Paytm Payments Services CEO Nakul Jain resigns; business seeks suitable replacement
Nakul Jain, CEO and Managing Director (MD) of Paytm Payments Services Ltd (PPSL), has resigned, the business said in a stock exchange filing. In its regulatory filing, One97 Communications, the…
GenAI adoption is expected to transform roughly 3.8 crore occupations in India by 2030
Generative AI (GenAI) adoption is expected to transform at least 38 million (3.8 crore) jobs in India by 2030, resulting in a 2.61 percent productivity boost to the economy from…
The stock market ended higher, with Adani Enterprises being the biggest gainer in the Nifty 50
The Indian equities market closed higher on Tuesday, boosted by positive domestic and global trends, with Adani Enterprises leading the Nifty 50 gainers. The Sensex closed up 169.62 points, or…
Three Indian banks are among the top 25 global banks by market capitalisation, with ICICI emerging as a notable performance
According to a new analysis, three Indian banks, HDFC Bank, ICICI Bank, and State Bank of India (SBI), finished the fourth quarter (Q4) of 2024 ranked 13th, 19th, and 24th…
Banks Raise Interest Rates on FDs Amid Tight Competition for Deposits
In response to tight rivalry for deposits, banks have begun to offer larger yields on FDs. While major banks like SBI and HDFC were the first to hike interest rates…
IBC accelerated the recovery of Rs 10.22 lakh crore from failing firms: Govt
According to the Ministry of Corporate Affairs’ year-end review, as many as 28,818 applications for the initiation of the Corporate Insolvency Resolution Process (CIRP) with an underlying default of Rs.…
Venture Capital investments in India surged to $16.8 billion in January-November
From January to November 2024, venture capital (VC) activity in India increased significantly, with investments totalling $16.77 billion over 888 deals, according to the India Brand Equity Foundation (IBEF). According…
India records the highest ever coal production in 2023-24, focussing on increasing coking coal output
According to the Coal Ministry’s year-end evaluation, India produced its highest ever coal production of 997.826 million tonnes (MT) in fiscal year 2023-24, an 11.71 percent rise over the similar…
Dr. Manmohan Singh, a remarkable leader, made great strides with his deeds. Gautam Adani
Adani Group Chairman Gautam Adani offered his sincere sympathies on the death of former Prime Minister Dr. Manmohan Singh on Thursday, describing him as a rare leader who talked quietly…
Former Prime Minister Manmohan Singh hospitalised to AIIMS in Delhi; his condition is critical
Former Prime Minister Manmohan Singh was brought to Delhi’s All India Institute of Medical Sciences (AIIMS) on Thursday due to deterioration in his health, according to reports. It is reported…