The collapse of Silvergate Bank, Silicon Valley Bank (SVB) and Signature Bank in the US might create temporary liquidity issues but will not have any significant impact on the Indian crypto market in the long run, officials from several exchanges told Business Standard. All three banks are considered crypto-friendly. SVB offered services such as cryptocurrency custody and lending.
Mehdi said he made a mistake by crossing over to the AAP and asserted that he is a "loyal worker" of the Congress and Rahul Gandhi
Twinkle gets a makeover... Kangana reads a book...
The Bharatiya Janata Party swept three of the four wards in the Patparganj assembly segment and all three in the Shakur Basti constituency held by senior Aam Aadmi Party leaders Manish Sisodia and Satyendar Jain -- both targets of sustained attacks over corruption by the saffron party -- in the MCD elections.
What inspires Designer Amit Aggarwal and why is his flagship Mumbai store so special?
Kajol goes to Vaishnodevi... NTR Jr and Ram Charan shoot in Mumbai... Esha meets up with Rafa Nadal...
Meet the celebs who attended Designer Anamika Khanna's show at FDCI x Lakme Fashion Week.
After raising interest rate by a cumulative 250 basis points in 11 months, the Reserve Bank of India (RBI) on Thursday unexpectedly kept benchmark rate unchanged as global banking woes added uncertainty to the economic outlook. Five out of six members of MPC voted to remain focused on the withdrawal of accommodation to ensure inflation aligns with target while focusing on growth, RBI Governor Shaktikanta Das said on Thursday. The Monetary Policy Committee of the central bank decided to take a pause after a rate hike seen in previous six consecutive policies.
For a segment that thrives on promise more than performance, the country's start-up ecosystem is refusing to get carried away by the funding this calendar year. This has created the highest level of uninvested venture capital in seven years as investors wait for corrections in the working and - more importantly - valuation of start-ups while looking for cockroaches instead of unicorns. "Investors are now keen to invest in companies that have good top and bottom lines.
Gianiji had crafted his moves with the meticulous planning of a chess grandmaster. He did not know whether a checkmate was feasible, as his time was running out, but he wanted Rajiv Gandhi to smell the fear of loss. A fascinating excerpt from K C Singh's The Indian President: An Insider's Account of the Zail Singh Years.
The deceased Sankar attacked constable Mubarak with a sickle when he was brought to the place of the incident for 'recovery' (of drugs) by a police team following his earlier arrest, City Commissioner Mahesh Kumar Aggarwal said.
Housing sales hit an all-time high this year to nearly 3.65 lakh units across seven major cities, beating the previous high of 2014, on strong demand for residential properties despite a hike in mortgage rates, according to Anarock. The prices of residential properties have risen in the range of 4-7 per cent primarily due to an increase in the input costs and demand comeback post-COVID, it said. Releasing the demand-supply data of India's top residential primary (fresh sale) markets, property consultant Anarock said that the housing sales rose 54 per cent this year to 364,900 units as against 236,500 units in 2021 across the seven cities -- Delhi-NCR, Mumbai Metropolitan Region (MMR), Chennai, Kolkata, Bengaluru, Hyderabad and Pune.
'If a taxpayer opts for the new tax regime once, he can only switch back to the old tax regime once in his lifetime.'
Harshit Aggarwal defeated Mongolia's Batdavaa Munkhbat 21-15, 21-13 to be pitted against Japan's third seed Kodai Naraoka in the third round.
'Through volume numbers and unit sales one can see, we are not making a loss'
Several changes were made to the new income-tax regime in Budget 2023. The old income-tax regime was not tinkered with and is still available.
As much as 35 per cent to 40 per cent of all vehicles sold in the country across segments will be electric by 2030, up from a mere 2 per cent this year, says a Bain & Co report released today. This translates to 14-16 million new electric vehicles (EVs) selling in a year. The inflexion point, which is now being seen month on month in many segments (such as two-wheelers which hit around 4-5 per cent in December), will be more than visible in 2026, when 4-5 million EVs across segments are expected to be sold, accounting for 15-20 per cent of the total sales, says the report.
Here's looking at all the hot looks that made waves in 2020.
Take a cue from these celebs on how to dress for the festive season.
Mamata's fangirl moment with Raveena... Bhumi meets Smriti... Ashwiny praises Saiyami...
Rediff.com Contributing Photographer Pradeep Bandekar glimpsed these stars over the weekend.
Malayalam cinema isn't the same as Telugu or Tamil, but Bollywood's blanket approach fails to see the distinction in Selfiee, observes Sukanya Verma.
IPO-bound mobility platform Ola, said it has successfully raised $500 million via a Term Loan B (TLB) from marquee international institutional investors. This term loan has no impact on the valuation of Bhavish Aggarwal-led Ola. The Bengaluru-based firm recently raised $139 million. This is part of a $1 billion funding round for which the company is in talks with investors, increasing its valuation to about $7.5 billion, according to the sources.
The CBI had arrested Sisodia last week in connection with alleged corruption in the formulation and implementation of the now-scrapped liquor policy for 2021-22.
In a letter to 40 union leaders, Union Agriculture Ministry Joint Secretary Vivek Aggarwal said the Centre is making all efforts with "an open heart" to find an appropriate solution to resolve all the concerns raised by farmers.
According to industry sources, domestic toy manufacturers are seeing a sharp rise in sales during the current financial year. On January 1, 2021, India had banned the sale of toys that are not certified by the Bureau of Indian Standards (BIS). This meant that all factories churning out toys to be sold in India had to be certified by the bureau along with mandatory product testing, including for units abroad.
The case was registered against him by the Punjab Police on April 12.
Due to the group's presence across multiple businesses, it is in a unique position in the aviation industry to bring the best of talents.
The mayor and deputy mayor of Delhi will be elected on Tuesday by the second municipal House after the December 4 civic polls.
Cab aggregator Ola is laying off 1,400 staff from rides, financial services and food business as revenues declined by 95 per cent in the last two months due to coronavirus pandemic, a note by CEO Bhavish Aggarwal said. In an email to employees, Aggarwal made it clear that the prognosis ahead for the business is "very unclear and uncertain" and the impact of this crisis is "definitely going to be long-drawn for us".
These include home, industrial development (mining), justice, labour, excise, environment conservation and climate change, disaster management and rehabilitation and civil aviation.
Ola Electric on Thursday said it will bring its electric scooter to the Indian market in July this year, and is working on setting up a 'Hypercharger Network' to include one lakh charging points across 400 cities. Last year, Ola had announced a Rs 2,400 crore investment for setting up its first electric scooter factory in Tamil Nadu. Upon completion, the factory will create nearly 10,000 jobs and will be the world's largest scooter manufacturing facility that will initially have an annual capacity of 2 million units.
If you want to add this to your wardrobe, Namrata Thakker shows you how to do it right.
'Kashmir came out as a theme that appealed to her and instantly it also hit a home run with all of us.'
The Bengaluru-based firm competes with US rival Uber whose lukewarm IPO last year has contributed to the lag in valuation trend among the unicorns across the Indian start-up ecosystem.
If you have seen Zwigato, Param Kumar's story will sound familiar. Laid off from his job as a repairman at a Gurugram-based water purifier provider, he now delivers groceries and food for a mobile-based delivery app, in Delhi. Kumar, who started making deliveries last August, told Business Standard that he is working longer hours than his older salaried job as an RO repairman, and has no paid leaves or health insurance. Kumar is part of India's estimated 7.7 million-strong force of gig workers.
Presenting Amit Aggarwal's latest fashion edit, First Light.
Presenting Amit Aggarwal's latest couture line inspired by nature.
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