Business

December 8, 2024 12:51 PM

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India’s UPI succeeded in increasing financial inclusion and promoting equitable economic growth

India’s Unified Payments Interface (UPI) has succeeded in increasing financial inclusion and promoting equitable economic growth. According to a new study by IIM and ISB, UPI has enabled underserved groups, including subprime and new-to-credit borrowers to access formal credit for the first time. Th...

December 8, 2024 9:00 AM

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Union Minister Piyush Goyal to meet Norwegian industry delegation in Mumbai

Union Minister of Commerce and Industry Piyush Goyal will meet a Norwegian industry delegation, led by Norwegian Ambassador May-Elin Stener, in Mumbai today. According to a statement from the Ministry of Commerce and Industry, the key focus of the business roundtable will be on the recent Free Trade...

December 6, 2024 4:07 PM

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Sensex Falls 57 Points; Nifty Ends Below 24,700 Mark

Domestic benchmark equity indices ended marginally lower in today's volatile session, snapping their five-day winning streak. The 30-share BSE Sensex shed 57 points, or 0.07 percent, to close at 81,709 and the NSE Nifty50 dipped 31 points, or 0.12 percent, to settle at 24,678. In the Global Crude Ma...

December 5, 2024 8:45 PM

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S&P Global Ratings predicts 3% global economic expansion in 2025

S&P Global Ratings predicts a 3 percent global economic expansion in 2025, with growth slowing in the U.S. and China, while the Eurozone recovers and emerging markets stabilize. The forecast cites easing inflation, resilient labor markets, and strong consumer spending as key factors supporting s...

December 5, 2024 4:35 PM

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MOSPI releases results of ASI for April 2022 – March 2023 in New Delhi

The Ministry of Statistics and Programme Implementation today released the results of the Annual Survey of Industries - ASI, for the period April 2022 to March 2023 in New Delhi. The Survey provides valuable input to the National Account Statistics at the national and state levels.         Talking a...

December 4, 2024 5:57 PM

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Domestic market maintains its positive trend

Domestic benchmark equity indices today maintained their positive trajectory, supported by gains in realty and banking stocks. The 30-share BSE Sensex added 110 points, or 0.14 per cent, to close at 80,956 and the NSE Nifty50 ended nearly flat, marginally up by 10 points, to settle at 24,467. The br...

December 2, 2024 5:03 PM

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Benchmark Indices Surge: Sensex Closes at 80,248, Nifty at 24,276

Domestic benchmark equity indices ended with gains of over half percent, driven by rally in pharma, realty, and auto stocks. The 30-share BSE Sensex gained 445 points, or 0.56 percent, to close at 80,248 and the NSE Nifty50 advanced 145 points, or 0.6 percent, to settle at 24,276.   The broader mark...