New Delhi, Aug 13 — India's payments sector has attracted nearly $5.8 billion in funding across 371 disclosed equity rounds since 2021, underscoring the transformative impact of the Unified Payments Interface (UPI) on the country's digital payments ecosystem, a report said on Thursday.The report by…
New Delhi, Aug 13 — The Centre’s thrust on inclusive development is being implemented with a sharp increase in budgetary outlays for rural and tribal communities to improve the quality of life at the grassroots level through better basic services, resilient infrastructure, skills, education, and…
New Delhi, Aug 13 — India has a significant opportunity to emerge as a preferred global logistics and air cargo hub, supported by expanding manufacturing, a growing digital economy, modern logistics infrastructure and progressive policies, a statement said on Thursday citing experts.Sanjiv Edward,…
New Delhi, Aug 13 — India's gross gem and jewellery exports rose 2.44 per cent in US dollar terms to $9.17 billion during April-July 2026 due to strong growth in value-added segments such as studded gold and silver jewellery, according to data released by the Gem & Jewellery Export Promotion…
New Delhi, Aug 13 — Specialised Investment Fund assets under management rose 30 per cent month‑on‑month to Rs 23,177 crore in July 2026, with 94,447 folios taking the investor base close to the 1 lakh mark, a report said on Thursday.The report from ValueMetrics said hybrid investment strategies…
Mumbai, Aug 13 — Tata Trusts on Thursday initiated the process to identify the next chairman of Tata Sons after incumbent N Chandrasekaran decided not to seek reappointment when his current term ends in February 2027.The Sir Dorabji Tata Trust (SDTT) -- the principal shareholder in Tata Sons…
New Delhi, Aug 13 — India's automobile industry recorded its strongest-ever July sales performance with passenger vehicle, two-wheeler and three-wheeler dispatches posting robust double-digit growth, according to data released by industry body Society of Indian Automobile Manufacturers (SIAM) on…
Mumbai, Aug 13 — Black Box Limited (BSE: 500463 | NSE: BBOX), a leading provider of digital infrastructure solutions, on Thursday announced its unaudited financial results for the quarter ended June 30, 2026.Its Q1 revenue rose by 24 per cent; EBITDA Grew by 38 per cent; order backlog reached an…
New Delhi, Aug 13 — Shares of One 97 Communications Ltd -- a parent firm of Paytm -- traded lower on Thursday after the fintech firm informed that its top management received a show‑cause notice over the timing of its 2023 announcement that curtailed small personal loans.As of around 11:45 am,…
New Delhi, Aug 13 — The government is considering restoring the merchant discount rate (MDR) on certain high-value UPI transactions or introducing a tiered incentive structure to gradually reduce government support for the digital payments ecosystem, the Finance Ministry has told a Parliamentary…
Chennai, Aug 13 — The Tamil Nadu government will host the Vetri Tamil Nadu Investors’ Summit in Chennai on Thursday as part of its ambitious drive to attract industrial investments worth more than Rs 1 lakh crore within its first 100 days in office. Chief Minister C. Joseph Vijay will preside over…
New Delhi, Aug 13 — State Bank of India Chairman Challa Sreenivasulu Setty has said that the state-owned bank's latest overseas bond issue, priced at the tightest spread among Indian public bond issuances since the RBI swap window announcement, reflects strong global investor confidence in India's…
New Delhi, Aug 13 — As part of the August periodic review, MSCI -- the global index provider -- has added Adani Energy Solutions and three other companies to its MSCI India Index, while three firms have been removed from the index.According to MSCI, the other stocks added to the index are from…
Mumbai, Aug 13 — Equity benchmarks opened little changed on Thursday as investors balanced robust domestic growth indicators against lingering concerns over crude oil prices.Sensex opened 145.56 points or 0.19 per cent higher at 78,111.91, while Nifty slipped marginally by 4.35 points or 0.02 per…
New Delhi, Aug 13 — India added 34 GWdc (gigawatts direct current) of solar capacity in the first half of 2026 -- 38 per cent above the H1 2025 levels -- and the country is on track to record 50 GWdc this year, a new report showed on Thursday.India is set to commission more solar capacity in 2026…
Seoul, Aug 13 — Foreign investors remained net sellers of South Korean securities for the sixth consecutive month in July, central bank data showed on Thursday, amid a broader market readjustment.Offshore investors sold a net US$21.65 billion worth of local stocks and bonds last month, following…
New Delhi, Aug 13 — India is working on advancing multilingual, voice-first AI solutions for inclusive governance and citizen-centric public service delivery, according to an official statement.Towards this goal, the Digital India BHASHINI Division (DIBD) and NITI Aayog have signed a statement of…
Chennai, Aug 13 — The Greater Chennai Corporation has clarified that the revised property tax notices issued to several residents and businesses do not amount to a general tax increase, amid growing complaints over steep assessments. Corporation Commissioner G.S. Sameeran said the revision applied…
Amaravati, Aug 12 — A delegation led by Karan Adani, Managing Director of Adani Ports and SEZ Limited, met Andhra Pradesh Chief Minister N. Chandrababu Naidu and briefed him on the proposed titanium plant to be established by the Adani Group in Srikakulam district with an investment of Rs 16,000…
New Delhi, Aug 12 — The government on Wednesday said that India and the Southern African Customs Union (SACU) have signed the Terms of Reference (ToR) for negotiations towards a Preferential Trade Agreement (PTA) between India and SACU, marking an important step towards strengthening trade and…
Ahmedabad, Aug 12 — Madhya Pradesh received investment proposals worth Rs 8,635 crore during a mega investment dialogue with Gujarat's industrial sector in Ahmedabad on Wednesday, with the proposed projects expected to generate 5,785 employment opportunities across sectors, including cement,…