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Posted in Economy

RBI relaxes rules on current, CC and OD accounts; threshold raised to ₹10 crore

Kolkata: The Reserve Bank of India has eased rules for opening and operating current, cash credit and overdraft accounts removing several restrictions. The central bank…

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AI startup Serval valued at $1 billion after Sequoia-led round to expand IT automation
Posted in Startups

AI startup Serval valued at $1 billion after Sequoia-led round to expand IT automation

AI-powered IT support startup Serval has raised $75 million in a Series B funding round led by Sequoia, achieving a $1 billion valuation just three…

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Disney will become a major customer of OpenAI, using its tools to build new products and experiences and deploying ChatGPT for its employees. (AFP)
Posted in Business

Disney invests $1 billion in OpenAI, strikes licensing deal| Business News

Walt Disney Co. agreed to invest $1 billion in OpenAI and license iconic characters like Mickey Mouse and Cinderella to Sora, OpenAI’s short-form, artificial intelligence…

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'Never negotiate with deadlines as you can make mistakes': Piyush Goyal on India-US trade talks
Posted in Economy

‘Never negotiate with deadlines as you can make mistakes’: Piyush Goyal on India-US trade talks

Union Minister Piyush Goyal, while commenting on US deputy trade representative Rick Switzer’s India visit, on Thursday said that the trade talks between the two…

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Posted in Economy

Oman’s lower house approves trade pact with India; Union cabinet may take up on Fri

With Oman’s lower house, the Shura Council, approving the free trade agreement with India, the Union Cabinet is expected to take up the pact for…

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Posted in Economy

Piyush Goyal confident of overcoming issues to finalise free trade pact with EU

Mumbai: Union Commerce Minister Piyush Goyal on Thursday exuded confidence in overcoming issues to finalise a freed trade agreement with the European Union. Without sharing…

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The Prime Minister is expected to embark on a three-nation visit that may cover Oman, Jordan and Ethiopia on December 15-18 (File Photo)
Posted in Business

Cabinet may clear India-Oman free trade pact this week| Business News

NEW DELHI: The Union Cabinet on Friday may consider the draft proposal of the India-Oman free trade agreement, and is likely to approve the deal before Prime…

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Jaipur: Union Minister Piyush Goyal (PTI)
Posted in Business

Piyush Goyal sees ‘early conclusion’ for India-EU FTA talks| Business News

NEW DELHI: Union commerce minister Piyush Goyal on Wednesday expressed hope about the possibility of “an early conclusion” of India-EU free trade negotiations, and said talks on…

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Posted in Economy

India secures $135 billion in FDI commitments in 2025 amid global investment surge

India is witnessing an unprecedented surge in foreign direct investment commitments in 2025, with global corporations, from technology titans to semiconductor makers, automobile firms, financial…

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P2P lending platform LenDenClub's parent plans IPO, CEO says
Posted in Startups

P2P lending platform LenDenClub’s parent plans IPO, CEO says

Vartis Platforms, operator of the country’s largest peer-to-peer lending marketplace LenDenClub, is preparing for an initial public offering within 18 to 36 months, chief executive…

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