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UPI transactions cross Rs 20 trillion for third successive month, in July 2024

Payments through the Unified Payments Interface (UPI) reported a 45% growth, as per the data made a…

ANI   


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Urgent need to address $4 trillion financing gap to accelerate progress on SDGs, notes FM

Observing that the global South is affected by global uncertainties, she said one in four developin…

PTI   


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4 mins read

NSE and BSE market cap to cross $10 trillion by 2023: Experts

By creating an unprecedented wealth of USD 1 trillion in just 6 months, both indices of the Indian …

ANI   


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5 mins read

India is an oasis of growth amid a slower global economic landscape, witnessing a once-in-a-generation growth: G20 Sherpa Amitabh Kant

India is witnessing a once-in-a-generation economic growth which can be attributed to radical chang…

ANI   


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RBI likely to transfer ₹1 trillion to government in FY25

The Reserve Bank of India (RBI) is likely to transfer approximately Rs 1000 billion to the governme…

ANI   


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India's stock market will soar to $10 trillion by 2030 and the country's growth is impossible for investors to ignore, Jefferies says

Jefferies projects India's gross domestic product to reach $5 trillion by 2027, surpassing Japan an…

Yuheng Zhan   


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Daily digital transactions in India via UPI equivalent to population of EU, highlights PM Modi

In the first 20 days of August alone, India recorded a staggering 9,840.14 million UPI transactions…

ANI   


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Lower money creation by RBI, substantial rise in banks profits behind decline in loan-to-deposits ratios in banks: Nomura

One of the contributors to the decline in systemic LDR is the lower net money creation by the RBI o…

ANI   


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Domestic demand to keep India's growth above other G20 emerging markets: Moody's

Moody's Investors Service expects India's economic growth in 2024-25 growth above that of other eme…

ANI   


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Towards a brighter tomorrow: India's G20 Presidency and the dawn of a new multilateralism

Nov 30, today, marks a year since India assumed the G20 Presidency. The global landscape grappled w…

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3 mins read

Reliance to commission first solar giga-factory in FY25

In its largest annual report, the firm said it is targeting to commission the first train of 20GW s…

PTI   


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India shows eagerness to upskill as it aims at a $4 trillion economy

Almost 50% of young workers in India show a strong willingness to learn new skills for improved job…

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3 mins read

World Bank praises India's digital infrastructure for its transformative potential

"The India stack exemplifies this approach, combining digital ID, interoperable payments, a dig…

PTI   


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6 mins read

Top 25 richest people in India in 2024

India has the third highest number of billionaires in the world, behind the US and China. The count…

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Government on course to meet fiscal deficit target for FY24 as gross tax receipts hit a 20-year high

Economists believe that the government is on track to achieve the fiscal deficit target of 5.3% in …

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Amid growing demand for AI, India's Data Centre boom to drive USD 5.7 billion investments by 2026: JLL

India's data centre industry to attract an investment of USD 5.7 billion by 2026 amid the growing d…

ANI   


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3 mins read

India may boost FY25 capex by 8-10% amid surging revenues and record RBI surplus, says Market Kaleidoscope report

This fiscal boost comes as India reaches a historic financial milestone. The total market capitaliz…

ANI   


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6 mins read

India could emerge as an economic superpower amid dull global economic landscape

IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…

ANI   


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Lockdown 4.0 will have new characteristics and rules and they will be released before May 18, says Prime Minister Modi

Indian Prime Minister Narendra Modi announced a ₹20 lakh crore stimulus package to boost the econom…

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India saw 20.5 billion online transactions worth ₹36 trillion in Q2: report

The online transactions were processed through debit and credit cards, prepaid payment instrumen…