Several high-quality startups are expected to go public in 2025 and the funding environment is anticipated to improve this year, as per a report by InnoVen Capital. Additionally, 47% of startup founders foresee an increase in hiring pace, while 79%…
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Finance Minister Nirmala Sitharaman on Tuesday informed the Rajya Sabha that indirect tax under the Goods and Services Tax (GST) has significantly reduced over the years since its implementation.
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The Indian rupee depreciated by 3.3% against the US dollar from October 2024 to January 2025, with foreign portfolio outflows and trade deficit contributing to the decline. Despite this, the rupee’s depreciation was lesser compared to other major Asian and…
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India’s central bank aggressively sold between $4 billion and $7 billion to support the rupee, which faced record lows due to portfolio outflows and US trade tariff uncertainties. The Reserve Bank of India intervened heavily before markets opened, a departure…
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SEBI barred LS Industries and related entities from trading due to alleged stock price manipulation. Dubai-based investor JPP profited significantly from selling shares, raising concerns about FEMA violations and market manipulation. SEBI is investigating LS Industries’ dubious valuation increase and…
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India’s manufacturing sector shows steady growth with 83% of manufacturers reporting higher or consistent production levels. Despite stable investment plans and improved export performance, challenges like rising raw material costs, high interest rates, and regulatory issues persist. A focus on…
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