Indian startups raise $12 bn in 2022's Q1: Report

New Delhi (IANS) Domestic startups have raised over $12 billion during the first three months of 2022 as compared to $4 billion during the same period in the previous year, says a report.

According to data tracking platform Fintrackr, 528 startups,…

Petrol, diesel prices raised again

New Delhi (IANS) State-owned oil marketing companies (OMC) on Thursday raised the prices of petrol and diesel for the ninth time in the last 10 days.

These prices were revised for the very first time on March 22, after a gap of more than four…

Airtel joins Tech Mahindra to develop 5G use cases in India

New Delhi (IANS) Bharti Airtel and Tech Mahindra on Thursday announced a strategic partnership to co-develop and market 5G use cases in India.

Airtel and Tech Mahindra will set up a joint 5G innovation lab for developing 'Make in India'…

India Ratings revise its FY23 GDP growth forecast downwards to 7-7.2%

New Delhi (IANS) Ratings agency India Ratings and Research (Ind-Ra) on Wednesday revised India's FY23 forecast downwards to 7-7.2 per cent.

Accordingly, the ratings agency believes that its 'FY23 Economic Outlook' released in January…

Centre approves hike in DA/DR to its employees & pensioners

New Delhi (IANS) The Union Cabinet on Wednesday gave its approval for the release of an additional installment of Dearness Allowance (DA) to the Central government employees and Dearness Relief (DR) to pensioners which will be implemented from January…

Gold jewellery retailers' revenue seen rising 12-15% next fiscal: Crisil

New Delhi (IANS) Sustained high prices of gold, as well as steady demand, is expected to raise gold jewellery retailers' revenue by 12-15 per cent next fiscal, said ratings agency Crisil.

It also said that the segment's revenue is expected…

Surging cost of construction likely to push up real estate prices

New Delhi (IANS) Over the last one year, developers' average cost of construction has risen 10-12 per cent, owing to higher input cost due to supply-side constraints. This surge in cost comes at a time when developers have been under pressure…

ICRA cuts India's FY23 GDP growth forecast to 7.2%

New Delhi (IANS) Ratings agency ICRA has lowered India's FY23 GDP growth forecast to 7.2 per cent from an earlier projection of 8 per cent.

Besides, the rating agency projected GDP expansion in FY22 at 8.5 per cent, which is modestly lower…

Indian equities extend losses; Sensex down over 300 pts

New Delhi (IANS) India's key equity indices -- Sensex and Nifty -- extended their losses from the previous week to trade lower in early trade on Monday.

At 9.54 a.m., Sensex was 0.6 per cent or 318 points down at 57,044 points, whereas…

Equities start week on positive note; Sensex up 231 pts

New Delhi (IANS) Paring its opening session losses, India's key equity indices -- Sensex and Nifty -- settled higher on Monday.

Sensex gained 0.4 per cent or 231 points at 57,593 points, whereas Nifty settled at 17,222 points, up by 0.4…