Leading digital payments service provider Paytm is preparing to launch India’s biggest IPO, with a goal to raise $3 billion, by the end of this year. The development was confirmed from a reliable resource familiar with the deal...
The Reserve Bank of India said on Thursday that there will be no new issuance of Rs 2,000 notes in 2020-21, as there was the previous year. The supply of Rs 20 notes, on the other hand, was boosted from 13,390 lakh pieces in 2019-20 to 38,250 lakh...
The Reserve Bank of India (RBI) has again raised the red flag over the question of a bubble in the stock markets, which surged to record highs even after the Covid pandemic hit the country. On August 22, 2020, RBI Governor Shaktikanta Das...
The value of credit card transactions has declined by Rs 1 lakh crore to Rs 7,30,895 crore in 2020-21 from Rs 6,30,414 crore in the previous year in the wake of the countrywide lockdown due to the Covid pandemic. According to the Reserve Bank...
The second wave of Covid-19 in India appears to have peaked, as the daily new case count and positivity rate have fallen over the past few days, according to Tanvee Gupta Jain, who is an economist, UBS. The UBS-India Activity Indicator slipped...
The Pension Fund Regulatory and Development Authority (PFRDA) has said its assets under management have crossed Rs 6 lakh crore under the National Pension System (NPS) and Atal Pension Yojana (APY) after 13 years. The AUM growth of the last Rs 1...
The key deliberation at the 43rd meeting of the Goods and Services Tax (GST) Council on Friday will likely to be centred around an acceptable mechanism in order to compensate states for an estimated ₹1.5 lakh crore revenue shortfall in 2021-22...
The Income Tax Department on Wednesday said it has issued Rs 25,301 crore-worth refunds to more than 15.45 lakh taxpayers so far this fiscal. Out of the total amount, personal income tax refunds to the tune of Rs 7,494 crore have been issued in...
Business owners have always been trying different ways to make ensure that their organization gain a competitive edge in the market and is in the right direction to achieve sustained success in the industry. While the increasing competition in...
After nearly two weeks of torment in which investors lost nearly a trillion dollars in value, the crypto market crept slightly higher on Tuesday. According to CoinGecko, the total market cap of all cryptos fell from $2.61 trillion on May 12...
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