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Topics: India

World Bank slashes India’s growth forecast to 6 percent, Warns “Severe” Slowdown

The World Bank on Sunday slashed its growth forecast for India's current fiscal year to 6 percent, down from 7.5 percent, warning that the...

Airpay partners with InstaReM to launch “FX Payment” service for merchants

Mumbai based omnichannel payments company, Airpay, has announced its partnership with InstaReM to launch “FX payment,” an international payment solution for its merchants. “Being, an...

DHFL proposes draft resolution plan to convert debt to equity

India's crisis-hit shadow bank Dewan Housing Finance (DHFL) has submitted a draft resolution plan proposing to convert debt to equity while seeking to sell...

JLR Chief Ralf Speth says, “Millennials using ride-hailing service would mean more demand for cars”

Millennials depending more on ride-hailing service providers for commuting would mean more demand for cars rather than affecting sales in mega cities, including those...

COAI: No major gain for telecom industry from corporate tax rate cut

NEW DELHI: The government's move to lower corporate tax to 22 per cent is positive for the economy but there is no major benefit...
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Chandrayaan-2 mission has achieved 98% of its objectives: ISRO chief K Sivan

Indian Space Research Organisation (ISRO) Chairman K Sivan on September 21 said the Chandrayaan-2 mission has achieved 98 percent of its objectives, even as...

DCC approves Rs 8,588 cr telecom infra projects

The Digital Communication Commission on Thursday approved various telecom infrastructure projects, including roll out of more than 3,500 mobile towers for 4G services in...

Wipro Consumer Care Ventures to fund —India, Southeast Asian consumer brands startup

India’s leading FMGC company, Wipro Consumer Care and Lighting have announced a launch of its new venture fund called “Wipro Consumer Care Venture,” to...

Google sets up Artificial Intelligence research unit in Bengaluru

Google on Thursday said it is setting up an artificial intelligence research unit at Bengaluru as the tech giant looks to continue developing products...

Groww raises $21.4mn from Ribbit Capital, Sequoia India, and Y Combinator

A Bengaluru-based investing platform, Groww has raised $21.4 million in series B round funding from U.S. based Venture Capital firm Ribbit Capital, and others. The...
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InstaReM starts digital money transfer service in Canada

Solidifying the company’s presence in North America. Singapore -based cross-border digital payment company, InstaReM has announced the launch of cost-effective digital cross-border payments transfer...

Nirmala Sitharaman announces ban on e-cigarettes

The Union Cabinet has proposed the ordinance for the complete ban on the sales and manufacturing of e-cigarettes inside the country. Speaking to the press,...

M&M incorporates MBPL of Bangladesh as a wholly-owned subsidiary

India’s largest automaker company, Mahindra and Mahindra has incorporated ‘Mahindra Bangladesh Private Limited (MBPL)’ as its wholly-owned subsidiary. In a filing at the BSE, the...

BIF: 5G spectrum auction quantum is inadequate and costly

NEW DELHI: The quantum of 5G spectrum on auction in the country is inadequate and pegged at a very high reserve price which is...

Apple’s gaming service Arcade arrives in iOS 13 public beta

New Delhi: Apple's subscription-based gaming service Arcade is available now in iOS 13 public beta -- three days before its official launch on September...
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Harsh Vardhan: “India to generate 175 GW of clean energy”

The Union Minister for Science and Technology, in Government on India, Harsh Vardhan on Monday said, “The Government of India is planning to generate...

RBI: Forex reserves rose by $1 bn to $429.60 bn, Gold drops by $199 mn to $27.35 bn

The country's foreign exchange reserves increased by $1.004 billion to $429.608 billion in the week to September 6, helped by a rise in foreign...

Ola expands its bike services to 150 Indian cities

Online cab aggregator company and one of Uber’s biggest rival in India, Ola Cabs has announced the expansion of its Ola Bike offering to...

Supreme Court: Issue of linking Aadhaar with social media accounts need to be decided at earliest

The Supreme Court of India on Friday said, "The issue related to linking of social media profiles with Aadhaar needs to be decided at...

The United States shows concern over trade deficit with India

The US on Friday expressed concern over the trade deficit with India and the challenges being faced by American companies to invest here. Addressing the...
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Govt Of India to allow tech companies like Facebook, Google, Amazon to sell users public data

The Government of India is planning to make it mandatory for the tech companies like, “Facebook, Google, Amazon, and others, to sell public or...

CCI approves Amazon’s acquisition of 0.51% equity shares in Quess Corp

Fair trade regulator Competition Commission of India (CCI) on Monday said it has cleared the acquisition of equity share capital of Quess Corp by...

NASA hails ISRO’s Chandrayaan-2 mission, express interest to jointly explore the solar system with ISRO

NASA has lauded India's historic Chandrayaan-2 mission, saying the Indian Space Research Organisation's attempt to soft-land Vikram module on the lunar South Pole has...

LenDenClub raised $1 million in Pre-series A round funding from Artha Venture Fund, Transworld Group, Shuchi Kothari and others

Mumbai based, Peer-to-Peer (P2P) lending platform LenDenClub has raised $1 million in Pre-series A round funding from Artha Venture Fund, Transworld Group, and others. “With...

Pakistan makes imports of Rs2.56 billion from India, for anti-rabies and anti-snake venom vaccines

In the last 16 months, Pakistan has imported an anti-rabies and anti-snake venom vaccines worth of Rs2.65 billion from India. In a report published on...
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16 million Indian Influencer accounts on Instagram are fake: Reports

A whopping 16 million accounts of Indian influencers on Facebook-owned Instagram are fake, revealed a new study, suggesting such people are artificially boosting "vanity...

RSS economic wing call for a complete ban on TikTok and Helo app

In the name of protection of the national security and startup ecosystem, Swadeshi Jagran Manch (SJM), an economic wing of Rashtriya Swayamsevak Sangh (RSS),...

Samsung Venture funds $8.5 million in 4 Indian startups, plans to support 100 more startups in next 3-5 years

Samsung Venture Investment Corporation (SVIC), the investment arm of the South Korean tech giant, on July 10 said it has made its maiden investment...

India, Indonesia sets $50 billion as bilateral trade for 2025

India and Indonesia on June 29 set an ambitious USD 50 billion targets for bilateral trade over the next six years as Prime Minister...

Cross border payment company InstaReM partners with Joe Root’s R66T cricket coaching academy

InstaReM, a Singapore based leading cross-border digital payment and money transfer company on Tuesday announced it’s a partnership with The Root Academy (R66T Academy)...
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