India and Singapore to link digital payment systems

India and Singapore to link digital payment systems

The central banks of India and Singapore will link their digital payment systems in order to make “instant, low-cost fund transfers”. The linkage, which is targeted for operationalisation by July 2022, is expected to incentivise more...

Menendez has Introduced Legislation to Enhance India-US Ties in the Clean Energy Realm

Menendez has Introduced Legislation to Enhance India-US Ties in the Clean Energy Realm

A top American senator has introduced the legislation to improve cooperation between India and the United States in clean energy and climate change, stressing that he witnessed first-hand the positive outcomes through the two nations...

Telcom players object to the revised locally sourced product policy

Telcom players object to the revised locally sourced product policy

The Department of Telecommunications (DoT) has received several objections regarding the domestic telecom equipment manufacturers and trade bodies over the past 10 days for changing the definition of locally sourced products, which qualify for...

Bengaluru, Hyderabad, Chennai dominate office market: states Anarock report

Bengaluru, Hyderabad, Chennai dominate office market: states Anarock report

Three major cities in south India including Bengaluru, Hyderabad and Chennai dominate India's office market with the contribution of 66 per cent of the total demand for office space during the last financial year 2020-21, according to Anarock...

Indian IT firms struggles to get experienced hands amid tech boom

Indian IT firms struggles to get experienced hands amid tech boom

India's top IT firms such as TCS, Infosys, HCL and Wipro – plan to hire more than 1 lakh freshers this fiscal. But the intent and and ability to hire are different things, explains Kamal Karanth, co-founder of specialist staffing firm...

Mutual fund industry leads record SIP inflows; AUM grows over 3%

Mutual fund industry leads record SIP inflows; AUM grows over 3%

The asset under management (AUM) of the mutual fund industry crossed Rs 36 lakh crore in August driven by high retail participation especially through systematic investment plans (SIPs). As per the monthly data released by industry body...

Banking, capital market role in recovery

Banking, capital market role in recovery

In the third of a series of the online, agenda-setting debates organised by The Indian Express and the Financial Times, the financial sector leaders and regulators will discuss whether the banking sector and capital markets have sufficient...

Inflows into MFs fall in August; SIPs and retail folios at peak

Inflows into MFs fall in August; SIPs and retail folios at peak

Even as the stock markets hit the record highs, the mutual fund (MF) sector reported a decline in inflows into equity and the debt schemes while balanced advantage funds mobilised a higher amount through new fund offers (NFOs). While the funds...

India's fintech market likely to triple to Rs 6.2 lakh cr by 2025: MoS Finance Karad

India's fintech market likely to triple to Rs 6.2 lakh cr by 2025: MoS Finance Karad

The government's various proposals have led to fast growth in the fintech sector, which is expected to triple to Rs 6,20,700 crore in value terms by 2025, Minister of State for Finance Bhagwat K Karad said on Wednesday. Highlighting...

Fintech startup Slice drops credit limit on cards to Rs 2,000, entering UPI next

Fintech startup Slice drops credit limit on cards to Rs 2,000, entering UPI next

As the desire for credit grows across the country, fintechs are scaling up on the number of options for customers. Startup Slice which issues Visa credit cards has now prolonged its card offerings, starting with a credit limit of Rs 2,000 and...

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