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Posted in Economy

New rules for M&A financing, loans against shares

Mumbai: The Reserve Bank of India (RBI) Friday stated that banks would be allowed to provide acquisition financing only in cases where the acquiring company…

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Posted in Economy

Trade pacts will open new markets & won’t hurt farmers, assures Chirag Paswan

New Delhi: India‘s decade-long reform push has begun delivering tangible results, food processing industries minister Chirag Paswan said, defending the government’s economic record while assuring…

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Posted in Economy

India, Brazil set to seal trade, pharma & minerals pacts during prez Lula’s visit; Adani & Embraer deal also on cards

New Delhi: Indian and Brazilian officials are finalising the terms of the agreements the two countries will sign during President Luiz Inacio Lula da Silva’s…

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Posted in Economy

Multi pronged strategy to mitigate US tariff impact on Indian exports: Govt to Parliament

New Delhi: The detailed agreement between India and the US is undergoing technical and legal processes in both governments and is expected to be signed…

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Razorpay picks Axis, Kotak, Citi, and JPMorgan to manage its IPO
Posted in Startups

Razorpay picks Axis, Kotak, Citi, and JPMorgan to manage its IPO

Digital payments major Razorpay has finalised four investment banks for its upcoming public listing, according to two people in the know. Axis Capital, Kotak Mahindra,…

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Govt approves Startup India Fund of Funds 2.0 with Rs 10,000 cr corpus
Posted in Startups

Govt approves Startup India Fund of Funds 2.0 with Rs 10,000 cr corpus

The government on Friday approved the second tranche of Startup India Fund of Funds Scheme with a corpus of Rs 10,000 crore. This will encourage…

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Posted in Economy

Govt approves 25 lakh tons of wheat exports

New Delhi, The government on Friday allowed export of 25 lakh tonnes of wheat, along with an additional 5 lakh tonnes of wheat products and…

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Posted in Economy

India’s export ambitions hinge on quality manufacturing, global competitiveness: NITI Aayog VC

India’s ambitions to expand its footprint in global trade will depend squarely on improving the quality and competitiveness of its domestic manufacturing base, NITI Aayog…

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Posted in Economy

Gem, jewellery exports dip by 5.79 pc at USD 2,238.54 million in Jan: GJEPC

Mumbai: India’s gem and jewellery exports witnessed a 5.79 per cent on-year decline in January to USD 2,238.54 million amid global trade headwinds and tariff-related…

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An Air India Airbus A320 plane. (Reuters)
Posted in Business

Air India ordered to pay ₹1 crore for flying an Airbus 8 times without airworthiness permit| Business News

India’s civil aviation watchdog has fined Air India $110,350 (about ₹1 crore) for flying an Airbus plane eight times without an airworthiness permit, saying the…

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