Economy
Economy

According to Business Standard, the bill-aggregation platform Bharat Connect from the National Payments Corporation of India (NPCI) is anticipated to launch its Bharat BillPay for Business service by March 2025. The service will permit businesses to process business-to-business (B2B) payments using a framework similar to that which the NPCI offers
by Publisher
The year 2025 is set to witness nearly 25 start-ups entering the primary market, almost double the 2024 count, with anticipated listings from firms such as Ather Energy, Bluestone, and Zepto. Last year, 13 tech start-ups raised over $3.4 billion in IPOs, supported by strong domestic and foreign investor
by Publisher
India’s manufacturing growth slowed to a 12-month low in December, with the HSBC India Manufacturing Purchasing Managers’ Index (PMI), compiled by S&P Global, slipping to 56.4 from 56.5 in November. While still above the 50-point threshold signalling expansion, it marked the slowest growth rate in
by Publisher
In a positive turn of events, markets reversed the downtrend of recent weeks. The NIFTY 50 rose 445.75 points, or 1.88%, to close at 24,188.65; while the SENSEX gained 1,436.30 points, or 1.83%, and was at 79,943.71 as trading ended.
by Publisher
According to data released by the Reserve Bank of India (RBI), non-food credit year-on-year growth in scheduled commercial banks dropped to 11.8% in November 2024, compared to 16.5%. The industry also saw a loan growth of 8.1% in November 2024 compared to the figure of 5.5%
by Publisher
Foreign portfolio investors (FPIs) invested $14.5 billion in India's primary market in 2024, primarily through initial public offerings (IPOs) and qualified institutional placements (QIPs), while pulling out $14.37 billion from the secondary market, netting $124 million, according to National Securities Depository Limited (NSDL). 90 IPOs raised
by Publisher
The Nifty 50 fell 168.50 points, or 0.71%, to close at 23,644.90; while the Sensex lost 450.94 points, or 0.57%, and was at 78,248.13 as trading ended.
by Publisher
The Amaravati Integrated Urban Development Program, worth $800 million, has been approved by the World Bank's Board of Executive Directors to construct Amaravati, the greenfield capital of Andhra Pradesh. The loan has a maturity period of 29 years, including a six-year grace period. The World Bank added that
by Publisher
According to Business Standard, the bill-aggregation platform Bharat Connect from the National Payments Corporation of India (NPCI) is anticipated to launch its Bharat BillPay for Business service by March 2025. The service will permit businesses to process business-to-business (B2B) payments using a framework similar to that which the NPCI offers
by Publisher

