UPI Processes ₹223 Lakh Crore In 2024, Drives India’s Digital Payment Revolution
The Unified Payments Interface (UPI) has recorded 15,547 crore transactions worth ₹223 lakh crore from January to November 2024, the Finance Ministry announced on Saturday.
NPA Ratio Drops Significantly; Bank Profits Soar In 2023-24
The Finance Ministry announced on Saturday that the gross non-performing assets (NPA) ratio for scheduled commercial banks (SCBs) dropped significantly to 2.67% in June 2024.
Indian Stock Market Ends Week On High Note With Strong Recovery
The Nifty IT index reached a new high and rallied around 3% during the week, buoyed by US inflation data that met expectations.
Indian Benchmark Indices Fall Over 1% Amid Market Turmoil
Indian benchmark indices, Sensex and Nifty, experienced significant losses with both falling more than 1% as market conditions.
Indian Stock Market Opens Lower As Selling Persists Across Sectors
Market sentiment remained negative, as 1,657 stocks were in the red, compared to 559 in the green. Experts noted that November’s CPI inflation of 5.48% is within the RBI’s target range.
Telecom PLI Scheme Attracts Rs 3,998 Crore In Actual Investment: Government
The PLI scheme for telecom and networking products attracted Rs 3,998 crore in investment, slightly lower than the committed Rs 4,014 crore, according to a report tabled in Parliament on Wednesday.
India’s Non-Fossil Fuel Capacity Hits 213.70 GW, Solar Leads Growth
India’s non-fossil fuel installed capacity reached 213.70 GW as of November 2024, recording a 14.2% increase compared to 187.05 GW in November 2023.
Jal Jeevan Mission Transforms Rural India; Boosts Women Participation In Workforce
Launched by the Government of India on 15 August 2019, the Jal Jeevan Mission aims to provide functional tap water connections to all rural households.
India Leads Global Peers In Hiring Outlook For Jan-Mar: Survey
Hiring sentiment for the upcoming quarter is up by three percentage points compared to the previous quarter and the same quarter last year.
One-Nation-One-Subscription Scheme To Triple Access To Top Global Journals In India
tarting January 1, 2025, the scheme will provide access to government institutions, including State colleges and research bodies. A review in 2027 will consider private universities and colleges, said Principal Scientific Adviser Ajay Sood.