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Posted in Economy

India’s April-June balance of payments records $8.1 billion deficit, June turns surplus

BENGALURU: India’s balance of payments recorded a deficit ​of $8.1 billion in the ​April-June quarter, compared with a surplus of $4.5 billion ​a year earlier,…

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Voltas, Atomberg Innovation plan 50:50 venture to manufacture AC compressors
Posted in Startups

Voltas, Atomberg Innovation plan 50:50 venture to manufacture AC compressors

Tata group firm Voltas and Atomberg Technologies’ engineering arm plan to set up a 50:50 joint venture to develop and manufacture room air conditioner (AC)…

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Redcliffe Labs, Skyroot Aerospace to test diagnostic reagents in orbit
Posted in Startups

Redcliffe Labs, Skyroot Aerospace to test diagnostic reagents in orbit

Y Combinator backed diagnostic chain Redcliffe Labs and spacetech startup Skyroot Aerospace have partnered to send reagents into low Earth orbit (LEO) to study how…

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Pernia's Pop-Up Shop likely to launch Rs 660 crore IPO by August-end
Posted in Startups

Pernia’s Pop-Up Shop likely to launch Rs 660 crore IPO by August-end

Purple Style Labs, the parent company of Pernia’s Pop-Up Shop, is likely to launch its Rs 660 crore initial public offering (IPO) by the end…

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Posted in Economy

RBI shortens FCNR (B) deposit swap window to Aug 31

Reserve Bank of India (RBI) has shortened the swap facility window for foreign currency non-resident (bank) or FCNR (B) deposits by a month to August…

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PhysicsWallah Q1 loss narrows 31%; edtech to transfer FinZ loan book
Posted in Startups

PhysicsWallah Q1 loss narrows 31%; edtech to transfer FinZ loan book

Edtech firm PhysicsWallah’s consolidated net loss narrowed 31% to Rs 88.3 crore in the April-June quarter from Rs 127 crore, as operating revenue increased 24%…

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Posted in Economy

India-Japan stakeholder meet held to strengthen skilling, workforce mobility pathways

New Delhi: The India-Japan Stakeholder Consultation on Skill Development held here on Friday discussed ways to strengthen cooperation on skill development and workforce mobility between…

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US rocket company Astra Space seeks to raise $250 million in comeback bid
Posted in Startups

US rocket company Astra Space seeks to raise $250 million in comeback bid

US rocket company Astra Space is seeking ​to raise $250 million at ​a $1 billion valuation in a funding round expected to ​close this quarter,…

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Whether that will work out well for you depends on whether you ask the right questions.
Posted in Business

What to ask when your adviser pushes private funds

Good questions are every investor’s best defense. Whether that will work out well for you depends on whether you ask the right questions. Between now…

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Posted in Economy

Free dhaniya no more? India’s kitchen is feeling a new food squeeze

A free bunch of dhaniya is perhaps one of the biggest small wins for an Indian out buying vegetables. But that little extra is getting…

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