CureBay raises Rs 62 crore from Elevar, others
CureBay, a startup focused on solving primary healthcare in remote locations, has raised Rs 62 crore in a series-A funding round led by Elevar Equity, existing investor as well as its founders and leadership team members. The fund will enable the health-tech innovator to continue creating access to high quality and...
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Textile mill associations urge Government for financial support
07 January 2024 | PTI -
Red Sea crisis may push shipping cost by up to 60 per cent: GTRI
07 January 2024 | PTI -
Goyal remains optimistic about $2 trillion export target
07 January 2024 | PTI -
Govt to bring more products under mandatory quality norm: Goyal
06 January 2024 | PTI -
E-way bill generation without B2B e-invoice details to be blocked from March 1
06 January 2024 | PTI -
EV sales in India likely to grow
06 January 2024 | PTI -
Toyota hikes vehicle prices by up to 2.5%
06 January 2024 | PTI
Real estate opportunities in Ayodhya
Real estate body NAREDCO on Friday said it plans to organise a builders' conference in Ayodhya to tap its commercial and residential opportunities as the holy city gears up to attract lakhs of tourists post inauguration of the Ram temple on January 22. National Real Estate Development Council (NAREDCO) National President...
Business brief
NFL has started the agri-drone pilot training of the first batch of 30 women from Punjab under the NaMo Drone Didi scheme launched by Prime Minister Narendra Modi from Decemeber 12 VIT-AP organises global meet Amaravati: The School of Electronics Engineering of VIT-AP University hosted the 5th International Conference on Advances in...
Rupee rises 8 paise
The rupee appreciated 8 paise to close at 83.16 against the US dollar on Friday, helped by a positive trend in domestic equities and fresh foreign capital inflows. However, rising crude oil prices in international markets and a strong greenback overseas restricted gains for the local unit, forex traders said. At...
RBI tightens norms for short term commercial papers
The Reserve Bank of India has tightened rules for the issuance of short term Commercial Papers (CPs) and Non-Convertible Debentures (NCDs), with an initial maturity of up to one year. The new norms, which come into effect from April 1, involve six key changes. The tenor of such short term CPs cannot...
Indian economy to grow 7.3%
The Indian economy is estimated to grow at 7.3 per cent in 2023-24 against 7.2 per cent in the previous fiscal, the National Statistical Office (NSO) said on Friday in its first advance estimates of national accounts. Releasing the first advance estimates of National Income for 2023-24, the NSO said, "Real...
India's forex reserves jump to $623.2 bn
India's forex reserves jumped by USD 2.759 billion to USD 623.2 billion in the week ended December 29, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves had increased by USD 4.471 billion to USD 620.441 billion. In October 2021, the country's forex kitty had reached an...
Government to revamp SOPs for safe tunnel construction
The government on Friday said it will revamp the standard operating procedures for tunnel construction after an expert panel found many shortcomings in the under-construction Silkyara tunnel, which collapsed in November last year, leaving 41 workers stranded for more than two weeks. At a press briefing, Road Transport and Highways Secretary...