Tag: India

The Indian Rupee has hit a record low against the US Dollar, closing at 85.77 on Friday, marking its ninth consecutive week of losses. This decline is attributed to the weakening of the Chinese...

India's Foreign Exchange Reserves Drop to $640.27 Billion: A Closer Look In a recent update from the Reserve Bank of India (RBI) on Friday, it was reported that India's foreign exchange reserves took a significant...

Impact of Digilocker Outage on Customer Onboarding at Stockbrokers Digilocker, the government-operated digital repository for Indian citizens' documents, experienced a significant outage starting from January 1, causing severe disruptions in customer verification processes for stockbrokers....

Vivek Oberoi's Financial Success Bollywood actor Vivek Oberoi has made headlines for his impressive financial success, boasting a net worth of Rs 1,200 crore. This places him among the wealthiest entertainers in India, surpassing industry...

Ketan Parekh Barred from Market by Sebi - A Closer Look at the Latest Developments MUMBAI - In a shocking turn of events, Ketan Parekh, the once-notorious market operator, has found himself back in the...

Unified Payments Interface (UPI) Transactions Reach Record 16.73 Billion in December: NPCI Report In a groundbreaking development, the National Payments Corporation of India (NPCI) has reported a significant surge in Unified Payments Interface (UPI) transactions...

Government Urged to Increase Capital Expenditure for Economic Growth A recent report from financial services firm Jefferies has highlighted the importance of the government increasing capital expenditure (capex) by 10-12 per cent in the upcoming...

Post Office Small Savings Schemes Interest Rates Unchanged for Jan-March 2025 In a recent announcement by the Finance Ministry, the interest rates for post office small savings schemes for the period of January to March...

Gold prices have been a hot topic in recent years, with experts predicting a bright future for this precious metal. In 2024, gold prices soared to over Rs 80,000 per 10 grams in the...

India Sees 7.3% Increase in GST Revenue Amid Weak Urban Demand GST collections in India saw a significant uptick of 7.3% in December, reaching a total of Rs 1,76,857 crore. This increase comes at a...