A Gurgaon-based couple became India's first husband and wife to build their respective startups into enterprises with at least $1-billion valuation, also known as unicorns. Oxyzo Financial Services, a digital lending startup co-founded by Ruchi...

Global rating agency Fitch and the United Nations have slashed India’s projected economic growth for 2022. While the UN has downgraded the growth by over 2% to 4. 6%, Fitch slashed forecast to 8.5% for the fiscal 2022-23 from its earlier projection...

RBI’s foreign exchange reserves dipped for the second week as the central bank sold dollars to manage the volatility in the forex market arising out of the war in Ukraine. According to data released by the RBI, forex reserves fell by $2.6 billion...

Gujarat has emerged as the top state in the NITI Aayog’s 2021 Export Preparedness Index for the second time in a row followed by Maharashtra and Karnataka. All three states have performed consistently across pillars, thus consolidating solid...

Led by a strong push by Apple and Samsung to harness benefits and commitments under the government’s production-linked incentive scheme, exports of smartphones are set to cross the $5 billion mark in 2021-22, the record number coming in as companies...

With a fortnight to go, India's direct tax collections have topped the revised estimates for the current financial year on the back of robust growth across corporation and personal income tax segments. Data released by the CBDT pegged the net...

Future Retail (FRL) said it is “committed” to reversal of takeover of its stores by Reliance Retail and will initiate all such action as may be necessary to seek value adjustments. The Kishore Biyani-led firm also said the action of the Reliance...

Lenders to the debt-ridden Sintex Industries have approved Reliance Industries’ over £365 million bid for the Gujarat-based company. RIL, which has partnered stressed asset buyer Assets Care & Reconstruction Enterprise (ACRE) for the Sintex...