RBI may stay nimble on rates as growth is seen slowing to 6.6%: Report
New Delhi: Reserve Bank of India’s (RBI) may remain flexible on policy rates in the next Monetary Policy Committee (MPC) meet as growth is expected…
Global energy, weather risks threaten further easing in wholesale inflation: Economists
New Delhi: Wholesale inflation in the country is likely to remain elevated despite a marginal easing in July, with global energy prices, geopolitical uncertainty and…
US says India, 40 others enabling Chinese goods to bypass tariffs
New Delhi: The US has named India, along with 40 others, of being part of a “shadow trans-shipment network” that allegedly allows Chinese goods to…
India’s April-June balance of payments records $8.1 billion deficit, June turns surplus
BENGALURU: India’s balance of payments recorded a deficit of $8.1 billion in the April-June quarter, compared with a surplus of $4.5 billion a year earlier,…
Voltas, Atomberg Innovation plan 50:50 venture to manufacture AC compressors
Tata group firm Voltas and Atomberg Technologies’ engineering arm plan to set up a 50:50 joint venture to develop and manufacture room air conditioner (AC)…
Redcliffe Labs, Skyroot Aerospace to test diagnostic reagents in orbit
Y Combinator backed diagnostic chain Redcliffe Labs and spacetech startup Skyroot Aerospace have partnered to send reagents into low Earth orbit (LEO) to study how…
Pernia’s Pop-Up Shop likely to launch Rs 660 crore IPO by August-end
Purple Style Labs, the parent company of Pernia’s Pop-Up Shop, is likely to launch its Rs 660 crore initial public offering (IPO) by the end…
RBI shortens FCNR (B) deposit swap window to Aug 31
Reserve Bank of India (RBI) has shortened the swap facility window for foreign currency non-resident (bank) or FCNR (B) deposits by a month to August…
PhysicsWallah Q1 loss narrows 31%; edtech to transfer FinZ loan book
Edtech firm PhysicsWallah’s consolidated net loss narrowed 31% to Rs 88.3 crore in the April-June quarter from Rs 127 crore, as operating revenue increased 24%…
India-Japan stakeholder meet held to strengthen skilling, workforce mobility pathways
New Delhi: The India-Japan Stakeholder Consultation on Skill Development held here on Friday discussed ways to strengthen cooperation on skill development and workforce mobility between…