Economy

New Delhi:  PhonePe and HDFC Bank announced the launch of co-branded credit card, marking the digital payments and financial services company’s foray into the co-branded card segment. The PhonePe HDFC bank co-branded RuPay credit card is…
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New Delhi:  In a significant boost to India’s horticultural exports, the Centre’s Agricultural and Processed Food Products Export Development Authority (APEDA) has facilitated the flagging off of the first consignment of one metric tonne of…
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Mumbai:  India’s GDP is projected to grow at 6.2 per cent in FY26, with CPI inflation around an average 4.0 per cent, a report showed on Friday, adding that it does not expect any further rate cuts from the RBI “unless downside risks to…
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New Delhi: India’s production of horticulture crops is estimated to have increased by 3.66 per cent to 367.72 million tonnes (MT) in the 2024-25 crop year (July-June) due to the higher output of fruits and vegetables, according to the…
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Bengaluru:  Starting from a base of $30 billion in 2020, India’s online commerce sector is expected to get to $300 billion by the end of the decade in 2030, contributing to a $1 trillion digital opportunity in the country, according to a…
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New Delhi:  The Reserve Bank of India (RBI) on Wednesday announced that it will extend the trading hours for the call money market, market repo, and Tri-Party Repo (TREP), starting July 1. This decision is based on the recommendations…
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New Delhi:  India’s domestic air passenger traffic registered a 1.89 per cent increase during May this year to 1.4 crore, compared to the corresponding figure of 1.38 crore in the same month last year, according to the latest data compiled…
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New Delhi: Indian economic activity has surged to a 14-month high in June as companies scaled up output in response to faster increases in total new business intakes and a record upturn in export orders, according to the HSBC flash PMI data…
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New Delhi: Global capital can no longer overlook India's structural economic advantages, as the nation is poised to significantly outpace G7 economies in growth, according to a report released on Monday by wealth management firm Equirus.…
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Mumbai:  Private equity and venture capital (PE-VC) investments in India stood at $2.4 billion across 97 deals in May, according to a report released on Monday. The EY-IVCA report said that startup investments were the highest deal type…
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