PhonePe has secured an additional $100 million investment from New York-based growth equity firm General Atlantic as part of its ongoing fundraising. With the latest tranche, the total investment by General Atlantic and its co-investors in Walmart-owned PhonePe is $550
The Employees’ Provident Fund Organization (EPFO) added 13.40 lakh net members in March this year, according to data from the Department of Labor and Employment. February added 13.96 lakh members to EPFO while January added 14.86 lakh subscribers under EPFO.
Global rating agency S&P Global Ratings has affirmed India’s short-term unsolicited foreign and local currency credit rating of BBB-/A-3, stating that India’s economy is performing well despite global challenges. It said that India’s economy is expected to post real GDP
In a world deluged with data on everything and everyone, the biggest problem facing executives today is making a decision. According to a new study — The Decision Dilemma — by Oracle and Seth Stephens-Davidowitz of The New York Times,
NEW DELHI: In contrast to 2016, the Government and the Reserve Bank of India see no challenge in exchanging Rs 2,000 notes, which remain legal tender, although the central bank has set a September 30 deadline for exchanging or depositing
Exports of engineering goods to Russia in April this year surged 11-fold year-on-year to $133.6 million, while markets in the U.S. and China continued to slide, the Engineering Export Promotion Council said on Saturday. Engineering exports to the CIS country
The Board of Directors of the Reserve Bank of India (RBI) has approved the transfer of ₹87,416 crore in surplus to the central government for the fiscal year 2022-23. The central bank also decided to raise the emergency risk buffer
The Reserve Bank of India (RBI) has announced it will withdraw a ₹2,000 banknote from circulation. The currency will remain legal tender before it is abolished in due course. “In order to complete the exercise on schedule and to allow
NEW DELHI: Renewable energy solutions provider Suzlon announced on Friday that it has secured a 69MW wind power project from Indian subsidiary Nordic Energy Company. This order is the fourth in a month for Suzlon’s new 3 MW series. NEW
MUMBAI: A senior travels with his wife in business class on one piece of luggage Air India flight from Newark to Mumbai On Wednesday, three hours later, he suffered an anxiety attack that caused him to scream and scream intermittently