Number of credit cards more than doubled to 10.8 cr in 5 years, transactions surge: RBI
of credit cards has more than doubled to around 10.80 crore at the end of December 2024, compared to December 2019 when there were 5.53...
Category : Corporate News
Retail digital payments in India witness 100-fold jump in 12 years
payments in India have grown from 162 crore transactions in the financial year 2012-13 to over 16,416 crore transactions in the financial year 2023-24......
UPI’s share in India’s digital payments surged to 83pc: RBI report
the Unified Payments Interface (UPI) in India’s digital payments has surged from 34 per cent in 2019 to an impressive 83 per cent in 2024,...
India’s major ports record 3.2 pc rise in cargo during Dec, Deendayal Port leads
12 major #ports, owned by the Central government, handled 72.2 million tonnes of cargo in December, recording a 3.22 per cent growth over the same...
RBI to inject another Rs 1.1 lakh crore to enhance liquidity in banking system
on Monday announced that it would inject another Rs 110,000 crore liquidity into the banking system through open market purchase auctions of Government......
Canara Bank’s Q3 net profit rises 12 per cent to Rs 4,104 crore
on Monday reported a 12 per cent increase in its net profit to Rs 4,104 crore for the October-December quarter of the current financial year...
Adani’s cement major ACC Ltd reports 103 pc surge in Q3 profit
building materials leader ACC Limited, part of the diversified Adani Group, on Monday, reported a significant 103 per cent year-on-year jump in its net......
Adani Total Gas’ operational revenue up 12 pc in Q3, connects over 9 lakh homes with PNG
Gas Ltd (ATGL) on Monday reported a 12 per cent increase in revenue from operations in the third quarter of FY25 at Rs 1,397 crore....
EVs likely to hit 30-35 pc of annual vehicle sales in India by FY30
vehicle (EV) revolution is in full throttle and EVs could hit 30-35 per cent of annual vehicle sales in India by FY30, though internal combustion...
IDFC First Bank’s Q3 net profit drops 15 pc, NII grows 14 pc
#IDFCFirstBank on Saturday reported its quarterly results for the period ending December 2024, with a 15 per cent year-on-year decline in net profit at......
ICICI Bank’s Q3 profit rises 15 pc to Rs 11,792 crore, NII grows 9 pc
private sector lender, #ICICIBank, on Saturday reported a 15 per cent year-on-year (YoY) growth in net profit for the December quarter of FY25, reachin......
NDTV reports 34 pc revenue growth in Q3 FY25
media network NDTV on Saturday reported an impressive 34 per cent increase in revenue for the third quarter of fiscal year 2024-2025, compared to the...
India remains bright spot supported by strong macro fundamentals: Report
to remain the bright spot globally, supported by its strong macro fundamentals and the government should focus on adherence to fiscal prudence and cont......
Yes Bank’s Q3 net profit jumps 165 pc YoY to Rs 612 crore
lender #YesBank on Saturday reported 165 per cent surge in net profit (year-on-year) at Rs 612.3 crore for the third quarter of FY25, from Rs...
Centre mulling 3 refineries of 20 MMTPA capacities in various locations: Minister
of Petroleum and Natural Gas Hardeep Singh Puri on Friday said that the size of the Ratnagiri refinery in the Konkan region of Maharashtra will...
PM Modi encourages Republic Day participants to engage in social change and nation-building
Narendra Modi on Friday engaged in a vibrant and informal interaction with #NCCcadets, #NSSvolunteers, tribal guests, and tableaux artists who are set......
IndiGo clocks 18.6 pc drop in Q3 profit at Rs 2,448.8 crore
Aviation, the parent company of #IndiGo, on Friday reported a 18.6 per cent drop in its consolidated net profit for the third quarter (Q3) of...
Tata Electronics acquires 60 pc stake in Pegatron India to boost local iPhone production
to the government’s ‘Make in India’ initiative, Tata Electronics on Friday acquired a controlling 60 per cent stake in Pegatron Technology India, which......
WEF 2025: Infosys to expand Hyderabad campus, create 17,000 jobs
#Infosys Limited will expand its presence in Hyderabad to create 17,000 jobs. The announcement was made at the World Economic Forum (#WEF) in Davos fol......
India leads workplace digital transformation globally: Report
is leading workplace digital transformation globally, could reach advanced levels in the next 10 years, according to a report on Wednesday. The report......