E-commerce growth in India to hit $150 bn by 2026: Report

New Delhi (IANS) The e-commerce transaction value in India is likely to rise from $83 billion in 2022 to nearly $150 billion in 2026 at a 16 per cent compound annual growth rate, a report showed on Wednesday.

The Philippines, Indonesia, India,…

RIL stock has historically outperformed going into AGM

New Delhi (IANS) Historically, Reliance Industries Limited (RIL) has made key announcements on value unlocking catalysts and future growth plans in their AGM, BofA Global Research said in a note.

“We expect similar announcements this year,…

India's economic scale, market potential enabling startups to flourish: Piyush Goyal

Gurugram (IANS) Union minister Piyush Goyal said on Tuesday that India's remarkable economic scale and market potential have played a pivotal role in enabling startups to flourish and thrive in the global startup ecosystem. 

Addressing…

Alstom India to onboard 58% women engineers under its flagship programme

Bengaluru (IANS) Alstom India on Tuesday announced to onboard 700 engineers, of which 58 per cent will be women, for its flagship young engineering graduate programme (YEGP) of 2023.

This is the highest ever intake under this initiative in…

India's market cap outperforms global markets

New Delhi (IANS) Global market cap rose 7.3 per cent ($7.2Tn) over the last 12 months, while India's market cap jumped 17.2 per cent Barring Russia and China, all key global markets witnessed a rise in market cap over the last 12 months, Motilal…

India registered FII equity inflow of $12 billion for June quarter

New Delhi (IANS) Compared with other countries, India has registered an FII inflow (equity) of $12.2 billion for the quarter ended June 30.

On the other hand, countries such as South Korea, Taiwan and Indonesia have received far less inflows…

Centre launches Bharat 6G alliance as India acquires 200 6G patents

New Delhi (IANS) Union Communications and Electronics & Information Technology Ashwini Vaishnaw on Monday unveiled the Bharat 6G Alliance, a new initiative to launch the next-generation technology in India after a successful roll-out of 5G.

Bharat…

Sensex scales 65K but analysts say valuations getting stretched

New Delhi (IANS) The BSE Sensex scaled 65,000 on Monday led by Reliance Industries. Indian markets have been scaling new highs led by huge FII buying.

Reliance was the top gainer in Sensex up by 2.32 per cent. HDFC twins and SBI among financial…

Nifty's journey from 18K to 19K took 425 trading days as against only 30 days from 17K to 18K

New Delhi (IANS) After a roller-coaster ride of 18 months, Nifty-50 finally surpassed its all-time high and touched the 19,000 mark in June 23.

Nifty's journey from 18,000 to 19,000 took 425 trading days (from October'21-June'23)…

WhatsApp blocks over 65 lakh bad accounts in India in May

New Delhi (IANS) Meta-owned WhatsApp banned more than 65 lakh bad accounts in India in the month of May, in compliance with the new IT Rules 2021, the company informed on Sunday.

Between May 1 and May 31, 6,508,000 WhatsApp accounts were banned…