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1 min read

Grofers loss widens to Rs 448 cr in FY19, co says on track to double GMV to Rs 5k cr in FY20

When contacted, Grofers CEO and co-founder Albinder Dhindsa said, "Grofers GMV (gross merchandise …

PTI   


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2 mins read

DAC capital acquisition of Rs 1.4 trn to boost defence PSUs: Report

The decision of the Defence Acquisition Council (DAC) to accept 10 capital acquisition proposals wo…

ANI   


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2 mins read

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…

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2 mins read

Banks' GNPAs set to improve further to 2.1 pc by FY25: Care Ratings

The gross non-performing assets (GNPA) of the Indian banking system are set to improve further to u…

PTI   


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3 mins read

Weak debut: Jana Small Finance Bank lists at 4% discount to IPO price

​​Jana Small Finance Bank listed with muted gains on Wednesday morning on Dalal Street. The stock l…

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3 mins read

Political continuity could bode well for clean energy & infra spending: UBS

As India marches towards elections, research firms are projecting various scenarios based on possib…

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1 min read

International air travel penetration remains low in India: CAPA

Even as India has become the third largest market in terms of domestic traffic, the penetration of …

PTI   


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3 mins read

Incomes are either rising too slowly or falling at the lower end of the bracket

India’s gross domestic product (GDP) has been growing at a much faster clip than expected — most go…

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4 mins read

Tractor sales stutter in January as two-wheelers zoom ahead

Indians kept up with their love for cars and bikes in the month of January, but tractor sales showe…

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3 mins read

India’s auto sales to ride on two wheels in 2024

Two wheeler sales are expected to see double digit growth for the next two years, outpacing passeng…

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2 mins read

India’s internet retail growth is tapering but shopper base is maturing: Redseer

India's e-tailing or electronic retailing, grew 22% in FY23 to $60 billion in gross merchandise val…

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3 mins read

Investments in real estate, government capex to drive India’s investment cycle in FY24

India’s investments will continue to be driven by household investment in real estate and governmen…

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2 mins read

RBI extends deadline to exchange, deposit Rs 2,000 notes till Oct 7

The Reserve Bank on Saturday extended the special drive to withdraw Rs 2,000 bank notes from the sy…

PTI   


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5 mins read

India’s post-pandemic rise not uneven but shows the rise of the middle class, says SBI report

India’s income inequality has been debated since times immemorial. After the pandemic, the term K-s…

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3 mins read

India’s gross savings and investments edge higher in FY22 despite inflation, says SBI Research report

India’s gross savings and investments are edging higher despite elevated inflation eating into the …

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2 mins read

Analyst’s prescription for Bollywood: Focus on star power & content

Karan Taurani of Elara Capital has a prescription for Bollywood if it wants to bring the audiences …

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3 mins read

Pipe Dream: Should you invest in these infra stocks that have delivered 50% returns?

India’s infrastructure spending and construction are on a full swing. And, as a proxy play, the com…

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3 mins read

This financial metric explains how the Indian economy will take some time before it is back on track

The Indian economy has shown several signs of recovery and analysts are bullish about the capex cyc…

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3 mins read

Home loans growing at a faster rate in Tier 3 and 4 districts, thanks to WFH: SBI report

A new report by SBI has revealed that thanks to WFH’s popularity, Indians are increasingly obtainin…

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5 mins read

Go First Impact: Market capitalisation of 3 PSU Banks down by ₹7,500 crore as investors fret over their exposure to ailing airline

Low-cost airline Go First’s insolvency proceedings have plunged shares of Central Bank of India, Ba…