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Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das
In the inaugural address at FIBAC 2024, the governor said that massive changes are taking shape in …
PTI
Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report
As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…
Removed Angel Tax, taking policy measures to promote fintech sector: PM Modi
Lauding the fintechs for democratising financial services, Modi said the sector, which has attracte…
PTI
Consumer staples volume will grow in the coming quarters, notes Motilal Oswal report
A marked growth is visible in the consumer staple segment, and the trajectory in volume improvement…
ANI
Individuals earning over Rs 10 cr rise by 63% in India; financial assets of high net worth individuals to nearly double by 2028
A recent report shows a significant increase in wealthy Indians, with those earning over Rs 10 cror…
Digital initiatives to triple Indian retail borrowing to USD 2.5 trillion by 2030: S&P Global
Recognising the impact of digitisation in the country, S&P Global Ratings said that the state-backe…
ANI
Small businesses generated 35 million job applications till Aug 2024, 14 million were from women: Report
Notably, over 55 per cent of total job applications for SMB roles came from tier-2 and tier-3 citie…
India's power sector to rise 2.2x, defence sector to grow at 13% CAGR by 2030
India's power generation and transmission sectors are poised for substantial growth. Also, India's …
India needs to avoid financialization as it marches towards Viksit Bharat goal, says Nageswaran
Financialization is the dominance of financial market expectations trends, and importantly, interes…
PTI
Investing in India’s manufacturing sector: Opportunities and outlook
India's economic landscape is a tapestry of growth drivers, with the manufacturing sector emerging …
Despite budget provisions, residential housing market will see sales growth, notes recent report by Knight Frank
A notable 24% expect stability, while 25% predict a potential decrease, reflecting a balanced yet c…
ANI
Markets hit new milestones, robust surge in active traders as investor numbers soar
According to a report by the National Stock Exchange (NSE), out of the 9.7 crore registered investo…
India's corporate credit quality is getting stronger: S&P Global
S&P Global's analysis reveals that one in three ratings within India now have positive outlooks, ma…
ANI
AI could slow BPO sector growth: Chief Economic Advisor Nageshwaran
Chief Economic Advisor V Anantha Nageswaran emphasized the crucial and positive role that artificia…
ANI
Power, energy sector in India sees 9% growth in hiring in H1FY25, notes report
TeamLease Services 'Employment Outlook Report, showcases changes in employment for the period betwe…
PTI
India's gold loan market set for rapid growth amid rising prices; unorganized sector holds 63% share, notes recent PwC report
Indian households are estimated to possess approximately 25,000 tonnes of gold, valued at around Rs…
ANI
SLBCs can play effective role in financial inclusion by better coordination with govt, NGOs: RBI DG
Deepening financial inclusion is not merely about increasing the number of bank accounts but about …
PTI
Banks' gross NPAs at 12-yr low, may fall further to 2.5%: RBI report
Among bank groups, public sector banks (PSBs) recorded a substantial reduction (76 bps) in their GN…
PTI
Hiring activity up 12% in July, most sectors report double-digit growth, says a Naukri.com report
Most sectors reported healthy double digit growths, with pharma/biotech (26 %), FMCG (26 %), real e…
PTI
FII's bullish on financial services and telecom segment as per June 2024 NSDL data
The Indian equity market witnessed a significant boost in the latter half of June 2024, with FII re…