NEW DELHI: People in India’s 46 million-plus cities are earning significantly more than their counterparts in other urban areas, a new report released by NSO showed Monday. In 2025, a self-employed worker in Delhi, Bengaluru, Patna, Ahmedabad, Surat and Mumbai, among others, earned an average Rs 30,858 a month — 34% higher than their counterparts…
NEW DELHI: Reforms undertaken by India’s official statistical machinery in recent years have led to updating of macroeconomic indicators, improved data dissemination, introduction of new and user demand-based surveys, laying the foundation for a more robust, credible and future ready statistical system, principal secretary to PM PK Mishra said Monday. Addressing an event on Statistics…
MUMBAI: :Stress is emerging in the micro-borrower segment of the MSME industry, particularly for loans with ticket sizes below Rs 2 crore, even as larger enterprises remain relatively resilient amid geopolitical headwinds, tighter working capital conditions, and global supply chain pressures. The divergence in asset quality across MSME segments has widened, with micro borrowers showing…
Quick commerce race intensifies as Amazon, Flipkart level up MUMBAI: Amazon and Walmart’s Flipkart have made it clear that they are not going to play on the sidelines in India’s quick commerce battlefield. Big money, aggressive dark store expansion, discounts, cashbacks—everything is on the table. Listed players Eternal—which owns Blinkit—and Swiggy are jittery despite sitting…
Gold Rate Today: Indian households rush to cash out old jewellery Indian households are increasingly cashing in on old jewellery as concerns grow that gold prices may have already reached their peak. According to data from the India Bullion & Jewellers Association (IBJA), consumers sold nearly 50 tonnes of old gold during the April-June quarter,…
Wall Street started the week on a stronger note, with major US indices rebounding after a rare spell of losses as heavyweight technology stocks lifted investor sentiment.The Dow Jones Industrial Average stood at 52,174.42, up 0.58%, while the Nasdaq Composite was at 25,495.20, gaining 0.78%, and the S&P 500 reached 7,390.14, rising 0.49% around 8…
Overall, the technical outlook remains bearish to neutral. As long as prices trade below the 20-day moving average, rallies are likely to face selling pressure. (AI image) Gold price prediction today: Gold prices may find support in the Rs 142,800–143,200 band. They are trading with a bearish bias in the near-term, says Manav Modi, Senior…
India’s Gen Z has mastered accountmaxxing — stacking SIPs, buying mutual funds and chasing financial freedom. SIPs? Locked in. Mutual funds? Loading. But when it comes to insurance, many are still depending on their parents to handle it. According to a Bajaj Capital report, 51% of Gen Z respondents actively invest through mutual funds and…
More than a quarter of the country’s nearly 6,000 bond issuers carried AAA ratings at the end of the first quarter, while another 32% were rated AA+, according to the Securities Association of China. In comparison, fewer than 1% of outstanding US corporate bonds carry AAA ratings, Bloomberg data showed. In a move that could…
Axis Bank on Monday announced that its chief financial officer, Puneet Sharma, has resigned. Sharma, who has led the bank’s finance function since March 2020, stepped down on Sunday, June 28, and will remain with the lender until August 31. During his time at the private sector lender, Sharma served as the group head and…
