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Flam funding: Content startup Flam raises $40 million from QED Investors, Shah Rukh Khan, others
Posted in Startups

Flam funding: Content startup Flam raises $40 million from QED Investors, Shah Rukh Khan, others

Bengaluru: Interactive content startup Flam has raised $40 million in a new funding round led by US-based venture capital firm QED Investors, as it looks…

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Posted in Economy

India’s richer households are fuelling a market-investing boom

New Delhi: India’s medium-term economic growth is expected to be driven by strong domestic consumption, sustained public infrastructure spending and a revival in private investment,…

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Moneyview IPO: Moneyview cuts IPO fresh issue size by half to Rs 750 crore
Posted in Startups

Moneyview IPO: Moneyview cuts IPO fresh issue size by half to Rs 750 crore

Accel-backed fintech lender Moneyview has halved the fresh issue component of its proposed initial public offering (IPO) to Rs 750 crore from Rs 1,500 crore,while…

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Indian shares were expected to open higher on Tuesday after five consecutive weekly losses (PTI)
Posted in Business

Sensex up by 400 points, Nifty above 23,500 as stock markets open in green

The Indian stock market saw some relief today with both Sensex and Nifty50 opening in the green. As per the official websites, Sensex is up…

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Economists expect the RBI to consider rate hikes in October and December if elevated crude prices push consumer inflation higher. (Reuters)
Posted in Business

India’s retail inflation rose to 4.8% in August, oil fuels rate hike bets

India’s retail and wholesale inflation rose marginally in August, broadly in line with expectations, but recent developments in energy markets could put further upward pressure…

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retail inflation wholesale inflation cpi index
Posted in Economy

Retail inflation in August rises to 4.8%, wholesale print up 9.9%

New Delhi: India’s price pressures intensified in August, with retail inflation accelerating to 4.8%, its highest level since the introduction of the revised Consumer Price…

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Posted in Economy

Merchant fee on UPI rolling out as transaction floor set at Rs 2,000

New Delhi: India on Monday exempted transactions of up to ₹2,000 through Unified Payments Interface and all RuPay debit card payments from any charges imposed…

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Union commerce and industry minister Piyush Goyal (@pmoindia)
Posted in Business

India, MERCOSUR to expand preferential trade agreement signed in 2009

Commerce minister Piyush Goyal and Uruguay’s foreign affairs minister Mario Lubetkin on Monday announced the launch of negotiations to expand the preferential trade agreement (PTA)…

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DBT transfers reach Rs 2.08 lakh crore
Posted in Economy

DBT transfers reach Rs 2.08 lakh crore

New Delhi: The total direct benefit transfer (DBT) under 320 welfare schemes and subsidies has reached ₹2.08 lakh crore so far in the current fiscal,…

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Posted in Economy

China is now ready to address trade concerns with India

New Delhi: China said Monday it stands ready to work with India to “properly” address each other’s economic and trade concerns in a balanced manner…

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