Start-up

Mega boost to Indian startup ecosystem; $7bn in H1 2024, domestic funding, demand set to drive growth

Indian startups received nearly $7 billion in funding in the first half of 2024, indicating potential for growth. This growth is driven by domestic funding and demand, similar to the success seen in Silicon Valley and China. The Indian FMCG sector's growth, driven by rural demand and government initiatives, serves as an example of the potential for domestic demand to drive growth in the startup sector. Jul 4, 2024
JAISHANKAR

EAM Jaishankar raises issue of Indians recruited by Russian Army during meeting with Lavrov

External Affairs Minister (EAM) S. Jaishankar on Wednesday pressed for the safe and expeditious return of Indian nationals currently in the war zone in Ukraine during his meeting with Russian Foreign Minister Sergei Lavrov on the sidelines of the meeting of the Council of Heads of State of the Shanghai Cooperation Organisation (SCO) in Kazakhstan's capital Astana. Jul 3, 2024
exchnage

ERAM: Revolutionizing Exchange Rates for Importers, Exporters

The Central Board of Indirect Taxes and Customs (CBIC) has launched the Exchange Rate Automation Module (ERAM) to enhance trade facilitation. The ERAM will publish exchange rates of 22 currencies online in advance, replacing the existing manual process. Jun 28, 2024
AIR PORT

Delhi airport canopy collapses, blame game begins

The Delhi airport roof collapse left one person killed and four injured. The portion of Delhi Airport Terminal-1 was a "very serious incident" and DGCA will look into the matter thoroughly, said Civil Aviation Minister Ram Mohan Naidu Kinjarapu. Jun 28, 2024