Economy

Gold Sees Rising Interest from Central Banks and Investors Amid Global Uncertainties

Mumbai, India – Gold prices in India have been soaring, reaching a record-breaking Rs 60,000 per 10 grams as of March 21, 2023. This surge has captured the attention of central banks and investors worldwide, who are seeking a safe haven amidst uncertainties in the global economy. According to the World Gold Council, central banks …

Indian Govt to send notice to WhatsApp on spam calls Minister Rajeev Chandrasekhar

The Ministry of Electronics and Information Technology (MeitY) is in the process of sending a notice to WhatsApp on the issue of international spam calls to users.“It is a part of the normal scope of activity of MeitY. We ask questions proactively and they will respond… Platforms are responsible to ensure safety and trust. Openness, …

Unicorn ‘Desh Wapsi’: Reverse Flipping Paves the Way for Startup Homecoming

In a significant development within the Indian startup ecosystem, prominent unicorns Razorpay and Groww, both backed by renowned accelerator Y Combinator, have announced their plans to relocate their headquarters to India. This trend, known as “reverse flipping,” has gained traction as several Indian unicorns opt to establish their headquarters within the country. With the emergence …

ILLA Cloud Emerges as a Prominent Open-Source Startup, Experiencing Rapid Growth in Q1 2023

In the rapidly evolving landscape of open-source startups, ILLA Cloud has emerged as one of the fastest-growing companies in the first quarter of 2023. The company’s low-code development platform has gained significant traction among developers, enabling them to expedite the creation of internal tools with ease and efficiency. ILLA Cloud offers a robust solution that …

Economic Offences Wing Launches FIR Against Ashneer Grover & Family in BharatPe Fraud Case

The Economic Offences Wing (EOW) has taken a significant step in the ongoing BharatPe fraud investigation by filing a First Information Report (FIR) against Ashneer Grover, the former Managing Director of the fintech unicorn, and his family. The FIR was lodged based on a complaint filed by BharatPe, alleging fraudulent activities. BharatPe, a leading player …