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Fintech lenders are able to venture into segments previously deemed high-risk by financial institutions. (Photo: Pixabay)

PayU calls off $4.7 bn deal to buy BillDesk

If the deal was closed, the duo would have become one of the largest online payment providers globally

4 Oct 2022 9:57 AM IST

The first advance estimate of FY20 gross value added (GVA) growth is estimated at 4.9 per cent against 6.6 per cent in 2018-19. The manufacturing sector is expected to grow at 2 per cent in 2019-20 compared to 6.9 per cent in the previous year.

Manufacturing PMI eases to 55.1 in September

Economists in a Reuters poll had predicted that the PMI would be at 55.8

4 Oct 2022 9:53 AM IST

In the previous session, Sensex ended 132.38 points or 0.25 per cent lower at 52,100.05. (Photo: PTI/File)

Bears return amidst weak global cues

The rupee fell to 81.89 per US dollar on Monday which seem to have aggravated bearish sentiments in the market

4 Oct 2022 9:50 AM IST

Union Finance Minister Nirmala Sitharaman speaks during a post-budget interaction with Confederation of Indian Industrys (CII) National Council, in New Delhi, Saturday, Feb. 5, 2022. (PTI)

FM Sitharaman to India Inc: What stops you from investing

FM expressed concerns over an issue of payment of dues to micro, small, and medium enterprises and asked big corporates...

14 Sept 2022 7:53 AM IST

GST collections in July fall 14% due to COVID lockdown. (Photo-ANI)

GST collection rises 28 pc in August to Rs 1.43 lakh cr

The revenues for the month of August 2022, registered 28 per cent increase than the GST revenues of Rs 1,12,020 crore...

1 Sept 2022 1:13 PM IST

Billionaire Mukesh Ambani.

Mukesh Ambani buys Dubai's costliest home ever for his son

The beach-side mansion sits in the northern part of Palm Jumeirah and has 10 bedrooms, a private spa, and indoor and...

29 Aug 2022 11:00 AM IST

Hindustan Aeronautics Limited signed an MoU for establishing an office in Kuala Lumpur in presence of defence secretary Dr. Ajay Kumar. (Photo by arrangement)

HAL to open office in Malaysia; Defence PSU eyes at South East Asian...

HAL had submitted a proposal to the Malaysian defence ministry in October of 2021 for supply of 18 FLIT LCAs

18 Aug 2022 11:29 AM IST

Reports also suggest that Pixel 5a 5G, which launched yesterday, was possibly the last smartphone of Google that shipped with a charger. (ANI Photo)

Common charger for all electronic devices: Govt to meet industry...

The sector-specific associations, industry bodies CII and FICCI and representatives from IIT Delhi and IIT BHU will be...

17 Aug 2022 11:27 AM IST

The increase in fuel inflation despite government measures to curb domestic petrol and diesel prices taken a few months ago, is a concerning factor. DC File Image

Inflation falls for 3rd month

There has been a marginal slowdown in output in almost all the segments, including manufacturing

13 Aug 2022 11:20 AM IST

Sensex tanks 422 Points, Nifty falls 97 points. (PTI Photo)

Market Rises For 4th Week; FPIs pump in Rs 22K Cr In Aug.

Both Sensex and Nifty were up by 1.7 per cent during the week

13 Aug 2022 11:17 AM IST

Reserve Bank of India on Thursday released a national strategy for financial education to be implemented in the next five years. (PTI Photo)

Apex bank tames recovery agents

The RBI asked lenders to strictly ensure that their collection agents do not intimidate borrowers or resort to...

13 Aug 2022 11:14 AM IST

Life Insurance Corporation

LIC net buys Rs 34,000 cr stocks in Q1

The public sector behemoth booked Rs 5,076 crore equity profit during April-June against Rs 11,368 crore a year ago

13 Aug 2022 11:08 AM IST