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Posted in Economy

India frees up visas for Chinese professionals in key step to boost ties

India has cut red tape to speed business visas for Chinese professionals, two officials said, a major step to boost ties between the Asian giants…

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Škoda Auto Volkswagen India Pvt. Ltd., a wholly owned subsidiary of Germany's Volkswagen Group, accounts for nearly 50% of India's total car shipments to Mexico. (Reuters)
Posted in Business

Mexico tariff on India is set to hit $1-billion car exports, VW seen most exposed| Business News

Mexico’s decision to raise tariffs on India is set to impact $1 billion car exports from the world’s third largest car market, including those by…

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When your short-term finances are organised, the rest of your financial life becomes far more manageable. (Jiraaf)
Posted in Business

Short-term first, long-term next — The smarter money strategy| Business News

For years, personal finance conversations in India have focused on long-term wealth building. But the truth is simple: long-term investing only works when your short-term…

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The rupee weakened to 90.5175 against the US dollar, slipping past its previous all-time low of 90.4675 hit on December 11. (Reuters)
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Rupee slips to new record low of 90.56/dollar as India-US trade talks drag on| Business News

The Indian Rupee declined to a record low on Friday, as investor sentiment on the currency remained bogged down by the absence of an India-US…

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Nimesh Shah, MD & CEO of ICICI Prudential AMC, during a press conference in Mumbai. (ANI)
Posted in Business

ICICI Prudential AMC IPO opens today for listing as India’s second largest mutual fund| Business News

The $1.2-billion ICICI Prudential AMC IPO is set to open for subscription today, paving the way for a listing that can make it the country’s…

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Fintech Wealthfront prices US IPO at $14 apiece, raises $486 million
Posted in Startups

Fintech Wealthfront prices US IPO at $14 apiece, raises $486 million

Automated digital wealth management firm Wealthfront said on Thursday that it has raised $486 million in its initial public offering (IPO), capping a strong year…

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Copyright Act may be updated for AI royalty

The government may consider amending the Copyright Act based on public feedback to enable the artificial intelligence (AI) royalty payment framework, officials said. “We will…

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US should sign trade deal if happy with offer: Piyush Goyal

The US should sign the trade agreement with India if Washington is happy with what has been offered by New Delhi, commerce and industry minister…

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Niti Aayog pushes for policy push, tax sops to take corporate bond mkt to Rs 120 lakh crore

The Niti Aayog suggested a slew of policy and regulatory interventions including tax concessions, such as creating a special window or extending benefits under 80C…

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With low inflation, GST cuts, easing rates, economists expect consumption to stay strong next year as well

In what would be music to India Inc’s ears, consumption momentum is expected to stay strong in the coming year, backed by low inflation, the…

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