PhonePe launches platform for merchant lending
Jun 26, 2023, at 06:27 pm
Hyderabad/UNI: PhonePe, India’s largest payments app, enabling digital inclusion for consumers and merchants alike, on Monday announced the launch of its Merchant lending platform allowing Banks and NBFC's (Non-Banking Financial Companies) to provide access to credit in a completely digital and seamless manner to its vast merchant base of over 35 million merchants.
Startup ecosystem creation: Paytm inks MoU with Arunachal Pradesh
Jun 26, 2023, at 04:21 am
Paytm Payment Services Limited recently signed an MoU with Arunachal Pradesh Innovation and Investment Park (APIIP) to initiate a startup ecosystem for the youth of the northeastern state.
Indian Railways signs MoU with USAID/India to achieve Net Zero carbon emission by 2030
Jun 24, 2023, at 07:48 am
New Delhi: Indian Railways (IR) has signed a Memorandum of Understanding (MoU) with United States Agency for International Development/India (USAID/India)for collaboration on Renewable energy and Energy Efficiency.
Indian Railways to float Rs 25,000 cr tender to buy 60,000 wagons: Report
Jun 24, 2023, at 07:33 am
New Delhi: The Ministry of Railways intends to acquire approximately 60,000 additional wagons at an estimated cost of Rs 25,000 crore to enhance the proportion of freight traffic carried by Indian Railways (IR), Moneycontrol reported.
Jun 24, 2023, at 06:16 am
Mumbai: Inflation is impacting personal consumption expenditure and reducing consumer spending, according to the Reserve Bank of India (RBI)'s bulletin for June.
UPI transactions to account for India's 90% of retail digital transactions: RBI
Jun 24, 2023, at 06:03 am
Mumbai: The Unified Payments Interface (UPI) is projected to contribute to 90 percent of retail digital transactions volume in the coming five years, according to the Reserve Bank of India (RBI) bulletin.
Jun 24, 2023, at 05:51 am
Luxury car manufacturer Mercedes-Benz has stated that India should not provide any special or exclusive privileges to electric car maker Tesla, media reports said.
Adani JV secures $213 mln funding to finance data centers in Noida and Chennai
Jun 24, 2023, at 05:17 am
AdaniConneX, a joint venture between Adani Enterprises and EdgeConneX, has secured $213 million in funding to support its data center projects in Noida and Chennai, media reports said.
Jun 24, 2023, at 04:37 am
New Delhi: The first ‘Made-in-India’ chips are expected to be launched by December 2024 and the country is expected to have around 4-5 semiconductor facilities established within a year, Union Minister for Communications and IT Ashwini Vaishnaw said on Friday.
Jun 24, 2023, at 03:42 am
New Delhi: The disbursement of pending dues of employees at British India Corporation Ltd. (BIC) is expected to begin from Saturday, June 24, 2023, the Ministry of Textiles said in a statement.
Jun 24, 2023, at 03:20 am
New Delhi: Electricity tariffs will now vary according to the time of day as the Centre has made changes to the prevailing power tariff system.
India, US resolve 6 out 7 WTO disputes through discussions amid PM Modi's State visit to the US
Jun 24, 2023, at 02:58 am
New Delhi: India and the US successfully resolved six out of seven disputes at the World Trade Organization (WTO) through bilateral discussions during Prime Minister Narendra Modi's State visit to the US, according to Commerce Minister Piyush Goyal.
Indian Market: Sensex drops 259.52 pts
Jun 23, 2023, at 10:43 pm
Mumbai: The BSE Sensex on Friday slipped further by 259.52 pts to close at 62,979.37 as heavy selling was seen in Commodities, Oil and Gas, Power and Metal stocks.
Applied Materials CEO Dickerson feels it is time for India to grow and shine
Jun 23, 2023, at 10:19 pm
Gary E. Dickerson, the President and CEO of Applied Materials, on Wednesday, met Indian PM Narendra Modi and said he feels it is time for India to drive remarkable growth and shine.
Micron Technology chief Sanjay Mehrotra describes meeting with Narendra Modi as 'excellent'
Jun 23, 2023, at 10:17 pm
Sanjay Mehrotra, President-CEO of Micron Technology, on Wednesday, said his meeting with Indian PM Narendra Modi was 'excellent'.
The Significance of Validating the IDV for Your Vehicle: Are You on Track?
