Wakefit reports Rs 23 crore net profit in Q1, revenue up 17%
Posted in Startups

Wakefit reports Rs 23 crore net profit in Q1, revenue up 17%

Mattress and furniture brand Wakefit reported operating revenue of Rs 405 crore in the April-June quarter of FY27, up 16.6% year-on-year (YoY) from Rs 347…

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SpaceX stock faces pressure as 911.5 million shares unlock. (REUTERS/Dado Ruvic/Illustration/File Photo) (REUTERS)
Posted in Business

SpaceX stock faces pressure as 911.5 million shares unlock after record IPO

More than 900 million SpaceX shares are set to become available for trading on Thursday. Up to 911.5 million shares will be unlocked, allowing some…

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Posted in Economy

Parl panel for early conclusion of India-US trade pact, tariff exemptions on key goods

New Delhi: India should conclude the proposed Bilateral Trade Agreement (BTA) with the US at the earliest while ensuring that its interests are adequately protected,…

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Governments look increasingly as if they are betting on economic growth to pay the bills—which today means a bet on ai. (REUTERS)
Posted in Business

Governments are making a dangerous bet on the AI boom

After a STEADY upward climb this year, 30-year bonds in America, France, Japan and Britain are all near their highest since the global financial crisis…

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Bitcoin and Ethereum prices rise as Hormuz talks continue and weak US jobs data supports risk assets. (Pexel/Representative image) (Pexel)
Posted in Business

Bitcoin price today: BTC, Ethereum firm as Hormuz talks continue; can Bitcoin rally in August?

Bitcoin and Ethereum prices opened higher on Thursday, August 6, as investors moved back toward riskier assets while negotiations linked to Iran and the Strait…

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Robotics startup Solinas Integrity bags $5.5 million from Hero Enterprise, Mela Ventures
Posted in Startups

Robotics startup Solinas Integrity bags $5.5 million from Hero Enterprise, Mela Ventures

Robotics startup Solinas Integrity has raised $5.5 million (around Rs 48 crore) in a round led by Hero Enterprise Partner Ventures and Mela Ventures, with…

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Fisdom founders to exit Groww after completing wealth business integration
Posted in Startups

Fisdom founders to exit Groww after completing wealth business integration

Fisdom cofounders Subramanya SV and Anand Dalmia will leave Groww after completing the integration of the wealth management platform, nearly a year after the listed…

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ETtech Explainer: Can premium beauty, quick commerce drive Nykaa's next phase of growth?
Posted in Startups

ETtech Explainer: Can premium beauty, quick commerce drive Nykaa’s next phase of growth?

Premium beauty products, in-house brands, and quick commerce are emerging as Nykaa’s key growth levers and margin drivers, as the beauty retailer doubles down on…

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Posted in Economy

India, Brazil must join hands to defend multilateralism amid tariffs: Brazilian Trade Minister Márcio Fernando Elias Rosa

New Delhi: India and Brazil must join hands to defend multilateralism and World Trade Organisation amid unilateral imposition of tariffs, Brazil’s Industry & Trade Minister…

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Posted in Economy

India-Israel investment agreement in force: Modi, Netanyahu discuss enhanced bilateral ties

Prime Minister Narendra Modi, in a telephone call with Israeli PM Benjamin Netanyahu, reviewed the sustained progress in India-Israel Special Strategic Partnership The telephonic conversation…

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