Recent Posts
India extends financial support to Maldives under SAARC
New Delhi: India has approved a ₹3,000-cr currency swap for the Maldives under the South Asian Association for Regional Cooperation (SAARC) framework to support the…
Financial inclusion 2.0 road map set for review this week
New Delhi: The finance ministry will review the progress of financial inclusion with banks and stakeholders this week as it firms up the roadmap for…
Sebi offers a way over FPI tax rule hurdle
Mumbai: A tussle of legal semantics is playing out between the Securities and Exchange Board of India (Sebi) and the Central Board of Direct Taxes…
Inspection scheme soon to flag firms dodging EPFO
New Delhi: The labour and employment ministry is firming up an inspection scheme to identify establishments that are eligible for coverage under the Employees’ Provident…
Magellanic Cloud forms Rs 100-crore JV with Rayonix Tech, Israel’s Xtend to make drones in India
Surveillance technology firm Magellanic Cloud has formed a joint venture, valued at around Rs 100 crore, with indigenous defence technology firm Rayonix Tech to manufacture…
Blocking of Meta’s AI startup buy raises risk for cross-border China tech deals
China‘s blocking of Meta‘s acquisition of AI startup Manus will heighten the risk for global investors looking to invest in advanced tech firms with ties…
Go Digit Q4 net profit rises 28% YoY to Rs 149 crore
New-age insurance startup Go Digit General Insurance recorded a gross written premium of Rs 2,736 crore, up 6.2% from Rs 2,576 crore a year ago,…
Founders invest Rs 40 crore in Kissht at a premium days before IPO
The founders of digital lending startup Kissht, Ranvir Singh and Krishnan Vishwanathan, have together invested Rs 40 crore in the company ahead of its planned…
India’s farm output hits record 357 million tonnes in 2024-25: J&K Lieutenant Governor
Jammu: India is leading the fight against climate challenges, with the country’s agriculture production touching 357 million tonnes in 2024-25, up 25 million tonnes from…
Industrial growth dips to five-month low of 4.1% in March
India’s industrial output growth slowed to a five-month low of 4.1% year-on-year in March from 5.1% in February, dragged by weaker electricity and manufacturing, official…