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Posted in Economy

Retail inflation climbs to 2.1% in August as food prices soar

NEW DELHI: India’s retail inflation accelerated to 2.1% yearon-year in August from an eight-year low of 1.6% in July, as food prices increased, official data…

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After cut in GST, CBIC orders price tracking of 54 items

New Delhi: The Central Board of Indirect Customs and Taxes (CBIC) has directed its field formations to track price changes for various commodities before and…

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Industry optimistic about growth in auto parts exports despite Trump tariffs

New Delhi: India’s $80 billion auto component industry is expected to face limited long-term impact from the heavy tariffs imposed by the US and Mexico…

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Over 120k opium licences to be issued starting Oct

New Delhi: The government will issue more licences for opium cultivation in crop year 2025-26, the finance ministry said Friday while announcing the annual opium…

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NHAI working on using solid waste of country for road construction by 2027: Nitin Gadkari

The National Highways Authority of India is working towards segregating solid waste for use in road construction by 2027, Union Minister Nitin Gadkari said on…

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FinMin for creation of two globally competitive banks as part of Viksit Bharat vision

India aims to establish two globally competitive banks, with assets that would rank them among the top 20 lenders in the world as part of…

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US Treasury calls on G7, EU to impose tariffs on China, India over Russian oil purchases

The U.S. Treasury on Friday called on Group of Seven and European Union allies to impose “meaningful tariffs” on goods from China and India to…

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Indifi's revenue rises 22% to Rs 360 crore; net losses widen to Rs 45 crore
Posted in Startups

Indifi’s revenue rises 22% to Rs 360 crore; net losses widen to Rs 45 crore

The lender to micro, small, and medium enterprises (MSMEs), Indifi Technologies, has reported an increase in revenue to Rs 360 crore in FY25, up from…

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RBI imposes Rs 21 lakh penalty on PhonePe
Posted in Startups

RBI imposes Rs 21 lakh penalty on PhonePe

The Reserve Bank of India on Friday said it has imposed a penalty of Rs 21 lakh on PhonePe Limited for non-compliance with certain norms…

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Urban Company IPO closes with 104x subscription
Posted in Startups

Urban Company IPO closes with 104x subscription

The initial public offering (IPO) of at-home services platform Urban Company closed on a strong note Friday, with bids coming in at 103.6 times the…

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