Indian IT firms struggles to get experienced hands amid tech boom

Indian IT firms struggles to get experienced hands amid tech boom

India's top IT firms such as TCS, Infosys, HCL and Wipro – plan to hire more than 1 lakh freshers this fiscal. But the intent and and ability to hire are different things, explains Kamal Karanth, co-founder of specialist staffing firm...

Mutual fund industry leads record SIP inflows; AUM grows over 3%

Mutual fund industry leads record SIP inflows; AUM grows over 3%

The asset under management (AUM) of the mutual fund industry crossed Rs 36 lakh crore in August driven by high retail participation especially through systematic investment plans (SIPs). As per the monthly data released by industry body...

Banking, capital market role in recovery

Banking, capital market role in recovery

In the third of a series of the online, agenda-setting debates organised by The Indian Express and the Financial Times, the financial sector leaders and regulators will discuss whether the banking sector and capital markets have sufficient...

Inflows into MFs fall in August; SIPs and retail folios at peak

Inflows into MFs fall in August; SIPs and retail folios at peak

Even as the stock markets hit the record highs, the mutual fund (MF) sector reported a decline in inflows into equity and the debt schemes while balanced advantage funds mobilised a higher amount through new fund offers (NFOs). While the funds...

India's fintech market likely to triple to Rs 6.2 lakh cr by 2025: MoS Finance Karad

India's fintech market likely to triple to Rs 6.2 lakh cr by 2025: MoS Finance Karad

The government's various proposals have led to fast growth in the fintech sector, which is expected to triple to Rs 6,20,700 crore in value terms by 2025, Minister of State for Finance Bhagwat K Karad said on Wednesday. Highlighting...

Fintech startup Slice drops credit limit on cards to Rs 2,000, entering UPI next

Fintech startup Slice drops credit limit on cards to Rs 2,000, entering UPI next

As the desire for credit grows across the country, fintechs are scaling up on the number of options for customers. Startup Slice which issues Visa credit cards has now prolonged its card offerings, starting with a credit limit of Rs 2,000 and...

Contributions being sorted for taxation as EPF rate awaits approval

Contributions being sorted for taxation as EPF rate awaits approval

The interest rate to be provided by the Employees’ Provident Fund Organisation (EPFO) for the financial year 2020-21 is still awaiting the approval from the Finance Ministry, a senior labour ministry official said. “The proposal had...

How to Setup an online food delivery business

How to Setup an online food delivery business

The pandemic has created a new normal where businesses have acknowledged the importance of digital and many businesses have completely shifted lanes towards being digital. While many other industry verticals suffered during the pandemic and the...

US-based crypto exchange CrossTower enters India, proffers Rs 500 in Bitcoin to early users

US-based crypto exchange CrossTower enters India, proffers Rs 500 in Bitcoin to early users

One of the world’s leading trading and digital asset investment companies, CrossTower today proclaimed the launch of its crypto trading platform in India. In a statement, CrossTower said the platform has been methodically built on a robust,...

RBI Data States that Listed Private Manufacturing Firms' Sales Soar 75 pc in Q1 on Low Base

RBI Data States that Listed Private Manufacturing Firms' Sales Soar 75 pc in Q1 on Low Base

Sales of 1,647 listed private manufacturing companies have recorded an "extraordinarily high" growth of 75 per cent in the first quarter of FY'22 mainly due to a very low base in the pandemic-hit year-ago period,...

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