Economy News

Maldivian President decides to introduce India's UPI in Maldives

Maldivian President Mohamed Muizzu has decided to take the necessary steps to introduce India's Unified Payment Interface (UPI) in the Maldives.

Oct 21, 2024

Customers wearing face masks shop at a store of Lynden Park Mall in Brantford, Ontario, Canada, on June 12, 2020. The province of Ontario allowed most regions outside the Toronto and Hamilton areas to reopen more businesses on Friday during the COVID-19 o

Fashion, electronics drive festive season's sales, consumption on rise

As India kicked off online festive season sales, affordable fashion and premium electronics emerged as the top-performing categories, as private consumption surged especially in the rural parts of the country,

Oct 17, 2024

Bengaluru Airport City holds groundbreaking ceremony for 2 million sq ft business park

The Bengaluru Airport City Limited (BACL), a subsidiary of Bengaluru Airport City Limited (BACL), broke ground on Monday for its ambitious 2 million square feet Business Park, aimed at establishing Bengaluru as a global hub for Global Capability Centres (GCCs).

Oct 14, 2024

Enrollment for PM Internship Scheme kicks-off, youth to get Rs 5,000 per month

Over 1.55 lakh candidates sign up for PM Internship Scheme in just 24 hours

More than 1.55 lakh candidates have signed up for the newly launched PM Internship Scheme in just 24 hours, according to reports citing government sources.

Oct 14, 2024

India sees all-time high deal numbers in real estate sector in July-Sep

India saw 25 deals worth $1.3 billion in the real estate sector in the July-September period (Q3), maintaining strong deal volumes and marking an all-time high in deal numbers and second-highest values since Q2 2023.

Oct 14, 2024

crude oil, UAE-based Indian national sanctioned by US for smuggling Iranian oil.

US sanctions Indian shipping firm over 'Ghost Fleet' transporting Iranian oil

The United States has sanctioned an Indian ship services company for allegedly being involved in the transport of petroleum from Iran through a "Ghost Fleet" in defiance of restrictions on Tehran.

Oct 12, 2024

Air India Express Sharjah-bound flight develops technical snag, lands safely; probe ordered

An Air India Express flight to Sharjah that took off from Tamil Nadu's Tirchy International Airport at 5.40 p.m. landed back safely after developing a technical snag.

Oct 12, 2024

Sensex closes down by 230 points, auto and finance shares fall

India frontline equity indices closed lower on Friday as finance shares and TCS weighed on them.

Oct 11, 2024

Festive sales on Indian e-commerce platforms cross Rs 54,000 crore in 1st week

Online e-commerce platforms in the country saw sales worth over Rs 54,500 crore in the first week of the festive season, about 55 per cent of total sales projected during the next month.

Oct 11, 2024

Demat accounts rise to 171 million in August, up 4 million

Demat accounts surge to 175 mn in India, NSE active clients climb to 47.9 mn

As Indian stock markets continue to outperform its global peers, the number of demat accounts increased to 175 million in the month of September, from 171 million in August.

Oct 11, 2024

Vehicle insurance, pension coverage up in India's rural households

As financial inclusion improves amid rising rural consumption, the percentage of rural households with at least one member covered by any form of insurance increased significantly from 25.5 per cent in 2016-17 to 80.3 per cent in 2021-22.

Oct 10, 2024

Taxpayers can choose between old and new LTCG regime: FM Sitharaman

Government Releases ₹1.78 Lakh Crore as Tax Devolution to States for Festive Season

In a bid to enable states to boost development and capital spending, the Centre on Thursday said it has released tax devolution of Rs 1,78,173 crore to state governments, as against the normal monthly devolution of Rs 89,086.50 crore.

Oct 10, 2024

'The clock has stopped ticking': Ratan Tata passes away at 86; PM Modi, Anand Mahindra, Harsh Goneka pay heartfelt tributes

Ratan Tata Positioned Brand India in the Global Economy: Industry Leaders

Leading industry chambers on Thursday remembered Ratan Tata as a leader, nation builder, philanthropist, a global entrepreneur and much more.

Oct 10, 2024

UPI Transaction Volume Jumps 52% to 78.97 Billion, Value Exceeds ₹116 Lakh Crore

The unified payments interface (UPI)-based transactions volume surged 52 per cent to 78.97 billion in the first half this year (H1 2024), from 51.9 billion in the same period last year

Oct 10, 2024

India's Top 100 Tycoons Cross $1 Trillion, Gautam Adani Ranked 2nd: Forbes Report

The collective wealth of India's 100 richest tycoons surpassed the trillion dollar milestone for the first time as more than 80 per cent of the country's richest tycoons are now wealthier than they were a year ago, a Forbes report showed.

Oct 10, 2024

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Economy News

Maldivian President decides to introduce India's UPI in Maldives

Fashion, electronics drive festive season's sales, consumption on rise

Bengaluru Airport City holds groundbreaking ceremony for 2 million sq ft business park

Over 1.55 lakh candidates sign up for PM Internship Scheme in just 24 hours

India sees all-time high deal numbers in real estate sector in July-Sep

US sanctions Indian shipping firm over 'Ghost Fleet' transporting Iranian oil

Air India Express Sharjah-bound flight develops technical snag, lands safely; probe ordered

Sensex closes down by 230 points, auto and finance shares fall

Festive sales on Indian e-commerce platforms cross Rs 54,000 crore in 1st week

Demat accounts surge to 175 mn in India, NSE active clients climb to 47.9 mn

Vehicle insurance, pension coverage up in India's rural households

Government Releases ₹1.78 Lakh Crore as Tax Devolution to States for Festive Season

Ratan Tata Positioned Brand India in the Global Economy: Industry Leaders

UPI Transaction Volume Jumps 52% to 78.97 Billion, Value Exceeds ₹116 Lakh Crore

India's Top 100 Tycoons Cross $1 Trillion, Gautam Adani Ranked 2nd: Forbes Report

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious

'She is cruel…': Ankita Lokhande CRIES after fight with Mannara, tells Vicky she wants to go home; fans react