India’s Fundraising Winter Sees Micro-Venture Capital Pouring Heavily Into Early-Stage Deals
They operate primarily in the pre-seed and seed sectors, with few companies participating in post-seed rounds.
India Moves To 5th Place In Global Stock Exchange Rankings, Trading Volume Exceeds $3.31 Trillion
India's local stock market has risen since March 28 as buying by foreign investors continues as India's macroeconomic conditions improve. Sensex and Nifty were up nearly 10%, while BSE mid- and small-cap stocks were up nearly 15%. BSE Bankrex is up nearly 13%.
India’s Economy Continues To Grow In Fourth Quarter Of Latest Fiscal Year: Bloomberg
Reserve Bank of India (RBI) Governor Shaktikanta Das said last week that growth in 2022-23 could exceed the official forecast of 7%.
Telecom Companies Increase SMS Tariffs of Amazon, Meta, Other Global Firms by 25%
Telecom companies increased SMS rates for foreign businesses like Google, Meta, Amazon, and others.
India-Nepal Economic Partnership Summit Seeks To Create a Platform For Bilateral Relations
Discussion and ideation for making cluster-based economic zones across Nepal and further relaxation of the cross-border trade norms to secure and sustenance the greater economic engagements were among the takeaways
Twitter’s Now Worth is One-Third Of Elon Musk’s Purchase Price: Report
Twitter is now worth one-third of the price that Elon Musk purchased it for.
Google To Implement Stringent Guidelines For Personal Loan Apps
Google will implement strict guidelines for personal loan applications that subject customers to dubious or risky financial products or services.
Meesho’s Valuation Slashed by 10% Due To Fidelty Investments
The fair value of social commerce startup Meesho has been reduced by 10% in Fidelity Investments.
Asiana Airlines Stops Emergency Seat Ticket Sales
The unexpected opening of the door caused some passengers to have breathing difficulties, and some people were taken to a hospital after the landing
SBI receives Rs 2,000 notes worth Rs 14,000 For Deposit
Following demonetization which involved the withdrawal of Rs 2000 notes circulation by RBI, people are rushing to the banks to deposit the high-value note.
