Browsing Category
Economy
India’s digital payments record double-digit growth: RBI data
Mumbai: Digital payments in India have registered a 12.6 per cent increase year-on-year with the RBI's Digital Payments Index (RBI-DPI) rising to 445.5 at the end of March 2024 compared to 418.77 in September 2023 and 395.57 in March!-->…
Read More...
Read More...
All states have got funds in Union Budget as in the past: FM Sitharaman
New Delhi: Finance Minister Nirmala Sitharman said on Friday that just like in the past, all states have been allocated funds in the Union Budget 2024-25, and no state has been denied anything.
In an exclusive interview with Sanjay!-->…
Read More...
Read More...
Indigo’s net profit drops 11.7 pc to Rs 2,728 cr in Q1, revenue up 17.3 pc
Mumbai: Leading low-cost airline Indigo on Friday reported net profit at Rs 2,728 crore for the April-June quarter -- a drop of 11.7 per cent from Rs 3,090.6 crore in the same quarter last year.
The operational revenue of the airline!-->…
Read More...
Read More...
Nifty closes at all-time high, Sensex surges by 1,292 pts
Mumbai: Indian equity indices closed in the green on Friday following broad based buying in all segments of the markets.
During the day, National Stock Exchange (NSE) benchmark Nifty made a new all-time high of 24,861. Sensex also!-->…
Read More...
Read More...
Kia’s net profit up 5 pc to $2.1 bn on pricier models, weak currency
Seoul: Kia, South Korea's second-largest automaker, said on Friday its second-quarter net profit rose 5 per cent from a year ago, helped by the company's sales focus on pricier models and a weak won.
Net profit for the April-June period!-->…
Read More...
Read More...
Angel tax abolition to further ease funding winter for Indian startups: Experts
New Delhi: The abolition of angel tax will further ease the funding winter for the Indian startup ecosystem as the tax burden will go away for foreign investors, industry experts said on Friday.
The Department for Promotion of Industry!-->…
Read More...
Read More...
India sees uptick in manufacturing sentiments, domestic demand in April-June: Survey
New Delhi: As the Union Budget 2024-2025 gives special attention to labour-intensive manufacturing, a new survey said on Friday that manufacturing sentiments in the country have shown an improvement in the April-June quarter.
According!-->…
Read More...
Read More...
Indian retail investors behind 12 times surge in index funds folios in last 4 years
Mumbai: As more and more Indians prefer to have simple and transparent exposures in mutual funds, the total retail folios in index funds increased by nearly 12 times from 4.95 lakh in March 2020 to 59.37 lakh in December 2023, a study by!-->…
Read More...
Read More...
Robust cybersecurity measures must for global health tech industry: Report
New Delhi: As the global healthcare industry embraces technology, with interconnected medical devices, there is an urgent need for robust cybersecurity measures to safeguard patients' data, a report showed on Friday.
The report by!-->…
Read More...
Read More...
Lower income tax would boost FMCG sector growth
New Delhi: Finance Minister Nirmala Sitharaman decreased income tax and increased standard deduction rebate in the Union Budget 2024-25. This move by the government is likely to boost FMCG sector growth.
According to marketing research!-->…
Read More...
Read More...