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Online transactions push credit card spend to new highs
The spending through credit cards in April 2024 increased by 18 percent to Rs 1.57 lakh crore
Devendra SharmaMay 23, 2024/4:09 PM IST -
74% of consumers expect their incomes to increase by next year: Home Credit India
Two-thirds of consumers expect to be able to save more and invest more in the coming year
Himali PatelMay 23, 2024/3:26 PM IST -
Indian smartphones ringing loud in export markets: emerge fourth most exported item in FY24
The spectacular export performance in the last financial year which was powered by a 158% increase in shipments was aided by exports to the US, the UK, UAE, Holland
Money9May 23, 2024/2:57 PM IST -
Go Digit IPO listing price at five per cent premium
Shares of Go Digit General Insurance Ltd began the trade at Rs 281.10, up 3.34 per cent from the issue price on the Bombay Stock Exchange. It later climbed 11.39 per cent to Rs 303 apiece.
Kanishka BiratMay 23, 2024/2:03 PM IST -
Lower risk than equity funds, better returns than FDs
BAF invests at least 65% of the funds in equities and the remaining amount in debt. This scheme invests in low volatility stocks.
Devendra SharmaMay 23, 2024/1:47 PM IST -
The great equity surge: Market cap-GDP ratio at 15-year high
While the GDP at current prices rose around 10% since the end of FY23, the market capitalisation of all companies traded on the BSE has zoomed 61% since the same time.
Money9May 23, 2024/1:14 PM IST -
RBI on a gold hunt: 24 tonne purchase in Jan-April raises value at 8.7% of forex reserves
The quantity purchased in the four months of this year is about 150% of the quantity it bought during the whole of 2023
Money9May 23, 2024/11:50 AM IST -
Among top 5, India only steel maker to produce more in April
There has been a growth in steel production in India, while the US, Russia, China and Japan have witnessed decline in output by as much as 7%
Money9May 23, 2024/11:00 AM IST -
Rise in services help widen gap between pvt and public sector compensation in FY23
The total compensation of employees attached with private businesses climbed to 13.5% of the GDP in 2022-23
Money9May 23, 2024/10:30 AM IST
