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Posted in Economy

India inflation likely rose to 4% in May as food, fuel costs climb

India’s inflation likely rose to the Reserve Bank of India‘s medium-term target of 4% in May, driven by a pickup in vegetable prices and higher…

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Vinod Khosla, founder of Sun Microsystems, founded Khosla Ventures in 2004. (Bloomberg)
Posted in Business

Entrepreneur blocked Vinod Khosla’s number after a dinner. Indian-origin billionaire responds to viral allegation

Indian-origin venture capitalist Vinod Khosla responded to an American entrepreneur who accused him of asking him to fire his co-founders in exchange for a more…

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At the core of Steady Hands app is an ability to take a test to identify a user’s tremor intensity and frequency. (Official photo)
Posted in Business

Tim Cook praises Indian student’s AI app inspired by grandmother’s struggle

“India is so dynamic, I love going there,” remarked Apple CEO Tim Cook, a day ahead of the tech giant’s annual Worldwide Developer Conference (WWDC)…

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Kiran Mazumdar-Shaw's Immuneel Therapeutics raises Rs 100 crore from Singularity AMC, Rainmatter, others
Posted in Startups

Kiran Mazumdar-Shaw’s Immuneel Therapeutics raises Rs 100 crore from Singularity AMC, Rainmatter, others

Immuneel Therapeutics, a cancer therapy startup cofounded by Biocon founder Kiran Mazumdar-Shaw, has raised over Rs 100 crore in new funding to expand manufacturing, reduce…

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Posted in Economy

‘Domestic cos got lower ubsidies than Chinese peers, on par with North America’

New Delhi: India’s subsidies to its firms are significantly below those for China and are on a par with what many North American entities get,…

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FTA talks with EAEU likely to take up agri, marine goods
Posted in Economy

FTA talks with EAEU likely to take up agri, marine goods

New Delhi: India is expected to take up compliance and certification requirements aimed to ease exports of marine goods, agricultural items and processed foods with…

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Posted in Economy

RBI may need to absorb at least half of hedging cost to spur ECBs by PSUs

Mumbai: The Reserve Bank of India (RBI) will have to bear at least half the hedging cost of between 3.5% and 4%, to make it…

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Paying tax won't legitimise cash stashes
Posted in Economy

Paying tax won’t legitimise cash stashes

Builders, sticky-fingered bureaucrats, and unauthorised money changers are about to be blindsided by the taxman. Unbeknown to most, handling cash hordes has just become tougher….

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Posted in Economy

Very short window for India amid China supply-chain shift, says CEA V Anantha Nageswaran

New Delhi: China has effectively criminalised supply-chain due diligence and penalised firms relocating manufacturing, a top finance ministry official told a parliamentary panel, underlining that…

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Posted in Economy

‘Making in Russia for India’ eyes fertilisers, critical mineral mining JVs

New Delhi: India’s envoy to Moscow has pitched for the ‘Making in Russia for India‘ model across sectors, including fertilisers, critical minerals and mining to…

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