While the lower Goods and Services Tax (GST) rates may lead to a decline in inflation, economic growth may not improve significantly in the short term even though it will benefit both India Inc and the government in the medium term, experts say. Most economists forecast inflation to come down as …
Tag: Morgan Stanley
जीडीपी वृद्धि दिसंबर 2017 में बढ़कर 7.9 प्रतिशत होने का अनुमान: रिपोर्ट
भारतीय अर्थव्यवस्था ‘उत्पादक वृद्धि के दौर’ में प्रवेश कर रही है जिसके चलते उसकी वास्तविक वृद्धि दर दिसंबर 2017 तक बढ़कर 7.9 प्रतिशत तक पहुंच सकती है। एक रिपोर्ट में यह अनुमान व्यक्त किया गया है। इसमें कहा गया है कि अनुकूल विदेशी मांग, कंपनियों के बेहतर होते खातों और निजी क्षेत्र में …
KlosetEdit | A closet full of preloved awesomeness
A closet full of clothes, but nothing to wear! I’m pretty sure all the girls out there couldn’t agree more. But don’t worry, because now we have a way to make space and always have something new to flaunt. KlosetEdit, an online platform, is here for women to discover, buy and sell preloved fashio…
Year in Review: 8 moments in 2016 that changed India’s start-up ecosystem
As we stand at the cusp of 2017, it’s time to gather one’s thoughts regarding the year that passed us by. For startups in India, 2016 proved to be the year for consolidation and transition, where entrepreneurial mindset metamorphosed from a gold rush-like mentality into an ecosystem where p…
BigBasket mulling to invest up to Rs 90 crore for recruiting more farmers to its network
BigBasket plans to invest up to Rs 90 crore to recruit hundreds more farmers to its network, beefing up its supply chain ahead of a potential entry of deep-pocketed global corporations including Walmart and Amazon into India’s online grocery market. The investment, which follows a $150 mill…
Airbnb Banks on India, looks to grow at a faster clip
Home-share booking site Airbnb is confident of manifold growth in its business in India over the next few years, driven by a surge in volume of travellers using its platform and increase in number of listed properties. “India has seen tremendous growth in the last one year. About 17,000 pro…
TPG leads $210-million funding in Janalakshmi Financial Services
TPG has led a $210-million (about Rs 1,400-crore) funding round in Janalakshmi Financial Services, as the global private equity major along with existing investors, double down on the country’s largest Microfinance Institution (MFI). The round, which has a mix of primary and secondary compo…
Indian ecommerce market to grow fastest globally over 3 years | Morgan Stanley
India received $6.6 billion in venture capital and private equity investment in 2015, a 50% increase from the previous year, which probably contributed to a steep growth in the gross merchandise value for ecommerce companies, Morgan Stanley said. The GMV of the country’s top three ecommerce…