Snabbit raises $56 million in funding from Susquehanna, others; home cooks next on plans
Instant house help startup Snabbit has raised $56 million led by Susquehanna Venture Capital and Mirae Asset Venture Investments, which invested via its recently-launched Unicorn…
India’s heat wave creates new inflation risks after oil surge
India is facing inflation threats from heat waves and below normal rainfall this year, creating new economic pressures for policymakers already grappling with soaring energy…
Winds of change in Sun Pharma’s $11.75 billion Organon acquisition announcement
Sun Pharmaceutical Industries on Monday announced the $11.75 billion acquisition of Organon & Co., in a seemingly aggressive push into the US market that has…
Now, India pushes diesel, LPG blending plans
The government is taking decisive steps towards rolling out blended diesel and commercial liquefied petroleum gas, finalising a set of standards for such fuels to…
Stable India growth outlook masks hit to vast informal sector, say economists: Reuters poll
BENGALURU: India’s economic growth outlook is broadly unchanged despite the U.S.-Israeli war with Iran, according to a Reuters poll of economists who warned that data…
RBI finalises new risk weight norms
MUMBAI: The Reserve Bank of India (RBI) on Monday issued final directions on risk weights for retail, corporate and sovereign exposures, linking capital requirements more…
‘Trade deals with US, EU soon’: Piyush Goyal
New Delhi: After sealing a trade pact with New Zealand, India is likely to conclude two more agreements – with the European Union and the…
Expected credit loss rules: New provisioning framework to come into force in April 2027
KOLKATA/MUMBAI: The Reserve Bank of India (RBI) Monday said it would go ahead with the implementation of the expected credit loss (ECL) framework from April…
Leverage FTAs to widen market access: Piyush Goyal
New Delhi: Commerce and Industry Minister Piyush Goyal on Monday met exporters and industry bodies to discuss measures to increase the country’s shipments and better…
India growth to soften in near term, rebound later: Nomura
New Delhi: India’s economic growth is expected to slow in the first half of FY27 due to supply disruptions, despite resilient demand, before recovering later…