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Morgan Stanley revises India's GDP growth to 7.2% in FY23
Morgan Stanley revises India's GDP growth to 7.2% in FY23

Chennai, With the global economic growth slowing, Morgan Stanley in its research report has revised India's gross domestic product (GDP) growth estimates to 7.2 per cent in FY23 from 7.6 per cent and 6.4 per cent for FY24 from 6.7 per cent.

According to the report, the consumer price index (CPI) to averag

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EV firm iVOOMi Energy to invest Rs 200 cr in new manufacturing unit, R&D
EV firm iVOOMi Energy to invest Rs 200 cr in new manufacturing unit, R&D

New Delhi,  EV company iVOOMi Energy on Monday announced to invest Rs 200 crore towards setting up a brand new manufacturing facility in Pune, along with creating more than 2,000 jobs and ramping up its research and development (R&D) efforts.

The new facility will be a fully-integrated electric two-w

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RBI seeks regulations on cryptocurrencies: Sitharaman in LS
RBI seeks regulations on cryptocurrencies: Sitharaman in LS

New Delhi,  Finance Minister Nirmala Sitharaman on Monday said in the Lok Sabha that the Reserve Bank of India (RBI) has recommended framing of regulations for cryptocurrencies. The Indian government wants an international collaboration if such a ban has to be put into effect, said Sitharaman.

"In v

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Breaking the stereotype was a crucial hurdle, say new unicorn 5ire founders
Breaking the stereotype was a crucial hurdle, say new unicorn 5ire founders

New Delhi, Founder and CEO of Blockchain platform 5ire, Pratik Gauri, along with and his partner Prateek Dwivedi who raised $100 million and attained the Unicorn status, said on Monday that breaking the stereotype was the crucial hurdle on their journey.

Back in India from their Malaysia meet, the duo was gre

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Parents fume as edtech platforms force them to buy online courses
Parents fume as edtech platforms force them to buy online courses

New Delhi,  As the government begins to take steps to fix edtech platforms like BYJU's, several parents have shared their plight on social media and professional networking platforms as representatives from online education providers continue to force them to buy courses.

The Ministry of Consumer Aff

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CARS24 sees high-profile exits as global CTO, business head move on
CARS24 sees high-profile exits as global CTO, business head move on

New Delhi,  Pre-owned e-commerce platform CARS24 on Monday saw some high-profile exits, including its global CTO Jitendra Agrawal and business head Kingshuk Sanyal who have left the company to pursue other things.

In a LinkedIn post, Agrawal who joined the company in July 2021, said he will be moving on

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Rupee just whisker away from 80 per dollar
Rupee just whisker away from 80 per dollar

Chennai,  The week opened for Indian rupee on a weak note against the US dollar with the latter hardening against it.

The rupee hit Rs 79.99 during the intra-day trade and closed at Rs 79.97 against the dollar.

"USD-INR spot closed 9 paise higher 79.97, a whisker away from all time hi

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All aircraft should be released for use only after certifying licence: DGCA
All aircraft should be released for use only after certifying licence: DGCA

New Delhi,  Aviation regulator Director General of Civil Aviation (DGCA) on Monday said all the aircraft at base and transit stations should be released by certifying staff holding licence with appropriate authorisation by their organisation.

The directive has come following a series of technical snag re

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YouTube suspends OPPO India's channel during launch livestream
YouTube suspends OPPO India's channel during launch livestream

New Delhi,  In a bizarre incident, OPPO India saw its YouTube channel being terminated on Monday during the live-stream of its much-anticipated flagship smartphones Reno 8 Pro and Reno 8, OPPO Pad Air tablet, and TWS earbuds.

YouTube pulled down the livestream in the middle of the launch event, allegedly

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Presidential poll: Trinamool, BJP spar over violation of norms
Presidential poll: Trinamool, BJP spar over violation of norms

Kolkata,  The West Bengal assembly on Monday witnessed verbal duels between the Trinamool Congress and the BJP with each party alleging violation of polling norms by the other.

Soon after the polling started on Monday morning, a total of 69 BJP legislators, led by the Leader of the Opposition in the West

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