Business News
MSME: The Past and The Prospect
The micro small & medium enterprises act as the backbone of the country, keeping the economy flowing as well as providing quality services to the masses
Finance | Page 4
Business News
4 Takeaways For The Workforce From The Union Budget 2024
During the Monsoon Session of Parliament on Tuesday, Finance Minister Nirmala Sitharaman presented the Union Budget 2024–25. Breaking the record set by former prime minister Morarji Desai, who presented six consecutive budgets as finance minister between 1959 and 1964, Nirmala Sitharaman became the first finance minister to make seven consecutive budget addresses.
By Kavya Pillai
Business News
End of Angel Tax: Investor Community Celebrates as Government Abolishes Controversial Act
Much rejoicing was seen in the startup community and especially among the industry leaders from the 'Funds' side of things, as the Indian Central Government abolished what was known as 'Angel Tax' in a historic budget announcement led by Finance Minister Nirmala Sitharaman.
Business News
Union Budget 2024: FM Nirmala Sitharaman Gives Boost to MSMEs
Finance Minister Nirmala Sitharaman announced the Budget for 2024, giving a significant boost to MSMEs through a self-financing guarantee fund providing coverage of up to INR 100 crore per applicant
Business News
Miles To Go Before Achieving Efficient Spending in Battling Pollution: CSE Report
According to a report called 'National Clean Air Programme: An Agenda for Reform' by the think tank Centre for Science and Environment (CSE) reported that only 64 per cent of the total funds to tackle industrial pollution and dust pollution, allotted to 131 cities had been spent so far.
Business News
Terra Invest takes an innovative approach to bringing policy and investing together
This week marks a significant milestone for Terra Invest, an innovative investment firm that has officially launched operations in both the City of London and the United Arab Emirates (UAE).
By Ramsy Swamy
Business News
Will Nirmala Sitharaman Go Soft on Crypto in Her 2nd Term as FM?
The harsh treatment of 30 per cent tax on profit and one per cent VDA coupled with India's decision to not yet ban the currency has left many in a fix. So, what does the coming times mean for crypto players in India
Business News
Investors’ perspective: Can the new government mean fresher opportunities?
As the new government is formed, India looks at a fresh government and hopefully, a fresher approach that helps the country stand out from the firm competition in the global business ecosystem.
Business News
What Is Family Floater Health Insurance?
Medical emergencies are known to drain hard-earned savings in one go. Financial setbacks are unavoidable if you don't plan for such crises well in advance. This is where buying health coverage is recommended. But what if you have a family, comprising senior citizen parents, kids, and a spouse?
By Ramsy Swamy
Business News
100X.VC Invests $2.7 Mn In 17 Startups
With the completion of Class 11, 100X.VC now has a total of 161 investments since the launch of the fund in July 2019
Business News
Fintech Startups Welcome RBI’s SRO Framework
The framework acknowledges the rapid innovation and growth within the fintech landscape and the need for a balanced regulatory approach
Business News
Mamaearth Leads Honasa’s Profitability
Demonstrating resilience and agility, the parent company of Mamaearth, Honasa Consumer Limited, witnessed revenue from operations grow for the quarter at 21.5 per cent year-on-year and for the year at 28.6 per cent YoY
Business News
Rising Ultra-Rich in India: Investment Prospects Amid Financial Challenges
It is crucial for people with limited earnings to focus on preserving and managing their wealth well
Business News
From Meager to Mighty: India Holds 60% of Global Vaccine Production
From the bustling urban hospitals in metropolitan cities to the rural health clinics in remote villages, India's healthcare system is a study in contrasts. FICCI-EY report – 'Decoding India's Healthcare Landscape' notes the leaps and bounds India has taken in the context of the healthcare sector.
Business News
Up the Ante: Ravi Kumar, Cofounder and CEO, Upstox
Upstox's primary goal is to help Indians invest right and help them leverage India's growth story through equity markets
Business News
Winvesta: Cross-border Financial Enabler
Incorporated in London in August 2019 by Swastik and Prateek Jain, Winvesta aims to make global banking and investments accessible to every Indian.
Business News
Avanti Finance: The Micro Loans Lender
With support from some of the biggest names in Indian business, including Ratan Tata and Nandan Nilekani, Avanti Finance was founded in 2018 with the goal to provide timely, reasonably priced financial services to the next 100 million underserved or underprivileged households.
Business News
LenDenClub: The P2P Digital Lender
The Mumbai-based lending startup provides various loan types, such as personal, business, and medical loans.
Business News
SafexPay: The Payment Resolver
With the aim of focusing on handling payment-related difficulties, Mumbai-based SafexPay was founded in 2017 by Ravi Gupta.
Business News
Pazcare: Employee Benefits Partner
Founded in 2020, the Bengaluru-based startup claims just not to be an insurtech and fintech company; it has grown to become a comprehensive employee benefits partner.
Business News
Bajaj Auto Net Profit Up By 18%
Net profit stood at INR 2,011.43 crore for the fourth quarter of FY2023-24 compared with INR 1,704.74 crore reported during the same period last year
Business News
Affordplan: The healthcare-focused financier
Launched in 2016, the Gurugram-based Affordplan aims to use creative finance solutions to make healthcare affordable for millions of people.
Business News
Plum: The Lifelong Fintech
Plum is the leading insurtech platform in India, offering more than 3500 organizations business insurance and group health insurance solutions. Additionally, it just unveiled "e-imburse," a digitally first approach to reimbursement claims.
By Kavya Pillai
Business News
Meet the Merchant Mate: Raman Khanduja, Co-Founder and CEO, Mintoak
Khanduja thinks that what SMEs truly need is a consolidated platform that streamlines their operations
Business News
CASHe: The Instant Credit Fintech
The post-pandemic growth of CASHE, a platform for personal loans and credit lines, is obvious in its scale, which surpassed Rs 560 crore in the most recent fiscal year. In India, millennials and Gen Z are the target market for the personal loan and digital lending platform CASHE.
By Kavya Pillai
Business News
Meet the CEO Simplifying Crypto for Everyone
Markuss Jonans was frustrated when he first started investing in crypto. He grew more andmore disheartened with every tedious on-boarding process for the multiple exchanges, wallets,and tools he wanted to use. Investing in crypto was harder than it needed to be so he set out to fix that.
Business News
RBI Keeps Repo Rate Unchanged for 7th Consecutive Time
The previous change in the key rate took place in February 2023 when the apex body hiked the repo rate by 25 basis points to 6.50 per cent from 6.25 per cent.
By Priya Kapoor