MSMEs has 14% more job growth than in the last years, claims CII survey

Job creation by the micro, small and medium enterprises (MSMEs) sector saw a growth of 13.9 percent in the past four years, an industry survey claims. The findings oppose... Read more »

Nassom joins hands with Xuzhou city in China to develop an IT corridor.

As part of its continuous efforts to evangelize IT development in newer geographies, the National Association of Software and Services Companies (NASSCOM) has entered into a partnership with Xuzhou city from Jiangsu... Read more »

E-commerce and consumer internet companies raise over US$7 billion in PE/VC capital in 2018 says EY report.

EY is a global leader in its Assurance, Tax, Transaction and Advisory services. Their insights and the quality services  they deliver help to build trust and confidence in capital... Read more »

NCPI issues 64 mn RuPay cards, hopes to ensure worldwide visibility

RuPay has been moving towards a dynamic payment system. Launched by the National Payments Corporation of India (NPCI), it has issued over 64 million cards since its inception in... Read more »

RBI relaxes norms for White Label ATMS (WTAs).

The Reserve Bank of India relaxes the business guidelines for white label ATMs allowing them to redirect wholesale cash from the central bank. Automated Teller Machines (ATMs) set up,... Read more »

Jan Dhan Accounts: Total deposits to reach the 1 lakh cr mark.

Prime Minister Narendra Modi’s financial inclusion programme will be worth Rs one lakh crore very soon. Pradhan Mantri Jan Dhan Yojana, which was launched in August 2015 by Modi... Read more »

The Future of Investing is Female, says S&P Global

While it’s been around for more than 40 years, the rallying cry “The Future Is Female” is breathing new life into  gender-equality movements around the world, as women gain... Read more »

Reliance Capital to reduce debt, monetise stakes

Reliance Capital Limited, a part of Reliance Group, today announced its overall strategy to reduce its debt by approx. Rs. 10,000 – 12,000 crore in the next 3-4 months.... Read more »

Nomura sees GDP growth target below 7% in 2019-20

The likelihood of Indian GDP growth coming at below 7 percent in 2019-20 is quite high despite aiding factors like low oil prices and an expansionary budget, a report... Read more »

CBDT notifies relaxed norms for startups.

Start-ups can now seek angel tax exemptions for investments up to Rs 25 crores, according to the modified norms of the income tax (I-T) department. The modified norms look... Read more »