Business
GST cut on health insurance premium deferred, cancer drugs to become cheaper
September 10, 2024
GST cut on health insurance premium deferred, cancer drugs to become cheaper
The GST Council, headed by Finance Minister Nirmala Sitharaman, on Monday announced setting up a Group of Ministers (GoM) on…
Indian edtech sector sees 96 pc growth in funding, long-term outlook strong
September 9, 2024
Indian edtech sector sees 96 pc growth in funding, long-term outlook strong
The Indian edtech sector witnessed $164 million in funding in the January-June period this year, a 96 per cent increase…
Hackers behind Rs 2,000 crore WazirX theft begin laundering stolen assets
September 7, 2024
Hackers behind Rs 2,000 crore WazirX theft begin laundering stolen assets
The hackers behind the Rs 2,000 crore (about $234 million) WazirX theft have started withdrawing the stolen digital assets and…
IMEC initiative to boost India’s maritime security, trade: Piyush Goyal
September 6, 2024
IMEC initiative to boost India’s maritime security, trade: Piyush Goyal
The India-Middle East-Europe Economic Corridor (IMEC) initiative will add to the country’s maritime security and faster movement of goods between…
Demat accounts rise to 171 million in August, up 4 million
September 6, 2024
Demat accounts rise to 171 million in August, up 4 million
India’s total demat accounts continue to rise, with over four million new ones added in August, as per the depositories’…
Average household spending on food less than half for 1st time in modern India
September 6, 2024
Average household spending on food less than half for 1st time in modern India
Significant changes are unfolding in India’s food consumption pattern and the share of total household expenditure on food has declined…
GST rate much below revenue neutral rate to lessen burden on taxpayers: FM Sitharaman
September 5, 2024
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
September 5, 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
September 5, 2024
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
September 4, 2024
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…