World Bank Chief Economist Indermit Gill said if the large economies of China and India were to become high-income economies, it will bring a huge disruption in the world. This is because the US and other Western European nations have got to a...

The 24-player Indian life insurance industry closed FY23 selling fewer policies than it sold in FY22, as per the data released by the industry lobby body Life Insurance Council. The life insurance industry sold about 2.85 crore policies and...

India's position in the World Bank’s Logistic Performance Index 2023 has increased by six places, thanks to significant expenditures in soft and hard infrastructure, as well as technology, which have led to a rise in the country’s...

State Bank of India has sounded out international banks for a potential $500 million fundraise through a global bond issue, the timing of which has not been decided, aas per people aware of the matter. The country's largest lender is...

Leading payments and financial services company Paytm has filed its revised shareholding pattern for Q4 FY23 with the stock exchanges. The company has seen an increase in the shareholding of domestic institutions as well as foreign portfolio...

A report that was published on Wednesday stated that India attracted 20% of the total Private Equity and Venture Capital (PE-VC) investments in the Asia Pacific region last year. This highlights India as a positive outlier, given the decrease in...

According to an Economist Intelligence Unit (EIU) report, India appears to have surpassed the United Kingdom in terms of ease of doing business. Doing business in India is growing progressively easy, according to EIU's BER scores. Since the...

Axis Bank’s share of the market in the credit card company increased to 14.2% in March 2023 from 11.7% in February following its acquisition of Citibank’s credit card portfolio. Citibank had a 2.7% share of the total credit cards in...

Favorable seasonality and tax-rule transform regarding high-ticket, non-unit-linked savings instruments from April 1 could have ensured robust sales for Indian insurers in the March quarter. The government's decision to withdraw tax exemptions...

Businesses have faced enormous problems and have undergone remarkable transformation in recent years, and this will not slow down in 2023. Businesses will have to deal with the fallout from the global epidemic, Russia's invasion of Ukraine,...