The Union Cabinet on Wednesday approved the incentive scheme with a financial outlay of Rs 26 billion for the promotion of RuPay Debit Cards and low-value BHIM-UPI transactions (P2M) for 2022-23, compared with Rs 15 billion in 2021-22.
"Optimism for India is driven by strong democracy, young demography, and political stability. Due to these, India is taking decisions that boost the ease of living and ease of doing business. India has become an attractive destination for investment," said PM Modi.
Chennai (Tamil Nadu) [India], January 9 (ANI/NewsVoir): Athulya, a leading provider of senior care services in India, has raised INR 77 Crore (US$ 9.3MM) funding from North Haven India Infrastructure Partners, a fund managed by Morgan Stanley India Infrastructure, for its forthcoming expansi
The multinational investment firm said the possible return of inflation to the "comfort zone" will lead to the pausing of monetary policy tightening by central banks.
Defence minister Rajnath Singh, while participating at industry body FICCI's annual general meeting, on Saturday spoke at length about how India and China's economy fared in the past seven-odd decades and how economic reforms in both the countries shaped the economic prospect.
On Wednesday, Morgan Stanley indicated that the company's directors and key management personnel (KMP) will not sell shares during the buyback period. The global financial company said the buyback won't hamper any growth plans as it believes the company will generate excess cash after taking
Mumbai (Maharashtra)/ New Delhi [India], December 14 (ANI/BusinessWire India): Cyril Amarchand Mangaldas advised Morgan Stanley India Capital Private Limited (Morgan Stanley), in relation to the sale of equity shares of Zomato Limited (Zomato) by Alipay Singapore Holdings Pte. Ltd (an Alibab
Multiple Canadian pension plans have invested in firms complicit in Xinjiang abuses, alleges a report by UK-based human rights organization Hong Kong Watch and expert in forced labour, Prof Laura Murphy at Sheffield Hallam University.
Recently, other top brokerage firms such as JP Morgan, Morgan Stanley, Goldman Sachs, Dolat Analysis and Research Themes, and CITI extended their confidence in Paytm's strong performance with 'Buy' ratings.
Morgan Stanley expects India's retail inflation to moderate to 5.4 per cent in 2023-24 and to 4.8 per cent in 2024-25 from 6.6 per cent in the current financial year 2022-23.