Bharat Express

Business

The Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) has provided ₹2 lakh life insurance coverage to over 21 crore beneficiaries, the Finance Ministry announced on Saturday.

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.

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.

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, Sensex and Nifty, experienced significant losses with both falling more than 1% as market conditions.

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.

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 installed capacity reached 213.70 GW as of November 2024, recording a 14.2% increase compared to 187.05 GW in November 2023.

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.

Hiring sentiment for the upcoming quarter is up by three percentage points compared to the previous quarter and the same quarter last year.