FEMA rules revision: Exporters flag at least half-a-dozen worries
India’s export industry has sought changes to the revised Foreign Exchange Management Act (FEMA) regulations scheduled to take effect later this year, flagging multiple operational…
MSMEs and GST@9: Journey so far and next phase of reforms
Micro, Small and Medium Enterprises (MSMEs) are essential to India’s economic growth, employment generation and to offer larger industries, the access to cost-effective solutions. Once…
Startup seed rounds double as VCs turn more selective
India’s seed-and early-stage startups are raising almost twice as much per round as they did a year ago, with venture firms frontloading capital for more…
India initiates anti-dumping investigation into steel imports from China, Japan, Russia
New Delhi: India has initiated an anti-dumping probe against cheap imports of certain hot rolled steel goods from China, Japan and Russia, following an application…
El Nino may force India to boost rice-based ethanol output for E20 goal
Pune: India may have to increase the output of rice-based ethanol in the 2026-27 ethanol year (November-October) to meet E20 blending requirements, as the El…
Goldman Sachs raises India FY27 growth forecast to 6.5%
New Delhi: Goldman Sachs on Friday raised India’s FY27 growth forecast by 0.4 percentage points to 6.5% year-on-year, citing lower oil prices and easing supply…
Centre plans Rs 12,000 crore incentive scheme to spur private electric bus adoption
New Delhi: The Centre is drawing up a scheme that could offer interest subvention, partial credit guarantees and capital subsidies to support electric bus purchases…
India and Switzerland step up innovation partnership with focus on startups, research
Zurich: India and Switzerland are intensifying cooperation in science and technology with the former’s scale complementing the latter’s innovation to create solutions for citizens and…
Cabinet Secretariat cracks down on red tape, orders faster clearances for Centre’s key projects
New Delhi: The Cabinet Secretariat has sent out a series of directives over the last two months to all state governments and union ministries making…
ETtech Deals Digest: Cred’s mega round lifts startup funding to $1.09 billion this week, up 290% on-year
Indian startups closed financing worth $1.09 billion across 14 rounds during the week ended June 26, led by fintech firm Cred’s $900 million financing. This…