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Foreign VC Funding in India Witnesses 72% Decline as Unicorn Machines Stutter

Nidhi Mishra -
Foreign venture capital (VC) funding in India has experienced a significant decline of 72% as the unicorn machines, referring to high-valued startup companies, face...
Business

Encouraging Sign: Unemployment Rate Drops to 6.8% in January-March 2023, Reveals NSO Survey

Nidhi Mishra -
The latest survey conducted by the National Statistical Office (NSO) brings positive news for the Indian economy as the unemployment rate witnessed a decline,...
Bank

Grasim Industries Reports 91% Decline in Q4 Net Profit at Rs 93.51 Crore

Nidhi Mishra -
Grasim Industries, a prominent player in the textile industry, has announced its financial results for the fourth quarter (Q4). The company witnessed a significant...
Bank

India’s Foreign Exchange Reserves Dip by $6 Billion to $593.48 Billion

Nidhi Mishra -
India's foreign exchange reserves experienced a notable decline as they dropped by $6 billion to reach $593.48 billion. The dip in reserves raises concerns...
Bank

Fund-Raising by Indian IPOs Declining Quicker Than Global Peers in 2023

Nidhi Mishra -
The Indian initial public offering (IPO) market is experiencing a significant decline in fund-raising compared to its global peers in 2023. The country's IPO...
Bank

India-focused offshore funds, ETFs inflow drop 9% to $803 mn in Q4

Nidhi Mishra -
India-focused offshore funds and exchange-traded funds (ETFs) witnessed a 9% decline in inflows, amounting to $803 million, during the fourth quarter. This decrease in...
Bank

A year after listing, LIC scorecard lacks lustre; new biz premium down 50%

Nidhi Mishra -
One year after its initial public offering (IPO) and subsequent listing, Life Insurance Corporation of India (LIC) has experienced a lackluster performance in terms...
Business

Vedanta Q4 Results: Net Profit Down 68%, Dividend of Rs 33/Share Declared

Nidhi Mishra -
Mumbai, India - Vedanta Limited, a leading global diversified natural resources company, has released its financial results for the fourth quarter, revealing a significant...
education

Bengaluru Witnesses 22% Decline in Voters Aged 20-29, Raises Concerns for IT Capital.

Nidhi Mishra -
According to recent data, Bengaluru, known as India's IT capital and a hub of young professionals, has experienced a worrisome 22% decline in the...

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