Temporary workforce powering NBFC growth in India, driving financial inclusion: Report

New Delhi (IANS) The temporary workforce has emerged as a backbone of the non-banking financial companies (NBFC) sector, taking on crucial roles such as collection officers, sales officers and relationship managers, a new report said on Monday. 

Adani Portfolio's tax contributions reach Rs 58,104 crore for FY 2023-24

Ahmedabad (IANS) The Adani Group's total global tax and other contributions to the exchequer amounted to Rs 58,104.4 crore for the financial year 2023-24, showcasing a significant increase from the previous year's Rs 46,610.2 crore through…

UPI emerges as dominant force driving financial inclusion in India

Riyadh (IANS) Leaders of Egypt, Jordan, Saudi Arabia, the United Arab Emirates (UAE), Qatar, Kuwait, and Bahrain met in Saudi Arabia's capital Riyadh to discuss the Palestinian issue and the developments in the Gaza Strip, the official Saudi Press…

Indian stock market consolidates amid global uncertainties, FIIs to return soon

Mumbai (IANS) Indian stock markets remained in a consolidation phase this week, with benchmark indices Sensex and Nifty slipped over half a per cent amid weak global cues and trade war concerns. 

Sensex and Nifty started the week on a positive…

22 Indian startups raise over $184 million in funding this week

New Delhi (IANS) At least 22 Indian startups raised more than $184 million in funding this week, which included 10 growth-stage deals and 12 early-stage rounds. 

Early-stage startups also attracted investor interest with raising a total of…

India’s fruit exports break new ground in rich markets as Centre’s GI tags drive growth

New Delhi (IANS) India’s agricultural exports have broken new ground under the Modi government with shipments of the country’s fruits entering lucrative markets in the west for the first time and exports of rice posting a record growth, enabling farmers…

Stock market ends lower amid broad-based weakness, weak global cues

Mumbai (IANS) The Indian stock market closed lower on Friday and on a weekly basis, the Nifty and the Sensex extended their losses amid weak global cues and broad-based weakness. 

At the closing bell, Sensex closed 424.90 points, or 0.56 per…

India to transform into high-income country with GDP of $23–$35 trillion by 2047

New Delhi (IANS) India is set to transform into a high-income country with a projected GDP of $23–$35 trillion by 2047, driven by sustained annual growth of 8-10 per cent, according to a report on Thursday. 

This will be powered by India’s…

Indian stock market ends lower, small and midcap shares shine

Mumbai (IANS) India's domestic benchmark indices ended lower for the third consecutive session on Thursday as selling was seen in the IT, pharma and financial services sectors. 

Sensex ended at 75,735.96 down by 203.22 points or 0.27 per…

Earning Indians allocating over 33 pc of income towards paying loan EMIs: Report

Bengaluru (IANS) As private consumption surges in India, earning individuals across all city tiers are allocating more than 33 per cent of their income (on average) towards paying loan EMIs, a report showed on Wednesday. 

People spend the highest…