Business
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36 Indian startups secure massive USD 628 mn in funding this week, a 174 pc surge
New Delhi: The Indian startup ecosystem saw massive funding flow this week at more than $628.24 million raised by 36 startups — a whopping 174.5 per cent surge from last week. The…
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Vodafone Idea finalises USD 3.6 bn deal with global partners to boost India footprint
New Delhi: Telecom operator Vodafone Idea on Sunday said it has concluded a $3.6 billion deal with Nokia, Ericsson and Samsung for supply of network equipment over a period of three years…
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Investors prefer regular hefty returns, tax benefits post Covid: Report
New Delhi: Degree of returns, regularity of returns, and tax benefits are the significant factors influencing post-Covid investment decisions, according to a report on Monday. The report, jointly made by the PHD…
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GST 2.0 will further ease tax compliances and boost economic growth
New Delhi: Goods and Services Tax (GST) is one of the major economic reforms in the last decade in India which replaced the Value Added Tax (VAT) system. It paved the way…
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SpiceJet raises Rs 3000 cr from institutional investors
New Delhi: SpiceJet has raised Rs 3,000 crore through sale of shares to qualified institutional buyers, providing a much-needed tailwind for the struggling airline. Foreign entities, including Societe Generale – ODI, Goldman…
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Sensex trades higher on positive global cues
Mumbai: Indian equity indices opened in green on Friday following positive cues from Asian and US markets. At 9.46 a.m., Sensex was up 82 points or 0.10 per cent at 83,267 and…
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India’s coal mining methane emissions could more than double by 2029: Report
New Delhi: India’s annual methane emissions from coal mining could more than double by 2029 compared to 2019 as the country seeks to increase coal production to meet its growing energy demand,…
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Telangana govt to establish MSME Park between ORR and RRR for women-led enterprises
Hyderabad: With a view to encourage women entrepreneurs in the establishment of micro, medium and small enterprises (MSME) in the state, the Telangana government is planning to establish an MSME industrial park…
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Sensex trades flat ahead of US Fed meeting
Mumbai: India equity indices opened flat on Wednesday following a mixed trend in global markets ahead of the US Federal Reserve monetary policy decision later in the day. At 9.42 a.m., Sensex…
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India sees 5.35% growth in exports at $328.86 billion in April-August
New Delhi: India’s total exports during the April-August period are estimated at $328.86 billion, registering a positive growth of 5.35 per cent, data by the Ministry of Commerce and Industry showed on…
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Markets decline in early trade on profit-taking after record rally
Mumbai: Benchmark equity indices declined in early trade on Tuesday after surging to record high levels in the previous trading session, amid profit-taking and sluggish trends from the global markets. The 30-share…
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India’s audio devices market boom, small towns lead robust growth
New Delhi: With rising disposable incomes, availability of affordable device options, a growing Gen Z population and the expanding digital content consumption, India’s audio devices market is experiencing remarkable growth, according to…
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India aims to increase operational airports to 400 by 2047: Centre
New Delhi: The number of operational airports in the country has doubled from 74 in 2014 to 157 in 2024 and the aim is to increase this figure to 350-400 by 2047,…
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RBI’s forex reserves set to cross $700 bn sooner than expected in FY25
New Delhi: Despite global economic headwinds and deepening geopolitical uncertainties, the forex reserves are at record all-time high levels and are set to cross $700 billion in FY25 sooner than expected. According…
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Onion prices drop in major cities after retail selling at subsidisedrate: Centre
New Delhi: The government on Saturday announced that its retail sale initiative of onions at a subsidised rate has resulted in a significant drop in the price of the staple food item…
