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Posted in Economy

RBI mops up Rs 6.02 lakh crore through VRRR auctions against Rs 8.5 lakh crore intent

Kolkata: The Reserve Bank of India is facing challenges in sucking out the excess liquidity from the inter-bank market with the three-day variable rate reverse…

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Chakravarthy completed his Ph.D at the Massachusetts Institute of Technology in 1995 and joined McKinsey and Company as an engagement manager. (news.adobe.com)
Posted in Business

IIT-BHU alumnus Anil Chakravarthy named Adobe CEO, succeeds Shantanu Narayen

Anil Chakravarthy, an IIT-BHU alumnus and MIT graduate, was named as the president and chief executive officer (CEO) of Adobe on Friday. Chakravarthy completed his…

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Posted in Economy

El Nino to persist through February 2027: What it means for India

New Delhi: The prevailing El Nino conditions over the equatorial Pacific are most likely to intensify into a very strong event in the coming months…

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Posted in Economy

India’s farm policy needs a reset amid concerns over ethanol push, subsidies: Agri expert Devinder Sharma

Agriculture policy analyst Devinder Sharma has called for a fundamental rethink of India’s farm policy, arguing that food security, farmer incomes, and ecological sustainability should…

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Supply chains struggle to keep up (Unsplash)
Posted in Business

From protein to matcha, food fads spread faster than ever

PIGS WERE once the biggest consumers of whey, a byproduct of cheesemaking. Now farmers can scarcely afford it. Demand for whey concentrate, a common ingredient…

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Posted in Economy

RBI may raise repo rate to 5.75-6% in H2 FY27, rate hike cycle likely from December: UBI

The Reserve Bank of India (RBI) could raise the repo rate to 5.75-6 per cent in the second half of FY27 to contain excess banking…

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Posted in Economy

India’s balance of payments likely to post $60-65 bn surplus in FY27 despite wider CAD: HDFC Bank

New Delhi [India], September 4 (ANI): India’s balance of payments (BoP) is expected to post a surplus of USD 60-65 billion in FY27 despite a…

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Scapia lending product: Scapia eyes lending push, widens bank partnerships
Posted in Startups

Scapia lending product: Scapia eyes lending push, widens bank partnerships

Travel fintech Scapia is looking to launch a lending product in the next few months and widen its banking partnerships as it builds out financial…

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Rentomojo IPO: Rentomojo to go public at Rs 4,246 crore valuation; up 5x from last private round
Posted in Startups

Rentomojo IPO: Rentomojo to go public at Rs 4,246 crore valuation; up 5x from last private round

Furniture and home electronics rental startup Rentomojo is expected to go public at a valuation of Rs 4,246 crore, as per the upper end of…

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There is consensus among analysts that the foldable iPhone will find immediate sales traction. (Rendered image by design studio Geex Arts)
Posted in Business

Apple’s foldable iPhone can end up dominating a market it is swooping in to save

“Three things cannot long stay hidden: the sun, the moon and the truth,” a famous quote attributed to Gautama Buddha. You could add a fourth…

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