The gross value of interbank fund transfers through the UAE Fund Transfer System (UAEFTS) rose to more than AED 3 trillion during January and February 2024, according to the latest statistics from the Central Bank of the UAE (CBUAE)
Gross banks' assets in the country surpassed the AED4.2 trillion mark by the end February 2024, for the first time in its history, according to the latest statistics from the Central Bank of the United Arab Emirates (CBUAE).
Amidst the ongoing Lok Sabha elections, Defence Minister Rajnath singh on Tuesday addressed a public rally in Uttar Pradesh's Gautam Buddha Nagar and campaigned for BJP candidate Mahesh Sharma and said that the economy of Uttar Pradesh will reach up to $1 trillion in the coming years.
Guntur (Andhra Pradesh) [India], April 22: According to the IBEF, infrastructure plays a crucial role in propelling India towards achieving its goal of becoming a $26 trillion economy. And embarking on the challenging path of entrepreneurship, Raghu Kranthi Vemuri exemplifies unwavering dete
The State Bank of Pakistan (SBP) data showed that the government's borrowing from commercial banks reached a record PKR 5.5 trillion from July 1, 2023 to April 5, 2024. This is against PKR 2.95 billion in the same period last fiscal year.
Worldwide IT spending is expected to total USD 5.06 trillion in 2024, an increase of 8 per cent from 2023, according to the latest forecast by advisory and consultancy firm Gartner.
With an investor base of 4.21 crore, MFs Industry assets under management (AUM) has surpassed Rs 55 trillion recently. The total number of accounts rose from 3.8 crores ten years back to 17.79 crore as on March 31, 2024.
The analysis, presented in a recent publication by Ind-Ra, forecasts that India's economy is on track to ascend to the upper-middle-income category between fiscal years 2033 to 2036, eventually culminating in a USD 15 trillion economy by fiscal years 2043 to 2047.
Indian benchmark indices touched all time high during the trading session on Monday. The Nifty touched all time high of 22,697.30 and Sensex also reached at the level of 74,869.30 points. Both the indices set new highs in the Indian equity market.
The Indian stock market witnessed a historic surge in investment during FY24, setting a new milestone in the realm of foreign investment. The Central Depository Services Limited (CDSL) data suggests, foreign investors brought in a staggering amount of over Rs 3,39,064 crore in India's sto
According to the report, the volume of UPI transactions surged to 65.77 billion from 42.09 billion in H2 2022, accompanied by a 44 per cent increase in transaction value, soaring from RS 69.36 trillion to RS 99.68 trillion during the same period.
With these new initiatives, India has seen a surprising surge in exports of precious metals, minerals, automobiles, electronics, pharmaceuticals, organic chemicals, textiles, spices and defence equipment.