Month: October 2026
With retail inflation at 5.5%, RBI’s stance vindicated
“It is clear that inflation and its outlook are not benign as they were last year…,” RBI governor Sanjay Malhotra said in a statement after…
AI startup Sarvam in talks for $300 million top-up; valuation may double to $3 billion
Homegrown artificial intelligence model startup Sarvam is in talks to raise another $250-300 million at a $3 billion valuation, according to people aware of these…
Eye on the price: Retail inflation at 5.54% in September, most on new base
New Delhi: India’s retail inflation climbed to 5.54% year-on-year in September, the highest for the gauge since January, raising the probability of further increase in…
Centre & states to draft rules for existing arrest cases under GST
New Delhi: The Centre will work with states to frame a standard operating procedure (SOP) for existing arrest cases and will conduct a quarterly review…
India draws $351 billion in Greenfield FDI, outpaces China
New Delhi: India attracted $351 billion in foreign direct investment (FDI) for greenfield projects during 2021-25, more than double that of China, according to the…
Wheat sowing faces heat from water shortage this winter
Pune: India’s wheat acreage could shrink by 5-10% this winter, as water shortage forces farmers to consider switching crops or leaving fields uncultivated, said executives…
Assocham seeks review of bidders’ qualificationfor transmission units
: New Delhi: Industry body Assocham has suggested strengthening the technical qualification requirements for companies bidding for transmission projects to ensure participation of experienced developers…
UK announces £1 billion in new commercial deals with India
New Delhi: Commerce and industry minister Piyush Goyal and UK secretary of state for business & trade Jonathan Reynolds co-chaired the Joint Economic and Trade…
Dating app Bumble in advanced talks to go private at $1 billion valuation, source says
Synopsis Shares of Bumble rose around 21% in afternoon trading. Reuters exclusively reported earlier this year that Bumble is exploring a sale amid slowing growth…
GST officers will soon be allowed to stop vehicles for inspection only at origin & destination states
Goods and Services Tax (GST) officers will be allowed to stop vehicles carrying high-value goods for inspection only at their origin and destination states after…