Economists at the International Monetary Fund cautioned that the Asia Pacific area, whose economy is already showing signs of flagging, could face less growth prospects as a result of China's real estate industry collapse. IMF economists...
This week, major Indian IT firms Tata Consultancy Services, Infosys, and HCLTech released their Q2 FY24 results. A considerable decline in staff counts was seen across all of these organizations. TCS On a quarterly basis, the IT firm...
A top official involved in the matter told Mint that the steel ministry is in the final stages of negotiations to officially launch the National Stainless Steel Policy next year. “We are constantly in talks with the ministry, and the process...
Adani Enterprises lost more than 3%, followed by Adani Power, Adani Total Gas, and Adani Wilmar, which fell more than 1%, and Adani Ports & SEZ, Adani Energy Solutions, and Adani Green Energy, which sank 0.7%-1%. The Supreme Court will hear...
Paytm Payments Bank has been fined Rs 5.4 crore by the RBI for failing to comply with KYC instructions and other cyber security and payments bank requirements. The RBI undertook a special investigation into KYC/AML (anti-money laundering)....
Quantum AMC has announced the launch of a new fund offer (NFO) - Quantum Small Cap Fund - an open-ended equity scheme that invests primarily in Small Cap Stocks. The program will go on sale on Monday, October 16, and will end on Friday, October...
In September, two months after reaching a 15-month high, India's retail inflation slowed even further. Its retail inflation, or CPI, fell to a three-month low in September, owing to lower vegetable costs. Furthermore, inflation fell below the...
Nextbillion Technology (Groww), a venture capital-backed brokerage firm, has surpassed Zerodha Broking to become India's largest brokerage in terms of active clients. Groww had 6.63 million active clients at the end of September, roughly...
According to sources, the beleaguered edtech company Byju's has formed a working group of its founders and top investors in order to improve its relationship with its key stakeholders and improve coordination surrounding its ongoing...
Mastercard's Chief Financial Officer (CFO), Sachin Mehra, has praised the unified payments interface (UPI), calling it "impressive on multiple fronts." However, he admitted that it can be a difficult experience for ecosystem players,...
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