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The vast wealth lying idle in lockers can be put to productive use through this scheme. Someone with 100 grams of gold can earn up to Rs 25,000 a year on the investment. (AI image) Gold has often been derided as a dead investment that neither gives dividends nor earns income for the investor. But…
Mumbai: The value of UPI transactions jumped nearly 10% in Oct compared to Sept as payments and money transfers surged during the festival month. According to data from the National Payments Corporation of India (NPCI), the value of transactions rose to Rs 27.3 lakh crore in Oct 2025 from Rs 24.9 lakh crore in the…
Trading on the stock markets will take a pause on November 5, Wednesday, as both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will remain closed for Guru Nanak Jayanti. The NSE’s and BSE’s official trading calendar listed the holiday under Prakash Gurpurb Sri Guru Nanak Dev. With the closure, there will…
Asian stocks traded mostly in red on Tuesday as investors weighed Wall Street’s tech rally amid concerns of tech bubble formation in the sector. Traders were also remaining cautious as Fed officials gave mixed signals about the next interest rate move. Japan’s Nikkei traded in red, down 188 points or 0.36% to reach 52,222 at…
CHENNAI: The festive month of Oct proved to be nothing short of impressive for India’s electric vehicle (EV) industry. Total EV registrations reached an all-time high, with every segment of battery-powered vehicles experiencing positive growth. Electric two-wheelers alone raced past the one-million-unit milestone for the calendar year – with two months still to go. This…
Chinese goods are set to re-enter Indian markets after nearly four years of stalled clearances triggered by tensions with Beijing.The government is working to quickly process pending applications from local companies seeking to bring in electronics components, footwear, everyday household items, steel products, raw materials and other finished goods. These imports require mandatory certification of…
Mumbai: India Post Payments Bank, a 100% govt-owned entity under the Department of Posts, has signed an MoU with the Employees’ Provident Fund Organisation to provide doorstep digital life certificate services to pensioners under the Employees’ Pension Scheme, 1995.Under the partnership, IPPB will use its network of around 1.65 lakh post offices and over 3…
Banks across several states will remain closed on Wednesday, November 5, as the country observes Guru Nanak Jayanti and Kartik Purnima. With banking counters shut in multiple regions, many customers are looking for clarity on which states will have bank holidays, especially those planning in-person branch visits or time-sensitive transactions. Banks in which states remain…
MUMBAI: As Pine Labs broadens its international play and expands in a competitive space where technology is fast nudging firms to evolve, going public will allow it to establish value for the company and gain wider credibility, said B Amrish Rau, chairman, MD and CEO at the fintech which is set to debut on the…
MUMBAI: Global private equity giant KKR is looking to expand its presence in several sectors in India including consumer, technology, financial services, infrastructure, healthcare, insurance and real estate. KKR is also bullish on growing its private credit business in the country and is closely tracking the manufacturing space within the global shift towards a ‘China…
