A PayNearby report reveals that many MSMEs in India favor UPI for transactions. About 48% prefer UPI, followed by Aadhaar-enabled banking at 39%. Women entrepreneurs like Aadhaar banking more. Smartphones are key for business, used by 71% overall and 84% of women. Digital tools boost efficiency and income for small businesses.
Union Minister Nitin Gadkari voiced concerns about India's widening wealth gap, emphasizing the need for inclusive economic growth and wealth decentralization at a Nagpur event. He lauded past economic reforms but cautioned against unch ...more
Sebi is tightening its grip on market manipulation, as Chairman Tuhin Kanta Pandey warns against any misconduct. This follows an interim order against Jane Street Group, accused of manipulating stock indices and ordered to return ₹4,8 ...more
OPEC+ surprised markets by announcing a larger-than-expected oil production increase of 548,000 barrels per day for August, exceeding analysts' predictions. This decision, driven by a positive global economic outlook and low oil invento ...more
India has reserved its right to impose retaliatory tariffs on the US following a 25% tariff on Indian auto parts, a procedural move under WTO safeguards. This action won't impede ongoing trade deal talks, aiming for a $500 billion bilat ...more
Members agree to raise supply by 548,000 barrels a day
Currently trading at around ₹2,300, there is a key resistance-turned-support at ₹2,260
Why be mindful of outcomes of placing such orders
Last week’s decline in Nifty 50 and Nifty Bank appears transitory
We expect the stock to witness some moderation from the current level
The CCI direction came over a complaint filed by ONGC alleging cartelisation in its tender
The fund combines active duration strategy with higher exposure to AA-rated debt instruments
ULIP with smart insurance plan option targets young investors
Union Minister Piyush Goyal emphasized that India's future growth will be fueled by technology, innovation, and startups at the IIT Madras Alumni Association event. He highlighted India's shift from job seeker to job creator, supported ...more
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