Weakening of the Indian rupee, hitting new lows amid global headwinds

Two thousand rupees displayed with the Indian flag in the background. Manish Rajput | SOPA photos | LightRocket via Getty Images The Indian rupees It came under intense selling pressure from a perfect storm of global headwinds that analysts say will continue to hit the currency in the coming months. In recent weeks, the Indian … Read more

The founders of Indian startup Zepto share tips on how to start a company

When he wanted Kaivalya Vohra He left Stanford University to run his startupIt took “two long conversations” to convince his parents. He said getting them on board was not too difficult. “They saw how this business was growing in front of them, and they saw how quickly we could achieve what we had.” It only … Read more

A start-up at Stanford University worth millions, could be India’s Unicorn Tech

“When we started this 12 months ago, every conversation we had was saying, ‘You’re completely out of your mind, this is never going to work,’” said teen CEO Adit Balecha. However, Palicha has been able to prove these skeptics wrong – it has now approached the case of the unicorn and it is one of … Read more

The International Monetary Fund cuts its global GDP forecast as bleak economic prospects grow

The International Monetary Fund on Tuesday lowered its global growth forecasts for 2022 and 2023, calling the global economic outlook “bleak and uncertain”. The International Monetary Fund now expects the global economy to grow 3.2% this year, before slowing further to 2.9% in the rate of GDP in 2023. The revisions point to rating downgrades … Read more