Recent Posts
India’s July services sector growth slides to over four-year low as demand wilts: PMI
Bengaluru: Growth in India’s dominant services sector slumped to its weakest pace in over four years in July as demand was weighed down by fierce…
RBI keeps policy repo rate unchanged at 5.25%, maintains neutral stance
The Reserve Bank of India on Wednesday announced that it would keep the policy repo rate unchanged at 5.25%, with the Monetary Policy Committee unanimously…
Sensex gains, Nifty flat ahead of RBI rate decision
India’s Nifty traded flat while Sensex gained on Wednesday ahead of the central bank’s policy decision, as investors bet on unchanged rates and looked for…
Alibaba’s Qwen 3.8 Max, rogue behaviour, and rising capex leads to rising worries
Cognitive warmup. Chinese tech giant Alibaba has released the Qwen 3.8-Max, which it says is their “most capable AI model to date”. This is also…
Sidbi tweaks startup fund rules, nudges VCs to draw capital faster
The Small Industries Development Bank of India (Sidbi), which manages the government’s Rs 10,000 crore Fund of Funds for Startups (FFS), has modified its rules,…
Climate tech startup InRisk raises $27 million from Bessemer, others
Climate tech startup InRisk Labs has raised $27 million in a round co-led by Bessemer Venture Partners and Sameer Brij Verma’s Northpoint Capital, while its…
Karnataka plans new procurement framework to ease startup tech adoption
Karnataka is planning a new procurement framework to enable government departments to adopt technologies developed by startups, as the state looks to bridge the gap…
Government moves closer to restoring MDR on UPI merchant payments
New Delhi: The government on Tuesday introduced amendments to the Payment and Settlement Systems Act in Parliament, moving closer to restoring merchant discount rates (MDR)…
Sugar prices surge 17% in a month, mills expect more government curbs
Pune: India’s sugar industry expects the government to implement additional measures to control rising prices of the sweetener. Prices increased 4.3% in the past week…
Govt unveils tax overhaul to woo global investors, boost manufacturing
New Delhi: Finance minister Nirmala Sitharaman has introduced a Bill to amend India’s tax laws to attract more foreign investment, support electronics manufacturing, encourage investment…