Clean and sustainable India important for a robust economy: NSE CEO

The 'Swachh Bharat Diwas 2024' showcases India's decade-long movement towards cleanliness, sanitation and sustainable living through the ‘Swachh Bharat Mission’, the National Stock Exchange (NSE) MD and CEO, Ashishkumar Chauhan, said on Wednesday.   In a statement, Chauhan said that the mission has embodied 'Jan Bhagidari' (people's participation) in action, which is key for a … Read more

Revolutionary shift: FM Nirmala Sitharaman hails rise in credit-driven consumption in rural India

Finance Minister Nirmala Sitharaman has lauded the meteoric rise in credit-driven consumption in small cities and towns, calling it a “revolutionary shift” that has been made possible due to the Pradhan Mantri Jan Dhan Yojana (PMJDY).  A definitive surge has been reported in household consumption in tier 2, 3 and 4 cities and even beyond, … Read more

'Job creation powerhouse': FM Nirmala Sitharaman credits PM Narendra Modi for manufacturing sector boost

Finance Minister Nirmala Sitharaman on Tuesday credited Prime Minister Narendra Modi for the recently reported remarkable surge in manufacturing jobs and wages for workers in FY 23, where they have risen by 7.6 per cent and 5.5 per cent, respectively, saying under his leadership, the sector has "not only rebounded but is now thriving".  As … Read more

Resilient domestic growth, continued policy support give India Inc a strong credit boost

 Leading credit ratings agencies on Tuesday highlighted the sustained strengthening of India Inc's credit quality, reflecting resilient domestic growth supported by the government's continued policy support.   Crisil Ratings upgraded 506 companies in the first half of the current fiscal compared to 184 downgrades, which is an upgrade-to-downgrade ratio of 2.75 from 1.79 times in … Read more

Zerodha says equity delivery to remain free, 10 pc revenue may get affected

Leading online brokerage Zerodha said on Tuesday it will not charge users after the revised exchange transaction charges (ETC) and securities transaction tax (STT) came into effect from Tuesday. The company, however, said this is a substantial change that will have a significant impact on the financials of all brokers.  Zerodha’s Co-founder and CEO Nithin … Read more