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Feb manufacturing PMI at 4-month low

Manufacturing

01 March, 2023

Feb manufacturing PMI at 4-month low

India's manufacturing sector expanded at the slowest pace in four months in February but remained relatively strong ......

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Deals Digest: Deal volume halves as funding slumps this week

TMT

17 February, 2023

Deals Digest: Deal volume halves as funding slumps this week

Deal volume nearly halved as venture capital and private equity funding activity saw a slight dip this week. Besides, ......

RBI asks Ienders for details of exposure to Adani Group

Finance

02 February, 2023

RBI asks Ienders for details of exposure to Adani Group

The Reserve Bank of India (RBI) has asked local banks for details of their exposure to the Adani Group of ......

BharatPe gets nod to become online payment aggregator

Finance

10 January, 2023

BharatPe gets nod to become online payment aggregator

Fintech unicorn BharatPe has received an in-principle approval from the Reserve Bank of India (RBI) to operate as a ......

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Fintechs get on the job to comply with RBI lending norms

Finance

08 December, 2022

Fintechs get on the job to comply with RBI lending norms

Even though digital lending platforms made structural and functional changes to comply with most of the latest lending ......

RBI to launch first pilot of retail digital rupee on 1 December

Finance

29 November, 2022

RBI to launch first pilot of retail digital rupee on 1 December

The Reserve Bank of India (RBI) on Tuesday announced a pilot for retail central bank digital currency (CBDC) on 1 ......

Yes Bank acquires 9.9% stake in JC Flowers, applies for additional stake buy

Finance

29 November, 2022

Yes Bank acquires 9.9% stake in JC Flowers, applies for additional stake buy

Yes Bank has initially acquired a 9.9% shareholding in JC Flowers ARC. The lender said that it plans to acquire ......

Digital documentation firm Leegality snags $5 mn from existing investors

TMT

19 October, 2022

Digital documentation firm Leegality snags $5 mn from existing investors

Digital documentation platform Leegality has raised $5 million (around Rs 40 crore) in a Series A funding round from ......

Rupee plumbs fresh low at close amid risk-off mood

Finance

26 September, 2022

Rupee plumbs fresh low at close amid risk-off mood

The Indian rupee marked its record low close for a fourth straight session on Monday as the British pound's weakness......

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The rationale behind Fed's 75 bps hike and how it may hit our day-to-day

Finance

26 September, 2022

The rationale behind Fed's 75 bps hike and how it may hit our day-to-day

Last Wednesday, the US Federal Reserve increased the federal funds rate, its key short term interest rate, by 75 basis ......

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