Indian payments industry to grow to $49 trillion by 2028, offering growth potential for investors. Source and citation: Based on the article from ET Bureau, dated October 17, 2024 TLDR For This Article: The Indian payments industry is set to hit $49 trillion by 2028, with transaction volumes and revenues growing steadily, fueled by credit […]
Payments Industry to Touch $49 Trillion by 2028: BCG Read More »
India’s oil and gas import bill jumps 20%, impacting domestic production and driving economic concerns. Source and citation: Based on the article from ET Bureau, dated October 17, 2024 TLDR For This Article: India’s oil and gas import bill surged 20% in the first half of FY25, driven by higher consumption and reduced domestic production.
Oil and Gas Import Bill Rises 20% to $69 billion in H1 of FY25 Read More »
Everstage raises $30 million for growth, offering insights into SaaS market opportunities and investment strategies. Source and citation: Based on the article from ET Bureau, dated October 17, 2024 TLDR For This Article: Everstage, a SaaS startup, raised $30 million, positioning itself for growth in automating sales commission processes. Analysis of this news for
HDFC AMC’s Q2 growth drives a rally in mutual fund stocks, with strong market share gains. Source and citation: Based on the article from ET Bureau, dated October 17, 2024 TLDR For This Article: HDFC AMC’s stellar Q2 results fueled a surge in asset management company stocks, boosting investor confidence in the sector’s future growth.
BharatPe reports 39% revenue growth, reducing losses, offering key insights for investors and fintech industry. Source and citation: Based on the article from ET Bureau, dated October 17, 2024 TLDR For This Article: BharatPe posted a 39% increase in operating revenue for FY24, significantly narrowing its losses and positioning itself as a stronger fintech player.
Noel Seeking Advice on Staying Tata Cos’ Chair TLDR Of the Article: Noel Tata has recently been appointed chairman of Tata Trusts. He is seeking advice on whether to remain chairman of certain group companies after his elevation. This comes after the passing of his stepbrother, Ratan Tata. Which Indian Companies will be affected: Tata
17 October 2024 : Important Financial News in India Read More »
