By 2026, over 500 million smartphone users globally will use digital identity wallets for verifiable claims, according to a Gartner report. Traditional identity verification methods are becoming inadequate, leading to the emergence of portable digital identity solutions. PDI allows users to manage their identity securely, with European Commission mandating DIW availability for EU citizens by [&...
Indian banks, led by public sector banks (PSBs), are projected to issue bonds worth Rs 1.2-1.3 lakh crore in FY25, exceeding the previous high of Rs 1.1 lakh crore in FY23. PSBs are expected to account for 82-85% of these issuances, primarily in infrastructure bonds, driven by tight liquidity and strong demand from insurers and […]
Priority Sector Lending (PSL) refers to the practice of banks and financial institutions allocating a specific portion of their loans to sectors deemed vital for economic development, such as agriculture, micro and small enterprises, education, housing, and healthcare. This initiative aims to enhance credit availability for underprivileged segments, promoting inclusive growth.
Here are the silver prices per 10 grams on Tuesday in the top cities in India. ★ Chennai – ₹979, ★ Mumbai – ₹929, ★ Delhi – ₹929, ★ Kolkata – ₹929, ★ Bangalore – ₹849, ★ Hyderabad – ₹979, ★ Kerala – ₹979, ★ Pune – ₹929, ★ Vadodara – ₹929, ★ Ahmedabad – […]
The Sensex and Nifty opened at fresh record levels in early trade today, September 24, 2024. The Sensex started trading today at 84888.38, down 40.23 points or 0.05%, and the Nifty was at 25921.80, down 17.25 points or 0.07%. Meanwhile, the Indian rupee was trading today at 83.56 against the dollar.
Here are the petrol prices per liter today in the top metro cities in India. ★ Delhi – ₹94.72, ★ Kolkata – ₹104.95, ★ Mumbai – ₹103.44, ★ Chennai – ₹100.98, ★ Gurgaon – ₹94, ★ Noida – ₹94.72, ★ Bangalore – ₹102.88, ★ Bhubaneswar – ₹101.06, ★ Chandigarh – ₹94.24, ★ Hyderabad – ₹107.41, […]
Edible oil refiners in India have canceled approximately 1 lakh metric tonnes of palm oil imports due to rising Malaysian prices and increased import duties, making shipments unprofitable. The recent 9% price hike in Malaysia has led to concerns about elevated edible oil prices during the festive season. Futures market prices for sunflower and cotton […]
In July, the EPFO added a record 19.94 lakh net members, the highest since tracking began in April 2018. This includes 10.52 lakh new members, a 2.66% increase from June. Notably, the 18-25 age group saw 8.77 lakh additions, representing 59.41% of all new members. Maharashtra topped the contributions, accounting for 20.21% of the total, […]
A recent Local Circles survey indicates that approximately 75% of UPI users would discontinue the service if transaction fees were implemented. Conducted between July 15 and Sep 20, the survey gathered responses from over 42,000 participants across 308 districts. It found that 38% of users rely on UPI for more than half of their transactions.
Indian stock markets surged to historic highs before settling at record closing high levels on Monday. Sensex added as much as 384.30 points or 0.45% to settle at 84,928.61. It scaled a record high of 84,980.53 during intraday trade. Nifty touched an all-time high of 25,956, just 44 points shy of 26,000, before ending Monday’s […]
Indian real estate market is projected to reach $10 trillion by 2047, contributing 14-20% to GDP, according to a Colliers report. Key sectors like office and residential real estate will mature, while alternative assets like data centers will grow. Urbanization and infrastructure development will drive expansion into tier-II and III cities, presenting significant opportunities for […]
Xiaomi, Flipkart, and the competition watchdog have not responded to Reuters about antitrust investigations. Reports indicate that Amazon and Flipkart prioritized select sellers and collaborated with Xiaomi for exclusive launches, breaching competition laws. Xiaomi is unconcerned about the findings and claiming exclusivity harms fair competition and consumer interests.
Here are the silver prices per 10 grams on Sunday in the top cities in India. ★ Chennai – ₹979, ★ Mumbai – ₹929, ★ New Delhi – ₹929, ★ Kolkata – ₹929, ★ Bangalore – ₹849, ★ Hyderabad – ₹979, ★ Kerala – ₹979, ★ Pune – ₹929, ★ Vadodara – ₹929, ★ Ahmedabad […]