Tag: CareEdge Ratings
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 · 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 · Mar 27, 2026