Paytm cloud acquires 25% stake in US-based seven technology
Paytm Cloud has approved a $1 million investment in Seven Technology. The company will acquire a 25% stake in Seven, the company said in a filing to the exchanges.
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Budget measures on AI, startups, GCCs to spur next phase of growth for India’s economy: Tech experts
There is no doubt AI has the potential to transform every sector of Indian society, from boardrooms to classrooms, commerce to communities, and finance to farmers.
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India’s Manufacturing PMI elevates to six-month high of 57.7 in January
India’s Manufacturing PMI in January accelerated to 57.7 from 56.4 in the previous month, revealed data from S&P Global. Indian goods producers kicked off the year to a robust start, with new orders rising at the quickest pace since July…
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Ambani’s Reliance fielding Chinese giant to heat up retail showdown
India’s fast fashion market faces intensified competition as Reliance Retail collaborates with Shein, reintroducing its fast fashion line, nearly five years after a ban. Shein’s return, managed by Reliance, operates under strict regulations to ensure compliance, with data stored locally…
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Old tax regime to stay, but why would anyone want it now: CBDT chairman
The new income tax law will be easier to understand, free of outdated provisions, and aims to encourage taxpayers to switch to the new regime with significant concessions. Additionally, a new crypto asset reporting provision has been introduced to align…
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Budget 2025: From startups to aviation and retail to realty, jobs could be made in millions
Finance minister Nirmala Sitharaman’s budget proposals aim to spur job creation across sectors like manufacturing, tourism, agriculture, and MSMEs. Key initiatives include the National Manufacturing Mission, which is projected to generate 2-3 million new jobs, and a focus on boosting…
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