Finance Minister Nirmala Sitharaman emphasised leveraging public funds to catalyse private sector investment in infrastructure, announcing new financing tools and a substantial asset monetisation pipeline to bolster long-term development projects. Finance Minister Nirmala Sitharaman said public money should be used…
Luggage manufacturer VIP Industries reports increased sales for the first time in seven quarters despite a widened net loss, driven by new product launches and strategic restructuring amid rising input costs. VIP Industries reported a wider consolidated net loss in…
India’s securities regulator confirms the integrity of the new closing auction mechanism designed to enhance transparency and align with global standards, as participation from mutual funds increases despite concerns over liquidity during the phased rollout. India’s markets regulator says it…
The Karnataka High Court has declared that goods and services tax cannot be levied on fees collected for building plan approvals, citing lack of statutory basis and regulatory nature of the process. The Karnataka High Court has ruled that goods…
A decade after its launch, India’s Unified Payments Interface has become the backbone of the country’s digital economy, but its future growth hinges on developing sustainable revenue models amid mounting costs and market consolidation. India’s Unified Payments Interface has moved…
Jio Financial Services and Allianz have formalised a 50:50 partnership to develop a larger, digitally-driven insurance business in India, aiming to expand accessibility and competitiveness in the sector. Jio Financial Services and Allianz have moved a step closer to building…
Uber is extending its bike taxi services to 100 more cities across India, reaching 220 locations and challenging rivals like Rapido amid mounting market pressures and regulatory changes. Uber is widening its bike taxi push in India, adding 100 more…
Indian startups made significant funding moves on 12 August 2026, led by Yulu’s $93 million Series C to expand its electric fleet, as the country’s startup ecosystem demonstrates accelerating investment activity and evolving leadership dynamics. Four Indian startups announced funding…
India’s electricity consumption surged nearly 11% in July, driven by hot weather and industrial growth, highlighting urgent challenges for grid reliability and the push for sustainable energy solutions. India’s electricity use climbed nearly 11% year-on-year in July to 170.7 billion…
Freshers in India are experiencing a modest boost in employment prospects in 2026, with increased recruitment interest in retail, e-commerce, and technology, amid evolving skill requirements and sector variations. Freshers in India are finding a slightly stronger hiring climate this…
