Markets continued their gains and made new highs on an intraday and closing basis on the benchmark indices. The benchmark indices recorded gains on all five trading sessions of the week. In doing so, NIFTY has created a new record of gaining 12 straight sessions. BSE SENSEX could not do so as it had … Read more
On the 65th anniversary of Indian Oil Corporation Limited (IOCL), Union Minister for Petroleum and Natural Gas Hardeep Singh Puri acknowledged the "extraordinary contributions" of the company and wished the organisation "continued success in its journey of excellence". The Union minister also commended the company’s role in protecting Indian citizens from soaring global fuel … Read more
Retail investors are leading the Indian stock market and at least 2.2 crore of over 10 crore investors on the National Stock Exchange (NSE) are now women. There are approximately 10 crore registered investors on the NSE and out of that, around 22 per cent are female investors, said Tirthankar Patnaik, chief economist at the … Read more
The Unified Payments Interface (UPI) saw 41 per cent growth (year-on-year) at record 14.96 billion transactions in the month of August, as total transaction amount touched Rs 20.61 lakh crore — a 31 per cent YoY growth, the National Payments Corporation of India (NPCI) data showed on Sunday. The average daily transaction amount stood at … Read more
The Unified Payments Interface (UPI) saw 41 per cent growth (year-on-year) at record 14.96 billion transactions in the month of August, as total transaction amount touched Rs 20.61 lakh crore — a 31 per cent YoY growth, the National Payments Corporation of India (NPCI) data showed on Sunday. The average daily transaction amount stood at … Read more
The Unified Payments Interface (UPI) saw 41 per cent growth (year-on-year) at record 14.96 billion transactions in the month of August, as total transaction amount touched Rs 20.61 lakh crore — a 31 per cent YoY growth, the National Payments Corporation of India (NPCI) data showed on Sunday. The average daily transaction amount stood at … Read more
Biomanufacturing and bio-foundry, which are part of the new BioE3 (Biotechnology for Economy, Environment and Employment) policy, will drive India’s green growth, said Dr. Jitendra Singh, Union Minister of State (Independent Charge) for Science and Technology. He said this while formally releasing the pathbreaking new Bioeconomy policy at L Media Centre in the national capital. … Read more
The Unified Payments Interface (UPI) saw 41 per cent growth (year-on-year) at record 14.96 billion transactions in the month of August, as total transaction amount touched Rs 20.61 lakh crore — a 31 per cent YoY growth, the National Payments Corporation of India (NPCI) data showed on Sunday. The average daily transaction amount stood at … Read more
At least 31 homegrown startups raised more than $466 million in 22 deals this week, a significant 75 per cent rise from last week. Quick e-commerce platform Zepto raised $340 million in a follow-on financing round, taking the company’s valuation to $5 billion. General Catalyst led the round, with Dragon Fund, and Epiq Capital joining … Read more
Foreign portfolio investors (FPIs) have increased buying in the Indian debt market because the rupee has been stable this year and the stability is expected to continue, market watchers said on Saturday. Bulk of the buying that FPIs are doing now are through the ‘primary market and others’ category. In the cash market, they have … Read more