Gurugram-based startup Centricity secures Rs 280 crore in Series A funding led by SMBC Asia Rising Fund, signalling strong investor confidence in India’s evolving wealth management sector amidst a selective funding climate. Centricity, a Gurugram-based wealth management startup, has raised…
Zerodha CEO Nithin Kamath criticises the overuse of AI in pitches, emphasising the need for genuine differentiation and meaningful business propositions in a saturated tech landscape. Nithin Kamath has a blunt message for founders:AI is no longer a pitch deck…
India’s power regulator introduces measures allowing renewable project developers to extend grid connectivity rights via daily charges, while tightening rules against capacity hoarding, potentially freeing up 15.7GW of transmission capacity and accelerating the country’s clean energy target. Shares in Suzlon…
India’s regulator SEBI is taking a cautious, data-driven approach to assess the impacts of the new Common Account Statement (CAS) system, as it gathers feedback and explores technological innovations like AI to ensure market stability and attract foreign investment. Tuhin…
Many Indian immigrants in the US are rapidly purchasing homes using long-term fixed-rate mortgages, motivated by financial pragmatism and cultural values, despite rising mortgage rates and high regional prices. Many Indians who move to the United States end up buying…
Despite a series of holidays around the Onam festival, banks in Kerala are set to stay open from August 25 to 28, with digital banking services likely unaffected, though branch operations may face delays. Banks in Kerala will not be…
The global 5G services market is shifting from early adoption to a mature phase, with enterprise applications driving substantial growth, making 5G a fundamental element of industrial and digital transformation. The global 5G services market is moving from early adoption…
The Institute of Chartered Accountants in England and Wales criticises the government’s proposal to mandate VAT and PAYE payments via direct debit, citing potential cash flow issues and operational challenges. The Institute of Chartered Accountants in England and Wales has…
India advances its electronics sector growth, approving 31 new projects worth ₹7,877 crore, as the government intensifies efforts to build a self-reliant supply chain and boost domestic production capabilites. India has approved 31 more proposals under its Electronics Component Manufacturing…
India’s labour market improved in July as more people entered the workforce and unemployment decreased, signalling a resilient economic recovery amid rural and female employment growth. India’s labour market improved in July as more people entered the workforce and the…
