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Posted in Startups

Startup investors cash out nearly Rs 18,000 crore after IPO lock-ins end

Top global investors, including SoftBank and KKR, have sold shares worth nearly Rs 18,000 crore in new-age companies, such as Groww and Lenskart, that went…

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Posted in Economy

India will do more to boost inflows: Finance Minister Nirmala Sitharaman

New Delhi: Finance minister Nirmala Sitharaman said India would take more steps, over and above those taken by the Centre and the banking regulator, to…

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Posted in Economy

New valuation rules seek fairer outcomes in bankruptcy cases

New Delhi: The bankruptcy regulator on Monday issued a circular stipulating standardised formats and documentation requirements for the valuation of companies undergoing resolution under the…

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Posted in Economy

Hormuz may reopen, but fertiliser relief is still months away for India

New Delhi: Fertiliser availability and prices may take another three to four months to normalise despite an initial agreement between the US and Iran to…

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Posted in Economy

India, UAE step up efforts to expand re-dirham trade

More than 15% of the India-UAE trade has been invoiced in local currencies since the formalisation of the rupee-dirham mechanism nearly three years ago, India’s…

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Posted in Economy

Goldman Sachs cuts India’s 2026 CAD forecast to 1.3% of GDP

New Delhi: Goldman Sachs has turned more optimistic on India’s external position, lowering its current account deficit (CAD) forecast for 2026 to 1.3% of gross…

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Posted in Economy

New series debut: WPI at 9.7% in May; energy costs drive surge; revamped index expands basket to 957 items

New Delhi: India’s wholesale inflation rose to a record 9.7% year-on-year in May, the first reading under the revised Wholesale Price Index (WPI) series that…

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Weak monsoon threat looms; food inflation fears rise
Posted in Economy

Weak monsoon threat looms; food inflation fears rise

New Delhi: Trends show that moderate or stronger El Nino events have often coincided with weak monsoons, said a report by rating agency Care, indicating…

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Posted in Economy

India’s engineering exports jump 24% to USD 12.31 billion in May: EEPC

Kolkata: India’s engineering goods exports jumped 24.48 per cent to USD 12.31 billion in May 2026, from USD 9.89 billion in the year-ago period, industry…

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Posted in Economy

India, UK working to resolve issues for trade pact implementation

New Delhi: India and the UK are discussing issues hindering the implementation of the free trade agreement, which was signed in July last year, a…

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