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FI-Index, capturing the extent of financial inclusion across the country, rose to 64.2 in March 2024, showing growth across all parameters. The index captures information on various aspects of financial inclusion in a single value ranging between 0 and 100, where 0 represents complete financial exclusion and 100 indicates full financial inclusion. «The value of the index for March 2024 stands at 64.2 vis-a-vis 60.1 in March 2023, with growth witnessed across all sub-indices,» the Reserve Bank of India (RBI) said in a statement on Tuesday. Improvement in FI-Index is mainly contributed by usage dimension, reflecting deepening of financial inclusion, it added.

7.7%to ₹1.74 trillion in June, which is the slowest pace growth since June 2021. The growth in May was 10%. The growth has been lucklustre in the past two months when compared to the average growth of 11.7% recorded in 2023-24.

Kim Kardashian revealed a startling injury. The 43-year-old reality TV personality disclosed that she snapped off her fingertip, calling the agony «more excruciating than giving birth.» This comes after several months of seeing her with bandages on her hands, as per the reports of 'Metro.co.uk'.

Joe Biden to step out of the U.S. presidential election race, mounting expectations of a September Fed rate cut, Q2 earnings, an ECB meeting and Britain's king unveiling the legislative programme of the new Labour Government. Don't race off for that summer break just yet.

An Air Europa flight en route to Uruguay was forced to make an unexpected stop in Brazil after severe turbulence injured more than 30 people on Monday, fracturing the necks and skulls of several passengers.

DLF Ltd. traded 0.54 per cent down at Rs 834.35 at 01:19PM (IST) on Friday, even as BSE benchmark Sensex dropped 304.89 points to 79744.78. The scrip had settled at Rs 838.95 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 967.0 and Rs 461.55, respectively.

Julie Chen Moonves has hinted at the unpredictable and potentially transformative nature of this new element, promising an exciting and dynamic season.

Securities Appellate Tribunal (SAT) on Wednesday directed Religare Enterprises (REL) to apply with the Securities and Exchange Board of India (Sebi) for the open offer made by the Burman family to raise its stake in the company. The tribunal, which hears appeals against the Sebi orders, however, stayed the show cause notice issued by the capital markets regulator to the financial services company and its board. In June, Sebi had asked Religare to apply with it the open offer proposal by the Burman family to purchase an additional 26% stake from the firm's public shareholders. Religare approached SAT against the Sebi directive.

White House staff and those who are working closely with President Joe Biden have been left baffled after the first US Presidential debate. It has been reported by the New York Post that the president has been continuously expressing his anger and taking it out on his aides. The staff were also not briefed regarding the outcomes of the first presidential debate and were left with many unanswered questions, according to Axios. White House has dismissed these reports and clarified that Biden has been receptive of different ideas and is preparing for the election campaign ahead of the US Presidential Election in November. Also Read: US Independence Day 2024: What and where to watch on TV on 4th July? Series, shows, movies and more

The report, based on insights from Farmley, highlights that younger Indians, particularly Millennials and Gen Z, are balancing bold flavors with healthy options. The data reveals a trend towards fiery Peri Peri flavours among 44 percent of younger Indians, while older generations prefer classic black pepper. Surprisingly, the Achaari flavour, despite being tailored for Indian tastes, has not gained significant traction across all age groups. The love for chocolate remains strong across all generations, with 65 percent of Gen Z, 63 percent of Millennials, 46 percent of Gen X, and 40 percent of Boomers identifying it as their preferred sweet treat. Mango follows closely, favored by 50 percent of Millennials, 41 percent of Gen X, 40 percent of Gen Z, and 30 percent of Boomers. Vanilla also holds a cherished spot as a dessert favorite, with 42 percent of Millennials, 38 percent of Gen Z, 35 percent of Gen X, and 31 percent of Boomers appreciating its comforting sweetness.

small business borrowers. This is an increase from 50% at the end of FY23. In September 2019, the regulator had directed banks to link interest rates on retail loans and loans to some small businesses to the repo rate and the treasury bill yields.

