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A satellite image shows Bab al Mandab Strait, a key shipping waterway and the gateway to the Red Sea, as Iran threatens using Yemen's Houthi allies to shut this gateway too. (Nasa Worldview via Reuters)
Posted in Business

Shipping via Hormuz disrupted, Iran could tell Houthis to shut Bab al-Mandab: Why the narrow waterway matters

Tehran has told Yemen’s Houthi rebels to be ready to close the Bab al-Mandab Strait if the US strikes Iranian power infrastructure – a warning…

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Zepto said to face sharply lower valuation for IPO
Posted in Startups

Zepto said to face sharply lower valuation for IPO

Indian fast-delivery company Zepto Ltd. is seeking a valuation in an initial public offering sharply below its $7 billion peak as concerns over cash burn…

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Posted in Economy

DS Group launches nano-fibre protection initiative for women farmers in Uttar Pradesh

Consumer goods maker and retailer DS Group has launched a new awareness and safety initiative for women farmers in Uttar Pradesh, introducing nano-fibre-based protective filters…

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Skyroot to launch India’s first privately developed orbital rocket tomorrow: 10 things to know
Posted in Startups

Skyroot to launch India’s first privately developed orbital rocket tomorrow: 10 things to know

Skyroot Aerospace will create history on July 18 if it successfully places a payload into orbit using a launch vehicle designed and developed in-house, becoming…

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Peak XV leads Rs 350 crore funding round in wealth manager Neo Group
Posted in Startups

Peak XV leads Rs 350 crore funding round in wealth manager Neo Group

Wealth and asset management firm Neo Group has signed definitive agreements to raise about Rs 350 crore ($36.3 million) in a funding round led by…

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Posted in Economy

US Senate bill seeks 100% tariffs on India, 4 other nations for buying Russian oil

A bill seeking to impose 100 per cent tariffs on five countries, including India and China, for buying Russian oil, while exempting European nations purchasing…

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Posted in Economy

US less reliable? India may need to open the door wider to the Dragon

India should reconsider its economic approach towards China and allow more Chinese investment into its manufacturing sector as changing global trade dynamics make the US…

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Posted in Economy

Iran war and monsoons key risk for Indian economy, says RBI Governor Sanjay Malhotra

India’s inflation remains elevated, with ongoing tensions in the Middle East and prospects of a weak monsoon season seen as key risks for the economy,…

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Posted in Economy

India to launch headline Index of Services Production within months

India plans to roll out a headline Index of Services Production within months, the country’s statistics secretary said, giving investors a single monthly gauge of…

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FAI hails Cabinet nod to NIPU-2026, calls it a major boost to fertiliser self-reliance
Posted in Economy

FAI hails Cabinet nod to NIPU-2026, calls it a major boost to fertiliser self-reliance

The Fertiliser Association of India (FAI) hailed the Union Cabinet’s approval of the National Investment Policy for Urea-2026 (NIPU-2026), calling it a significant step towards…

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