Business
India’s aircraft MRO industry to double from $2 bn to $4 bn in next 7 years: Minister
August 10, 2024
India’s aircraft MRO industry to double from $2 bn to $4 bn in next 7 years: Minister
The recent order by domestic airlines for over 1,100 aircraft is expected to double the size of India’s MRO aviation…
Trade in farm goods on e-NAM surpasses Rs 23,500 cr in first 4 months of 2024-25
August 9, 2024
Trade in farm goods on e-NAM surpasses Rs 23,500 cr in first 4 months of 2024-25
The trade turnover on the government’s electronic National Agriculture Market (e-NAM) has increased by 13 per cent to surpass the…
India’s forex reserves at historic high of $675 billion: RBI chief
August 8, 2024
India’s forex reserves at historic high of $675 billion: RBI chief
India’s foreign exchange reserves reached a historical high of $ 675 billion, as of August 2, as overall, India’s external…
RBI hikes limit for tax payments via UPI from Rs 1 lakh to Rs 5 lakh
August 8, 2024
RBI hikes limit for tax payments via UPI from Rs 1 lakh to Rs 5 lakh
The Reserve Bank has decided to enhance the limit for tax payments through UPI from Rs 1 lakh to Rs…
Frequency of reporting credit info to CICs being cut to 15 days or less: RBI chief
August 8, 2024
Frequency of reporting credit info to CICs being cut to 15 days or less: RBI chief
The RBI proposes to increase the frequency of reporting of credit information to credit information companies (CICs) to a fortnightly…
RBI leaves repo rate unchanged to ensure price stability with growth
August 8, 2024
RBI leaves repo rate unchanged to ensure price stability with growth
The RBI on Thursday kept the key policy repo rate unchanged at 6.5 per cent for a ninth consecutive meeting…
Credit card spendings via UPI platform touch new high
August 7, 2024
Credit card spendings via UPI platform touch new high
The Unified Payments Interface (UPI) platform, a flagship of the Indian Digital Public Infrastructure (DPI) which has gone global, has…
Responsible Gen AI adoption could add $675 billion in economic value for India
August 6, 2024
Responsible Gen AI adoption could add $675 billion in economic value for India
Embracing a people-centric approach while adopting generative AI (GenAI) could add an extra $675 billion for India in economic value…
SBI posts marginal increase in Q1 net profit at Rs 17,035 crore
August 4, 2024
SBI posts marginal increase in Q1 net profit at Rs 17,035 crore
State Bank of India (SBI) on Saturday reported a standalone net profit of Rs 17,035 crore for the April-June quarter…
India received $3 billion from global PE investors in Jan-June period
August 3, 2024
India received $3 billion from global PE investors in Jan-June period
India ranked fifth in cross-border real estate investments in the Asia-Pacific region, attracting 9 per cent of the total volume…