Urban Company IPO closes with 104x subscription
The initial public offering (IPO) of at-home services platform Urban Company closed on a strong note Friday, with bids coming in at 103.6 times the…
India’s forex reserves up by $4.03 billion to $698.26 billion in week ending Sept 5
India’s forex reserves were up by $4.03 billion to $698.2 6billion in week ending September 5, according to the data released by the Reserve Bank…
CAI estimates cotton output at 312.40 lakh bales in 2024-25 season
Cotton output is estimated to decline at 312.40 lakh bales in 2024-25 season ending September 30, following lower yield in most cotton growing regions in…
Govt announces annual licensing policy for opium poppy cultivation for 2025-26 crop year
The government on Friday announced the annual licensing policy for the 2025-26 crop year for opium poppy cultivation in Madhya Pradesh, Rajasthan and Uttar Pradesh….
AI will bring revolution in agriculture, make farmers’ conditions better: Nitin Gadkari
Union minister Nitin Gadkari said on Friday he believes that artificial intelligence (AI) will usher in a revolution in the agriculture sector and help improve…
Retail inflation quickens to 2.07% in Aug from 1.55% in July
India’s retail inflation quickened to 2.07% in August from an eight-year low of 1.55% in July, driven by fading impact of high base effects, according…
British Parliament panel opens inquiry into impact of India-UK FTA
The House of Lords International Agreements Committee has opened an inquiry this week into the impacts and implications of the UK-India Free Trade Agreement (FTA),…
India poised to export sugar in new season due to ample stocks
India, the world’s second biggest sugar producer, will have sufficient surplus stocks of the commodity to allow exports in the season beginning October 1, a…
Tax clarity, global competitiveness: How GST 2.0 delivers for exporters
The Goods and Services Tax (“GST”) has remained a cornerstone of India’s economic reform agenda, progressively evolving to balance the twin imperatives of revenue stability…
Databricks AI chief to exit, launch a new computer startup
Naveen Rao, the head of artificial intelligence at the $100 billion startup Databricks Inc., is planning to leave his position to launch a new venture…