MUMBAI — In what is set to be a monumental milestone for the Indian financial landscape, Jio Platforms Ltd (JPL), the digital and telecommunications crown jewel of billionaire Mukesh Ambani’s Reliance Industries Ltd (RIL), has officially announced its entry into the capital markets. The company is set to launch its mega initial public offering (IPO) […]
Markets Rally as Finance Minister Sitharaman Welcomes "Healthy Debate" on Capital Gains Tax, Affirms RBI’s Stand on Rupee
NEW DELHI — Indian benchmark stock indices experienced a sharp intraday upswing on Tuesday, propelled by remarks from Finance Minister Nirmala Sitharaman at the prestigious Bloomberg New Economy Forum. Addressing a global audience of economists, policymakers, and investors, Sitharaman described ongoing discussions surrounding the long-term capital gains (LTCG) tax as “healthy” and signaled her willingness […]
Urban Company Weighs Fresh Capital Infusion: The Strategic Gamble Behind the ‘InstaHelp’ Expansion
New Delhi: Just over a year after its high-profile public market debut, home services giant Urban Company is preparing to return to the capital markets. In a move that has sparked intense debate among market analysts and investors, the company’s board of directors is scheduled to meet on October 16 to evaluate a fresh fundraising […]
Slow Motion Capital: How India’s $12 Billion RDI Fund Inadvertently Stalled the Startup Ecosystem
By Suprita Anupam Edited by Neha Mehrotra Introduction: The Paradox of State-Backed Patient Capital In November 2025, Prime Minister Narendra Modi introduced an ambitious economic intervention: a massive Rs 1 lakh crore ($12 billion) Research, Development, and Innovation (RDI) fund. Designed to bridge a critical chasm in India’s burgeoning startup economy, the fund was meant […]
GST Council’s Landmark Reforms Set to Unlock Working Capital, Boost Service Exports, and Streamline E-Commerce Taxation
NEW DELHI: In a sweeping move aimed at easing corporate compliance, injecting liquidity into the economy, and bolstering India’s competitive edge in global trade, the Goods and Services Tax (GST) Council announced a critical package of process reforms and structural clarifications. While steering clear of direct tax rate adjustments during its latest session, the Council […]
Bureaucratic Gridlock: How India’s Landmark RDI Fund Inadvertently Slowed Down Startup Capital
By Suprita Anupam Edited by Neha Mehrotra Main Facts India’s ambitious ₹1 lakh crore (~$12 billion) Research, Development, and Innovation (RDI) fund, envisioned as a vital engine to supercharge deep-tech entrepreneurship, has run into massive execution roadblocks. Rather than accelerating capital deployment into high-risk, long-gestation sectors—such as DNA-based data storage, drone-defense systems, and advanced space […]