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ECONOMIC SURVEY 2023 STARTUPS
Pakistan's poor population swells by 27 mn in six years, poverty surges 7%Pakistan's poverty rate has risen from 21.9% in 2018-19 to 28.9% in 2024-25, pushing around 27 million more people below the poverty line a...- Rekise Marine raises $9.7 million from Accel, NKSquared to build autonomous naval platformsBengaluru-based Rekise Marine secured $9.7 million from Accel and NKSquared. The funding will accelerate the development of autonomous ship...
- Govt eyes rural credit push via flagship schemes, seeks to expand RRB customer baseThe government is enhancing rural credit by integrating the Grameen Credit Score with the JanSamarth portal for faster loan processing. Reg...
- Jeff Bezos' AI startup Prometheus is now worth $41 billion: ReportPrometheus, Jeff Bezos' AI Startup, Is Now Worth $41 Billion
- Infosys, HCL Tech, other IT stocks tumble up to 3%. What's spooking investors?Indian IT stocks, led by Infosys, HCLTech and LTIMindtree, fell up to 3% as hotter-than-expected US inflation fuelled concerns over prolong...
- India attracted $843 billion in FDI between 2014-15 and 2025-26: OfficialIndia has seen a significant rise in Foreign Direct Investment, attracting USD 843 billion between 2014-15 and 2025-26. Key government init...
- Trump suddenly finds himself in a perfect storm. Can he survive it?Trump faces mounting challenges this summer, including legal setbacks, weak approval ratings and public anxiety over inflation and fuel pri...
- Geopolitical shifts to boost indigenous tech, five-fold jump in job creation in defence sector: SurveyIndia's defence sector is set for major growth. Indigenous technology adoption will surge, reaching USD 36.45 billion in three years. This ...
- Indian employers turn cautious for July-September quarter amid global uncertainties: ReportLooking ahead to the July-September period, India's hiring scene is poised for a slowdown as employers adopt a wait-and-see stance amidst g...
- DeepSeek close to sealing $7 billion funding in historic AI dealChinese AI startup DeepSeek is nearing a massive $7.4 billion funding round, with tech giants Tencent and CATL leading the investment. Deep...
- Indian industry invests CAD 11 billion in Canada, generates over 33,000 jobs: reportIndian companies have invested close to CAD 11 billion in Canada. These investments span various sectors, creating over 33,000 jobs. Indian...
- Voice AI startup ElevenLabs appoints Alexander Holt its field CTOVoice AI firm ElevenLabs has appointed Alexander Holt as its Field CTO, a move aimed at accelerating AI integration for enterprise clients ...
- 100 days of Iran war: India must brace for broad-based economic shockIn a volatile turn of events, escalating strikes between Iran and Israel are sending shockwaves that may reach India’s economy. As the spec...
- Indians are growing more pessimistic about the economy. RBI Survey shows whyUrban consumers grew more pessimistic about the economy, jobs, and spending in May, with the Current Situation Index falling for the third ...
- Startup investing in India: Why angel investing is high-risk, illiquid, and suitable only for patient investors with diversified portfoliosIndian startup investing, once fueled by easy money, now demands caution due to market volatility and inherent risks. While success stories...
- War, debt and cuts: The price of Israel's security pushIsrael faces a steep economic challenge. A massive defence budget, driven by ongoing conflicts and Netanyahu's vision for a militarised nat...
- Indian consumers turn defensive as job fears rise, economic confidence fallsIndian consumers are increasingly concerned about jobs and the economy. This is leading many to reduce spending on non-essentials like dini...
- US Fed says Iran war driving 'moderate-to-strong' inflationUS inflation rose at a moderate to strong pace, driven largely by surging energy costs linked to the Iran war, the Federal Reserve said. Hi...
- MUFG’s new India fund; District goes sportingHappy Tuesday! Japan’s MUFG is doubling down on India just as a new wave of investors moves into the country’s startup market. This and mor...
- India records progress against child marriage, gender violenceNew data reveals child marriage rates are falling in India. Women aged 20-24 married before 18 dropped to 20.1%. Spousal violence also decr...
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