Karnataka eyes larger role in commercial space economy; plans common testing facility
IT/BT Minister Priyank Kharge on Thursday said SpaceTech would be a key pillar of Karnataka’s deeptech ambitions under its “DeepTech Decade” vision, as the government…
India’s new safe harbour rules create fresh tax dilemma for multinationals, GCCs
Mumbai: Transfer pricing is back as an agenda item for multinationals as global capability centres (GCCs), technology captives and IT/ITeS arms re-examine long-settled transfer-pricing strategies…
MoSPI asks states to shift GSDP base year to 2022-23 for better economic data accuracy
New Delhi: The ministry of statistics and programme implementation (MoSPI) on Thursday released guidelines for compiling gross state domestic product (GSDP) with base year 2022-23,…
MSME min scheme created 36 L jobs during FY22-26
The Prime Minister’s Employment Generation Programme (PMEGP) of the ministry of micro, small and medium enterprises (MSME) generated employment for 36.33 lakh people and helped…
India’s 6.6% growth “very good record” amid global turmoil: Amitabh Kant
Despite a global backdrop of “extraordinary” challenges, including active warfare, broken supply chains, and rising protectionism, India’s 6.6% GDP growth cements its status as the…
CPSEs capex surges 63% in April, kick off FY27 on strong note
New Delhi: Capital expenditure by large public sector enterprises (CPSEs) and four key government entities surged 63% from a year earlier in April to Rs…
Ola Consumer’s FY25 revenue drops 42%, losses widen, as company begins prep for IPO
Ola Consumer, formerly known as Ola Cabs, is preparing for an initial public offering (IPO) even as its financials paint a grim picture, with revenue…
India-EU FTA to cover one-third of global trade, impacts 2 billion people: Commerce Ministry
New Delhi: The India-European Union Free Trade Agreement (FTA) will cover nearly one-third of global trade and touch around 2 billion people, making it one…
India-EU FTA will be a win-win for both sides, looking forward to its ratification: Airbus India MD
Airbus India Managing Director and President Jurgen Westermeier on Thursday said the India-European Union Free Trade Agreement (FTA) will be a “win-win” for both sides…
Digital banking platform Freo acquires credit marketplace IndiaLends
Bengaluru-based digital banking platform Freo has acquired the credit marketplace IndiaLends. The platform will operate as a different entity under Freo. The acquisition amount was…