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Ride-hailing aggregators told to remove tipping prompts
Posted in Economy

Ride-hailing aggregators told to remove tipping prompts

New Delhi: The road transport and highways ministry on Wednesday directed motor vehicle aggregators to pull down all pre-trip and mid-trip tipping prompts from their…

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MSME Rules Next Month, Focus on Global Value Chains
Posted in Economy

MSME rules next month, focus on global value chains

New Delhi: The ministry of micro, small and medium enterprises (MSME) plans to notify rules next month to put new legal provisions for small businesses…

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FM Calls on Multilateral Banks to Lay BRICS for Private Infra Investment
Posted in Economy

Nirmala Sitharaman calls on multilateral banks to lay BRICS for private infra investment

New Delhi: Finance minister Nirmala Sitharaman on Wednesday said BRICS economies face common structural constraints in mobilising private capital at scale even though they have…

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Posted in Economy

India, S African customs union ink terms to launch trade talks

New Delhi: India and the Southern African Customs Union (SACU) Wednesday signed the Terms of Reference (ToR) to formally launch negotiations for a Preferential Trade…

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Posted in Economy

RBI proposes new interest rate rules for regulated entities, seeks public comments

Mumbai: The Reserve Bank of India (RBI) has asked regulated entities (REs) to harmonize methodology for determining interest rates, including defining the internal benchmark, the…

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Bank deposits hit decade-high growth as NRI dollar inflows cross $37 billion

Kolkata: Bank deposits rose 15.4% year-on-year at the end of July, marking the fastest pace in nearly 10 years, as overseas Indians parked about $37…

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Accel raises $3.5 billion to invest in emerging global AI startups
Posted in Startups

Accel raises $3.5 billion to invest in emerging global AI startups

Accel, a global venture capital firm with offices in Silicon Valley, London and Bangalore, India, has raised $3.5 billion in new funds for early-stage investments…

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Vibe-coding startup Lovable raises $400 million at $13.3 billion valuation
Posted in Startups

Vibe-coding startup Lovable raises $400 million at $13.3 billion valuation

Swedish vibe-coding startup Lovable said on Wednesday it raised $400 million in Series C funding at a $13.3 billion valuation, double its valuation from December….

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Inflation likely to rise from here as food prices remain key risk: Experts

New Delhi: India’s retail inflation is expected to rise from current levels in the coming months, driven mainly by food prices but it will likely…

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India sets sail to add more trade muscle as it signs PTA terms with SACU

India signed ‌terms of reference (ToRs) with five-member Southern African Customs Union (SACU) on Wednesday, launching negotiations for a preferential trade agreement, as New Delhi…

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