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Posted in Economy

India amends FDI rules to boost e-commerce for small businesses, artisans, farmers, and fishermen: Union Minister Piyush Goyal

Union Commerce and Industry Minister Piyush Goyal said on Friday that India has amended its foreign direct investment (FDI) regulations to facilitate large-scale e-commerce trade…

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ETtech Deals Digest: River, Sarvam rounds lift startup funding to $314 million this week
Posted in Startups

ETtech Deals Digest: River, Sarvam rounds lift startup funding to $314 million this week

Indian startups raised $314 million across 23 rounds during the week ended August 7, led by electric two-wheeler maker River Mobility and artificial intelligence startup…

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India’s import dependence continues to be shaped by economic growth, manufacturing base: Govt to Parl

India’s import dependence continues to be shaped by the country’s rapid economic growth, industrialization, urbanization, expanding manufacturing base, and deeper integration with global value chains,…

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Ola Electric loss narrows to Rs 336 crore, revenue down 45%
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Ola Electric loss narrows to Rs 336 crore, revenue down 45%

Electric two-wheeler maker Ola Electric reported a narrower net loss of Rs 336 crore in the June quarter, from Rs 428 crore a year ago,…

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Onion, chicken prices make home-cooked meals costlier in July: Report

The cost of preparing a home-cooked vegetarian thali rose 4% year-on-year in July, while a non-vegetarian thali became 9% more expensive, driven by higher prices…

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India, Russia discuss Vande Bharat, SJ-100 aircraft, UAVs to deepen industrial ties

India and Russia on Friday reviewed progress in their industrial cooperation and explored expanding collaboration in sectors ranging from railway infrastructure and aerospace to critical…

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More exporters leveraging benefits of free trade pacts: Govt

New Delhi: Issuance of certificates of origin, a key document to avail free trade agreement benefits, has more than doubled from 3.6 lakh in 2021-22…

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India’s forex reserves jump $10.5 billion to over two-month high of $692.87 billion as of July 31

India’s foreign exchange reserves surged by $10.51 billion to $692.87 billion in the week ended July 31, pushing the country’s reserves to their highest level…

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Elon Musk (AP)
Posted in Business

Investors have fresh doubts about Elon Musk’s grandiose ambitions

ON AUGUST 5TH SpaceX may have at last achieved Elon Musk’s goal of reaching the Moon—by accident. The upper stage of a Falcon 9 rocket,…

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EXIM Bank to be implementing agency for interest subvention support for exporters: DGFT

New Delhi: The commerce ministry on Friday said the EXIM Bank will be the implementing agency for interest subvention support for pre- and post-shipment export…

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