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Latest Articles in Economy
Byju's, Term B Lenders Agree To Alter Loan Terms
Aakash Institute received just Rs 800 crore of the total loan, which was reliant on the edtech company resolving its problems with bondholders and connected to potential equity upside from an IPO
Read MoreIndia's Potential To Disrupt The Next Wave Of Entrepreneurship
If we compare the number of active angel investors in Asia with those in the USA, we get 40,000 and 1.7 million investors respectively, symbolising the void between businesses and investors in India as well
Read MoreBiocon Tanks 4% On Account Of USFDA Observations On Malaysian Unit
The Indian biopharmaceutical company Biocon saw its stocks tumble by as high as 4.58 per cent to Rs 251.90 per scrip on Monday as of 11:04 IST on the Bombay Stock Exchange (BSE) compared to the previous close of Rs 262 on Friday
Read MoreIsraeli Startups To Relocate Over Judicial Reshuffle: Report
Business groups have also cited the proposed changes as the reason for a 70 per cent drop in tech fundraising in the first half of the year, according to media reports
Read MoreIncreasing The Contribution Of Agriculture In India's Economy
In the fiscal year 1950-51 agriculture sector accounted for 55.4 per cent of GDP but due to less emphasis on modernisation and constant rise of other sectors lead to the decline
Read MoreIndia's Electronics Exports Grow By 56%, Emerging As 4th Largest Export Item
Unless the gems and jewellery segment experiences substantial growth in the next three quarters, electronics is poised to secure its position as the third-largest category of exports in India
Read MoreIndustry Body Awaits Suspension Of New Drugs & Medical Device Bill In Parliament
Recently in a letter written to the Union Health Minister, Mansukh Mandaviya on the new Drugs & Medical Devices Act 2023, Rajiv Nath, Forum Coordinator, AiMED conveyed the industry's utter shock on seeing the bill being listed to be presented in the parliament for passage without enough discussions or deliberations on the final draft which the industry claims it did not receive from the Ministry after it took suggestions from the industry
Read MoreBain Capital Set To Acquire 90% Stake In Adani Housing, Capital
The primary objective behind this deal is to establish Adani Capital as an independent entity, enabling it to expand its lending operations
Read MoreWhat Happened To The Indo-British Free Trade Deal?
Despite the challenges, the Indo-British agreement holds immense potential for both nations, fostering trade and investment, according to the experts
Read MoreStronger Flavour, Higher Yield Makes Robusta Preferred Choice For Domestic Coffee Market Over Arabica
According to the statistics of the Coffee Board of India, the Robusta beans sold 1,200,000 tonnes approximately in 2022, against 800,000 tonnes of Arabica in the same period
Read MoreIndia’s First Private Hill Station Lavasa Sold To Darwin Platform For Rs 1814 Cr
The NCLT has given its go-ahead to the sale, which includes a payout of Rs 1,814 crore over eight years
Read MoreReconsider 28% GST Imposed On Online Gambling: VCs Write To PMO
The investor group also stated that skill-based real-money gaming is India's largest gaming sub-sector. The tax will perhaps result in a write-off of the USD 2.5 billion in capital invested in this sector
Read MoreGovt Likely To Sell Subsidised Tomato On ONDC At Rs70/kg
The selling of tomatoes on ONDC is likely to start in Delhi NCR before spreading to other cities. Quick commerce startups such as Zepto, Blinkit, and Swiggy Instamart sell tomatoes for up to Rs 170/kg
Read MoreGlenmark Life Sciences Posts 25% Rise In Q1 Profit To Rs 135 Cr
The Mumbai-based drug maker said profit stood at Rs 135 crore for the quarter ended 30 June, compared with Rs 109 crore a year earlier
Read MoreIMF Warns Of Global Food Insecurity Amid Black Sea Grain Deal Termination
The deal, which allowed safe passage for Ukrainian agricultural exports via the Black Sea, was recently scrapped
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