The Indian economy is facing a "rare goldilocks" period. Since...
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War insurance costs spike for ship owners as Black Sea threats grow, sources say
War insurance costs for some port calls have been quoted between...
IndiGo cancels over 550 flights on Thursday
There were at least 118 flight cancellations at the Mumbai airport,...
India receives Rs 3.4 lakh cr of foreign investment in 2023-24:SEBI
“Compared to net outflows of Rs 40,936 crore in 2022-23, FPIs invested Rs 3.4 lakh crore in India during 2023-24, which was the highest since 1992-93,” said SEBI. New Delhi: India’s Initial Public Offering (IPO) market witnessed a resurgence in 2024, with a total of...
Kerala CM Vijayan requests PM Modi for financial assistance to tackle climate change
Prime Minister Modi on Saturday visited to the disaster-affected region in Wayanad and is being received by Kerala Chief Minister Pinarayi Vijayan and Governor Arif Muhammad Khan CM Vijayan said that a thorough assessment of the damages is currently underway, with...
Garment sector facing uncertainty due to Bangladesh crisis, normalcy may return soon: FM
Finance Minister Nirmala Sitharaman "I hope that the investments are all safe… it's too early for me to see what kind of an impact this situation in Bangladesh will have on our economy. I hope that the interim government will settle things sooner rather than later so...
Banks should focus on their core business, bring innovative products to mobilise deposits: FM
In order to overcome the mismatch between deposits and lending, Sitharaman asked banks to come up with "innovative and attractive" deposit schemes to mobilise funds from the people,Nirmala Sitharaman , Finance minister Mumbai: Finance Minister Nirmala Sitharaman on...
SIP flows touch a record high of Rs 23,322 crores in July
Contributions to systematic investment plans (SIPs) also touched a record high of Rs 23,322 crores in July, hitting an all-time high for the thirteenth consecutive month.Equity mutual funds reported net inflows aggregating to Rs 6.36 trillion from domestic investors...
Fintech will drive income and wealth creation, says CEA
V Anantha Nageswaran,Chief Economic Advisor Speaking at the ninth edition of the Global Economic Summit held in Mumbai, CEA Nageswaran said rapidly evolving Fintech solutions will have a transformative impact on income, savings and wealth creation in India and...
10 X-Band Doppler Weather Radars to enhance weather monitoring, says Jitendra Singh
Jitendra Singh, Union minister of State (Independent Charge) for Science and Technology and Earth Sciences The deployment of these radars is part of a broader initiative by the Government of India to strengthen the country’s meteorological infrastructure. By enabling...
India to surpass China this year to become the world’s largest two-wheeler market
Going forward, it is the electric two-wheeler (E2W) segment of the market that will see more growth, with over a quarter of 2Ws sold in 2024 expected to be battery-powered New Delhi: India is projected to surpass China this year to become the world’s largest...
Anxiety levels rising in rural India: Report
The prevalence of mental health disorders in India has risen steadily in recent years, contributing to the escalating public health concern, according to the State of Healthcare in Rural India Report – 2024, which covered a total of 5,389 households in 21 states. New...
Mention Of heatwaves at all-time high in India’s earnings calls
While heat wave was a recurring theme in many earnings transcripts, high raw-material costs driven by geopolitical tensions in the Middle East and disruptions to shipping routes were also significant factors Mumbai/New Delhi: India’s sweltering summer is the latest...