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Economy

Flipkart’s 10-Minute Medicine Delivery To Shake Up Online ;Pharmacy Market

03 Dec 2024 17:17 PM IST

E-commerce giant Flipkart is set to revolutionize the medicine delivery sector with its upcoming rapid delivery service, Flipkart Minutes, aimed at delivering prescription medicines within 10 minutes. This new service will make Flipkart the first player in the quick commerce space to focus on delivering medicines at record speed.

India To Revise GDP Base Year From 2011-12 To 2022-23. What It Means For The Economy?

02 Dec 2024 16:44 PM IST

The Government of India is set to revise the GDP base year from 2011-12 to 2022-23, marking the first update in over a decade. Additionally, India will begin releasing monthly labor force estimates in 2025 for more timely economic tracking.

Here’s Why Rupee Is Among The Worst-Performing Currency In Asia, Falls 2 Paise

29 Nov 2024 23:10 PM IST

The rupee's depreciation has been pronounced in the last six months, with the currency losing 1.6%, making it the second-worst performer among Asian currencies during this period.

India’s Q2 FY2025 GDP Growth Drops To 5.4%: What It Means For The Economy

29 Nov 2024 17:23 PM IST

India's GDP growth slows to 5.4% in Q2 FY25, driven by weaker consumption, subdued government spending, and inflationary pressures, with mixed sectoral performance.

RBI Devolves 70% New Green Bonds At 6.78%-6.84%, Cutoff Below 10-Year Note

29 Nov 2024 16:40 PM IST

While the RBI sold 15 billion rupees worth of bonds at a 6.79% coupon, the devolvement, marking the first since February 2023, raises concerns about future green bond sales.

Is Delhi, Bengaluru Outpacing Others In investment Risk? Here’s What A Report Says

27 Nov 2024 18:43 PM IST

A new MyFi report highlights key trends in Indian investment behavior, showing how younger investors prefer high-risk assets while older investors prioritize safety. Interestingly, Tier 2 cities like Jaipur and Nagpur have a higher risk appetite compared to Tier 1 cities like Delhi and Bengaluru. Income also plays a role, with higher earners embracing risk for higher returns.

Gaurs Group To invest Around Rs 750 Crore On New Luxury Housing Project In Greater Noida

27 Nov 2024 16:22 PM IST

The project will feature 250 premium residential units, spread across a sprawling 12 lakh square feet area, addressing the region's strong demand for high-end properties.

Term Deposits Outpace CASA Growth In September

26 Nov 2024 19:04 PM IST

In a notable shift in the banking sector, term deposits have outpaced the growth of CASA (Current Account and Savings Account) deposits, with their share in total deposits rising to 61.4% in September 2024, up from 59.8% a year earlier, according to the latest data released by the Reserve Bank of India (RBI).

French Oil Major TotalEnergies Suspends Fresh Investment In Adani Joint Ventures

25 Nov 2024 22:56 PM IST

TotalEnergies, one of the largest foreign investors in the Adani Group, has paused new investments due to ongoing corruption investigations involving Adani's executives. GQG Partners, however, continues to support the Adani Group, asserting its investments remain strong despite the allegations.

Union Cabinet Approves : Centralised Subscriptions For Top Academic Journals

25 Nov 2024 21:47 PM IST

The Indian Cabinet approved several key initiatives, including a national natural farming mission, an innovation program, and a paperless PAN system. They also launched a nationwide academic subscription scheme and greenlit infrastructure projects like a hydroelectric plant and railway expansions, boosting development and resource access.

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Economy

Flipkart’s 10-Minute Medicine Delivery To Shake Up Online ;Pharmacy Market

India To Revise GDP Base Year From 2011-12 To 2022-23. What It Means For The Economy?

Here’s Why Rupee Is Among The Worst-Performing Currency In Asia, Falls 2 Paise

India’s Q2 FY2025 GDP Growth Drops To 5.4%: What It Means For The Economy

RBI Devolves 70% New Green Bonds At 6.78%-6.84%, Cutoff Below 10-Year Note

Is Delhi, Bengaluru Outpacing Others In investment Risk? Here’s What A Report Says

Gaurs Group To invest Around Rs 750 Crore On New Luxury Housing Project In Greater Noida

Term Deposits Outpace CASA Growth In September

French Oil Major TotalEnergies Suspends Fresh Investment In Adani Joint Ventures

Union Cabinet Approves : Centralised Subscriptions For Top Academic Journals

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