Friday, September 20, 2024

Economy

September 4, 2024 12:43 PM

Credit card market in India to double by 2028-29: Pwc

The number of credit cards in India is expected to reach 200 million with a Compound Annual Growth Rate (CAGR)  of 15 per cent, highlighted a report by PwC. The report stated that the credit card industry has experienced significant expansion, doub...

September 3, 2024 5:17 PM

Sensex, Nifty end flat as investors await U.S. economic data

India’s benchmark indices ended flat on Tuesday, following record highs in the previous session. Investors are awaiting the U.S. ISM manufacturing survey due later in the day and jobs data on Friday, which are expected to influence the U.S. Federal...

September 3, 2024 5:08 PM

PM Modi’s visit to elevate India-Singapore ties: Indian envoy

Prime Minister Narendra Modi's upcoming visit to Singapore is expected to usher in a new era of bilateral relations, according to Indian High Commissioner to Singapore, Shilpak Ambule. Ambule emphasized the significance of the visit, occurring early...

September 3, 2024 4:36 PM

World Bank raises India’s growth forecast to 7% from 6.6% for FY25

The World Bank has raised its growth forecast for India to 7% for the fiscal year 2024-2025, up from its previous estimate of 6.6%, according to the latest India Development Update (IDU) released on Tuesday. This revision highlights India's economic ...

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