New Delhi (IANS) Groww Pay, the UPI payments platform of broking firm Groww, has received in-principle authorisation from the Reserve Bank of India (RBI) to operate as a Payments Aggregator (PA). According to the latest RBI data, the online payment … read more
New Delhi (IANS) Markets have a mind of their own and the five trading sessions last week were of a different kind. How markets change colour almost every day, just beats me. On Monday and Tuesday, markets opened with an … read more
New Delhi (IANS) Global technology company HCLTech on Friday reported a revenue of Rs 109,913 crore, up 8.3 per cent (year-on-year), for FY24 as net income saw 5.7 per cent growth at Rs 15,702 crore. For the quarter (Q4 FY24), … read more
Mumbai (IANS) Axis Bank on Wednesday reported a net profit of Rs 7,130 crore for the January-March quarter of 2023-24 compared to a loss of Rs 5,762 crore in the same quarter last year after it acquired Citi Bank’s consumer … read more
Mumbai (IANS) India’s GDP growth trend is on the cusp of an upshift, with early signs of it rising above 7 per cent recorded during the 2020s before Covid-19 struck, according to the RBI’s monthly bulletin for April released on … read more
New Delhi (IANS) Airtel Payments Bank on Thursday launched eco-friendly NCMC (national common mobility cards) enabled debit and prepaid cards in partnership with the National Payments Corporation of India (NPCI). These interoperable cards are powered by RuPay for savings account … read more
New Delhi (IANS) The Indian startups continued to raise funds at a normal pace, and this week, as many as 21 startups secured nearly $105 million in the country. This included six growth-stage deals and 12 early-stage deals, reports Entrackr … read more
Mumbai (IANS) Leading IT software exporter Tata Consultancy Services (TCS) on Friday reported a 9 per cent increase in net profit at Rs 12,434 crore for the Jan-March quarter of 2023-24 up from Rs 11,392 crore in the same period … read more
Mumbai (IANS) The Indian markets sustained their upward momentum on Wednesday, buoyed by a robust performance in the broader market, albeit slightly lagging behind its Asian and European counterparts, said Vinod Nair, Head of Research at Geojit Financial Services. While … read more
Chennai (IANS) With the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) deciding to retain the repo rate at 6.5 per cent, economists are not sure when the central bank would cut the rate. Some expect a shallow rate … read more