How Generative AI is transforming industries and building new startup opportunities
India’s burgeoning AI adoption presents a unique opportunity for startups to innovate and thrive.
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Deeper cut to duty for US on cards; four to five products specific to US under consideration
The government wants to make sure that the beneficiary products are made in the US. The list could cover four to five products, including certain kinds of electronics, chemicals and plastics, besides aircraft, parachutes and cruise ships. India levies duties…
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Jio Financial Services to invest Rs 1,000 crore in Jio Finance
Jio Financial Services announced on Thursday that it has invested Rs 1,000 crore in Jio Finance, its wholly owned subsidiary. The investment was made through the subscription of 1,73,77,412 equity shares at Rs 10 each. The funds will be used…
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RBI may cut policy rate by 25 bps in April: Ind-Ra
The Reserve Bank of India’s Monetary Policy Committee is expected to reduce the policy rate by 25 basis points during its April meeting, as projected by India Ratings and Research (Ind-Ra). Ind-Ra also anticipates up to three rate cuts in…
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SEBI plans new penalty system to ease burden on brokerage firms: Report
The Securities and Exchange Board of India (SEBI) is working on a new penalty system that would prevent brokerage firms from being fined multiple times for the same violation.
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MSME is not a sector, need a very differentiative approach: MSME Secretary
Subhash Chandra Lal Das, MSME Secretary, emphasized the diverse needs of MSMEs and the essential role of technology. He noted that the government is pushing for reforms to support MSMEs’ growth and adaptability. He also highlighted the introduction of a…
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