The Reserve Bank of India (RBI) has approved third-party applications for UPI access to full-KYC prepaid payment instruments (PPI), enabling holders to make and receive payments through external apps.
India is set to become Apple's third-largest market by 2026, following the US and China. In FY24, Apple’s local sales are expected to increase by up to 20%, reaching around 15 million units, driven by ...
In 2024, a robust economy and stable interest rates improved home affordability in India’s key property markets. The increase in income levels has enabled more individuals and families to buy homes, ...
Housing prices in India’s top seven markets surged by 13% to 30% in 2024, with Delhi NCR seeing the highest increase, reaching US$ 88.56 (Rs. 7,550) per sq. ft. amid rising demand and costs.
India leads globally in IPO volume, with 76 IPOs raising US$ 15.25 billion (Rs. 1,30,000 crore) in 2024, predicted to reach US$ 23.46 billion (Rs. 2,00,000 crore) in 2025.
India's mutual fund industry saw a 39.59% growth in assets, reaching US$ 571.78 billion (Rs. 68,05,000 crore) in November 2024, driven by a 48% surge in SIP contributions to US$ 2.97 billion (Rs.