India's share of total global venture capital (VC) funding fell to 2.9 per cent in calendar year 2023 (CY23) - the lowest since CY19 - reaching $7.3 billion as most startups struggled to raise money without compromising on their earlier valuations. Based on global data by CB Insights on VC funding, funding to Indian startups fell by nearly a third compared to CY22 when it hit $20.6 billion and accounted for 4.8 per cent of the global figure. While the data shows that the world had 71 new unicorns (21 in Asia), India contributed only two of them, as compared with CY22 when it had 22.
Lt Colonel KS Natt was cremated with full military honours in Jalandhar earlier in the day.
Three private gunmen hired by Rathee for security also suffered injuries in the attack.
Ashutosh Sharma revealed he didn't know where his career was heading during the time between 2020-22 when he fell out of favour with MP coach Chandrakant Pandit.
India will be looking for another favorable result to extend their lead in the World Test Championships standings.
One of the teams rescued two lion cubs that had fallen into an open well in Jasadhar Range of Gir East division during the cyclone's landfall on Thursday evening, the official said.
'What happens in the real estate market is that once the prices go up it goes on to stay at that level.' 'It might not increase and at the same time the prices will not come down too.'
The rhetoric that we are fed daily needs to be measured against performance and the facts. That is not happening, points out Aakar Patel.
'For experienced and risk-taking investors, now may be the time to go all in.' 'By 'experienced and risk-taking', I refer to those who remained net buyers in equities during the early stages of the 2020 pandemic.' 'On the other hand, those who exited the markets during the pandemic may go the SIP way.'
'Ameen Sayani was copied by generations. Now everyone is trying to become smaller Ameen Sayanis in their own way.'
The froth in the small and midcap (SMID) space is limited to a few pockets, but regulatory scrutiny could lead to sustained volatility, observe India's top-drawer wealth managers. They add that they have been advising clients to reduce their exposure to smallcaps. Anand Rathi Wealth, which manages investor wealth through mutual funds (MFs), reports that its exposure to smallcap stocks, both through MFs and directly, has decreased by nearly 7 percentage points in the past few months, now standing at 23 per cent.
Denver Nuggets beat the Miami Heat 94-89 to bring a first NBA title to Mile High City.
Can the launch of smartphones under its own brand name by Finnish company HMD Global - despite having a licence to use the Nokia brand which it bought from Microsoft - help it regain its once dominant position in the mobile phone sweepstakes in India, where it was once routed? In 2009, Nokia was the country's largest MNC with revenues of $4 billion and a market share touching 80 per cent in 2010. After this, its fortunes fell. Although it had been the first global player to set up an assembly plant, not only to assemble phones for the local market but for exports, it had to shut down operations in 2014.
When billionaire Warren Buffet started his first fund in 1956 with eleven investors, he invested a token amount of $100 of his own money as "skin in the game". Buffet denies it but he is credited with coming up with the term describing those running a fund risk some of their own money in it. The mutual fund (MF) industry has more than Rs 81,200 crore riding on its schemes, shows a Business Standard analysis of data on sponsor and associate contributions from the Association of Mutual Funds in India (Amfi).
Former Reserve Bank Governor Raghuram Rajan said India will still remain a lower middle country if the potential growth rate remains at 6 per cent annually without any rise in population by 2047 (Amrit Kaal) and will be reaching the end of the demographic dividend by then. Speaking at a programme organised by Manthanon on Saturday, the economist said if the country does not grow faster, it will grow older (demographically) before it gets richer, which means there is the burden of an aging population to deal with also at that point. Rajan said the GDP growth in India for the past two quarters was in the region of 7.5 per cent and if one looks at the labor force participation, it is very low and when it comes to female participation, "it is the lowest in the G20".
Counterpoint Research estimates that Xiaomi will end CY23 with a volume market share in CY23 to 15 per cent, pushing the Chinese company, which has faced numerous challenges and scrutiny from investigative agencies, to the third place.
'It is necessary to have a person at the top who can make strict decisions without hesitation. Modiji has done that.'
Ravichandran Ashwin and Ravindra Jadeja were ignored by the national selectors for the third time in a row as they continued with the younger crop for the ODI series against New Zealand.
A notification in this regard was issued on Thursday evening which further said that these six MLAs ceased to be members of Himachal Pradesh legislative assembly with effect from February 29.
An improvement in political relations, anchored in a restoration of peace and tranquillity at the border, could open up opportunities for expanded economic and commercial relations between them, suggests former foreign secretary Ambassador Shyam Saran.
Bangladesh beat New Zealand by five wickets in the opening Twenty20 International at McLean Park, Napier, on Wednesday after dismissing the hosts cheaply for the second time in four days.
The Army on Monday commemorated the 75th anniversary of the International Day of UN Peacekeepers by paying homage to the fallen soldiers at the National War Memorial in New Delhi.
For India, it is a symbol of will and a successful feat of arms.
Nidhi Shah has a wardrobe that her 2.2 million Insta fans have fallen head-over-heels in love with.
'When manufacturing or even services cannot generate the kind of employment they are looking for, they prefer to be unemployed rather than under-employed.'
'While I was performing it, I had a weird feeling that people would love it because it's so bizarre.'
'Personal income tax is growing by 27 per cent and most refunds have already been issued.'
At least 15 Israeli soldiers have been killed during the ground invasion in Gaza since Tuesday as its forces press deeper into the enclave, attacking dozens of targets affiliated with its Hamas terror group, The New York Times reported citing the Israeli military.
You will be as smitten with this Singaporean soup as I was.
India Women succumbed to their sixth consecutive defeat and eighth in a row at home
"No Sir" was the prompt reply of Colonel Manpreet Singh when he was offered a peace posting upon his promotion in 2021. Instead, he volunteered to stay and command the 19 Rashtriya Rifles, a battalion credited with major kills of terrorists including Hizbul Mujahideen poster boy Burhan Wani.
Nair is only the second Indian after Virender Sehwag to score a triple-hundred for India in Test cricket. He achieved the feat in December 2016, scoring an unbeaten 303 in his third Test against England in Chennai.
More than 40 people, mostly women, were injured after security forces fired several rounds of teargas shells to disperse thousands of protesters who tried to breach security barricades at Phougakchao Ikhai in Manipur's Bishnupur district on Wednesday, officials said.
Shubman Gill had twin challenges to tame when he entered the Test series against England -- a barren run that gripped him for nine innings, which was made grimmer when he dropped down to bat at a rather new No. 3 slot at this level.
At the moment, Pakistan's World Cup campaign is stuck against a huge boulder primarily because of their bowlers' inability to fire as a unit, the latest setback being a 62-run defeat against Australia in Bengaluru.
Here, Reuters Sport highlights five reasons why last season's double winners have collapsed.
Khichdi needs a lot more masala, observes Deepa Gahlot.
India captain Rohit Sharma including mainstays Virat Kohli, Jasprit Bumrah and Ravindra Jadeja have placed in the highest category of BCCI central contracts.
Rahul Dravid doesn't want to be "too harsh" while judging the younger crop of batters but the India head coach wants them to develop their own methods for countering spin-friendly conditions.
