Government approves introduction of one billion polymer banknotes of Rs 10 and 20
New Delhi: The government has approved the introduction of one billion polymer banknotes of Rs 10 and Rs 20 for field trials, Parliament was informed…
Fitch affirms India’s ‘BBB-‘ credit rating with stable outlook
Fitch Ratings on Tuesday affirmed India’s sovereign rating at ‘BBB-‘ with a stable outlook and said the domestic economy remains strong, despite headwinds from the…
India growth seen slowing to 6.6% in FY27, says Fitch Group company BMI
New Delhi, Fitch Group company BMI on Tuesday projected India’s growth to slow to 6.6 per cent in the current fiscal as the boost to…
Over 6,000 agriculture students to get scholarships via NSP-DBT, Rs 21.35 crore disbursed: Shivraj Singh Chouhan
More than 6,000 agriculture students will receive scholarships and fellowships directly into their bank accounts every month under a new National Scholarship Portal (NSP)-Direct Benefit…
No transaction charge on UPI for users, small merchants: Nirmala Sitharaman
Indian customers will continue to use instant digital payments without paying any transaction charge, Union finance minister Nirmala Sitharaman assured the Parliament on Monday, saying…
Longer financing tenures underline India’s smartphone purchases
In a rather worrying trend, India’s smartphone financing system is clocking longer tenures, as consumers with an intention to buying premium phones, are willing to…
Yulu, Bounce seek funds as gig-EV rentals zoom
Electric mobility startups Yulu and Bounce Infinity are in talks to raise $50 million and $20-25 million, respectively, to expand their electric vehicle (EV) rental…
India-SACU trade pact terms may be signed tomorrow
New Delhi: India and the Southern African Customs Union (SACU) are likely to ink the terms of reference (ToRs) for a preferential trade pact on…
Unemployment rate up at 5.4% on rise in rural joblessness in Q1
New Delhi: India’s unemployment rate rose to 5.4% in the April-June period from 5% in the preceding quarter, driven primarily by an increase in the…
Rice use for ethanol may rise as maize, sugarcane acreage falls this Kharif season
New Delhi: India may have to rely more heavily on rice for ethanol production this year as lower kharif acreage under maize and sugarcane raises…