Clipped from: https://www.business-standard.com/article/opinion/start-up-slowdown-122071000495_1.html *Raising funds is becoming difficult Around last year this time, unicorns (essentially tech-focused start-ups with a valuation of $1 billion or more) were popping up
Category: ART
*12 million child marriages rival the population of J&K, shows data | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/12-million-child-marriages-rival-the-population-of-j-k-shows-data-122071000505_1.html As many of 7.84 million (65 per cent) married children were female, reinforcing the fact that girls are significantly more disadvantaged Photo: Shutterstock
*******Govts should mobilise more domestic resources via tax reforms: Albert Park | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govts-should-mobilise-more-domestic-resources-via-tax-reforms-adb-official-122071000419_1.html In an Q&A, ADB Chief Economist Albert Park tells that countries in region may not be able to carry on with large expenditures
Despite structural inequality, small acts of kindness have value | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/despite-structural-inequality-small-acts-of-kindness-have-value-8021318/ Our society is unequal and no amount of do-gooding will bring about any significant structural change. But that does not mean that one
How will a US recession play out for India, other emerging markets? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/how-will-a-us-recession-play-out-for-india-other-emerging-markets/articleshow/92789413.cms Synopsis Since the peak in October 2021, the Indian market has been in correction mode, with over $40 billion in FPI selling. That’s
How hackers are using YouTube videos to trick people into installing malware – Times of India
Clipped from: https://timesofindia.indiatimes.com/gadgets-news/explained-how-hackers-are-using-youtube-videos-to-trick-people-into-installing-malware/articleshow/92720155.cms The malware that is being spread using the Youtube videos is called PennyWise which is capable of stealing all kinds of user data
As external environment becomes challenging, RBI moves to boost inflows, anticipating pressures ahead | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/rbi-moves-to-boost-inflows-anticipating-pressures-ahead-8015851/ For the entire first quarter, the deficit was more than double the level observed last year, and many analysts are now expecting the
*Startup funding declines 40 per cent in April-June: PwC report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/startup-funding-declines-40-per-cent-in-april-june-pwc-report/article65623009.ece The decline can be attributed to a global slowdown, decrease in tech stock valuations, inflation, and geopolitical instability Geo-political instability appears to be
*RBI survey sees credit demand improving in next three months – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-survey-sees-credit-demand-improving-in-next-three-months/article65623171.ece Demand will be on the back of recovery in GDP growth, higher consumer spending, pick up in manufacturing sector activity Mumbai, July 10
*Rural India is struggling with shortage of doctors, paramedical staff – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/deep-dive/rural-india-is-strugglingwith-shortage-of-doctors-paramedical-staff/article65623110.ece The tale of empty hospitals is due to a lack of incentives extended to doctors prompting them not to work in rural health
*India gave unprecedented support of $3.8 bn this year to Sri Lanka: MEA | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/india-gave-unprecedented-support-of-3-8-bn-this-year-to-sri-lanka-mea-122071000352_1.html India stands with people of Sri Lanka as they seek to realise aspirations for prosperity and progress through democratic means, values, says Ministry
*Chartered accountants under the lens as India ups Chinese scrutiny – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/chartered-accountants-under-the-lens-as-india-ups-chinese-scrutiny/articleshow/92783296.cms Synopsis The Ministry of Corporate Affairs has started the process of inspecting books of accounts of more than 500 Chinese companies, a person
Recession: Feeling miserable: For many, it’s already starting to feel like a recession – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/feeling-miserable-for-many-its-already-starting-to-feel-like-a-recession/articleshow/92778980.cms Synopsis Jumbo hikes were the theme of the week in other countries as well, like Hungary and Pakistan, as policy makers work to
*Narayana Murthy | Infosys: Narayana Murthy shares 9 lessons learnt as an entrepreneur from his Infosys days
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/narayana-murthy-shares-9-lessons-learnt-as-an-entrepreneur-from-his-infosys-days/articleshow/92782337.cms Synopsis The first and the most important lesson that Murthy and the Infosys team learnt was the importance of articulating values and practising
Sri Lanka Economy: EXPLAINER: Why Sri Lanka’s economy collapsed and what’s next – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/world-news/explainer-why-sri-lankas-economy-collapsed-and-whats-next/articleshow/92780857.cms Synopsis Sri Lankans are skipping meals as they endure shortages and lining up for hours to try to buy scarce fuel. It’s a
*FPIs take out over Rs 4,000 cr from equities in July so far; pace of selling slows – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/fpis-take-out-over-rs-4000-cr-from-equities-in-july-so-far-pace-of-selling-slows/articleshow/92780150.cms Synopsis Himanshu Srivastava, Associate Director – Manager Research, Morningstar India, however, believes that the decline in the pace of net withdrawal by FPIs
*******RBI allows more FPI access to Indian bonds, but returns may not lure flows | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-allows-more-fpi-access-to-indian-bonds-but-returns-may-not-lure-flows-122070801053_1.html Treasury officials believe the move may not work as rising interest rates abroad and high domestic inflation have eroded returns from Indian fixed-income
*****3 companies bag payment aggregator permit – Times of India
lipped from: https://timesofindia.indiatimes.com/business/india-business/3-companies-bag-payment-aggregator-permit/articleshow/92758848.cms MUMBAI: The RBI has given in-principle approvals to Pine Labs, Razorpay and Stripe for a payment aggregator licence. Over 160 operators have shown
*Zerodha CEO Nithin Kamath says Sebi rules protect Indians when US markets catch cold – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/zerodha-ceo-nithin-kamath-says-sebi-rules-protect-indians-when-us-markets-catch-cold/articleshow/92754313.cms Synopsis In a thread on Twitter, Kamath said most of the Sebi regulations have hurt the revenues of brokers in the short term
*******The heat is on: Hard to see when the pressure on the rupee will ease, despite RBI’s efforts | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-heat-is-on-hard-to-see-when-the-pressure-on-the-rupee-will-ease-despite-rbis-efforts/2585524/ Last Friday, they increased the import duties on gold and imposed an export tax on petroleum products; there was an immediate reaction with