Search Results for: depreciating rupee

Unified Payments Interface (UPI)

UPI Transactions Skyrocket, India Leads in Digital Payments

India's digital economy has witnessed a significant milestone with the National Payments Corporation of India (NPCI) reporting a record-breaking surge in Unified Payments Interface (UPI) transactions in August. The data revealed a 41% year-on-year growth, with UPI transactions reaching an all-time high of 14.96 billion. Sep 1, 2024
India's Manufacturing Sector Attracts $165bn FDI

Monday's sharp correction makes markets move uncertain

The correction which had set in on Friday of the previous week (2nd August) continued and we saw a sharp sell-off on Monday. Probably this was a fall which post-covid market participants had never seen before. One must ignore of course the fall witnessed on June 4 when results were declared for the general elections which were lower than what the exit polls had said. This saw a sharp reaction from the markets in India and also globally. Aug 11, 2024
Sensex, Nifty end flat as markets turn to consolidation phase

Sensex, Nifty end flat as markets turn to consolidation phase

The Indian benchmark indices ended flat on Monday as the stock markets turned to a consolidation phase due to the absence of major triggers to support the current premium valuation in the near term, prompting investors to book some profits. Jul 8, 2024
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