Fintech firm MobiKwik reports wider loss of Rs 56 crore in Q4

IANS | May 20, 2025 3:02 PM

New Delhi, May 20 (IANS) Fintech company MobiKwik has reported a wider consolidated loss of Rs 56.03 crore in the fourth quarter of the financial year 2024–25 (Q4 FY25), compared to a small loss of just Rs 67 lakh in the same quarter last fiscal (Q4 FY24).

India's digital economy projected to reach $1 trillion by 2025 end: DIPA

IANS | May 20, 2025 2:50 PM

New Delhi, May 20 (IANS) With urban wireless tele-density already at 131.45 per cent and telecommunications contributing over 6.5 per cent to GDP, India has reached a pivotal moment where connectivity transcends its traditional boundaries, the Digital Infrastructure Providers Association (DIPA) said on Tuesday.

CCI playing a key role in ensuring free and fair markets: FM Sitharaman

IANS | May 20, 2025 2:10 PM

New Delhi, May 20 (IANS) Ensuring free and fair markets is not merely an economic need but a democratic one and the Competition Commission of India (CCI) plays an important role against this backdrop, to keep the competition alive in the markets, Union Finance Minister Nirmala Sitharaman said on Tuesday.