Dollar rally puts emerging markets at risk amid Trump’s return to White House
For global investors, the implications are clear: emerging markets are poised for significant volatility as the dollar strengthens.
Business
Bitcoin may hit $100,000 by early 2025 fueled by Trump’s pro-crypto stance
deVere’s projection of Bitcoin reaching $100,000 following Trump’s inauguration may seem ambitious, but Trump’s policies support this forecast.
Calls for major US Fed rate cuts surge amid economic concerns
With job creation stagnating in the US, the rationale for another significant Fed rate cut has only become more compelling.
Kotak Bank to acquire StanChart’s Rs 4100-cr personal loan book
This acquisition aligns with KMBL’s strategy to transform for scale and focus on customer-centric growth.
India’s card payments market set for 15.5% growth in 2024: GlobalData
Among card types, credit and charge cards are most preferred, accounting for 75.7% of the total card payment value in 2023.
Housing finance in India set to surge with 15-20% CAGR by 2030
The housing finance market in India has registered a growth of about 25% per annum from FY22 to FY24 and is estimated to grow at 15-20% CAGR up to 2030.
Candytoy Corporate bags Rs 45-cr order from Becky’s of Netherlands
Candytoy Corporate will deliver Candy Toys and promotional toys to Becky’s by the end of March 2025.
Unsecured business loans showing early signs of stress
Traditional NBFCs operating through the brick-and-mortar model as well as fintechs extending UBLs are showing signs of increase in delinquency levels.
NBFCs tap alternative funding sources to grow as bank loans slow
While banks will remain the dominant funding source for NBFCs, the bond market will gain market share over the near to medium term.
