Recent Posts
India’s June services growth slips to 17-month low as demand, hiring cool, PMI shows
India’s dominant services sector expanded at its slowest pace in 17 months in June as domestic demand weakened sharply and overall new business grew at…
HCLTech signs massive $1.14 billion deal with Europe-based Fortune Global 50 firm to develop AI model
Indian tech firm HCLTech has signed a major deal with a Europe-based Fortune Global 50 firm to establish an artificial intelligence model for the latter….
India’s economy on sustained growth path: Government officials on financial resilience
India’s economy remains on a sustained growth path supported by strong macroeconomic fundamentals, government officials said. Ebbing external pressures from the West Asia conflict have…
Cred’s angels, institutional investors score big in Meta deal
Meta’s purchase of shares worth nearly $400 million from Cred’s existing shareholders has delivered 7-20x returns to the fintech’s angel investors, and 3-16x gains to…
STEM pool helps Amaravati host India’s first IBM quantum system
Amaravati will host one of the first two IBM quantum computers to be installed in India, with the system expected to be commissioned by September,…
Skyroot lines up more rockets as Vikram-1 gets a launch window
Even before the maiden flight of Vikram-1, Skyroot Aerospace is planning a second orbital launch later this year, as the spacetech unicorn looks to accelerate…
India-UK trade pact sparks rush of export orders ahead of July 15 rollout
New Delhi: Indian exporters are seeing a sharp surge in orders from the United Kingdom ahead of the India-UK Comprehensive Economic and Trade Agreement (CETA)…
RBI backs crypto containment and keeps ban on table, officials tell house panel
New Delhi: Top officials of Reserve Bank of India (RBI), in a submission to a parliamentary panel, backed a containment strategy leaning towards prohibition, recommending…
India-EU FTA legal scrub to end in 10-12 days, deal by Dec 31: Piyush Goyal
New Delhi: The legal scrubbing of India-EU free trade agreement (FTA) will be completed in the next 10-12 days, and the deal would be inked…
Buffer stocks, imports to keep pulse prices steady
Prices of pulses are expected to remain stable until December despite concerns over below-normal rainfall and delays in kharif sowing, with ample government buffer stocks…