MUMBAI: India has a substantial amount of dry capital, and companies can still raise funds even during a funding slowdown in the Indian startup ecosystem, said experts at the India Fintech Awards (IFTA) 2023 panel in Mumbai. “There is no funding winter. I...

MUMBAI: Private equity and venture capital (PE/VC) investments rose 60% on a YoY basis in Q32023 and touched $13.6 billion, said consulting and audit firm EY India in its latest PE newsletter. However, they were 5% lower than 2Q2023. The number of deals i...

NEW DELHI: Heightened cost pressures and a decline in demand in the consumer goods sub-sector saw manufacturing activity fall to an eight-month low in October. During the month, the Purchasing Managers’ Index (PMI) fell for the second consecutive month to...

NEW DELHI: Expanding cross-border linkages in the Bay of Bengal region, Prime Minister Narendra Modi and his Bangladesh counterpart Sheikh Hasina on Wednesday jointly inaugurated three India-assisted development projects in railways, power and port sector...

NEW DELHI: Amid intense last-round discussions leading up to climate meet — Conference of Parties (COP) 28 — in the UAE, India is among the countries pitching for opening up loss and damages fund (LDF) for developing nations like itself and not limit it t...

The upcoming assembly election is not just about Rajasthan, it is also about Congress’ future, Chief Minister Ashok Gehlot said on Wednesday, and added that the country needed the party. Urging party leaders to reject politics and make Congress candidates...

As the unrest over the Maratha reservation continues in Maharashtra, Chief Minister Eknath Shinde on Wednesday chaired an all-party meeting and sought more time for deliberation on the issue. After the all-party meeting, Shinde said the all-party meeting...

Trinamool Congress MP Mahua Moitra is set to appear before the ethics committee today in the cash-for-query case. Just ahead of her appearance, the MP shared a copy of the letter that she had written to the panel on Wednesday. Moitra has been embroiled in...

West Bengal Chief Minister Mamata Banerjee on Wednesday hit out at the BJP-led central government, alleging that it was conspiring to arrest all opposition leaders before next year’s Lok Sabha polls and cast votes for themselves in an empty country. Delhi...

Arvind Kejriwal may skip his ED appearance today after he in his reply to the central agency said that the summon issued to him was illegal, politically motivated and given on request of BJP. Delhi Chief Minister and Aam Aadmi Party (AAP) supremo Arvind K...

Arabian Post Staff Virgin Atlantic’s returned to Dubai International Airport (DXB) for the first time since March 2019. The UK-based airline re-commenced its flights from London Heathrow Airport (LHR) on 30 October, with a four-weekly service to cater for...

The Indian Railways has imposed restrictions on the movement of lithium and lithium-ion batteries in leased parcel space of trains, impacting the movement of laptops, mobile phones, and small electric vehicles, among other commodities—using the railways’...

Week performance in European operations is likely to have driven Tata Steel Ltd into losses in the September quarter. The steel major will report its earnings on November 1. Consolidated loss for the quarter, according to five analysts polled by Moneycont...

NEW DELHI: In the second quarter of FY24 (July-September), the state-run Indian Oil Corporation Ltd (IOCL) saw a remarkable turnaround as its consolidated net profit soared to Rs 13,713 crore, bouncing back from a loss of Rs 910 crore in Q2 FY23. However,...

New Delhi: The government on Tuesday increased the windfall profit tax on crude oil produced in the country and reduced the levy on exports of diesel. The tax, levied in the form of Special Additional Excise Duty or SAED, on domestically produced crude oi...