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MUMBAI: India’s digital payments surge is less uniform than headline numbers suggest. Adjusted for population, Maharashtra, the largest state economy, records almost seven times the per-capita UPI transactions of Bihar. Telangana, ranked second, posts more than six times the average of Tripura. Karnataka, Tamil Nadu and Kerala sit well above the national mean, while Jharkhand,…
You don’t look at your portfolio like a long-term investor; you look at it like a daily scorecard. (AI image) “‘If I know markets go up in the long run, why do short-term losses bother me so much?’This is one of the most honest questions an investor can ask.On paper, you know the logic. You’ve…
MUMBAI: Never mind Delhi’s winter or Mumbai’s traffic, Indians are feasting this festive season and raising a toast to the last few days of the year. There has been a rush of advance bookings at several restaurants, with seats at some of the eateries totally sold out for Christmas and New Year’s eve. After a…
NEW DELHI: India faces a lower risk of AI-driven disruption to cognitive jobs compared to Western economies, IT secretary S Krishnan has said, citing the country’s relatively lower proportion of white-collar roles in the overall workforce, and highlighted that the dominance of Stem-based employment can yield newer opportunities.Krishnan said AI’s real impact will come from…
NEW DELHI: India’s petrol pump network has crossed the 1,00,000-mark, doubling since 2015 as state-owned fuel retailers aggressively expanded outlets to defend market share and push fuel access deeper into rural and highway corridors amid a sustained boom in vehicle ownership. At the end of November, the country had 1,00,266 pumps — the third largest…
Asian markets inched higher on Friday amid holiday-thinned trading, with several exchanges remaining closed for the Boxing Day holiday. Regional stocks extended gains after Wall Street ended the week at record highs, while most global markets were shut on Thursday for Christmas.Markets in Tokyo, Shanghai, Seoul and Taipei all posted gains. Japan’s Topix climbed to…
NEW DELHI: Ola Electric on Thursday said it has received a sanction order from the ministry of heavy industries for the release of incentives amounting to Rs 367 crore under the production-linked incentive scheme. The sanction pertains to the demand incentive for the determined sales value for FY 2024-25. Source link
Zepto to pre-file DRHP, targets 2026 listing NEW DELHI: Quick commerce unicorn Zepto is set to pre-file its draft red herring prospectus (DRHP) with market regulator Sebi on Friday through a confidential route, as it targets a stock market listing sometime next year, according to sources. The move positions Zepto to become one of the…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark Indies, opened in red on Friday on lacklustre global and domestic cues. While Nifty50 was just above 26,100, BSE Sensex was down over 140 points. At 9:16 AM, Nifty50 was trading at 26,101.30, down 41 points or 0.16%. BSE…
The Japanese government on Friday approved a record budget for the upcoming fiscal year, to pay for everything from bigger defence spending to ballooning social security costs as inflation persists.The 122.3-trillion-yen ($782 billion) budget for the fiscal year from April 2026 will include some nine trillion yen for defence spending, as Prime Minister Sanae Takaichi…
