Despite a brief surge in oil prices due to geopolitical tensions, India’s macroeconomic health remains strong, characterised by subdued inflation and growth-supportive policies. While risks from potential oil supply disruptions persist, India is well-positioned to navigate global challenges. The government aims to further boost productivity through strategic missions and deregulation, fostering economic resilience and growth momentum.
Ind-Ra downgrades Jana Capital, Jana Holdings NCDs to default
India Ratings downgraded Jana Capital and Jana Holdings’ NCDs to default after both entities extended debt repayments by six months due to refinancing challenges. Jana