New Delhi/IBNS: India is set to join the Financial Action Task Force's (FATF) prestigious group of top performers on September 19.
India, Japan discuss macroeconomic situation during Finance Dialogue
India and Japanese officials recently exchanged their views on the macroeconomic situation in both countries during their second Finance Dialogue held on September 6.
India surpasses U.S. as the 2nd largest market for 5G smartphones
New Delhi: India has surpassed the US to become the second-largest market for 5G smartphones, an ET Telecom report said, citing a recent study by Counterpoint Research.
India overtakes US to become second-biggest 5G handset market, shows new research data
India overtook the US to become the world’s second-biggest 5G handset market for the first time, behind China, a recent research said.
Singapore plans to make major investment in India in coming years: Piyush Goyal
New Delhi/IBNS: Union Commerce and Industry Minister Piyush Goyal Thursday said Singapore has already invested about $150 billion in India and is ready to invest five times that amount in the coming years.
World Bank's latest report ups India's growth forecast for FY25 to 7 percent
The World Bank on Tuesday upgraded India's growth forecast for the FY24/25 to seven percent, giving a boost to the country's financial journey.
Types of Pension Plans in India – Explained in Detail
With rising inflation, you must invest money in pension plans to secure your post-retirement life. The earlier you start investing, the smoother your financial journey will be. However, when it comes to choosing the best pension plan for investment, you will find various types available in India. For instance, if you decide to invest in NPS, you must first understand what is Tier 1 and Tier 2 in NPS before choosing the right pension plan.
India sole Asia-Pacific market with double-digit growth in FMCG and tech durables: Report
A report by consumer research firm NielsenIQ (NIQ) highlights India's dominant position as the only market in the Asia-Pacific region consistently achieving double-digit growth in the FMCG, and tech and consumer durables (T&D) sectors, media reports said.
UPI merchant transactions in Nepal surpass 100,000 mark, announces NPCI
NPCI International Payments Limited (NIPL), the international armof National Payments Corporation of India (NPCI), recently announced surpassing 100,000 cross-border Unified Payments Interface (UPI) Person-toMerchant (P2M) transactions in Nepal.
India projected to surpass China to become world's largest two-wheeler market
New Delhi/IBNS: India is projected to overtake China to become the world's largest two-wheeler nation in CY24, as per Counterpoint Research.
Indian government setting up 12 new industrial parks: Piyush Goyal
Union Minister Piyush Goyal recently said the Indian government is setting up 12 new industrial parks across the country and has 5-6 mega textile parks lined up and urged the private sector to take advantage of it.
Indian auto component industry clocks Rs. 6.14 lakh crore turnover in FY 2023-24
Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s Auto Component manufacturing industry on Thursday announced the findings of its Industry Performance Review for the fiscal year 2023-24 which showed the turnover of the automotive component industry stood at Rs. 6.14 lakh crore (USD 74.1 billion) for the period, registering a growth of 9.8% over the previous year.
Union Minister for Finance & Corporate Affairs Nirmala Sitharaman announced a financial support for loans upto Rs. 10 lakh for higher education in domestic institutions for helping youth who have not been eligible for any benefit under government schemes and policies.
Nirmala Sitharaman proposes abolishment of angel tax to bolster Indian start-up eco-system
Union Finance Minister Nirmala Sitharaman proposed to abolish ‘angel tax’ for all classes of investors while presenting the Union Budget 2024-25 in Parliament on Tuesday.
The Indian Economic Survey 2023-24 showed that the Indian economy needs to generate an average of nearly 7.85 million jobs annually until 2030 in the non-farm sector to cater to the rising workforce.