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Abler Nordic backs Sindhuja Microcredit with 5 million infusion to fuel faster growth

Abler Nordic backs Sindhuja Microcredit with 5 million infusion to fuel faster growth

Sindhuja Microcredit has raised a $5 million funding round led by overseas investors Abler Nordic along with Gawa Capital and Oikocredit. The fresh capital will strengthen the company’s capital base and support expansion plans. By the end of March, the microfinance lender’s gross loan portfolio reached Rs 1080 crore, underlining its growing scale.

Summarised by Beize from a story on The Economic Times on 11 May 2026
RBI may tweak inflation target if growth holds steady and shocks linger longer

RBI may tweak inflation target if growth holds steady and shocks linger longer

RBI Deputy Governor Poonam Gupta said India could consider lowering its inflation target and narrowing the tolerance band, but only if robust growth and stable inflation persist over the next five years. Still, ongoing global shocks might force the central bank to keep the current flexibility. The final call will follow changing economic conditions.

Summarised by Beize from a story on The Economic Times on 5 May 2026

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US economy rebounds to 2% growth as shutdown scars fade and AI boosts investment outlook

US economy rebounds to 2% growth as shutdown scars fade and AI boosts investment outlook

The US economy grew at a modest 2% annual pace in the first quarter of 2026, rebounding from a weak 0.5% expansion following a federal shutdown. Government spending jumped, and business investment rose 8.7%, partly powered by artificial intelligence. But consumer spending slowed to 1.6%, leaving the growth mix mixed going into what may be a volatile period.

Summarised by Beize from a story on The Economic Times on 30 Apr 2026
RBI set to hold rates as growth fears trump inflation risks this fiscal Crisil report

RBI set to hold rates as growth fears trump inflation risks this fiscal Crisil report

Crisil expects the RBI’s Monetary Policy Committee to keep interest rates unchanged this fiscal year, with downside growth risks outweighing inflation worries. Producers may see higher costs, but consumer price pressures remain contained. The government’s push to trim the fiscal deficit could raise market borrowing, while the current account deficit is projected to widen.

Summarised by Beize from a story on The Economic Times on 29 Apr 2026
Freebie debate takes center stage as Sitharaman touts leak proof delivery and export tax cuts

Freebie debate takes center stage as Sitharaman touts leak proof delivery and export tax cuts

Finance Minister Nirmala Sitharaman said the debate on freebies matters because it shapes future growth. She claimed the government has “contained the leaky bucket” process using technology so beneficiaries receive the full amount, not just a fraction. Speaking in Kakinada, she also urged removing taxes hurting exports, saying the new export policy will offer incentives to exporters.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
RBI says growth failure is not a rate cut problem, defends liquidity stance

RBI says growth failure is not a rate cut problem, defends liquidity stance

In a sharp message, the RBI argued that weak growth can’t be blamed on monetary policy alone. It pointed to its decision to avoid cutting rates by 35 bps or more, signaling that liquidity availability is not the binding constraint on growth. The stance seeks to limit the idea that more monetary easing would automatically translate into stronger economic performance.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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India targets a 300 billion bioeconomy by 2030 as growth surges past 195 billion

India targets a 300 billion bioeconomy by 2030 as growth surges past 195 billion

India is rapidly expanding its bioeconomy, rising from roughly $10 billion in 2014 to more than $195 billion in 2025, according to Jitendra Singh. The government’s direction points to reaching a $300-billion milestone by 2030, highlighting momentum in biotech, research, and bio-based industries as policymakers aim to scale impact.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
RBI deputy governor Poonam Gupta says no second round inflation evidence yet

RBI deputy governor Poonam Gupta says no second round inflation evidence yet

RBI Deputy Governor Poonam Gupta said the central bank is in a “wait and watch” mode on inflation, emphasizing that there is currently no clear evidence of second-round effects. With global headwinds and geopolitical tensions ongoing, the RBI remains optimistic about India’s growth, balancing price stability with support for economic expansion through careful monitoring of external risks.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Goyal says all indicators point to India’s growth surge with record GST and exports

Goyal says all indicators point to India’s growth surge with record GST and exports

Commerce Minister Piyush Goyal said multiple indicators show India is firmly on a growth path. He highlighted that goods and services exports reached USD 675 billion in 2021-22 and that GST collections in April hit an all-time high of about Rs 1.68 lakh crore, rising 20% year-on-year.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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