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HDI Global launches new global strategies for expanding international footprint
Edgar Puls, CEO of HDI Global. HDI Global will sharpen its...
Aon appoints Nick Fraccalvieri as CEO of global facultative for its Reinsurance Solutions
In his new role, Fraccalvieri will be responsible for setting the...
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...
NSE adds 1 crore investors in 5 months, total goes up to 10 crore
The investor base has seen more than 3-time jump in the last five years, facilitated by rapid growth in digitisation, rising investor awareness, financial inclusion and sustained market performance New Delhi: The National Stock Exchange (NSE) on Thursday said its...
RBI hikes limit for tax payments via UPI from Rs 1 lakh to Rs 5 lakh
Mumbai: The Reserve Bank has decided to enhance the limit for tax payments through UPI from Rs 1 lakh to Rs 5 lakh per transaction, RBI Governor Shaktikanta Das announced on Thursday. “UPI has become the most preferred mode of payment, due to its seamless features....
Household savings moving towards alternative investment avenues: RBI
Alternative investment avenues are becoming more attractive to retail customers and as a result banks are facing challenges on the funding front with deposits trailing loan growth,RBI Governor Shaktikanta Das Referring to the recent incidence of unprecedented IT...
Clearing time for cheques to be cut from 2 days to a few hours: RBI Governor
Shaktikanta Das,Governor,RBI “This means that cheques will be cleared within a few hours on the day of presentation. This will speed up cheque payments and benefit both the payer and the payee,” the RBI governor said Mumbai: The RBI aims to reduce the clearing time...
RBI holds rates again; focused on bringing down inflation to target
Shaktikanta Das, Governor, Reserve Bank of India Resilient and steady economic growth in India is allowing the central bank to focus on bringing inflation down towards its 4% medium term target, said RBI Governor Shaktikanta Das, emphasising that price stability is...