Month: June 2026
RBI flags rising fuel-price pressures amid West Asia war, says crude is easing as Hormuz fears recede
The Reserve Bank of India (RBI) has flagged emerging fuel-price pressures and weakening consumer confidence amid the ongoing conflict in West Asia, even as it…
Cred founder Kunal Shah to be new boss of WhatsApp, Meta pumps $900 million to take stake in his company
Meta Platforms Inc is investing $900 million into Indian fintech startup Cred, and announced to appoint its founder, Kunal Shah, the new leader of WhatsApp….
UK PM Keir Starmer turned India-UK FTA into his tenure defining deal. Here’s how
Keir Starmer, the human rights barrister who led the Labour Party to a landslide victory in the July 2024 UK general election, had made strengthening…
Core sector output slows to seven-month low of 0.5% in May
India’s core sector growth slowed to a seven-month low of 0.5% year-on-year in May, from 1.8% in April, as lower output from energy-related industries dragged…
World Bank approves USD 1.5 bn loan to support India’s reforms, job creation
New Delhi: The World Bank‘s Board of Executive Directors has approved USD 1.5 billion in financing to support India‘s structural reforms aimed at boosting private…
MSMEs nursery of entrepreneurship, key to Viksit Bharat vision: RBI Guv Sanjay Malhotra
Kochi: RBI Governor Sanjay Malhotra on Monday said MSMEs are the “nursery of entrepreneurship” and are central to the Viksit Bharat vision. Inaugurating a Special…
The World’s Caviar King Wants to Cash in on Hong Kong’s Listing Frenzy
Hong Kong’s red-hot initial public offering market has raised hundreds of billions for China’s high-growth technology and industrial champions over the past year. There’s now…
Zombie unicorns are haunting Silicon Valley
FANTASTIC BEASTS roam Silicon Valley. Locals are familiar with the unicorn, a startup valued at more than $1bn, the centaur (worth $100m) and the decacorn…
Info Edge says it invested Rs 1,003 crore on AI, deeptech startups since 2020
Info Edge, the parent company of Naukri, has invested Rs 1,003 crore across 54 artificial intelligence (AI) and deeptech startups since 2020, as the early…
India’s core sector output slows to 0.5% in May as against 1.8% in April
India’s combined Index of Eight Core Industries (ICI) slowed to 0.5% year-on-year in May 2026, as against 1.8% in April, according to provisional data released…