Jun 23, 2023, at 07:12 pm
IDV stands for Insured Declared Value. It is the maximum sum assured by an insurance company in case of a total loss or theft of a vehicle. It represents the current market value of the insured car. In car insurance, the IDV plays a crucial role in determining the premium amount and the claim settlement.
Harsh Dugar appointed as Federal Bank's executive director
Jun 23, 2023, at 07:09 pm
Harsh Dugar has been appointed as the executive director of Federal Bank after following approval from the Reserve Bank of India (RBI).
7 Ways to Improve Your Credit Score to Get a Good Bike Loan Offer
Jun 23, 2023, at 05:41 pm
When you apply for a bike loan, your credit score is one of the most critical factors lenders assess. This is because a credit score numerically represents your credit profile and ranges between 300 - 900. The closer it is to 900, the better your chances of a better offer.
Canara Robeco Mutual Fund sees substantial AUM growth in the last 5 years: AMFI
Jun 23, 2023, at 02:03 pm
Kolkata: Canara Robeco Mutual Fund, the second oldest fund house in India, has seen its assets under management zooming by 400% in the last five years, reaching Rs 62,544 crore as on 31st March, 2023 from Rs 12,532 crore on 31st March, 2018 as per the data published by AMFI.
Jun 23, 2023, at 01:50 pm
New Delhi: Steel minister Jyotiraditya Scindia will virtually inaugurate silica reduction plant at Steel Authority of India Ltd's (SAIL) Bhilai Steel Plant's Dalli Mines on Friday.
Govt sets BIS standard for disposable tableware made of agri by-products
Jun 23, 2023, at 01:33 pm
New Delhi: The Bureau of Indian Standards (BIS) has published standard for utensils made of agri by-products aimed to provide comprehensive guidelines to manufacturers and consumers, ensuring uniformity in quality requirements across the country.
Steep rally in carbon prices and CBAM compliance in EU could curtail profits of Indian steel makers
Jun 23, 2023, at 12:50 pm
New Delhi: In the wake of the European Union’s (EU) latest framework for the imposition of taxes on embedded carbon imports, Indian steel mills are at the risk of lower profits and a loss of market share in Europe, according to ratings agency ICRA.
SBI Mutual Fund positive on debt funds in FY24
Jun 23, 2023, at 03:38 am
Mumbai: Fixed income continues to remain an important avenue for wealth creation and asset allocation during this year, as per Periscope, SBI Funds Management's outlook for the fixed income market in FY24
India's newest airline Akasa Air orders four more jets
Jun 22, 2023, at 06:45 am
Mumbai: Akasa Air, India's newest airline, has confirmed an order for four additional Boeing 737-8 jets, as announced during the Paris Air Show, media reports said.
Jun 22, 2023, at 06:25 am
The Federal Trade Commission (FTC) has slapped legal charges on Amazon.com Inc, alleging that the company enrolled millions of consumers into its paid subscription service, Amazon Prime, without their consent and made it difficult for them to cancel, Reuters reported.
SpiceJet reaches settlement agreement with aircraft lessor Nordic Aviation Capital
Jun 22, 2023, at 06:09 am
Mumbai: SpiceJet has reached a settlement agreement with Nordic Aviation Capital (NAC), a prominent lessor of its Q400 aircraft, ANI reported.
YouTube's first-ever shopping channel to hit the South Korean market: Report
Jun 22, 2023, at 05:59 am
Seoul: YouTube is set to launch its first-ever shopping channel for live commerce in South Korea on June 30, Reuters reported citing Yonhap news agency.
Jun 22, 2023, at 05:45 am
Mumbai: Reliance Industries Ltd, led by billionaire Mukesh Ambani, holds the top spot as the most valuable private company in India, with a staggering value of Rs 16.4 lakh crore, as per Hurun India's 2022 Burgundy Private Hurun India 500 list.
Jun 22, 2023, at 05:00 am
New Delhi: Telecom Regulatory Authority of India (TRAI) has issued recommendations on the licensing framework and regulatory mechanism for submarine cable landing in India.
DSP Mutual Fund launches DSP Nifty IT ETF
Jun 21, 2023, at 10:48 pm
Kolkata: DSP Mutual Fund on Thursday announced the launch of DSP Nifty IT ETF, an open-ended exchange traded fund (ETF) replicating/tracking the Nifty IT index.