Zepto said to face sharply lower valuation for IPO
Indian fast-delivery company Zepto Ltd. is seeking a valuation in an initial public offering sharply below its $7 billion peak as concerns over cash burn…
LPG subsidy bill may top Rs 1 lakh crore in FY27, create Rs 70,000 cr gap over Budget allocation
New Delhi: The government’s LPG subsidy bill could cross Rs 1 lakh crore in FY27, creating a gap of around Rs 70,000 crore over the…
DS Group launches nano-fibre protection initiative for women farmers in Uttar Pradesh
Consumer goods maker and retailer DS Group has launched a new awareness and safety initiative for women farmers in Uttar Pradesh, introducing nano-fibre-based protective filters…
Skyroot to launch India’s first privately developed orbital rocket tomorrow: 10 things to know
Skyroot Aerospace will create history on July 18 if it successfully places a payload into orbit using a launch vehicle designed and developed in-house, becoming…
Peak XV leads Rs 350 crore funding round in wealth manager Neo Group
Wealth and asset management firm Neo Group has signed definitive agreements to raise about Rs 350 crore ($36.3 million) in a funding round led by…
Indian state-run banks estimate $30 bln flow from overseas deposit scheme, sources say
MUMBAI: Indian state-run lenders have told senior government officials they expect to raise nearly $30 billion through the central bank’s subsidised dollar deposit window, five…
US Senate bill seeks 100% tariffs on India, 4 other nations for buying Russian oil
A bill seeking to impose 100 per cent tariffs on five countries, including India and China, for buying Russian oil, while exempting European nations purchasing…
US less reliable? India may need to open the door wider to the Dragon
India should reconsider its economic approach towards China and allow more Chinese investment into its manufacturing sector as changing global trade dynamics make the US…
Iran war and monsoons key risk for Indian economy, says RBI Governor Sanjay Malhotra
India’s inflation remains elevated, with ongoing tensions in the Middle East and prospects of a weak monsoon season seen as key risks for the economy,…
India to launch headline Index of Services Production within months
India plans to roll out a headline Index of Services Production within months, the country’s statistics secretary said, giving investors a single monthly gauge of…