Online Gaming Sector to Drive India’s $1 Trillion Digital Economy Goal
India's digital transformation has rapidly positioned the country as one of the largest and fastest-growing markets in the world, with over 700 million internet users.
December Emerges As The Busiest Month For IPOs In 2024, With 11 IPOs Announced
The previous record for IPO launches in a single month this year was 12 in September. However, the highest total funds raised came in October, when six companies collectively secured Rs 38,689 crore.
India’s Private Sector Shows Strong Growth In December 2024
India’s private sector ended 2024 on a strong note, with the HSBC Flash India Composite Output Index rising to 60.7 in December.
WPI Eases To Three Month Low As Food Prices Fall
The data the Ministry of Commerce and Industry shared revealed that WPI registered a decline to 8.63 in November from 13.54 in October owing to price relief in vegetables.
Government Disburses Rs 13,422 Crore In Loans To Street Vendors Under PM SVANidhi Scheme
The Union Ministry of Housing and Urban Affairs has provided a total of Rs 13,422 crore in loans to 9,431,000 street vendors.
₹1,000 Cr Credit Boost For Farmers: Govt Launches Scheme To Ease Post-Harvest Loans
Union Food Minister Pralhad Joshi on Monday unveiled a ₹1,000 crore credit guarantee scheme to help farmers secure post-harvest loans more easily.
Indian Stock Market Opens In The Red As Key Sectors Decline
The Indian stock market opened lower on Tuesday, with significant selling pressure observed in the Nifty’s PSU Bank, financial services.
Bombay High Court Dismisses Petition Challenging Adani Power Contract, Imposes Rs 50,000 Fine
The Bombay High Court on Monday dismissed a petition challenging a power supply contract awarded by the Maharashtra government to Adani Group, terming the plea "unsubstantiated and reckless."
India’s Smartphone Exports Surge Over 90% in November To Rs 20,300 crore
The surge came as part of the government’s production-linked incentive (PLI) scheme. Apple produced $10 billion worth of iPhones in the first seven months of FY25, exporting $7 billion, the highest on record.
FPIs Return To Indian Equities With Rs 22,766 Crore Inflows In December
September had seen a nine-month high with Rs 57,724 crore of net inflows, highlighting the volatility in FPI trends. As of December 13, FPI investments in 2024 stand at Rs 7,747 crore, according to depository data.
