Economy

Mumbai: The Indian equity market opened almost flat on Monday amid mixed cues from global markets, as investors continue to look for some positive news on the interim India-US trade deal. At 9:20 am, Sensex was down 50 points or 0.05 per…
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Mumbai: India’s microfinance sector is projected to clock a 15 per cent CAGR in the gross loan portfolio (GLP), surpassing Rs 10 trillion (Rs 10 lakh crore) loan portfolio over the next five-six years, a report said on Monday. The report…
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New Delhi: India has emerged as the global leader in fast payments, as UPI processed over Rs 24.03 lakh crore in payments through 18.39 billion transactions in June, according to a note by the International Monetary Fund (IMF) on Sunday.…
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New Delhi:  At a time when global supply chains are getting rejigged, if India can do the right reforms, it could become a meaningful producer and exporter of goods, which could spur investment, credit and GDP growth, an HSBC report said on…
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New Delhi: India’s largest Public Sector Bank, the State Bank of India (SBI), is likely to launch its Rs 25,000 crore Qualified Institutional Placement (QIP) very soon, according to multiple reports. The pricing of this Qualified…
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New Delhi: Former NITI Aayog CEO Amitabh Kant on Sunday lauded UPI for becoming the world's leading real-time payment system, processing a staggering 650 million transactions daily to dislodge Visa from the top rank. Calling it…
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New Delhi: For non-banking finance companies (NBFCs) in India, education loans have been the fastest-growing asset class, clocking over 50 per cent growth in the assets under management (AUM) over the past few years, a report said on…
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Mumbai: The Securities and Exchange Board of India (SEBI) Chairperson Tuhin Kanta Pandey on Saturday said that the regulator will not tolerate market manipulation, a day after US trading entity Jane Street and three of its related entities…
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New Delhi: Gold prices surged Rs 1,135 and silver prices soared over Rs 2,000 this week amid uncertainties around the US tariff deal deadline (July 9) and a decline in the US dollar index. On June 30, the 24-carat gold rate was at Rs…
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New Delhi:  The growth in India's services sector activity surged to a 10-month high in June, driven by robust demand in both the domestic and export markets, according to an HSBC survey released on Thursday. The seasonally adjusted HSBC…
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