Economy Archives - Page 46 of 220

Economy

April 1, 2025 8:04 PM

The next UPI? How an India energy stack can lead the digital energy revolution

At the United Nations' first International Conference on Digital Public Infrastructure (DPI) in April 2024, held under India’s leadership, the global discussion centered on how this framework can accelerate sustainable development and promote inclu...

April 1, 2025 6:27 PM

UPI transaction volume up 13.5% in March, value at record Rs 24.77 lakh crore

The Unified Payments Interface (UPI) saw a 13.59% increase in transaction volume in March, reaching 18.3 billion transactions, compared to 16.11 billion in February, according to data from the National Payments Corporation of India (NPCI). March rec...

April 1, 2025 4:50 PM

Sensex plunges nearly 2 percent amid US tariff concerns

Indian stock markets plunged on Tuesday, the first trading session of the new financial year, as investors reacted to global trade tensions ahead of the US reciprocal tariff announcement on Wednesday. The Sensex tumbled 1,390.41 points, or 1.80 perc...

April 1, 2025 5:01 PM

A concise exploration of India’s digital transformation journey, detailing key successes and learnings to guide international audiences

In the past decade, India has emerged as a global leader in digital transformation, revolutionizing the way its citizens interact with technology. From pioneering digital payments to building one of the world’s largest biometric identification syst...

April 1, 2025 4:31 PM

India-Thailand bilateral trade ties set to strengthen during PM Modi’s visit

Prime Minister Narendra Modi will visit Thailand from April 3-4 to participate in the 6th Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Summit. As part of his visit, PM Modi will hold a bilateral meeting wi...

April 1, 2025 3:38 PM

RBI pivotal in India’s rise as global digital payments leader: President Murmu

The Reserve Bank of India (RBI) has been instrumental in positioning India as a global leader in digital payments, President Droupadi Murmu said on Tuesday. Speaking at the closing ceremony of RBI’s 90th Anniversary commemoration in Mumbai, Pres...

April 1, 2025 10:22 AM

Indian stock market recovers from early losses as FY26 begins

Indian equity indices opened lower on Tuesday and recovered in the early trade, as heavyweights like Bharti Airtel and ITC turned green. At 9:44 am, Sensex was down just 3 points at 77,412, and the Nifty was up 23 points or 0.10 per cent at 23,542. ...

March 31, 2025 10:41 AM

Indian markets closed for Eid; Asian equities hit by heavy sell-off

Indian stock markets remained closed on Monday for Eid-ul-Fitr, while major Asian markets grappled with heavy selling pressure amid heightened investor concerns. Japan's Nikkei 225 dropped 4%, Taiwan's Weighted Index declined 2.97%, and South Korea'...

March 30, 2025 12:11 PM

Market Outlook: US tariff, PMI, FIIs and global economic data key triggers for next week

The market outlook for the coming week will be shaped by a combination of domestic and global economic factors, including key indicators such as PMI data, foreign institutional investments (FIIs), auto sales figures, and major US economic data releas...

March 29, 2025 2:06 PM

Musk’s xAI buys Musk’s X social media platform for $33 billion

Elon Musk's xAI artificial intelligence firm has acquired Musk's X, the social media outfit formerly known as Twitter for $33 billion, marking the latest twist in the billionaire's rapid consolidation of power. The all-stock deal announced on Friday...

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