In its most recent monthly economic report, the Finance Ministry stated that India faces near-term problems in managing its fiscal deficit due to a variety of global challenges.  It also stated that increased welfare and subsidy spending, as well as a reduction in gasoline excise duty, had increased the gross budget deficit risk. “As government […]

According to all-women third-party logistics start-up Even Cargo, e-commerce companies are increasingly opting for women in last-mile delivery roles because they see a decrease in accidents and thefts, turnover and absenteeism rates, as well as increased customer satisfaction and operational efficiency. At the height of the e-commerce boom in 2016, the start-up was created to

In the last 24 hours, cryptocurrency markets have seen a small uptick. According to CoinMarketCap data, the global market cap increased by 0.91 % in the last 24 hours to $1.30 trillion as of 7:50 IST. Bitcoin is currently priced at $30,150, up 0.46 %. Ethereum is now priced at $2,067, up 1.30 %. The

Minister for IT and Communications Ashwini Vaishnaw stated on Thursday that the Indian startup ecosystem has garnered global recognition and respect, and she urged startups and entrepreneurs to develop inclusive new-age solutions to improve the lives of the poor and marginalised. The minister referred to startups as “accelerators,” saying that the combination of their multiplier

Mudrex, a global crypto asset management platform, reported a 2400% increase in its user base in the first quarter of 2022. Indian users contributed the most to this growth, accounting for more than 80% of all users. Mudrex is a crypto asset management company that takes a methodical approach to learn about cryptocurrency investing. The

In its latest World Economic Outlook report, released on Tuesday, the International Monetary Fund lowered its forecast for India’s FY23 GDP growth to 8.2% from 9%, owing to a combination of weaker domestic demand (as higher oil prices are expected to weigh on private consumption and investment) and a drag from lower net exports. In

Udaan, a B2B e-commerce firm, may go public on local stock exchanges early next year. According to Aditya Pande, Udaan’s Chief Financial Officer (CFO), the company is on track to go public in the next 12-18 months. BusinessToday. Pande’s note to staff was accessed, in which he also announced Microsoft’s participation in the capital raise

In the last 24 hours, cryptocurrency markets have been on the decline. According to CoinMarketCap data, the global market cap has dropped 1.73% in the last 24 hours and is now $1.8 trillion as of 8:00 a.m. IST. Bitcoin is currently priced at $39,782, down 1.45%. Ethereum is now priced at $2,993 after falling 2.02%.

The chairman and managing director of PVR Ltd., Ajay Bijli, is an accomplished singer who just released a music video with his band Random Order. ‘Don’t let the sun go down on me,’ was first performed by Elton John in 1974. For Bijli, who has been singing the song since he was a toddler, it

In the previous 24 hours, cryptocurrency markets have plummeted. According to CoinMarketCap data, the global market cap has dropped 2.87 % to $1.87 trillion as of 8:00 a.m. IST. Bitcoin is currently priced at $40,033, down 3.32 %. Ethereum is now trading at $3,025, down 3.42 %. In the last 24 hours, the USDT Tether