[ad_1] Operating with limited resources and aggressive growth targets, a cash flow crisis can easily trigger a death spiral for a startup. Byju’s, once valued at $22 billion, faced a severe cash flow crisis stemming from aggressive expansion, leading to insolvency proceedings and a significant...
[ad_1] The Indian rupee hit an all-time low on Friday and was the worst performer among major Asian currencies in January, hurt by portfolio outflows, expectations of a rate cut and the uncertainty about U.S. trade tariffs. The rupee hit a low of 86.6525 per...
[ad_1] Ease of Doing Business (EoDB) should be a state-led initiative rather than being a mandate of the Central government since they have exclusive jurisdiction to regulate several subjects such as land, buildings, water, etc., said the Economic Survey 2024-25, tabled on Friday by Union...
[ad_1] Amid a debate over 70-90-hour work week, the pre-Budget Economic Survey on Friday cited studies to state that spending over 60 hours a week on work could have adverse health effects. The survey noted that spending long hours at one's desk is detrimental to...
[ad_1] Marico Ltd on Friday reported 4% year-on-year (YoY) growth in its consolidated net profit at Rs 399 crore in the third quarter. The same stood at Rs 383 crore in the last year period.Revenue from operations in the same period increased 15% YoY to...
[ad_1] Indian apparel exports do not get a level playing field compared to their competition, the Economic Survey 2024-25 stated on Friday. The survey noted that while the textile & apparel industry contributes 2.3 per cent to India’s gross domestic product (GDP), 13 per cent...
[ad_1] The inclusion of Indian government bonds, ‘Fully Accessible Route (FAR) bonds’, in the Bloomberg Emerging Markets (EM) Local Currency Government Indices commences today, on January 31, aiming to regain the inflow momentum observed earlier in 2024.The inclusion will take place over a course of...
[ad_1] Bank credit to micro, small, and medium enterprises (MSMEs) has been increasing at a faster rate than that to large enterprises across industries, according to the Economic Survey, tabled by Union Finance Minister Nirmala Sitharaman in the Lok Sabha on Friday.The credit to MSMEs...
[ad_1] New Delhi: President Droupadi Murmu on Friday said the government is working towards modernisation and self-reliance in the agriculture sector while focusing on boosting farmers' income. Addressing the joint sitting of Parliament, Murmu highlighted that India achieved a record foodgrain production of 322 million...
[ad_1] India has one of the largest startup ecosystems in the world and is expected to witness sustained growth in the coming years. As per data from the Ministry of Micro, Small & Medium Enterprises, as of January 2025, the number of MSMEs registered on...