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Whatfix: Whatfix appoints cofounder Vara Kumar as CEO after Khadim Batti’s death
Posted in Startups

Whatfix: Whatfix appoints cofounder Vara Kumar as CEO after Khadim Batti’s death

Enterprise software startup Whatfix has appointed cofounder Vara Kumar as its chief executive officer, effective immediately, following the sudden death of cofounder and CEO Khadim…

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Posted in Economy

‘Historic achievement for 21st-century India’: PM Modi inaugurates Rs 35,000 crore development projects in Vadodara

Prime Minister Narendra Modi on Tuesday inaugurated, dedicated and laid the foundation stones for development projects worth more than Rs 35,000 crore in Vadodara, including…

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Iztri funding: Iztri raises Rs 10 crore funding from All In Capital, Suashish Group, others
Posted in Startups

Iztri funding: Iztri raises Rs 10 crore funding from All In Capital, Suashish Group, others

On-demand fabric care startup Iztri has raised Rs 10 crore (about $1.1 million) in a funding round led by All In Capital and Suashish Group….

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Posted in Economy

Canada’s retaliatory tariffs take effect as US trade talks stall

OTTAWA: Canada’s retaliatory tariffs on U.S. goods took effect just after midnight on Tuesday as Prime Minister Mark Carney increased economic pressure on his country’s…

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A man touches the stairs as he arrives at the Bombay Stock Exchange (BSE) building in Mumbai (REUTERS/File)
Posted in Business

Subdued start for Sensex, Nifty with crude threats, global tension impacting markets

Indian stock market indices Sensex and Nifty opened lower on Tuesday, September 8, after closing at six-week lows in the previous session, as sentiment remained…

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Posted in Economy

SBI Ecowrap calls ‘missing’ GDP figures claim ‘fiction’, defends revisions

New Delhi: The narrative surrounding the supposed missing sums in the national accounts is a badly scripted piece of fiction devoid of any logic, according…

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India’s late-stage funding crunch shrinks cheques, cuts valuations
Posted in Startups

India’s late-stage funding crunch shrinks cheques, cuts valuations

Many late-stage startups are closing funding rounds at smaller sizes and lower valuations than discussed when negotiations began, while a few proposed capital raises have…

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Posted in Economy

New GDP series reflects better data, methods: MoSPI

New Delhi: The Ministry of Statistics and Programme Implementation (MoSPI) defended the use of double deflation in the new gross domestic product (GDP) series and…

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Posted in Economy

FM Nirmala Sitharaman, IMF deputy MD discuss growth, economic shifts

NEW DELHI: Finance minister Nirmala Sitharaman Monday discussed bilateral engagement and the outlook for the Indian and global economies with visiting IMF deputy managing director…

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Gasoline prices hit a record high for Labor Day as US drivers face higher fuel costs.  (Photo by SPENCER PLATT / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) (Getty Images via AFP)
Posted in Business

Gasoline prices hit record $4.15 on Labor Day as Iran war keeps oil costs high

Gas prices have reached a record high for Labor Day this year. The national average price for regular gasoline was $4.15 per gallon on Monday,…

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