Category: Business

MUMBAI: Nearly three years after splitting from its Silicon Valley parent Sequoia Capital, Peak XV Partners (formerly Sequoia Capital India and Southeast Asia) has raised $1.3 billion for a clutch of funds to bet on startup founders building in India and the broader APAC region. The capital will be deployed across three funds–India seed, India […]

India found itself directly referenced in a landmark US Supreme Court judgment limiting presidential tariff authority, after justices examined how tariffs imposed under emergency powers were used as tools of foreign policy– including pressure linked to Russian oil imports.The ruling in Learning Resources, Inc. v. Trump held that the International Emergency Economic Powers Act (IEEPA) […]

“I can do anything I want,” Donald Trump declared in his address as his first reaction to the Supreme Court’s landmark ruling on Friday, a major setback to his second stint in the presidency.“There are methods that are even stronger available to me,” he said in his White House address.Trump also said he was “absolutely […]

NEW DELHI: IndiGo has finally started acting against officials who were seen to be responsible for last Dec flight fiasco. The airline on Friday appointed Captain Rohit Rikhye as the head of its operations control centre (OCC), removing Jason Herter from the position. The Directorate General of Civil Aviation (DGCA) had in its report on […]

NEW DELHI: India on Friday reiterated its position on Russian oil purchases and the possibility of sourcing crude from Venezuela, after remarks by US envoy Sergio Gor. Clarifying New Delhi’s stance, ministry of external affairs spokesperson Randhir Jaiswal said India would consider Venezuelan crude if it was “commercially viable,” reaffirming the government’s earlier position on […]

Growth in India’s eight core infrastructure sectors slowed to a two-month low of 4 per cent in January, according to official data released on Friday, reflecting weakness across most key industries. The growth rate stood at 5.1 per cent in January 2025 and 4.7 per cent in December 2025, PTI reported.Crude oil and natural gas […]

US economic growth cooled more than expected in the final months of 2025, official estimates showed on Friday, marking a slower end to the first year of Donald Trump’s return to the presidency.The world’s largest economy expanded at an annualised rate of 1.4 per cent in the October–December quarter, the US Department of Commerce said, […]

The government on Friday announced seven measures, including credit assistance for e-commerce exporters and support for alternative trade finance instruments, aimed at boosting India’s outbound shipments and strengthening export competitiveness.The initiatives form part of the Rs 25,060 crore export promotion mission, under which three of the 10 proposed components had already been rolled out in […]

Foreign exchange reserves climbed sharply to a new record level in the week ended February 13, rising by $8.663 billion to $725.727 billion, the Reserve Bank of India (RBI) said on Friday, PTI reported.The latest increase follows a decline of $6.711 billion in the previous reporting week, when the reserves had slipped to $717.064 billion. […]

Benchmark equity indices rebounded on Friday after the previous session’s sharp sell-off, with the Sensex rising 316 points and the Nifty ending above the 25,550 level, supported by buying in banking and metal stocks.The 30-share BSE Sensex climbed 316.57 points, or 0.38 per cent, to settle at 82,814.71. During the day, the benchmark gained 633.94 […]