Shaktikanta Das, former RBI Governor, appointed as Principal Secretary-2 to PM Modi. The 67-year-old ex-bureaucrat, who served six years at RBI, takes on the key role with his tenure co-terminus with the PM’s. A seasoned policymaker, Das previously led economic…
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Swiggy announced an investment of up to 10 billion rupees in its supply chain subsidiary Scootsy to boost its quick-commerce arm Instamart. This move follows a 16 billion rupee investment last December, aiming to enhance service efficiency in delivering groceries…
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India’s pension assets under management (AUM) is expected to reach a massive Rs 118 lakh crore by 2030, with the National Pension System (NPS) likely to constitute approximately 25 per cent of this total, according to a new report.
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Pharma and realty sectors delivered robust performance this quarter, propelled by strong demand and improved operational efficiencies, much like the previous period. In contrast, energy and infrastructure struggled with income growth challenges. Although revenue expansion decelerated, falling below the average…
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Foreign portfolio investors (FPIs) have sold equities worth over Rs 1 lakh crore from Indian markets in less than two months of 2025, according to data released by the National Securities Depository Limited (NSDL).
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NIMs at the six largest private and state-owned banks have been under stress as deposit rates caught up with lending rates over the past few quarters. However, strong credit demand has helped these banks maintain growth.
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