The Goel Ganga Group, a prominent player in Pune’s real estate sector, has over 40 years of experience in the industry. They have ambitious plans to expand to other cities in Maharashtra, including Nagpur and Mumbai. BE’s Saptarshi Deb interviewed Atul Goel, Managing Director of the Goel Ganga G...
India’s rural markets, which had remained stagnant for the previous three years due to the economic effects of the pandemic, are now gaining momentum and are expected to drive demand for automobiles, motorcycles, and tractors as the nation enters the holiday shopping season later this quarter. Sur...
Involving an initial expenditure of `159 crores, the proposed mall at Nonadanga at Adarsha Nagar off Eastern Metropolitan bypass is a brain child of Mamata Banerjee headed Trinamool Congress state government. It is to be named “Unity Mall” in keeping with the nature wares planned to be in a...
Sheru, an energy storage start-up based in New Delhi, India, offers cloud storage solutions by aggregating idle battery capacity to create a virtual energy storage platform. Notably, Sheru is the world’s first company to integrate V2G technology with battery swapping, synergizing two complementary...
Contrary to Western calculations, recent anti-Russian economic sanctions have turned into yet another example of a major financial decision going disastrously wrong. The 7000-odd sanctions were intended to cripple Russia within days ---to ‘reduce the ruble t...
The insurance sector holds significant importance in a modern economy and its development is assessed through two key indicators: insurance penetration and insurance density. Insurance penetration is the percentage of total insurance paid in a year relative to the GDP of that year, while insurance d...
The Reserve Bank of India (RBI) has taken significant strides this year by announcing the internationalization of the Indian rupee (INR). Internationalization implies widespread acceptance of the INR globally as a medium of exchange, allowing India to use INR for imports. This move by the RBI enable...
Company ProfileFounded in the year 1996, an Indian Small Finance Bank with its headquarters in Jaipur is called AU Small Finance Bank Limited. In 2017, it changed its name from AU Financiers (India) Ltd, a vehicle finance firm, to AU Small Finance Bank. AU Small Finance Bank provides financial servi...
Is the Indian economy doing well? During the last one year, at least three announcements have been made which assured that India’s economic progress remained highly satisfactory. Firstly, in September 2022, the International Monetary Fund (IMF)declared that India has now overtaken Britain to becom...
As I pen this article, the news of the US dollar rising to` 82.24 by approximately 32 paise from ` 81.92 dominates the late evening headlines of July 28. The depreciation of the Indian rupee is attributed to outflows of hot money seeking higher returns in the world’s safest haven. This was trigger...