India's airlines log 6 pc rise in traffic with 16 crore flyers on domestic routes in 2024

New Delhi (IANS) India’s domestic air passenger traffic rose by 6.12 per cent to 16.13 crore in 2024 from 15.2 crore in the previous year, according to the latest data compiled by the Directorate General of Civil Aviation (DGCA). 

The country’s…

Kotak Mahindra Bank acquires Standard Chartered India's personal loan biz for Rs 3,330 cr

Mumbai (IANS) Kotak Mahindra Bank on Thursday said it has completed the acquisition of the personal loan portfolio of Standard Chartered India for Rs 3,330 crore. 

The acquisition, which received the necessary regulatory approvals, will help…

India witnesses 8 pc jump in average flat size in 2024, NCR sees 29 pc

Mumbai (IANS) Average flat sizes in the top seven Indian cities rose by 8 per cent annually in 2024 – from 1,420 square feet in 2023 to 1,540 square feet in 2024, said a report on Wednesday. 

The national capital region (NCR) saw the steepest…

Sensex jumps 566 points, Nifty holds at 23,000 as US tariff fears ease

Mumbai (IANS) The Indian stock market witnessed a roller-coaster ride on Wednesday, as benchmark indices Sensex and Nifty bounced back strongly in the latter half of the day after uncertainties over impending US trade tariff eased. 

At the…

Indian stock market trades flat as new US President avoids tariffs on Day 1

Mumbai (IANS) Indian benchmark indices traded almost flat on Tuesday morning, tracking gains in Asia, after Donald Trump took over as the 47th US President and did not immediately impose trade tariffs as widely expected. The Nifty 50 was up 0.25 per…

Trump 2.0 jitters: Sensex tanks over 1,200 points, Nifty ends at 23,024

Mumbai (IANS) As the new US President Donald Trump began his second innings with signing several executive orders along with sounding threats about impending trade tariffs on certain countries and BRICS nations, both Sensex and Nifty plunged on Tuesday.

Paytm log 10 pc revenue jump at Rs 1,828 crore in Q3, PAT improved by Rs 208 crore

New Delhi (IANS) Leading payments and financial services company, Paytm, on Monday reported impressive robust growth across key financial metrics. The company’s operating revenue surged by 10 per cent quarter-on-quarter (QoQ) to Rs 1,828 crore in…

Foreign investments by Indian firms register double digit growth at $37.7 billion in 2024

New Delhi (IANS) Overseas FDI investments by Indian companies shot up by a robust 17 per cent to $37.7 billion in the calendar year 2024 from $32.29 billion in the previous year, reflecting the increasing strength of the country’s corporate sector…

Hindenburg founder Anderson named in investigations for securities fraud, faulty disclosures: Reports

New Delhi (IANS) Substantial evidence has begun to emerge against the controversial short-seller Hindenburg Research and its founder Nathan Anderson in a court battle in Ontario, Canada, exposing Hindenburg's secret ties, and potential securities…

IMF projects India growth to be solid at 6.5 pc in 2025 and 2026

New Delhi (IANS) In India, the economic growth is projected to be solid at 6.5 per cent in 2025 and 2026, as projected in October and in line with potential, the International Monetary Fund (IMF) has said in its latest World Economic Outlook (WEO)…