Economy

April Series Closure Signals Market Volatility Ahead

by NewsdeskBusinessEconomyIndia NewsApril 29, 2024April 29, 2024

Friday was the complete opposite, where markets lost through the day and were down 151 points on a net basis and were down 235 points from the high of the…

Export Boost

by NewsdeskBusinessEconomyIndia NewsApril 28, 2024April 28, 2024

As the largest producer of onion in the country, Maharashtra is the major supplier of onions sourced by NCEL for export…reports Asian Lite News The government has allowed the export…

Healthify Cuts Workforce by 27%

by NewsdeskBusinessEconomyApril 28, 2024April 28, 2024

Employees from sales and product teams were impacted the most by the job cuts that happened earlier this week…reports Asian Lite news Homegrown healthtech startup Healthify (formerly Healthifyme) has laid…

Indian Startups Raise $222.7 Million in Funding

by NewsdeskBusinessEconomyIndia NewsApril 28, 2024April 28, 2024

This included seven growth-stage deals and 17 early-stage deals, reports Entrackr on Saturday…reports Asian Lite news The Indian startups continued to raise funds at a normal pace, and this week,…

Indian IT Giants Witness Sharp Decline

by NewsdeskBusinessEconomyApril 28, 2024April 28, 2024

Infosys, Tata Consultancy Services (TCS), Wipro and Tech Mahindra, among others, lost maximum employees in FY24….reports Asian Lite News Amid the muted revenue growth in the Indian IT services sector…

Middle East Tensions Threaten Indian Economy

by NewsdeskEconomyIndia NewsApril 26, 2024April 26, 2024

Though India does not import any crude from Iran owing to the sanctions, the ongoing geo-political tensions have led to an increase in Brent crude prices…reports Asian Lite News A…

UiPath expands India footprint

by NewsdeskBusinessEconomyIndia NewsApril 25, 2024April 25, 2024

The new data centres launched in Pune and Chennai will help meet the growing demand for cloud services…reports Asian Lite News Enterprise automation and AI software company UiPath on Wednesday…

Indian IT Faces Another Year of Muted Growth

by NewsdeskBusinessEconomyIndia NewsApril 25, 2024April 25, 2024

The report looked at top 24 firms, accounting for 55 per cent of the Rs 14 lakh crore sectoral revenue last fiscal…reports Asian Lite News The IT services sector in…

‘India Aims to Lead Chip Industry by 2029’

by NewsdeskEconomyIndia NewsPOLITICSApril 25, 2024April 25, 2024

Union Minister said that in the coming years, Prime Minister Narendra Modi will lay the foundation for the further growth of the industry that will create thousands of jobs….reports Asian…

UK to boost defence spending to 2.5% of GDP

by NewsdeskEconomyUK NewsApril 24, 2024April 24, 2024

Last month, Sunak faced calls from three former defence secretaries to pledge an increase to 3% of GDP on the armed forces in the Tory election manifesto…reports Asian Lite News…