Month: August 2026

Byju’s resolution professional seeks 90-day extension to resolve insolvency
Posted in Startups

Byju’s resolution professional seeks 90-day extension to resolve insolvency

The resolution professional overseeing the insolvency proceedings of Byju’s parent Think & Learn has sought another 90 days to complete the process, which has been…

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Pharmeasy founder says failure to deleverage was key reason for debt saga
Posted in Startups

Pharmeasy founder says failure to deleverage was key reason for debt saga

Siddharth Shah, cofounder and vice chairman of API Holdings, the parent company of PharmEasy and Thyrocare, on Tuesday said the company’s biggest mistake was not…

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Banks across Tripura will remain closed on August 19 for the birth anniversary of Maharaja Bir Bikram Kishore Manikya Bahadur (Bloomberg File Photo/ Representational image)
Posted in Business

Bank holiday on August 19: Are SBI, HDFC Bank and others open tomorrow?

Banks will remain closed in Tripura on Wednesday, August 19, 2026, to mark the birth anniversary of Maharaja Bir Bikram Kishore Manikya Bahadur. Banks across…

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Posted in Economy

India weighs sugar import duty cut to curb record local prices

India, the world’s second-largest sugar producer, is considering cutting its import duty on the commodity to help curb domestic prices that recently climbed to a…

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Posted in Economy

India seeks WTO consultations with US over duty on quartz surface products

New Delhi: India has sought consultations with the US under the World Trade Organisation’s safeguard agreement over tariffs imposed on quartz surface products by America….

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Posted in Economy

India’s economic growth to slow to 6.8% in FY27 amid West Asia crisis, El Nino impact: Ind-Ra

India Ratings and Research (Ind-Ra) on Tuesday projected India’s economic growth to moderate to 6.8% in the current financial year, down from 7.6% in FY26,…

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Daron Acemoglu (X/DAcemogluMIT)
Posted in Business

The world’s most influential economist is oddly unconvincing

BY THE TIME he received the call from Stockholm, it felt overdue. In 2024 Daron Acemoglu of the Massachusetts Institute of Technology shared the Nobel…

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Posted in Economy

RBI measures lift FY27 BoP outlook to over $50 bn surplus, CAD seen at 1%: SBI Research

New Delhi: India’s balance of payments (BoP) is expected to post a surplus of around USD 50 billion in FY27, with the current account deficit…

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CMR is projecting a between 10–12% full-year decline for India’s smartphone market for 2026. (File Photo)
Posted in Business

Price hikes, more sales underline India’s smartphone shipment paradox

Even as phones become more expensive to buy, India’s smartphone shipments haven’t exactly slowed down, even though phone makers including Samsung, Vivo, Oppo and OnePlus…

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HP has walked the path of restraint with the OmniPad 12. (Vishal Mathur | HT Photo)
Posted in Business

HP OmniPad 12 brings PC gravitas to an Android tablet and convertible status quo

There is a continued conversation to be had about Android tablets which have increasingly become relevant as convertible workplace computing devices. Google may have played…

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