In order to achieve a $30 trillion GDP by 2047, India will require a 20 times growth in the financial services sector, with banks playing a pivotal role, a report showed on Thursday. Future growth will require $4 trillion of capital base in banks, one-third of which will have to be fresh capital deployment, according … Read more
Minda Corporation is currently trading at Rs. 585.40, up by 12.20 points or 2.13% from its previous closing of Rs. 573.20 on the BSE. The scrip opened at Rs. 578.00 and has touched a high and low of Rs. 590.00 and Rs. 574.70 respectively. So far 17457 shares were traded on the counter. The BSE … Read more
Indian women are rising the corporate ladder as they are leading about 18 per cent of 111 unicorns (valued at $1 billion) in the startup and financial technology space, said Nirmala Sitharaman, Union Finance Minister. Speaking at a conference organised by the FICCI-FLO Chennai Chapter in Chennai, Sitharaman said the number of women directors in … Read more
In a bid to empower the farmers' community, the government is targeting to create digital identities for 11 crore farmers over the three fiscals which will be similar to Aadhaar card. The goal is part of ‘AgriStack’ initiative which has been designed as a farmer-centric Digital Public Infrastructure (DPI) to streamline services and scheme delivery … Read more
Indian rupee strengthened against the US dollar on Thursday, tracking weak American currency at overseas market and after data showing a slowdown in the US labour market fuelled bets on a big rate cut from the Federal Reserve later this month. Moreover, drop in crude oil prices and foreign fund inflows have also supported rupee … Read more
The Global Trade Research Initiative (GTRI) Founder Ajay Srivastava has said that the World Bank's suggestion for India to reconsider joining RCEP (Regional Comprehensive Economic Partnership) is based on flawed assumptions and outdated projections. He said for developing countries like India, policy decisions must be rooted in real-world data and a thorough understanding of the … Read more
Tamil Nadu Chief Minister M.K. Stalin, who is on a 17-day visit to the US to seek investments for the state, has signed a Rs 2,000 crore Memorandum of Understanding (MoU) with Trilliant. This is for establishing Trilliant’s manufacturing unit in Tamil Nadu as well as for constituting their Development and Global Support centre in … Read more
India and Singapore signed memorandums of understanding for cooperation in semiconductors, digital technologies, skill development and healthcare during Indian Prime Minister Narendra Modi's visit to the city-state, foreign ministry said on Thursday. Source link
3C IT Solutions & Telecoms (India) is currently trading at Rs. 36.77, up by 1.27 points or 3.58% from its previous closing of Rs. 35.50 on the BSE. The scrip opened at Rs. 35.85 and has touched a high and low of Rs. 37.99 and Rs. 35.85 respectively. So far 16000 shares were traded … Read more
Unicommerce eSolutions is currently trading at Rs. 205.15, up by 1.10 points or 0.54% from its previous closing of Rs. 204.05 on the BSE. The scrip opened at Rs. 206.75 and has touched a high and low of Rs. 208.80 and Rs. 204.55 respectively. So far 46468 shares were traded on the counter. The BSE … Read more