PhonePe has raised $600 million of new funding from General Atlantic (GA) as it gears up for a local listing early next year. The latest investment reinforces its commitment to back the homegrown consumer internet company even as diversification of…
Read More
The US Federal Reserve has lowered interest rates for the second time this year. This move aims to boost economic growth as the job market shows signs of slowing. Policymakers are closely watching inflation and job creation data. The decision…
Read More
Groww IPO Dates: Groww, a leading online brokerage, is set to launch its Initial Public Offering in the first week of November. The IPO aims for an $8 billion valuation. This move follows a strong financial performance and rapid client…
Read More
Key changes include removing an additional 5 basis points charge and excluding statutory levies from expense ratio limits. These proposals are open for public comment until November 17.
Read More
A new committee, led by Neeraj Kumar Gupta, will review export incentive rates. The RoDTEP and RoSCTL schemes offer refunds on taxes and levies for exporters. The committee will consult stakeholders to determine future rates. Their report is due by…
Read More
Discussions between India and the European Union are gaining momentum as they work towards a comprehensive free trade agreement. Key sectors such as steel, automotive, and carbon taxation are still under scrutiny, necessitating detailed conversations. Both parties are optimistic about…
Read More