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Posted in Economy

Indian economy shows resilience amid global challenges: RBI report highlights domestic consumption revival

A revival in domestic consumption across markets helped the Indian economy withstand heightened global uncertainties and weak external demand, the Reserve Bank of India said…

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Posted in Economy

EU council announces new strategy to deepen political, economic & security ties with India

The European Union (EU) Council on Monday announced a new strategy to deepen political, economic, and security ties with India. This is a significant moment…

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Posted in Business

How to fund the data-center boom?

UDHAY MATHIALAGAN:  The amount of data that’s being used in the world is growing at such a fast rate that the pieces of infrastructure that…

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Shadowfax gets Sebi nod for Rs 2,500 crore IPO
Posted in Startups

Shadowfax gets Sebi nod for Rs 2,500 crore IPO

Hyperlocal logistics provider Shadowfax has received approval of markets regulator Securities and Exchange Board of India (Sebi) for its initial public offering. Documents on the…

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Posted in Economy

Indian economy not immune to global challenges, but resilient: RBI report

Flux in the global economy presents considerable challenges to the global macroeconomic outlook and the Indian economy is not immune, the central bank said in…

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Posted in Economy

India pushes to expand rupee settlement with key trade partners

India’s central bank is taking active steps to allow free-trade partners to settle transactions with it more easily in the rupee, a person familiar with…

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Bhavish Aggarwal, founder of Ola Group and chairman and managing director or Ola Electric. (Reuters)
Posted in Business

Ola Group witnesses second case of death by suicide within six months| Business News

Ola Group has witnessed by a second case of death by suicide in less than six months, this time involving its electric two-wheeler unit. Bhavish…

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EU-India trade talks seen boosting long-term investor confidence: EIB official

The European Investment Bank (EIB) has expressed strong confidence in India’s long-term growth story, saying ongoing trade talks with the European Union and New Delhi’s…

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Global services or features that rely on US-EAST-1 endpoints may be experiencing issues due to the AWS outage, Amazon says. (Reuters)
Posted in Business

Amazon identifies potential root cause for AWS outage, sees ‘some signs of recovery’| Business News

Amazon.com Inc. on Monday said it has identified the root cause for the AWS outage that’s “taken out half the internet”, and now seeing “significant…

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Amazon.com, Prime Video and Alexa were all facing issues due to the AWS outage, according to Downdetector. (Reuters)
Posted in Business

AWS outage takes down Snapchat, Robinhood, Paypal — full list of apps affected| Business News

Amazon.com Inc. on Monday said Amazon Web Services (AWS) was hit by an outage, disrupting scores of apps and websites using its cloud service network….

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