New Delhi: Son of a schoolteacher from Aligarh district in Uttar Pradesh, Vijay Shekhar Sharma was enamoured by Jack Ma-run Alibaba's focus on smartphones rather than desktop computers, when he built a digital payments company that would let Indians pay for vegetables, pay utility bills...
Mumbai: Coming close on the heels of the interim budget which maintained the status quo on policy front, the Reserve Bank is likely to continue with the pause on the short-term lending rate in its upcoming bi-monthly monetary policy this week as retail inflation is...
New Delhi: The Department of Investment and Public Asset Management (DIPAM) will focus on concluding the ongoing privatisation transactions, like IDBI Bank and BEML, and may not look at any new CPSE for a strategic sale in the next fiscal, a senior official said. DIPAM...
New Delhi: The combined market valuation of eight of the top-10 most valued firms climbed Rs2.90 lakh crore last week, with Reliance Industries emerging as the lead gainer, amid optimism in equities. Last week, BSE benchmark Sensex jumped 1,384.96 points or 1.95 per cent. From...
New Delhi: Foreign Portfolio Investors (FPIs) have injected over Rs19,800 crore in the country's debt market in January, making it the highest monthly inflow in more than six years, on the back of inclusion of Indian government bonds in the JP Morgan Index. On the...
London: Nearly a year on from a banking crisis that led to the collapse of three US regional lenders and the emergency takeover of Credit Suisse in Europe, a fresh chill is running through banks as far apart as New York, Tokyo and Zurich, a...
New Delhi: Money laundering concerns and questionable dealings of hundreds of crores of rupees between popular wallet Paytm and its lesser-known banking arm had led Reserve Bank of India to clamp down on tech poster boy Vijay Sekhar Sharma-run entities, sources said. The central bank...
New Delhi: The government Saturday launched the ‘Digital India FutureLABS’ initiative that will enable partnerships between the government, startups and large enterprises to foster electronics design ecosystem. Launching the initiative that aims to boost India's electronics and IT sector by establishing a research and innovation...
New Delhi: The government has hiked windfall tax on domestically produced crude oil to Rs 3,200 per tonne from Rs1,700 per tonne with effect from Saturday. The tax is levied in the form of Special Additional Excise Duty (SAED). According to an official notification, SAED...
New Delhi: The year 2024 started off on a worse note for the tech employees, as more than 122 tech companies and startups laid off more than 30,000 workers in January itself, while the job cuts continue unabated. According to data compiled by layoff-tracking website...
A recent video of IAS officer Tina Dabi bowing repeatedly to BJP leader Satish Poonia has gone viral, sparking a...
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It’s now over two and half years since Russia invaded Ukraine and the war between the two countries is now...
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Voters in Japan have spoken and delivered the loud and clear message to the ruling coalition that they cannot be...
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One of the key indicators of the health of an economy is the size of its middle class. A burgeoning...
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