Recent Posts
Silicon Valley’s South Park Commons bullish on India’s deeptech space
South Park Commons (SPC), the San Francisco-based founder collective and early-stage investor that’s backed unicorns such as Luma AI, Baseten, Cognition AI, and Replit, is…
Accel raises $550 million for India, keeps early-stage focus as AI reshapes dealflow
Accel, an early backer of Flipkart, Swiggy, and Urban Company, has raised $550 million for its ninth India fund, about 15% lesser than its Fund…
Government proposes 40% hike in SC/ST atrocity compensation to up to Rs 12 lakh
New Delhi: The government has proposed over 40% increase in compensation for Scheduled Caste and Scheduled Tribe victims of atrocities and financial assistance to states…
India’s ‘BBB-‘ rating unchanged: Fitch cites energy shocks, fiscal weakness, but praises growth
New Delhi: Fitch Ratings on Tuesday kept its sovereign credit rating on India unchanged at the lowest investment grade of “BBB-“, with a “stable” outlook….
New foreign investment rule looms over AIFs, foreign investors
Mumbai: The hint of a new regulation is threatening to upturn the best laid plans of hundreds alternative investment funds (AIFs) – pooled vehicles used…
India-SACU trade pact talks to begin by September, conclude within a year
New Delhi: Negotiations for the India-Southern African Customs Union (SACU) trade pact will commence within one month of the signing of the terms of reference…
Govt issues advisory against two Bhutanese cos on trade risks
New Delhi: The government has advised exporters, Export Credit Guarantee Corporation, banks and other stakeholders to exercise “heightened vigilance” while dealing with two Bhutan-based firms,…
US federal deficit set to hit $2.1 trillion as spending outpaces tax revenue, CBO says
The US federal budget deficit is on track to cross $2 trillion in fiscal year 2026, making it one of the biggest shortfalls ever recorded….
Mortgage rates today: 30-year loan rises to 6.861% as inflation and war keep rates high
Mortgage rates moved higher today. The average interest rate on a 30-year fixed purchase mortgage rose to 6.861%, up from 6.823% yesterday, according to Zillow…
Road ministry revises model concession agreement for BOT projects
The Ministry of Road Transport and Highways has further simplified the model concession agreement for build-operate-transfer (BOT) projects as it seeks greater private-sector participation in…