The funds, which co-founder Sumit Gupta plans to use to double his team in 6 months, comes as Indian policymakers debate status of digital currencies while govt is yet to take a final stance.
UBS predicts Nifty 50 Index will fall to 15,500 by June end 2022. Current surge has Nifty trading at 21.3 times estimated 12-month earnings, much higher than its 5-yr average of 18 times.
There has been a surge in China’s share in India’s trade basket by almost 3 percentage points for imports and 2 percentage points for exports.
Tamil Nadu Finance Minister in an exclusive interview with ThePrint says the 13 August state budget will be a vision document, different from the 'irrelevant' Union budget of the past few years.
Modi asks Indian missions abroad to make big push for ‘Brand India’, eyes export, manufacturing boost
In address to heads of Indian missions and other trade and commerce stakeholders, Modi cites scrapping of retrospective tax as a sign of consistency in govt policies.
While announcing the third bi-monthly monetary policy review Friday, RBI Governor Shaktikanta Das said reduction on lending rate has reduced the burden on households.
Inflationary pressures are 'transitory', preemptive measures to check inflation could kill India's nascent and hesitant economic recovery, says RBI Governor Shaktikanta Das.
Surging natural gas prices means it will be costlier to power factories or produce petrochemicals, rattling every corner of the global economy and fuelling inflation fears.
RBI Governor Shaktikanta Das says Monetary Policy Committee unanimously decided to continue with accommodative stance to support growth, keep inflation within target.
India’s delivery giants are finding there aren’t many models available that can be deployed at scale, and what supply there is can’t keep up with demand.