Magellanic Cloud forms Rs 100-crore JV with Rayonix Tech, Israel's Xtend to make drones in India
Posted in Startups

Magellanic Cloud forms Rs 100-crore JV with Rayonix Tech, Israel’s Xtend to make drones in India

Surveillance technology firm Magellanic Cloud has formed a joint venture, valued at around Rs 100 crore, with indigenous defence technology firm Rayonix Tech to manufacture…

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Blocking of Meta's AI startup buy raises risk for cross-border China tech deals
Posted in Startups

Blocking of Meta’s AI startup buy raises risk for cross-border China tech deals

China‘s blocking of Meta‘s acquisition of AI startup Manus will heighten the risk for global investors looking to invest in advanced tech firms with ties…

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Sandeep Jethwani (R) is the co-founder of wealth management firm Dezerv
Posted in Business

‘You’ll need ₹40 crore to retire in India’: Founder’s advice shocks internet

Sandeep Jethwani, co-founder of wealth management firm Dezerv, has offered a sobering take on how much a person needs to retire comfortably in an Indian…

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Go Digit Q4 net profit rises 28% YoY to Rs 149 crore
Posted in Startups

Go Digit Q4 net profit rises 28% YoY to Rs 149 crore

New-age insurance startup Go Digit General Insurance recorded a gross written premium of Rs 2,736 crore, up 6.2% from Rs 2,576 crore a year ago,…

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Founders invest Rs 40 crore in Kissht at a premium days before IPO
Posted in Startups

Founders invest Rs 40 crore in Kissht at a premium days before IPO

The founders of digital lending startup Kissht, Ranvir Singh and Krishnan Vishwanathan, have together invested Rs 40 crore in the company ahead of its planned…

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Posted in Economy

India’s farm output hits record 357 million tonnes in 2024-25: J&K Lieutenant Governor

Jammu: India is leading the fight against climate challenges, with the country’s agriculture production touching 357 million tonnes in 2024-25, up 25 million tonnes from…

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Posted in Economy

Industrial growth dips to five-month low of 4.1% in March

India’s industrial output growth slowed to a five-month low of 4.1% year-on-year in March from 5.1% in February, dragged by weaker electricity and manufacturing, official…

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Posted in Economy

Affluent India shifts to experience-led spending, travel accounts for 58% of discretionary wallet: Report

India’s affluent consumers are increasingly shifting towards experience-led spending, with travel emerging as the dominant category accounting for 58 per cent of discretionary expenditure among…

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Bengaluru leads Delhi, Mumbai in startup deals, investments: CM Siddaramaiah
Posted in Startups

Bengaluru leads Delhi, Mumbai in startup deals, investments: CM Siddaramaiah

Bengaluru continues to lead India’s startup ecosystem with 89 deals worth $823 million signed in the January-March quarter of 2026, well ahead of Delhi and…

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Posted in Economy

India allows 25 lakh tonnes additional wheat exports, total reaches 50 lakh tonnes

New Delhi: The Commerce Ministry‘s arm DGFT has notified the government’s decision to permit 25 lakh tonnes of wheat exports. On April 20, the Centre…

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