MUMBAI : Temasek, the private equity (PE) arm of the Singapore government, is the front runner to acquire significant minority stake in Tynor Orthotics, a Mohali, Punjab-based medical equipment maker, according to three people with knowledge of the development. The manufacturer and exporter of orthopaedic and fracture aids, which is backed by consumer-focused PE firm Lighthouse Funds, is being valued at ₹3,000 crore, three people with knowledge of the development said. “The final bids have come in and Temasek is the front runner," the first person cited above said on condition of anonymity, adding that the other bidders who made it to the final round include global PE firms Warburg Pincus and Norwest Venture Partners.

UN Security Council members confronted Russia on Tuesday over a missile strike the previous day that destroyed part of Ukraine's largest children's hospital, pouring out condemnations at an emergency meeting chaired by Moscow's own ambassador. Russia denies responsibility for the strike at the hospital, where at least two staffers were killed. France and Ecuador asked for the session at the Security Council, but Russia led it as the current holder of the council's rotating presidency, putting Ambassador Vassily Nebenzia on the receiving end of the criticism. «Mr President, please stop this war. It has been going on for too long,» Slovenian Ambassador Samuel Zbogar appealed.

Yemen’s Houthi rebels conducted the largest number of attacks on commercial ships so far in 2024 in June, fresh proof that the group’s threat to trade intensified in recent weeks. There were 16 confirmed attacks on ships in June, according to figures published by the naval forces operating in the region. That’s the most for any single month in 2024, and was only eclipsed in December when more vessels were still sailing through the region. Separate figures published by the Washington Institute show a similar trend. Attacks by the Houthis ramped up in June, having shown signs of diminishing in the preceding months. The incidents included the second confirmed sinking of a vessel, as well as the first successful attack with a seaborne drone. The attacks are helping to contribute to the second-largest increase in a gauge of global sea transport on record as vessels sail thousands of miles extra around Africa.

'Mansion Global' host Katrina Campins discusses the state of the housing market on 'Making Money.'

Any euphoria over the size of its win, though, will be quickly overshadowed by the scale of the economic challenges facing the next government. Among economic data this week, inflation cooled last month in the euro zone, the US labor market showed further signs of moderating and Japan’s household spending retreated.

The rally in the Japanese currency, which has been languishing at around 38-year lows, began on Thursday just after data showed U.S. consumer prices for June eased, boosting the odds of the Federal Reserve cutting rates as soon as September.

Mint's queries on the subject. A validated KYC status is like a golden ticket. It signifies that the KYC documents you submitted, such as PAN and Aadhaar, have been successfully verified by the issuing authorities and you can invest in any mutual fund company hassle-free.

₹200 a pop (well, it was the 1990s, things were a lot cheaper then.) Very soon, students started walking out one by one simply because they had only prepared for the questions that had been leaked and no more. On top of that it was a difficult paper—not of a kind where one could just vomit what one had mugged up, which is how most school and college exams were back then. After the exam was over, the explanation offered was that the administrators had come to know that the paper had been leaked and so had changed it to the backup question paper, which apparently had also been prepared and printed.

₹59,931 crore worth of new projects across the country during the quarter, the lowest in over a decade and down 92% year-on-year, showed the latest data from the project-tracking database of the Centre for Monitoring Indian Economy (CMIE). The data is provisional and can be updated later. Private companies continued to lead new investments in the June quarter, but they, too, fell below ₹1 trillion for the first time since the June quarter of 2020, which saw a hit due to the covid-led nationwide lockdown.

Investor resilience was on display again in a week in which high election drama couldn’t keep the S&P 500 from doing what it’s done in nine of the last 11 weeks: go up, this time in all sessions. Even markets that initially lurched on President Joe Biden’s debate travails, such as Treasuries, calmed appreciably as economic data bolstered the case for rate cuts.