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The report further added that the Payments Infrastructure Development Fund (PIDF) has aided in the growth of digital payments in the last financial ye
Economy - 5 months ago
The domestic lobby felt that local manufacturers who stepped forward to make these devices in India under PLI are left dismayed as a result
Economy - 5 months ago
Overall, the number of counterfeit notes detected in FY24 was lower than the previous year. There is a declining trend of counterfeit notes detected e
Economy - 5 months ago
Sovereign gold bonds have caught the fancy of investors who bought Rs 27,031 crore worth of the bonds last fiscal, an amount more than four times inve
Economy - 5 months ago
According to the RBI, this move is expected to enhance access and expand choices available to the users apart from testing the system resilience to ha
Economy - 5 months ago
India Ratings and Research (Ind-Ra) on Thursday said the Rs 2.11 lakh crore dividend transfer by the RBI is likely to ease liquidity pressure and brin
Economy - 5 months ago
High interest rates in advanced economies, limited absorptive capacity locally likely reasons
Economy - 5 months ago
E-commerce, BFSI (banking, financial services, and insurance), and hospitality sectors witnessed an increased demands for talents in the first four mo
Economy - 5 months ago
Indian economy is projected to grow at 7 per cent -- the fastest among major economies across the world -- in the current fiscal year, underpinned by
Economy - 5 months ago
The report suggests that as India's economic heft expands, there would be a crossover in the mid-2040s with BRICS nations taking over the G7 in terms
Economy - 5 months ago
Moody's Ratings on Thursday said capital requirements will remain high for Indian corporates as they go in for capacity expansion and inorganic growth
Economy - 5 months ago
The increase in the share of the Rs 500 note coincides with the declining share of the Rs 2000 note, which was only 0.2 per cent at the end of FY23
Economy - 5 months ago
FDI inflows into India's manufacturing sector in FY24 are among the lowest in five years, according to provisional data in the RBI annual report
Economy - 5 months ago
States with the lowest capex absorption included Nagaland, Chhattisgarh, Punjab, and Mizoram, according to CAG data
Economy - 5 months ago
The minimum support prices (MSPs) for both kharif and rabi seasons 2023-24 ensured a minimum return of 50 per cent over the cost of production for all
Economy - 5 months ago
India's GDP growth is robust on the back of solid investment demand which is supported by healthy balance sheets of banks and corporates, the governme
Economy - 5 months ago
S&P raised India's sovereign rating outlook to 'positive' from 'stable' on Wednesday, citing the country's strong economic fundamentals. It, however,
Economy - 5 months ago
Delhi's peak power demand reached the all-time high of 8,302 MW on Wednesday afternoon as the city logged its highest-ever temperature of 52.3 degrees
Economy - 5 months ago
The results for the fifth and sixth rounds of the QES - pertaining to Q1 and Q2 of FY23 were released after a gap of nearly 20 months
Economy - 5 months ago
North-eastern states and Jammu & Kashmir are increasingly adopting Aadhar-enabled financial services, according to a report. Meghalaya topped the lis
Economy - 5 months ago

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