Business

GST rate much below revenue neutral rate to lessen burden on taxpayers: FM Sitharaman

GST rate much below revenue neutral rate to lessen burden on taxpayers: FM Sitharaman

Union Finance Minister Nirmala Sitharaman on Thursday said that the goods and services tax (GST) rate is much below the…
Indian startup ecosystem witnesses 13 large funding rounds in 2024

Indian startup ecosystem witnesses 13 large funding rounds in 2024

The Indian startup ecosystem witnessed a surge in large funding rounds (over $100 million) in 2024, as startups’ focus has…
Rapido raises $200 mn to expand operations, scale tech platform

Rapido raises $200 mn to expand operations, scale tech platform

Homegrown ride-sharing platform Rapido on Thursday said it has raised $200 million in its Series E funding, taking its valuation…
India’s fintech startups grow fivefold in last three years

India’s fintech startups grow fivefold in last three years

India’s financial sector is growing at a rapid pace as fintech startups have grown by about five times in the…
43 pc of WazirX customers to lose their money, demand grows for scrutiny

43 pc of WazirX customers to lose their money, demand grows for scrutiny

After a massive Rs 2,000 crore data breach, more bad news awaits WazirX customers — including at least 4.2 million…
India’s medium-term outlook remains positive amid strong growth: World Bank

India’s medium-term outlook remains positive amid strong growth: World Bank

The Indian economy continues to grow at a healthy pace despite challenging global conditions, a World Bank report said on…
Indian investors could see Rs 250 per month SIP soon: SEBI Chief

Indian investors could see Rs 250 per month SIP soon: SEBI Chief

The day is not far when Indian investors could witness a Rs 250 per month systematic investment plan (SIP) that…
GST collections see 10 pc YoY growth at Rs 1.75 lakh crore in August

GST collections see 10 pc YoY growth at Rs 1.75 lakh crore in August

The goods and services tax (GST) collections stood at Rs 1.75 lakh crore in the month of August, around 10…
FPIs buying in Indian debt market as rupee remains stable this year

FPIs buying in Indian debt market as rupee remains stable this year

Foreign portfolio investors (FPIs) have increased buying in the Indian debt market because the rupee has been stable this year…
Record forex reserves to boost economy, promote domestic trade: Industry

Record forex reserves to boost economy, promote domestic trade: Industry

The record all-time high level of India’s forex reserves will create external sector resilience and boost economy across sectors, industry…
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