The Reserve Bank of India (RBI) approved an increase in the interchange fees per transaction using automated teller machines (ATMs) for financial transactions from 15 to 17 on Thursday. The costs for non-financial transactions have been raised...

With decline in the number of fresh COVID-19 cases and easing of restrictions, the country’s gross domestic product (GDP) will grow at 8.5 per cent in FY2021-22, according to credit rating agency Icra Ratings. It expects the gross value...

The labour market is in its worst condition since the nationwide lockdown in the months of April and May 2020, the Centre for Monitoring Indian Economy said in a report. As per CMIE data, the unemployment rate that reached 11.9 per cent in May,...

As we are approaching the end of what has been a tough 6 months, with COVID-19 disrupting lives and economies across the world. The energy market was greatly affected by the pandemic as well, and lockdowns may need to be extended till the end of...

Employee Provident Fund (EPF/PF) is an initiative by the Government savings fund scheme for employees for the future. This is where the employee gets a contribution of 12% of the basic salary plus DA also and PF is mandatory for all employees....

India’s top passenger vehicle makers plan to start expanding capacities as lockdown is relaxed on hopes that sales will start to recover as Covid-19 count begins to decline and states start unlocking slowly, stated the...

Several high net-worth individuals (HNI) and promoters have started the process of moving out their businesses and families to the United Arab Emirates (UAE), Singapore, and the United Kingdom even as the second Covid wave shows signs of subsiding...

India’s merchandise exports hit 7.71 billion US dollars in the first week of June, raising expectations that they will remain buoyant for the fourth month in a row. Exports have remained above $30 billion for three consecutive months...

India is now one of the few economies in the world to have had positive year-on-year growth in the previous two quarters, as the country's GDP increased by 1.6 percent in the January-March quarter of fiscal 2021. According to the Department of...

Mutual fund investors continued to pump money into equity schemes, lifting stock markets to record highs, despite the challenges triggered by the second wave of the pandemic. Net inflows into equity mutual fund schemes raced to a 14-month high...