Business updates

Business updates

Setback for Maruti Suzuki as India drops small car concessions in CAFE-III norms

A draft of the upcoming CAFE-III norms had proposed leniency for petrol cars weighing 909 kg or less—a carve-out widely seen as favouring Maruti Suzuki.>

RBI set to allow banks to lend directly to REITs in real-estate boost

Analysts say bank lending to REITs is risky as the real estate sector is prone to boom-bust cycles.>

RBI keeps repo rate at 5.25% after India US, EU trade deals boost outlook

A majority of the 39 economists surveyed by Bloomberg expected the RBI to keep its repo rate unchanged at 5.25%.>

Credits : HTimes