NEW DELHI: The Indian startup ecosystem continued its growth momentum this week with securing nearly $461 million which included 10 growth-stage deals. At least 29 startups were part of the funding week, which saw 18 early-stage deals, as one startup kept financial details undisclosed. Global digital adoption platform (DAP) leader Whatfix secured $125 million in […]
NEW DELHI: India’s gold reserves are increasing at a regular basis and according to experts, bullion is likely to remain supported by safe-haven demand and strong buying among gold exchange-traded fund (ETF) investors. As per latest data by the Reserve Bank of India (RBI), gold reserves increase by $726 million to $63.613 billion, compared to […]
NEW DELHI: Union Minister of Commerce Piyush Goyal has urged the Indian industry to focus on prioritising the production of high-quality goods to promote ‘Brand India’ through sustainable practices in line with the Prime Minister’s vision of Make in India with ‘Zero Effect; Zero Defect’. Goyal’s remarks came while engaging with the CEOs of over […]
NEW DELHI: India’s electronics sector is currently employing about 1.2 million people all over the country, as 325 to 330 million mobile phones are being manufactured every year, the government said on Thursday. The country has witnessed rapid growth in electronics manufacturing – from Rs 1.9 lakh crore in 2014-15 to Rs 9.52 lakh crore […]
NEW DELHI: India’s tourism sector is poised to create approximately 39.5 million jobs by the end of year which is likely to rise to 42.3 million employment opportunities by 2025, a report showed. Direct employment will account for 31 per cent of these roles, including positions like tour guides, hotel staff, and tour operators, according […]
NEW DELHI: Alphabet’s Google has restricted the creation of new accounts for Russian users, state news agencies cited Russia’s digital ministry as saying on Thursday. Google has been under pressure in Russia for several years, particularly for not taking down content Moscow considers illegal and for blocking the YouTube channels of Russian media and public […]
KULGAM: A medical shop in Yamrach Yaripora was sealed by Drug Control officials today after it was found violating license conditions and flouting norms under the Drugs & Cosmetics Act, 1940. This swift action was taken in response to a specific complaint filed against the shop. The action against the erring was part of an […]
NEW DELHI: Indian tourists are rapidly emerging as a significant growth engine for global tourism, with a 12 per cent growth in the first half of this year, compared with the same period in 2019 before the pandemic, according to a report on Wednesday. The picture is even brighter when it comes to foreign exchange […]
NEW DELHI: The total foodgrain production in the country during 2023-24 is estimated at record 3322.98 LMT, which is higher by 26.11 LMT produced during the last year, Ministry of Agriculture and Farmers’ Welfare said on Wednesday. The production of food grains during 2022-23 was 3296.87 LMT. The ministry has released Final Estimates of production […]
NEW DELHI: The Indian economy is projected to grow faster at 7.1 per cent this fiscal (FY25), Moody’s Analytics said, as the country continues to remain resilient amid global uncertainties. In its new Asia Pacific outlook, the global credit ratings kept the country’s growth forecast unchanged at 6.5 per cent for 2025 while projecting faster […]