Tag: india

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Posted in Economy

India’s direct tax body notifies Cost Inflation Index for this fiscal year

India‘s direct tax body has notified the Cost Inflation Index (CII), a tool to measure the rise in cost due to inflation, for fiscal year…

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UK-India trade pact ‘gold standard’ and powerful message for rules-based order: UK envoy Lindy Cameron

New Delhi: The UK-India free trade agreement that took effect on Wednesday sets a “new gold standard” for global trade deals as it delivers sweeping…

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India-UK FTA comes into force: Industry hails ‘landmark moment’ for bilateral trade

Business and industry groups across India and the UK welcomed the free trade agreement (FTA) coming into force on Wednesday, which is set to unleash…

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Elevation Capital closes $500 million India fund; to back startups building on AI’s app layer
Posted in Startups

Elevation Capital closes $500 million India fund; to back startups building on AI’s app layer

Paytm and Swiggy investor Elevation Capital has raised a $500 million fund to back early-stage startups, betting that the next generation of AI-led companies will…

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India’s June retail inflation quickens to 4.38%, crosses RBI’s 4% target after 17 months

India‘s retail inflation accelerated to 4.38% in June as elevated food and fuel prices, geopolitical tensions in West Asia and concerns over an uneven monsoon…

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Private capital should play a much larger role in India’s infrastructure development: Rajkiran Rai, MD & CEO, NaBFID

India’s infrastructure push will require not only long-term financing but also a bigger pool of companies capable of executing large-scale projects, Rajkiran Rai, managing director…

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India’s forex reserves rise $7.26 billion to $674.19 billion in week ended July 3

India’s foreign exchange reserves increased by $7.26 billion to $674.19 billion in the week ended July 3, 2026, according to data released by the Reserve…

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India, Afghanistan discuss trade, agri & connectivity

New Delhi: Coinciding with the visit of Afghanistan’s Agriculture Minister, India and Afghanistan on Thursday held a Joint Committee Meeting led by their foreign ministries…

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ADB cuts India’s FY27 GDP growth aim to 6.6% on higher energy prices

The Asian Development Bank (ADB) on Thursday lowered India’s GDP growth forecast for FY27 to 6.6% from the 6.9% projected in April, saying elevated energy…

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India silver import curbs create shortages, push premiums to six-month high

MUMBAI, – India‘s restrictions on silver imports have created shortages in the world’s biggest market for the precious metal, pushing premiums to their highest levels…

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