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Bio-manufacturing, Bio-foundry will promote India’s green growth: Dr. Jitendra Singh

Sep 1, 2024

New Delhi, Sep 1 (IANS) Biomanufacturing and bio-foundry, which are part of the new BioE3 (Biotechnology for Economy, Environment and Employment) policy, will drive India’s green growth, said Dr. Jitendra Singh, Union Minister of State (Independent Charge) for Science and Technology.He said this while formally releasing the pathbreaking new…

UPI transactions rise 41 pc to touch record 14.96 billion in August: NPCI

Sep 1, 2024

New Delhi, Sep 1 (IANS) The Unified Payments Interface (UPI) saw 41 per cent growth (year-on-year) at record 14.96 billion transactions in the month of August, as total transaction amount touched Rs 20.61 lakh crore -- a 31 per cent YoY…

Business

31 Indian startups secured over $466 million this week, 75 pc jump

Sep 1, 2024

New Delhi, Aug 31 (IANS) At least 31 homegrown startups raised more than $466 million in 22 deals this week, a significant 75 per cent rise from last week.Quick e-commerce platform Zepto raised $340 million in a follow-on financing round,…

Business

Zudio by Trent, FWD by Myntra, Urbanic, Shein: Who will stand tall in GenZ fashion game in India?

Sep 1, 2024

New Delhi, Aug 31 (IANS) In a dynamic market, where top fashion players, both existing and new, are eying India's big Gen-Z fashion opportunity, it will be worth watching who will exceed the expectations of today's trend-seeking consumers.…

Business

FPIs buying in Indian debt market as rupee remains stable this year

Aug 31, 2024

New Delhi, Aug 31 (IANS) Foreign portfolio investors (FPIs) have increased buying in the Indian debt market because the rupee has been stable this year and the stability is expected to continue, market watchers said on Saturday.Bulk of the…

Business

Proptech platform Square Yards suffers about Rs 737 crore loss in last 3 fiscals

Aug 31, 2024

New Delhi, Aug 31 (IANS) While some new-age internet and tech companies continue to clock revenue growth, their losses are also soaring and proptech firm Square Yards is a perfect example. In the last three fiscals, the company has…

Business

PM Modi flags off three Vande Bharat trains

Aug 31, 2024

New Delhi, Aug 31 (IANS) Prime Minister Narendra Modi virtually flagged off three new Vande Bharat trains on Saturday to enhance connectivity on three routes -- Meerut-Lucknow; Madurai-Bengaluru; and Chennai-Nagercoil and to save the time…

Business

Market weekly round-up: Nifty logs best week in two months, led by IT stocks

Aug 31, 2024

Mumbai, Aug 31 (IANS) Indian equity indices witnessed a stellar rally this week. Due to strong domestic and global cues, Nifty and Sensex posted around 1.6 per cent gains between August 26 and August 30.In the last trading session, Nifty…

Business

Freedom of speech under massive attack: Musk on X ban in Brazil

Aug 31, 2024

San Francisco, Aug 31 (IANS) Tech billionaire Elon Musk on Saturday said that freedom of speech is under massive attack around the world, after Brazil's Supreme Court Justice Alexandre de Moraes ordered to block his social media platform X…

Business

Portuguese social security surplus shrinks slightly amid rising costs

Aug 31, 2024

Lisbon, Aug 31 (IANS) Portugal's Social Security system recorded a surplus of 2,712.4 million euros by the end of July 2024, slightly down from 2,756.0 million euros in the same period last year, according to figures released by Portugal's…

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