Indian Economy - Angel One - Page 360

On Wednesday, May 7, the U.S. Federal Reserve chose to leave its benchmark interest rate unchanged at 4.3%, despite the mounting pressure from President Donald Trump to cut borrowing costs. This marks the 3rd consecutive meeting with no rate change, following a series of three cuts in late 2024. Despite the pause, economists and market …

According to the news reports. Starlink, the satellite internet venture of Elon Musk’s SpaceX, is set to enter the Indian market after receiving a Letter of Intent (LoI) from the Department of Telecommunications (DoT). The development follows Starlink’s compliance with India’s rigorous national security protocols and represents a significant move toward expanding internet access across …

The Government of India is offering a wide range of internships this May for students and young professionals looking to gain practical experience, certification, and in many cases, a stipend. These internships span across law, energy, child rights, women’s development, policy planning, and more. Here’s a comprehensive guide to nine active internships, complete with details …

Routematic, a company that provides transport services for corporate workers, has raised US$40 million in Series C funding. The money came from two sustainability-focused investors—Fullerton Carbon Action Fund and Shift4Good. Routematic Moving From Testing to Expansion After working on its technology for 12 years, Routematic is now ready to grow. The company is gradually shifting …

The Reserve Bank of India (RBI) is set to make a significant surplus transfer to the Indian government for the fiscal year 2025 (FY25), which could reach as high as ₹3 lakh crore, as per Economic Times report citing reports by economists. This figure exceeds initial projections and could be 50% higher than the ₹2.1 …