BANKING & FINANCE
India’s Life Insurance New Business Premiums Increase 16.6% In Q1 FY27
India’s life insurance industry posted a strong start to FY27, with new business premiums (NBP) rising 16.6% year-on-year (y-o-y) in the first quarter, driven by robust growth in private insurers, which continued to expand their market share amid sustained demand for retail protection and long-term savings products, according to a CareEdge Ratings report. The industry’s […]
CW Bureau
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Jul 10, 2026
RETAIL/FMCG
India’s Nutraceutical Industry May Hit $55-57 Bn By 2030: CareEdge Report
India’s nutraceutical industry is expected to grow to $55-57 billion by 2030 from around $29-30 billion in 2024, expanding at a compound annual growth rate (CAGR) of 10-11%, according to a report by CareEdge Ratings. The market is projected to reach $37-38 billion by 2026, with growth supported by increasing health consciousness, higher disposable incomes, […]
CW Bureau
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Jun 26, 2026
BANKING & FINANCE
India’s Non-Life Insurance Premiums Increase 8.7% To ₹24,195 Cr In May
India’s non-life insurance industry reported gross direct premiums of ₹24,195 crore in May 2026, registering a year-on-year (y-o-y) growth of 8.7%, according to a CareEdge Ratings report. The growth was driven primarily by strong momentum in health insurance, particularly the retail health segment, along with sustained expansion in motor insurance. Private insurers gain market share […]
CW Bureau
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Jun 24, 2026
RETAIL/FMCG
India’s Edible Oil Sector Faces Rising Import Risks, Cost Pressure: Report
India’s edible oil industry is grappling with a challenging operating environment as rising global vulnerabilities and persistent domestic structural constraints drive up import costs, increase price volatility and expose the sector to heightened geopolitical and currency risks, according to a report by CareEdge Ratings. The rating agency noted that the sector is likely to face […]
CW Bureau
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Jun 20, 2026
GENERAL
Indian Pharma Firms To Gain Up To $5 Bn From Global Patent Cliff: CareEdge
Indian pharmaceutical companies are poised to benefit from a major global patent expiry cycle, with drugs generating nearly $142 billion in sales in CY25 set to lose exclusivity between 2026 and 2030, according to a report by CareEdge Ratings. The report estimates that the upcoming patent cliff could create a market opportunity of over $30-40 […]
CW Bureau
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Jun 19, 2026
BANKING & FINANCE
Life Insurance Premium Growth Slows In May, Private Insurers Gain Ground
India’s life insurance industry witnessed a moderation in growth during May 2026, with new business premiums (NBP) rising 5.1% year-on-year (y-o-y) to ₹32,030.9 crore, according to a report by CareEdge Ratings. The slowdown came after a strong start to FY27 and was largely attributed to normalisation in group single-premium business and base effects. The industry […]
CW Bureau
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Jun 11, 2026
BANKING & FINANCE
Credit Card Spending Growth Tapers To 7.1% In April Post Fiscal-End Surge
India’s credit card spending growth moderated in April 2026 following elevated spending activity during the March fiscal year-end period, even as digital payments and e-commerce transactions continued to support overall consumption trends. According to a CareEdge Ratings report, aggregate credit card spending rose 7.1% year-on-year to ₹1.98 lakh crore in April 2026. However, spending moderated […]
CW Bureau
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May 29, 2026
GENERAL
India’s Data Centre Boom: Capacity Set To Quadruple To 4 GW By 2030
India’s data centre capacity is projected to grow fourfold to 4 GW by 2030, driven by rapid digitisation, cost competitiveness, and the rising adoption of Artificial Intelligence (AI). Currently, India accounts for around 4% of the global data centre market, with a capacity of 1.2 GW in 2025, which is expected to expand significantly over […]
CW Bureau
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Mar 27, 2026