India Receives 20% of Private Equity and Venture Capital Investments in Asia-Pacific in 2022

India Receives 20% of Private Equity and Venture Capital Investments in Asia-Pacific in 2022

A report that was published on Wednesday stated that India attracted 20% of the total Private Equity and Venture Capital (PE-VC) investments in the Asia Pacific region last year. This highlights India as a positive outlier, given the decrease in...

EIU Ranks India Tenth In The World In Terms Of Ease Of Doing Business

EIU Ranks India Tenth In The World In Terms Of Ease Of Doing Business

According to an Economist Intelligence Unit (EIU) report, India appears to have surpassed the United Kingdom in terms of ease of doing business. Doing business in India is growing progressively easy, according to EIU's BER scores. Since the...

Axis credit card market share increases in Citi deal

Axis credit card market share increases in Citi deal

Axis Bank’s share of the market in the credit card company increased to 14.2% in March 2023 from 11.7% in February following its acquisition of Citibank’s credit card portfolio. Citibank had a 2.7% share of the total credit cards in...

Strong season and rush to claim tax credits may boost life insurers in Q4

Strong season and rush to claim tax credits may boost life insurers in Q4

Favorable seasonality and tax-rule transform regarding high-ticket, non-unit-linked savings instruments from April 1 could have ensured robust sales for Indian insurers in the March quarter. The government's decision to withdraw tax exemptions...

The 5 Biggest Business Trends in 2023 That Everyone Should Be Prepared For

The 5 Biggest Business Trends in 2023 That Everyone Should Be Prepared For

Businesses have faced enormous problems and have undergone remarkable transformation in recent years, and this will not slow down in 2023. Businesses will have to deal with the fallout from the global epidemic, Russia's invasion of Ukraine,...

India to Chair Finance Ministers Working Group for Commonwealth's Call for Reform of Global Financial Architecture

India to Chair Finance Ministers Working Group for Commonwealth's Call for Reform of Global Financial Architecture

During the Commonwealth Finance Ministers High-Level Working Group Meeting held in Washington D.C., finance ministers from several Commonwealth nations urged for systemic changes in the global financial architecture to enhance access to...

India-US Bilateral Trade Reaches $128.55 Billion in 2022-23

India-US Bilateral Trade Reaches $128.55 Billion in 2022-23

Due to an increase in economic relations between the two nations, the United States has become India's primary trade partner for the year 2022-23. The commerce ministry's initial information indicates that the bilateral trade between the...

HDFC Bank logs 19% growth in net profit, proposes Rs 19 dividend

HDFC Bank logs 19% growth in net profit, proposes Rs 19 dividend

Private sector HDFC Bank Ltd said it had closed FY23 with a 19.3 percent increase in net profit and the Board has proposed a dividend of Rs 19 per share. The HDFC Bank said it had closed FY23 with a net profit of Rs 44,107.7 crore (previous...

G20 Finance Ministers acknowledge to address debt stress, discuss Ukraine and crypto assets

G20 Finance Ministers acknowledge to address debt stress, discuss Ukraine and crypto assets

The G20 Finance Ministers and Central Bank Governors (FMCBG) meeting, which lasted for two days in Washington, concluded with a recognition of the need to address the debt vulnerabilities, including improving multilateral coordination to address...

India and France Strengthen Economic Ties Through Business Summit

India and France Strengthen Economic Ties Through Business Summit

India's ambassador to France, Jawed Ashraf, stated in an exclusive interview with ANI on Wednesday that the France-India Business Summit would undoubtedly provide a significant boost to the France-India business partnership in every aspect. He...

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