CATEGORIES

Credit transactions on UPI reaching ₹10K cr every month: NPCI chief

Credit transactions on India's flagship payments platform Unified Payments Interface (UPI) are reaching ₹10,000 crore each month, of which approximately ₹100-₹200 crore are from the \"credit line on UPI\" facility, while the remainder comes from the RuPay credit card on UPI facility, according to Dilip Asbe, managing director and chief executive officer (MD & CEO) of the National Payments Corporation of India (NPCI).

₹ nears 84 a $ tracking weak Asian peers

RBI sold $1 billion to curb volatility, say traders

TaMo looks to ace last-mile delivery with sub-600 kg SCV

Tata Motors, India's largest commercial vehicle manufacturer, is looking to launch a first-of-its-kind sub-600 kg small commercial vehicle, aiming to cater to the growing demand for efficient last-mile delivery solutions, an area currently witnessing a surge in interest from e-commerce giants.

Competitors unfazed by Flipkart's 10-min delivery foray

At a time when Flipkart has entered the quick-commerce race with a service called \"Minutes\", executives at rival players said they are in a wait-and-watch mode.

Big Four boosts hiring of technology architects

Amid rise in the number of Global Capability Centres (GCCs), the Big Four consultancies in India are increasing the hiring of technology architects, who design and manage the tech infrastructure supporting the GCCs.

IFC, ADB, DEG pump $275 mn into Fourth Partner Energy

Largest equity deal by 3 investors in Indian RE sector

CBI books Hindalco on corruption charge

The Central Bureau of Investigation (CBI) has booked the country's leading aluminium producer Hindalco of the Aditya Birla Group for alleged corruption in getting environmental clearances for coal mining between 2011 and 2013, officials said on Tuesday.

Homeowners get flexible LTCG tax calculation relief

FM may move amendments to Finance Bill today

India Inc cautious with B'desh on boil

Amid escalating unrest Bangladesh, some of India's largest companies, including Dabur, Adani Power, Marico, Hero MotoCorp, and TVS Motor, are assessing the impact on their business interests in the country.

Divi's growth dosage: Niche biz expansion

Analysts say pharmaceutical company's stock fully priced in

MF, retail ownership in listed firms at new high

Mutual fund (MF) and retail shareholding in NSE-listed companies hit fresh record highs during the quarter ended June 2024, while that of foreign portfolio investors (FPIs) declined to its lowest level in 12 years.

Sebi notifies MF norms to prevent market abuse

The Securities and Exchange Board of India (Sebi) has notified the much-awaited norms for mutual funds that require asset management companies (AMCs) to put in place an institutional mechanism to prevent violations such as fraudulent transactions and front-running.

US sneezes, global markets catch a cold

Wall Street indices fall up to 2.6% in early trade; Nikkei slumps over 12%

Street positive on Thermax despite Q1 miss

Thermax reported 13 per cent Y-o-Y revenue growth with operating profit margin decline in Q1FY25.

Vix up 42%, signals more turmoil

Experts say volatility may continue in near term amid global headwinds

India earnings yields now higher than US bonds

Following the recent correction, the Indian equity market is now trading at a discount compared to the yield on the benchmark US 10-year government bond.

India needs more than 2 major airlines: IndiGo's Bhatia

Airline's promoter & MD says it won't be found guilty of 'gouging' its customers

Recreating magic of single-screen in UP

After handing over the proposed 1,000 acre Noida Film City project earlier this year to a consortium that includes Hindi film producer Boney Kapoor, Uttar Pradesh is now looking to revive closed cinema halls in the state.

TURN OF THE INTERN

Can India Inc absorb 10 million interns over 5 years?

₹ at new low, bonds gain on global cues

Rupee closed at a new low of 83.85 against the US dollar on Monday, weakening 0.11 per cent following a significant outflow due to sharp fall in domestic equities and growing concerns about a potential recession in the US.

Canara Bank takes Swiss auction route

Invites counter-bids to recover dues

EGM proof required under IGST Rate Notification 41/2017

We had imported certain goods and cleared them from the Customs after payment of duty.

Reasoning for status quo

MPC cannot ignore food inflation

No quick fixes for India's jobs crisis

After dismissing all adverse reports on employment for a long time, the government finally acknowledged, in Finance Minister Nirmala Sitharaman's Union Budget speech, that it has an unemployment problem.

Hasina's hubris

South Asia's miracle economy rested on fragile foundations

Judicial delays: An economic burden

Inefficiencies in the judicial process are stifling growth and investment in India

Violent protesters will 'face full force of the law': UKPM

British Prime Minister Keir Starmer on Monday said violent protesters who had targeted Muslim communities would swiftly face the \"full force of the law\" as he sought to quell days of anti-immigration rioting.

EU closes TikTok case after it withdraws 'addictive' feature

The European Union closed a case against ByteDance's TikTok after the Chinese social media giant pulled a controversial feature that regulators warned could be addictive for children.

Goolsbee cautions on Fed being restrictive

The US economy does not look like it is in recession despite weaker-than-expected jobs data, but Federal Reserve policymakers need to carefully monitor changes in the environment to avoid being too restrictive with interest rates, Chicago Fed Bank President Austan Goolsbee said on Monday.

With smugglers and front companies, China is skirting US AI bans

In the southern Chinese city of Shenzhen, a mazelike market stretches for a half-mile, packed with stalls selling every type of electronic imaginable.