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Accel raises $3.5 billion to invest in emerging global AI startups
Posted in Startups

Accel raises $3.5 billion to invest in emerging global AI startups

Accel, a global venture capital firm with offices in Silicon Valley, London and Bangalore, India, has raised $3.5 billion in new funds for early-stage investments…

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Vibe-coding startup Lovable raises $400 million at $13.3 billion valuation
Posted in Startups

Vibe-coding startup Lovable raises $400 million at $13.3 billion valuation

Swedish vibe-coding startup Lovable said on Wednesday it raised $400 million in Series C funding at a $13.3 billion valuation, double its valuation from December….

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Posted in Economy

Inflation likely to rise from here as food prices remain key risk: Experts

New Delhi: India’s retail inflation is expected to rise from current levels in the coming months, driven mainly by food prices but it will likely…

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Posted in Economy

India sets sail to add more trade muscle as it signs PTA terms with SACU

India signed ‌terms of reference (ToRs) with five-member Southern African Customs Union (SACU) on Wednesday, launching negotiations for a preferential trade agreement, as New Delhi…

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Posted in Economy

India needs to step up public investment to attract private investments: Working paper by EAC-PM

Corporate profits and investment in India have recovered after the pandemic, but investment recovery has been comparatively slower due to the limited presence of innovative…

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Posted in Economy

RBI invites public comments on draft rules to standardise how lenders set interest rates

The Reserve Bank of India on Wednesday issued draft amendments for a proposed harmonised framework for interest rates on loans and advances across banks and…

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Posted in Economy

India’s July inflation quickens to 4.45% from 4.38% in June, stays above RBI target

India’s retail inflation rose to 4.45% in July from 4.38% in June, as food prices remained elevated and pushed overall price pressures higher, according to…

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Posted in Economy

India Commerce Secy Rajesh Agrawal to visit Chile this month to review CEPA talks: Official

New Delhi: Commerce Secretary Rajesh Agrawal will visit Chile later this month to take stock of the progress of the India-Chile trade agreement, an official…

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Investors are focused on the upcoming U.S. July inflation report and the impact it could have on interest rates.
Posted in Business

U.S. futures higher ahead of key inflation report

U.S. futures were higher in early European trading as investors focused on the upcoming U.S. July inflation report and the impact it could have on…

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Astrotalk announces Esop buyback at $1 billion valuation
Posted in Startups

Astrotalk announces Esop buyback at $1 billion valuation

Noida-based astrology and spiritual-tech platform Astrotalk has announced an employee stock option (Esop) buyback for more than 100 employees at a valuation of $1 billion,…

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