Less than a fortnight left before FM Nirmala Sitharaman reads out her final full budget of the union government and expectations are already building up among middle class on multiple fronts, hoping not just to earn some but also to save more Less than a fortnight is left for final full budget presentation before the […]
Government has taken several steps to give a much needed push to the drone industry. The rules governing the industry have changed. Manufacturers are also incentivised monetarily, too India’s unmanned aerial vehicle or drone industry is expected to be on a cruise mode over the next few years. With an enthusiastic private sector and unprecedented […]
Tech companies laying-off employees in hordes in the name of rightsizing as sustained revenue growth become hard to come by Fans of popular web series ‘Game of Thrones’ would be familiar with the phrase ‘Winter is Coming’ which is indicative of something bad or unpleasant that is going to happen. For tech companies in […]
US Fed Chair’s stance is unequivocal on containing inflation and ensuring price stability even at the cost of growth; emerging markets to see spillover impact, however, India’s prospects remain strong US Federal Reserve Chair Jerome Powell’s statement on interest rate hikes is a clear indication that inflation is there to stay. Powell in his statement […]
The Indian Rupee’s performance much better than its peers from developed and emerging economies; consolidation now on cards and fall to be capped from here The Indian Rupee’s weakening run against the US Dollar is primarily because of external reasons than of its own making. The Dollar has appreciated more than 14 per cent on […]
The global IT spending is projected to reach USD 4.5 trillion in 2022, an increase of 3 per cent from 2021, according to the latest forecast by Gartner. It will be much slower than the pace of FY22 Fears of recession in the US and other developed economies are looming large. Yet, India remains the […]
The government has been able to increase its direct and indirect tax collections through process simplifications, awareness and plugging evasions India reported a 36 per cent jump in its gross direct tax collections at Rs 6.48 lakh crore till the first week of September over the corresponding period of the last fiscal year. It […]
The milestone of India overtaking the UK as the fifth largest economy seems to be just a teaser; the full picture is yet to unravel as greater laurels beckon. India remains the fastest growing economy in the world despite the wide spread gloom; a blip here or there must not cause worry as India poised […]
India, one of the largest consumers of gold globally, launches its first-ever international bullion exchange. This endeavour is to attract investments including those from foreign banks, besides bringing transparency to the pricing of the precious asset class. Located in Gujarat’s International Finance Tec-City, or GIFT City, the India International Bullion Exchange (IIBX) can be an […]
India recorded investments worth USD 34.1 billion across 714 deals, including 92 large deals worth USD 23.7 billion in PE / VC roundup in H 1 (the first half of calendar year) 2022. In terms of number of deals, it was a 37 per cent YoY (year-over-year) jump Notwithstanding the challenges emanating geo-political reasons and […]