According to Business Standard, the bill-aggregation platform Bharat Connect from the National Payments Corporation of India (NPCI) is anticipated to launch its Bharat BillPay for Business service by March 2025. The service will permit businesses to process business-to-business (B2B) payments using a framework similar to that which the NPCI offers
by Publisher
The year 2025 is set to witness nearly 25 start-ups entering the primary market, almost double the 2024 count, with anticipated listings from firms such as Ather Energy, Bluestone, and Zepto. Last year, 13 tech start-ups raised over $3.4 billion in IPOs, supported by strong domestic and foreign investor
by Publisher
India’s manufacturing growth slowed to a 12-month low in December, with the HSBC India Manufacturing Purchasing Managers’ Index (PMI), compiled by S&P Global, slipping to 56.4 from 56.5 in November. While still above the 50-point threshold signalling expansion, it marked the slowest growth rate in
by Publisher
In a positive turn of events, markets reversed the downtrend of recent weeks. The NIFTY 50 rose 445.75 points, or 1.88%, to close at 24,188.65; while the SENSEX gained 1,436.30 points, or 1.83%, and was at 79,943.71 as trading ended.
by Publisher
According to data released by the Reserve Bank of India (RBI), non-food credit year-on-year growth in scheduled commercial banks dropped to 11.8% in November 2024, compared to 16.5%. The industry also saw a loan growth of 8.1% in November 2024 compared to the figure of 5.5%
by Publisher
Foreign portfolio investors (FPIs) invested $14.5 billion in India's primary market in 2024, primarily through initial public offerings (IPOs) and qualified institutional placements (QIPs), while pulling out $14.37 billion from the secondary market, netting $124 million, according to National Securities Depository Limited (NSDL). 90 IPOs raised
by Publisher
The Nifty 50 fell 168.50 points, or 0.71%, to close at 23,644.90; while the Sensex lost 450.94 points, or 0.57%, and was at 78,248.13 as trading ended.
by Publisher
The Amaravati Integrated Urban Development Program, worth $800 million, has been approved by the World Bank's Board of Executive Directors to construct Amaravati, the greenfield capital of Andhra Pradesh. The loan has a maturity period of 29 years, including a six-year grace period. The World Bank added that
by Publisher
India’s economy expanded at a faster-than-expected annual rate of 7.4% in the quarter ended in March, despite mounting global economic uncertainty. Gross domestic product of the fourth quarter of the government’s fiscal year 2025 came in sharply higher than the 6.7% growth forecast by economists in
by Publisher
India, which was ranked tenth in the world in 2014, continues to be the fastest-growing major economy. B.V.R. Subrahmanyam, CEO of India’s state-run think tank Niti Aayog said, “we are the fourth-largest economy as I speak ... and this is not my data. This is IMF [international monetary
by Publisher
If PM Modi licenses SpaceX’s Starlink satellite internet service, India will be risking national sovereignty and security in handing over the keys to its skies to Elon Musk.
by Publisher
Prime Minister Narendra Modi on Wednesday said India is becoming a major maritime power and is being recognised as a reliable and responsible partner in the world. Speaking after the commissioning of three naval warships here, Modi said India has always supported an open, secure, inclusive and prosperous Indo-Pacific region.
by Publisher
Bengaluru-based startup Pixxel announced the launch of three of the world's highest-resolution commercial hyperspectral satellites from the Vandenberg Space Force Base in California on Wednesday. The Firefly constellation satellites were integrated via Exolaunch and launched aboard the Transporter-12 rideshare mission with SpaceX. The launch took place around 1
by Publisher
A Republican lawmaker has asked the US Department of Justice to preserve all records in connection with the "selective prosecution" of billionaire industrialist Gautam Adani and his group of companies by the Biden administration. The demand comes less than a week before the Donald Trump administration takes office.
by Publisher
The Union Home Ministry has granted sanction to the Enforcement Directorate to prosecute former Delhi chief minister and AAP national convenor Arvind Kejriwal in the excise policy linked money laundering case, officials said. The federal agency has filed a chargesheet against the 56-year-old politician before a special Prevention of Money
by Publisher
Prime Minister Narendra Modi on Wednesday lauded the Indian Army for its determination, professionalism and dedication, and underlined his government's commitment to the welfare of armed forces and their families. In posts on X on Army Day, he said, "Today, on Army Day, we salute the unwavering
by Publisher
India’s economy expanded at a faster-than-expected annual rate of 7.4% in the quarter ended in March, despite mounting global economic uncertainty. Gross domestic product of the fourth quarter of the government’s fiscal year 2025 came in sharply higher than the 6.7% growth forecast by economists in

India, which was ranked tenth in the world in 2014, continues to be the fastest-growing major economy. B.V.R. Subrahmanyam, CEO of India’s state-run think tank Niti Aayog said, “we are the fourth-largest economy as I speak ... and this is not my data. This is IMF [international monetary

If PM Modi licenses SpaceX’s Starlink satellite internet service, India will be risking national sovereignty and security in handing over the keys to its skies to Elon Musk.

Prime Minister Narendra Modi on Wednesday said India is becoming a major maritime power and is being recognised as a reliable and responsible partner in the world. Speaking after the commissioning of three naval warships here, Modi said India has always supported an open, secure, inclusive and prosperous Indo-Pacific region.

Bengaluru-based startup Pixxel announced the launch of three of the world's highest-resolution commercial hyperspectral satellites from the Vandenberg Space Force Base in California on Wednesday. The Firefly constellation satellites were integrated via Exolaunch and launched aboard the Transporter-12 rideshare mission with SpaceX. The launch took place around 1

A Republican lawmaker has asked the US Department of Justice to preserve all records in connection with the "selective prosecution" of billionaire industrialist Gautam Adani and his group of companies by the Biden administration. The demand comes less than a week before the Donald Trump administration takes office.

The Union Home Ministry has granted sanction to the Enforcement Directorate to prosecute former Delhi chief minister and AAP national convenor Arvind Kejriwal in the excise policy linked money laundering case, officials said. The federal agency has filed a chargesheet against the 56-year-old politician before a special Prevention of Money

Prime Minister Narendra Modi on Wednesday lauded the Indian Army for its determination, professionalism and dedication, and underlined his government's commitment to the welfare of armed forces and their families. In posts on X on Army Day, he said, "Today, on Army Day, we salute the unwavering