commitments,

Foreign portfolio investors channeled roughly one-third of all their August inflows into Indian financial stocks, according to data reviewed by market analysts. This concentration reveals a deliberate rotation: global capital is moving away from commodity-linked and defensive sectors toward financial services and domestic consumption themes. Financial stocks include banks, insurance companies, and non-bank lenders that