Mutual funds have contributed about two-fifths of incremental funding to non-banking financial companies (NBFCs) and housing finance companies (HFCs) in…
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Tap green cess instead of taxing cars to push EVs: Siam
New Delhi: Automobile manufacturers have requested the government’s policy think tank to tap into the green cess and additional road…
Why RBI blocked Paytm bank’s new business
BENGALURU: Why did the RBI ban Paytm’s payments bank from opening new accounts and e-wallets in August? In a response…
Ikea signs MoU to invest Rs 5,000 crore in UP
NEW DELHI: Swedish furniture retailer Ikea on Wednesday signed a memorandum of understanding (MoU) with the Uttar Pradesh government to…
GSK-Pfizer combo likely to be booster dose for brands in India
MUMBAI: A JV proposed by GlaxoSmithKline and Pfizer Consumer Healthcare is poised to become the world’s biggest seller of over-the-counter…
Export growth to surge 7% in Oct-Dec: Exim Bank
MUMBAI: The Export Import Bank of India (Exim Bank) Monday said the country’s export growth will surge to 7 per…
E-commerce share in India’s FMCG retail sales triples in 2 years: Nielsen
Growing consumer trust and confidence in online buying has helped e-commerce platforms expand their share in India’s total FMCG retail…
Small sellers on Amazon, Flipkart seek PMO intervention to safeguard interest
NEW DELHI: A group of small and medium online retailers selling on Amazon and Flipkart platforms has written to the Prime Minister’s Office, alleging…
Vistara offers flight tickets from Rs 999 in new sale
New Delhi: Vistara has announced a ‘24-hour only’ festive sale offer with ticket fares starting from Rs 999. The offer…
Sensex jumps 400 points; banking, NBFC stocks rally
Mumbai: Indian markets today opened stronger after investors welcomed the quick appointment of new RBI governor, Shaktikanta Das, who is…