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Axis Bank allows Rs 1,612 crore infusion in Max Life through a preferential allocation

Axis Bank allows Rs 1,612 crore infusion in Max Life through a preferential allocation

Axis Bank will increase its stake in Max Life to 16.22% from 9.99%by achieving Rs 1,612 crore through a preferential allotment of shares. Axis Bank, along with its entities (Axis Securities and Axis Capital), obtained a 12.99% stake in Max Life in...

The Power of Data-Driven Insights: Revolutionizing Consulting Strategies

The Power of Data-Driven Insights: Revolutionizing Consulting Strategies

Consulting has emerged as a crucial partner for organizations striving to navigate complex challenges and seize growth opportunities especially in today’s world of business. Traditionally, consultants relied on experience, intuition, and...

Exim Bank has launched India Exim Finserve in GIFT City

Exim Bank has launched India Exim Finserve in GIFT City

At the Gujarat International Financial Tec-City (GIFT City), the export financing institution Exim Bank officially launched its subsidiary, India Exim Finserve IFSC Private Limited. The subsidiary, which was launched by Dr. Vivek Joshi, Secretary...

India, US discuss G20 cross-border payments, global debt challenges

India, US discuss G20 cross-border payments, global debt challenges

India and the US have held wide-ranging discussions on cross-border payments issues, including G20 payments roadmap, India’s United Payments Interface (UPI) platform, and the Federal Reserve’s implementation of the FedNow payments...

Investments in the country rose by 65% between 2014-15 and 2022-23

Investments in the country rose by 65% between 2014-15 and 2022-23

Investments in the country have risen by 65 percent between 2014-15 and 2022-23, from Rs 32,78,096 crore to Rs 54, 34,691 crore. The government and private sector together invest in the economy, which is indicated by Gross Fixed Capital Formation...

Agile vs. Waterfall Project Management: Which is the Better Approach for Today's Business Environment

Agile vs. Waterfall Project Management: Which is the Better Approach for Today's Business Environment

In today's fast-paced and ever-changing business environment, project management methodologies play a crucial role in determining the success of any venture. Two prominent approaches that have stood the test of time are Agile and Waterfall....

Finance Minister Sitharaman meets with 11 World Bank officials in New Delhi

Finance Minister Sitharaman meets with 11 World Bank officials in New Delhi

Eleven Executive Directors (EDs) of the World Bank Group representing 95 countries called on Union Finance Minister Nirmala Sitharaman in New Delhi during their visit to India, the Ministry of Finance stated. The Executive Directors of the world...

The Gig Economy: Embracing Independent Contractors as the Future of Employment

In recent years, the world has witnessed a seismic shift in the employment landscape, with the rise of the gig economy and the increasing popularity of independent contractors. As traditional employment models evolve, businesses are recognizing...

India payment card market to exceed $728 billion in 2027

India payment card market to exceed $728 billion in 2027

India’s card payment market is projected to nearly triple from $262.1 billion in 2022 to $728.2 billion in 2027, driven by increasing consumer spending, says GlobalData, a data and analytics firm. GlobalData’s Payment Cards...

88% of Rs 2000 notes returned to banks till July 31: RBI

88% of Rs 2000 notes returned to banks till July 31: RBI

As the process for the withdrawal of the Rs 2000 currency notes continues, the RBI said that 88 percent of the high-value denomination banknotes in circulation have been returned to banks till July 31. The total value of Rs 2000 notes in...

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