22 Indian startups secure over $116 million in funding this week
New Delhi, July 13 - The funding momentum continued in the Indian startup ecosystem this week as 22 startups raised nearly $116.26 million, led by four growth-stage transactions.
Robust sovereign credit rating agencies need of the hour: Amitabh Kant
New Delhi, July 13 - As India embarks on its journey to become 'Viksit Bharat' by 2047, it's important that we have appropriate credit ratings and call out global agencies for biases and lack of transparency for not objectively assessing India’s strong economic
Centre fixes meeting with states to boost maritime, waterways transport
New Delhi, July 13, - The Ministry of Ports, Shipping, and Waterways will convene the State Maritime & Waterways Transport Committees’ meeting on Tuesday to hold discussions for the comprehensive development of maritime and waterways transport across India and expanding its reach to
India has potential to become world’s 2nd largest economy by 2031: RBI Dy Governor
Mumbai, July 13 - Given the country’s innate strengths, it is possible to imagine India striking out into the next decade to become the second largest economy in the world not by 2048, but by 2031, and the largest economy of the world
Direct tax collections surge 19.5 pc to Rs 5.74 lakh crore in 2024-25 so far
New Delhi, July 13 - The country’s nets direct tax collection posted a robust 19.5 per cent growth to Rs 5.74 lakh as on till July 11 of the current financial year (2024-25) compared to the same period of the previous year, according
Human-centric, responsible mobile AI is the future: Experts
Paris, July 13 - Human-centric mobile artificial intelligent is (AI) is the future and open collaboration among the industry and a distinct approach to hybrid AI is the only way to achieve the best possible mobile AI experience for users, experts said here
Zoho opens first factory to assemble Karuvi power tools in rural India: CEO
New Delhi, July 13 - Sridhar Vembu, CEO and Co-founder of Cloud software major Zoho, on Saturday said the company has opened its first dedicated factory to assemble the Karuvi line of power tools.
B’desh explores possibility of handling EXIM cargo via Kolkata
Kolkata, July 12 - A 13-member delegation from Bangladesh completed a four-day tour of the Syama Prasad Mookerjee Port (SMP) in Kolkata on Friday.
Working to make India’s bid to host 2036 summer Olympics successful: Sports Secy
New Delhi, July 12 - India is working to make its bid to host the 2036 Olympics successful, Union Sports Secretary Sujata Chaturvedi said on Friday.
Union Budget: Nithin Kamath on how India can create more startup entrepreneurs
New Delhi, July 12 - As the Union Budget 2024-2025 approaches, Zerodha Co-founder and CEO Nithin Kamath on Friday shared his thoughts on how the country can create more entrepreneurs from small towns and villages by making startup investing mainstream.
Centre launches Rs 750 crore fund for tech startups to boost agriculture
Mumbai, July 12 - The Ministry of Agriculture and Farmers’ Welfare in collaboration with the National Bank for Agriculture and Rural Development (NABARD) on Friday launched a Rs 750 crore ‘Agri Sure’ fund for startups to promote investment in innovative, technology-driven and high-impact
India shows remarkable resilience amid global challenges: Industry
New Delhi, July 13 - India has shown remarkable resilience amid global challenges by continuously moving on a high growth trajectory on the back of prudent policy measures and vigilant monetary policy stance, industry experts said on Saturday.
Food prices set to cool off in coming months as monsoon progresses: Experts
New Delhi, July 13 - The food prices are projected to cool off in the coming months and the inflation trajectory to soften and stabilise between 4 and 4.5 per cent, industry experts have said.
Indian Railways adds 92 general coaches in 46 trains to ‘benefit’ common man
New Delhi, July 12 - In order to provide “convenience” to the general category passengers, Indian Railways has expanded the number of coaches in 46 important long-distance trains, by installing 92 new general category coaches in them, the Ministry of Railways said on
India’s forex reserves surge to lifetime high of $657.2 billion
Mumbai, July 12 - India’s foreign exchange reserves jumped by $5.16 billion to scale a lifetime high of $657.16 billion during the week ended July 5, according to RBI data released on Friday.
India’s score on SDG index shoots up as poverty level dips, economy grows
New Delhi, July 12 - India's overall Sustainable Development Goal (SDG) score has shot up to 71 in 2023-24, compared to 66 in 2020-21 on the back of significant progress on eliminating poverty, providing decent work, economic growth, climate action and life on
Vizhinjam Port to help put India on top of global maritime map: Sarbananda Sonowal
Kolkata, July 12 - Congratulating the Adani Group for their commitment and perseverance for developing a world-class port in Kerala, Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, said that the performance of Vizhinjam Port will set a new benchmark, helping position
Estate & Gift Planning
By YBB Personal Finance We hear horror stories of celebrities & billionaires dying INTESTATE (notable examples include Prince, Howard Hughes, etc) & it’s not because they lack access to financial planning. When a person dies intestate, i.e. without a Will or Trust, his/her
HCLTech logs over 20 pc net income growth at Rs 4,257 crore in Q1 FY25
New Delhi, July 12 - Global technology company HCLTech on Friday reported Rs 28,057 crore in revenue for the April-June quarter (Q1 FY25), down 1.6 per cent (on-quarter) but up 6.7 per cent (year-on-year), with net income at Rs 4,257 crore -- up
India’s industrial production posts 5.9 pc growth in May
New Delhi, July 12 - India's Index of Industrial Production (IIP) rose by 5.9 per cent in May this year, compared to the same month last year, and accelerating from 5 per cent in April, data released by the Ministry of Statistics on