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RBI clears 99 pc applications within deadline under Citizen’s Charter
Mumbai: The Reserve Bank of India (RBI) on Monday said it has processed 99.7 per cent of applications within the prescribed timeline under its Citizen’s…
India’s net direct tax collections rise 5.12% to Rs 23.40 lakh crore till March 31
Net direct tax collections rose 5.12% to around Rs 23.40 lakh crore as of March 31, according to official data. Gross direct tax collections for…
No government financial support planned for fuel retailers’ petrol, diesel, ATF losses
New Delhi: The government has no plans to extend financial support to state-owned fuel retailers for the losses they are incurring on selling petrol, diesel…
ADB should step up capital expansion measures, adopt ‘more transformational approach’: MoS Finance
Samarkand (Uzbekistan): ADB will need to step up capital expansion measures, including hybrid and callable capital, to ensure that exposure limits do not constrain development…
Ather Energy quarterly revenue goes past Rs 1,000 crore in Q4, riding on family scooter Rizta
Electric two-wheeler manufacturer Ather Energy on Monday reported its strongest annual performance in FY26, with a bigger market share and improved unit economics. The Bengaluru-based…
D2C menstrual hygiene startup HealthFab raises Rs 20 crore from Atomic Capital
Bengaluru-based direct-to-customer (D2C) menstrual hygiene startup HealthFab has raised Rs 20 crore from early-stage venture investor Atomic Capital. Founded in 2019 by Kiriti Acharjee, Sourav…
Space company Pixxel and AI firm Sarvam join hands to build orbital data centre satellite
US-Indian space company Pixxel has partnered with Bengaluru-based artificial intelligence firm Sarvam to build an orbital data centre satellite. While Pixxel will design, build, launch,…
Supervision must look beyond formal compliance, says RBI Deputy Guv Swaminathan J
New Delhi: A lightly supervised system may appear efficient for some time, because of lower costs and faster growth, but if that growth rests on…
MRAI asks for dedicated ministry for recycling
The Material Recycling Association of India (MRAI) has called for the creation of a dedicated and unified national framework for recycling and the circular economy…
AI compute startup Tsavorite raises $5 million from Pavestone to scale platform
Tsavorite has raised $5 million (about Rs 46.6 crore) from Hyderabad-based venture capital firm Pavestone, as it looks to expand its AI compute platform spanning…