Business

Mumbai: Reserve Bank of India (RBI) Monday announced that it has now joined Project Nexus with the four ASEAN countries to create a platform to facilitate instantaneous cross-border retail payments. Nexus, conceptualised by the Innovation Hub of the Bank for International Settlements (BIS), aims to...

New Delhi: India's manufacturing activity picked up momentum in June on the back of rising consumer demand leading to the fastest rate of hiring in 19 years, according to HSBC's final India Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, released Monday. “The Indian...

Running a small business is rewarding and challenging, filled with opportunities and risks. To safeguard the business from future negative eventualities, it is important to ensure its longevity and success. Business insurance is a tool that acts as a safety valve for managing risks and...

Mumbai: Indian equity indices closed with gains last week despite mixed cues from global peers. Frontline indices both Sensex and Nifty posted gains of more than 2 per cent making their fourth consecutive week of growth. The outlook for the market will be guided by...

New Delhi: The Indian wedding industry size of approximately Rs 10 lakh crore ($130 billion) is second only to food and grocery, with an average Indian spending twice on marriage ceremony than education, a report said. India sees 80 lakh to 1 crore weddings annually...

Mumbai: Indian stock indices gave a stellar performance in the June quarter of FY 2024-25. During the April- June period, Indian stock market capitalisation increased by 13.8 per cent, the highest among the top 10 stock markets. Currently, the Indian equity market is the fifth...

New Delhi: Retirement fund body EPFO's gross new subscribers addition declined by over 4 per cent to 1.09 crore in 2023-24 compared to a year ago, as per a report by Ministry of Statistics & Programme Implementation (MoSPI). According to the report 'Payroll Reporting in...

New Delhi: After two months of net outflow, foreign investors turned buyers in June, infusing Rs 26,565 crore in Indian equities, driven by political stability and a sharp rebound in markets. Looking ahead, attention will gradually shift towards the budget and Q1 FY25 earnings, which...

New Delhi: Nine of the top-10 most valued firms together added Rs 2,89,699.42 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer, in line with a rally in equities. Last week, the BSE benchmark jumped 1,822.83 points or 2.36 per...

Bhubaneswar: Railway Minister Ashwini Vaishnaw Sunday said new railway projects worth Rs 1 lakh crore will be implemented in Odisha in the next five years. Vaishnaw said this while addressing a felicitation programme organised by Odisha BJP here to felicitate the party's 20 MPs and...