Digital payment transactions value hits Rs 3,659 lakh cr in FY24, UPI clocks 138 pc growth

The number of digital payment transactions volume in India surged from 2,071 crore in fiscal 2017-18 to 18,737 crore in fiscal 2023-24 at a compounded annual growth rate (CAGR) of 44 per cent, the government said on Friday.   Furthermore, during the last five months (April-August) of the current financial year 2024-25, the transaction volume … Read more

Consumer price inflation for farm and rural labourers further eases in August

The retail inflation rate for farm and rural workers fell to 5.96 per cent and 6.08 per cent, respectively, in August compared to 6.17 per cent and 6.20 per cent registered in July, the government said on Friday.   The All-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) registered an increase … Read more

$1.3 trillion opportunity for EV revolution in emerging Asia, India holds the future

The mobility sector in the emerging markets of South and Southeast Asia could absorb up to $1.3 trillion in green capital by 2030 and India holds the future, a new report said on Friday.  In India, electric scooters and three-wheelers are currently around $40- $112 cheaper per year to own than petrol alternatives based on … Read more

Adani Energy Solutions to see 20 pc CAGR revenue growth with over 100 pc upside for stock

As India doubles down on electrification to connect more rural areas, Adani Energy Solutions Ltd (AESL) — with its diversified portfolio that includes transmission assets, distribution assets and a smart metering business — is poised to not only see robust growth over the next four years but also continue to outgrow peers for at least … Read more