iPhone boom powers India’s electronics exports to record highs, set to overtake petroleum
New Delhi: Electronics exports could rise to take the place of petroleum products as the second-most shipped category, as the US dissuades Indian refiners from…
Accel, Prosus team up for early-stage investments in India
Dutch technology investor Prosus and US-based venture capital firm Accel have entered into a partnership to co-invest in early-stage Indian startups across areas such as…
MGNREGS may not need more funds this fiscal
The government may not need to allocate more funds for the rural employment guarantee scheme when it seeks parliamentary approval for supplementary demands for grants…
Global central banks cut US T-bill exposure, increase gold reserves
Mumbai: Most countries with top gold reserves have reduced their dollar assets held in US Treasury bills since 2017, the first time Donald Trump took…
Skill financing scheme, Pradhan Mantri Kaushal Mudra Yojana, likely to be unveiled in Budget
New Delhi: India is firming up a new scheme-Pradhan Mantri Kaushal Mudra Yojana (PMKMY)- to fund skilling of the country’s growing workforce, marking a major…
German foreign minister to meet Piyush Goyal, NATO’s Rutte after postponing China trip
BERLIN: German Foreign Minister Johann Wadephul will meet NATO‘s Secretary General Mark Rutte, Indian Trade Minister Piyush Goyal and other senior policymakers during a trip…
Lenskart turns around, posts net profit of Rs 62 crore in Q1 FY26
IPO-bound eyewear retailer Lenskart posted a net profit of Rs 62 crore during the April-June quarter of 2025, compared to a loss of Rs 11…
Domestic consumption expected to cushion India’s growth slowdown in H2: SBICAPS
India’s economic growth in the second half of the current financial year is expected to remain steady, with strong domestic consumption likely to cushion the…
Lenskart investors may see 5-17X gains as the firm targets Rs 70,000 crore IPO valuation
With an expected IPO valuation of Rs 70,000 crore (around $8 billion), Lenskart’s investors have reason to see the world through rose-tinted glasses. The eyewear…
Maritime sector drives India’s economic surge as 95% of trade moves through sea routes
Nearly 95 per cent of India‘s trade by volume and about 70 per cent by value moves through maritime routes, underlining the sector’s centrality to…