Business

Rapido valued at $3 billion with fresh $240 million funding

MUMBAI: Rapido, which rivals Uber and Ola in India’s ride-hailing market, has raised a fresh $240 million in funding led by...

Govt imposes Rs 3/litre windfall tax on petrol exports, cuts diesel and ATF export levies

The government on Friday imposed a windfall gains tax of Rs 3 per litre on petrol exports while reducing export levies...

PM Modi’s UAE visit: How India will benefit from agreements on strategic petroleum reserves, LPG

What do the new agreements between UAE and India entail? How will India’s energy security plans get a boost? (AI image) India’s...

Govt clears Emirates NBD Bank’s proposal to acquire up to 74% stake in RBL Bank

The finance ministry has approved Dubai-based Emirates NBD Bank’s proposal to acquire up to 74 per cent stake in private sector...

Wall Street falls as AI stocks tumble, oil-driven inflation fears rattle markets

Wall Street retreated sharply on Friday as a sell-off in artificial intelligence-linked technology stocks and rising concerns over inflation triggered by...

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