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Posted in Startups

Valuation reset drives mutual fund inflows into listed new-age firms amid FPI selloff

Falling share prices of new-age companies in the quarter to March, tracking weaker macroeconomic indicators, pushed mutual funds to step up buying and raise their…

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Posted in Economy

West Asia war, rain deficit can hike inflation, drag India’s growth: Finmin

New Delhi: The Indian economy faces the challenge of a double whammy-the West Asia war and a below-normal monsoon forecast-posing upside risks to inflation as…

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Posted in Economy

What Noida’s factory protests mean for India’s wage debate

The recent factory workers’ protest in Noida’s industrial belt, demanding that Uttar Pradesh align its minimum wages with higher benchmarks in neighbouring Haryana, has brought…

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Posted in Economy

Finance Ministry caps outlay for schemes pending 16th Finance Commission approval

New Delhi: The finance ministry has capped front-loading of expenditure under central sector schemes and sponsored schemes (CSS) that have the appraisal and approval pending…

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Posted in Economy

India invokes WTO peace clause for FY25 rice subsidies for farmers

New Delhi: India has invoked the peace clause for the seventh time for exceeding the 10% ceiling on subsidies offered to rice farmers under the…

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Posted in Economy

Current growth trajectory paves way for India to be a developed nation by 2047: Jeffrey D Sachs

New Delhi: India will be a developed nation by 2047, if the country continues its current economic growth trajectory, renowned economist Jeffrey D Sachs said…

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Posted in Economy

Govt develops export monitoring framework to meet FY31 $2 trillion export target

New Delhi: The Department of Commerce has developed a structured Export Monitoring Framework which breaks down the national target into sector-wise actions across engineering goods,…

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Posted in Economy

Woking on Jan Vishwas bill 3 to further improve business environment: Piyush Goyal

New Delhi: After decriminalising a number of minor offences under various laws, Commerce and Industry Minister Piyush Goyal on Wednesday said the government is working…

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ICRA cuts Ola Electric's rating as competition, poor brand perception hit performance
Posted in Startups

ICRA cuts Ola Electric’s rating as competition, poor brand perception hit performance

EV manufacturer Ola Electric Technologies has been downgraded by the rating agency ICRA, citing low sales, continued losses, and a delayed timeline to profitability, even…

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Posted in Economy

RBI launches 3 key surveys for monetary policy input

Mumbai: The Reserve Bank on Wednesday announced the commencement of three key surveys, including on inflation expectations, to collect inputs for its monetary policy. The…

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