IMF pushes for more reforms as India’s growth stays strong
New Delhi: The International Monetary Fund (IMF) called for structural reforms to support India‘s economic development, encouraging the government to build human capital, boost female…
RBI takes practical stance on family trusts and investment cos
Mumbai: A receptive regulator is making it easier for business families to house their wealth and assets in private trusts. The Reserve Bank of India…
Delhi restaurateur alleges bias in Zomato’s rider allocation system; Zomato CEO responds
Food delivery platform Zomato has been accused of “system-level bias” by a Delhi-based restaurateur, who claimed that the company manipulated rider allocation on its app….
Govt may give 2.5-3 pc subsidy benefits under Interest Equalisation Scheme for exporters
The government is likely to provide subsidy benefits in the range of 2.5-3 per cent under the Interest Equalisation Scheme to exporters in certain sectors…
Volatile nature of food prices pose challenges to inflation forecasting, says RBI’s Poonam Gupta
Kolkata: Reserve Bank of India deputy governor Poonam Gupta on Wednesday said that the high weightage of food in the Consumer Price Index and the…
IMF says India’s economy will stay robust despite external headwinds as inflation remains “well contained”
The International Monetary Fund (IMF) on Wednesday expressed confidence in India’s economic outlook, stating that growth will remain solid even with external uncertainties. According to…
Indian mobile trading apps among the world’s most downloaded: Sensor Tower
With mobile trading gaining momentum, apps such as Groww, Angel One, Jar, and Upstox are among the world’s most downloaded investment platforms thus far in…
Cabinet approves rare earth permanent magnet scheme; Rs 9,857.85 crore Pune metro expansion gets cabinet nod
The Union Cabinet approved a Rs 7,280 crore rare earth permanent magnet scheme, two railway multi-tracking projects, and expansion of the Pune metro. Announcing the…
India-Russia annual summit could boost mutual recognition of national card systems
India-Russia cross-border payment system that would smoothen travel of individuals and businesses from both sides in each other’s country can get a boost at next…
Petcare startup Supertails in talks to raise $15-20 million, led by Venturi Partners
Petcare startup Supertails is in talks to raise $15-20 million in a round led by Singapore-based consumer focussed investment firm Venturi Partners, people familiar with…