forex rules: Government notifies amended forex rules for startups
India has notified the amended Foreign Exchange Management Regulations 2024, to simplify authorised dealers to allow opening of foreign currency bank accounts of recognised start-ups….
Who is Santino Pietrosanti, creator of Jaguar’s ‘woke’ ad that has sparked major row
Santino Pietrosanti and Jaguar’s new ad featuring models (Picture credit: X) British vehicle company Jaguar‘s latest advertisement, “Copy Nothing,” has ignited a firestorm on social…
India will be cautious in its opening up till it’s an emerging economy: Piyush Goyal
NEW DELHI: Commerce and industry minister Piyush Goyal Thursday said that India will be cautious in its opening up process till the time it is…
Reddit down for thousands of users in US, second outage in 24 hours
Social platform Reddit was reportedly down for thousands of users in the United States on Thursday, according to outage tracking website Downdetector.com. Reddit logo is…
RBI committed to moderate inflation to mandated 4%, dashing hope of a rate cut
MUMBAI: Reserve Bank of India (RBI) Governor Shaktikanta Das Thursday said the central bank remains committed to realigning inflation with the legally mandated 4% goal…
Bitcoin nears $100,000 as traders continue to bet on Donald Trump’s return as US president
Bitcoin topped $98,000 for the first time on Thursday, continuing its momentum since the US presidential election results. The cryptocurrency’s value has rocketed more than…
Goldman Sachs forecasts shallow RBI rate cut starting March 2025, lowers India’s FY25 growth outlook to 6.4%
US investment bank Goldman Sachs has forecast that the Reserve Bank may go for only a shallow rate cut starting the March 2025 quarter and…
Staples, essentials show strong growth amid consumption slowdown, signalling potential recovery
Staples and essentials are largely bucking the consumption slowdown at mostly double digit volume sales growth, which industry executives said indicates consumers are not cutting…
indian economy: Price stability bedrock for sustained growth: RBI Guv Shaktikanta Das
Reserve Bank Governor Shaktikanta Das on Thursday said price stability acts as a bedrock for sustained growth, and the central bank’s endeavour is to bring…
RBI purchases $9.6 bn in September to curb rupee’s appreciation amid strong foreign investment inflows
Mumbai: The Reserve Bank of India net purchased $9.6 billion in September, its highest monthly purchase in six months, as the central bank absorbed dollar…