Patanjali Ayurved and DS Group have acquired a controlling stake in Magma General Insurance in a deal valued at Rs 4,500 crore. This strategic move marks Patanjali's first major en...
India's foreign exchange reserves surged by $15.3 billion in a week, the largest increase in over three years, driven by RBI's currency swap operations. This strategic move aimed t...
Kerala recorded the highest retail inflation rate in February at 7.3%, with Telangana having the lowest at 1.3%. The National Statistical Office data shows a cooling down of retail...
Value Attics Reinsurance, backed by Prem Watsa's Fairfax group, breaks GIC Re's monopoly by securing India's first private-sector reinsurance license. With a Rs 200 crore capital, ...
India is set to become the world's third-largest economy by 2028, driven by its growing consumer market and increased global output share. The economy is projected to reach $5.7 tr...
RBI Governor Sanjay Malhotra urges banks to strengthen risk management for green tech financing, highlighting the need for preparedness against climate-related risks and promoting ...
LG Electronics India has received SEBI's approval for a Rs 15,000 crore IPO, becoming the second South Korean company to enter the Indian stock market after Hyundai Motors India. T...
India's financial sector is adopting generative AI for cost reduction and efficiency improvement, with EY predicting a 46% productivity boost in banking by 2030. 74% of firms are i...
