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India's deeptech dream remain import dependent for critical components
Posted in Startups

India’s deeptech dream remain import dependent for critical components

Bengaluru: Indian deeptech companies remain heavily dependent on imports for critical components such as chips, battery cells, rare-earth magnets and specialised materials, with geopolitical tensions…

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Dashverse: Dashverse shuts DashReels, seeks $40m for AI push
Posted in Startups

Dashverse: Dashverse shuts DashReels, seeks $40m for AI push

Peak XV Partners-backed Dashverse has discontinued its consumer microdrama platform, DashReels, and is looking to raise $30-40 million as it shifts its focus to selling…

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Posted in Economy

Union Cabinet approves ₹10,000 crore Container Manufacturing Scheme to boost India’s production

New Delhi: The Union Cabinet on Wednesday approved a ₹10,000 crore Container Manufacturing Promotion Scheme to establish a globally competitive container manufacturing ecosystem in India,…

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Government extends PLI scheme for textiles until 2033-34 to boost MSME participation and investments
Posted in Economy

Government extends PLI scheme for textiles until 2033-34 to boost MSME participation and investments

New Delhi: The government on Wednesday announced the extension of the Production Linked Incentive (PLI) scheme for textiles until 2033-34 for companies approved under its…

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DA Hiked by 3%, to Cost 10K cr More
Posted in Economy

Union cabinet approves 3% DA hike for 11.6 million central employees and pensioners, effective July 1

New Delhi: The Union cabinet on Wednesday approved a 3% increase in dearness allowance (DA) for central government employees and dearness relief (DR) for pensioners,…

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Manjhi releases 1,000 crore under PM job scheme to support 11,333 micro enterprises
Posted in Economy

Manjhi releases 1,000 crore under PM job scheme to support 11,333 micro enterprises

New Delhi: Micro, Small & Medium Enterprises minister Jitan Ram Manjhi on Wednesday released ₹1,000 crore in margin money subsidy under the Prime Minister’s Employment…

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Posted in Economy

Green financing in India rises to $82 billion, but flows mostly to established sectors: Report

New Delhi: Investment in India’s green transition has increased substantially since the Paris Agreement came into force in 2016. However, green finance in India is…

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Heat-related deaths up 36% since Paris Agreement: Lancet
Posted in Economy

Heat-related deaths up 36% since Paris Agreement: Lancet

New Delhi: Some of the health harms of climate change grew faster in the decade since the Paris Agreement entered into force (2016-2025) than in…

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IIP Growth Eases to 4-mth Low in Sept as Mining Output Contracts
Posted in Economy

IIP growth eases to 4-month low in September as mining output contracts

New Delhi: India’s factory output growth eased to a four-month low of 6.7% in September, weighed down by a high base effect and softening mining…

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An artist paints a mural featuring Reliance Industries founder Dhirubhai Ambani, Reliance Industries Chairman and Managing Director Mukesh Ambani, and Reliance Jio Infocomm Limited Chairman Akash Ambani. (Representative Image/Reuters)
Posted in Business

Reliance Group beats Tata to become biggest conglomerate by market valuation after Jio Platforms’ blockbuster debut

Reliance Group reportedly overtook the Tata Group to become the biggest conglomerate by market valuation on Wednesday. An artist paints a mural featuring Reliance Industries…

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