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News   -   Jan 03, 2025 B2B Payment Network Likely to be Launched by March
B2B Payment Network Likely to be Launched by March

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

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News   -   Jan 03, 2025 Major Start-Ups Gear Up for 2025 Public Listings
Major Start-Ups Gear Up for 2025 Public Listings

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

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News   -   Jan 02, 2025 Manufacturing Growth Slows to 12-Month Low in December
Manufacturing Growth Slows to 12-Month Low in December

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

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News   -   Jan 02, 2025 SENSEX, NIFTY Gain over 1.8% in Intraday Trading
SENSEX, NIFTY Gain over 1.8% in Intraday Trading

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.

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News   -   Jan 02, 2025 Banks' Non-Food Credit Drops to 11.8%
Banks' Non-Food Credit Drops to 11.8%

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%

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News   -   Jan 02, 2025 Primary Market Investment Surges as FPIs Shift Focus from Secondary Market
Primary Market Investment Surges as FPIs Shift Focus from Secondary Market

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

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News   -   Dec 30, 2024 Market Down as Both Sensex and Nifty Fall over 0.5%
Market Down as Both Sensex and Nifty Fall over 0.5%

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.

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News   -   Dec 20, 2024 World Bank loan for Andhra Pradesh Capital Project
World Bank loan for Andhra Pradesh Capital Project

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
B2B Payment Network Likely to be Launched by March
News   -   Jan 03, 2025 B2B Payment Network Likely to be Launched by March

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
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Economy Articles 82 Articles
News   -   Jan 03, 2025 B2B Payment Network Likely to be Launched by March
B2B Payment Network Likely to be Launched by March

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
News   -   Jan 03, 2025 Major Start-Ups Gear Up for 2025 Public Listings
Major Start-Ups Gear Up for 2025 Public Listings

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
News   -   Jan 02, 2025 Manufacturing Growth Slows to 12-Month Low in December
Manufacturing Growth Slows to 12-Month Low in December

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
News   -   Jan 02, 2025 SENSEX, NIFTY Gain over 1.8% in Intraday Trading
SENSEX, NIFTY Gain over 1.8% in Intraday Trading

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
News   -   Jan 02, 2025 Banks' Non-Food Credit Drops to 11.8%
Banks' Non-Food Credit Drops to 11.8%

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
News   -   Jan 02, 2025 Primary Market Investment Surges as FPIs Shift Focus from Secondary Market
Primary Market Investment Surges as FPIs Shift Focus from Secondary Market

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
News   -   Dec 30, 2024 Market Down as Both Sensex and Nifty Fall over 0.5%
Market Down as Both Sensex and Nifty Fall over 0.5%

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
News   -   Dec 20, 2024 World Bank loan for Andhra Pradesh Capital Project
World Bank loan for Andhra Pradesh Capital Project

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
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Economy   -   May 30, 2025 GDP Growth Surprises on the Upside
GDP Growth Surprises on the Upside

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

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Economy   -   May 29, 2025 Indian GDP Surpasses Japan
Indian GDP Surpasses Japan

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

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News   -   May 23, 2025 STARLINK WILL MAKE INDIA AS VULNERABLE AS UKRAINE
STARLINK WILL MAKE INDIA AS VULNERABLE AS UKRAINE

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.

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Commerce & Industry   -   Jan 31, 2025 Modi Says India is Becoming a Major Maritime Power
Modi Says India is Becoming a Major Maritime Power

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.

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Jan 15, 2025 Pixxel Sends Three Hyperspectral Satellites into Orbit with SpaceX
Pixxel Sends Three Hyperspectral Satellites into Orbit with SpaceX

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

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Jan 15, 2025 GOP Lawmaker Warns Adani Case Could Harm US-India Relations
GOP Lawmaker Warns Adani Case Could Harm US-India Relations

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.

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News   -   Jan 15, 2025 Delhi Excise Case: Home Ministry Approves Prosecution of Kejriwal
Delhi Excise Case: Home Ministry Approves Prosecution of Kejriwal

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

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News   -   Jan 15, 2025 Armed Forces' Welfare a Govt Priority, says PM Modi
Armed Forces' Welfare a Govt Priority, says PM Modi

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

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