In 2024, NPCI issued 20 third party application approvals. This was much higher than three and four issuances in 2022 and 2023 respectively

NPCI

Markets Today LIVE: Indian benchmark equity indices were likely headed for a strong start, after lower-than-expected core inflation reading in the US boosted Wall Street shares there

Stock Market, Market, Crash, Funds, up, Stock, Gain, Lost, decline, statistic, Crisis, Capital, BSE, NSE

Aegis Logistics has seen a strong spurt in price and volumes in the last trading session from the cluster of its significant EMAs on the daily chart

Market, BSE, NSE, NIfty, Stock Market, investment

The government plans to set up data and AI labs in tier 2 and tier 3 cities across the country and has invited proposals from all 36 states as well as Union Territories for the same, Parliament was informed on Friday.
Minister of state for electronics and IT Jitin Prasada in a written reply to Rajya Sabha said that besides proposals expected from states and UTs, IndiaAI in collaboration with NIELIT also plans to establish 27 data labs in Tier 2 and Tier 3 cities across the country.
"All the 36 states and Union Territories (UTs) have been requested to submit their  nominated list of Industrial Training Institutes (ITIs)/Polytechnics located in Tier 2 and Tier 3 cities for the setting up of data labs. Additionally, IndiaAI in collaboration with NIELIT plans to establish 27 data labs in Tier 2 and Tier 3 cities across the country," Prasada said.
The data and AI labs are part of the skilling initiative of the government under IndiaAI mission.
The minister said that a model IndiaAI Data

Jitin Prasada, Jitin

These market infrastructure institutions (MIIs) have been asked to segregate such data into two baskets-one that can be shared with the public and the second that cannot be made public

SEBI

India's warehousing sector is crucial for economic growth, supporting e-commerce, manufacturing, and the seamless movement of goods across industries, said Imad Fakhoury, IFC's Regional Director

warehouse

Delhiites continued to breathe toxic air as the air quality on Friday remained in the severe category, with the 24-hour average Air Quality Index (AQI) of 429.
The predominant pollutant was PM2.5, the fine particulate matter that poses serious health risks, as they can penetrate deep into the lungs and enter the bloodstream.
Of the 36 monitoring stations across the city, 14 reported air quality in the 'Severe Plus' category, with AQI readings above 450.
The remaining stations recorded AQI levels in the 'Severe' range, between 401 and 450.
These levels signify a significant deterioration in air quality, which is considered life-threatening for vulnerable populations such as children, the elderly, and those with respiratory or heart conditions.
The maximum temperature on Friday was 23 degrees Celsius, slightly warmer than the usual for this time of year.
The day started with a cool, misty morning and high humidity, which fluctuated between 95 per cent and 71 per cent throughout the

Flagging delay in implementation of stricter measures for checking the alarming rise in pollution, the Supreme Court on Monday asked states adjoining the Delhi-National Capital Region (NCR) to immediately set up teams to enforce graded response actio

"This is a national tragedy, violating the spirit of the Good & Simple Tax the GST was meant to be," says former chief economic adviser Arvind Subramanian

popcorn

Mr Powell brought to Wednesday's press conference details from 2018 Fed research that suggested looking past tariff-induced inflation

US Federal Reserve, Fed

Outpaces Growth of Market indices by an impressive margin with growth of over 50% in just 6 months

Ashok Holani

The potential merger between Honda, Nissan, and Mitsubishi aims to standardise vehicle platforms, enabling all three parties to use a common architecture for developing their individual products

Nissan-Honda merger, Nissan, Honda

Yarn manufacturer Sanathan Textiles' initial public offering garnered 35.12 times subscription on the last day of bidding on Monday.
The initial share sale received bids for 44,32,74,446 shares, as against 1,26,22,950 shares on offer, as per NSE data.
The Qualified Institutional Buyers (QIBs) category mopped-up 75.62 times subscription, while the quota for non-institutional investors got subscribed 42.21 times. The portion for Retail Individual Investors (RIIs) received 8.93 times subscription.
Sanathan Textiles on Wednesday said it has mobilised Rs 165 crore from anchor investors.
The issue has a price band of Rs 305-321 per share sale.
The company's Rs 550-crore IPO is a combination of a fresh issue of equity shares aggregating up to Rs 400 crore and an Offer-for-Sale (OFS) of shares valued Rs 150 crore by promoters and promoter group entities.
The company plans to utilise proceeds from its fresh issue worth Rs 160 crore for payment of debt, while Rs 140 crore will be invested 

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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