Economy News ( English version)

The company has so far raised $56 million in total funding and counts Lightspeed, Elevation Capital and Nexus Venture Partners among its investors. With this, Snabbit is heading into its fifth funding round since being founded last year.

CityMall is taking on one of the toughest e-commerce challenges in India: winning small-town shoppers on wafer-thin margins. It has backers with deep pockets, a stripped-down supply chain and big ambitions. But it is yet to crack the market and build scale.

The tribunal made it clear that user consent is mandatory for all the data that WhatsApp collects and shares with Meta, not just data used for advertising.

JioStar has appointed GR Arun Kumar as its new CFO, amid a push for accelerated decision making across markets. He will lead the streaming giant's overall Finance and Commercial functions.

Hong Kong media tycoon Jimmy Lai has been arrested and convicted for sedition and collusion with foreign forces. We take a look at who he is — known as a strong voice for democracy in Hong Kong by like-minded parties, while opponents call the tabloid owner a traitor to “motherland” China. 

India's Finance Minister Nirmala Sitharaman has countered claims of a 'dead economy'. She stated India remains a top global growth engine. The nation recorded 8.2 percent growth last quarter, significantly higher than the global average. This expansion is broad-based across sectors. Structural reforms and investment are strengthening the econo […]

India's merchandise exports to the US surged 22.61% in November, reaching USD 6.98 billion despite a 50% tariff. This marks a rebound after two months of negative growth. Overall exports to the US for April-November also saw a positive increase of 11.38%.

Engineering goods exports surged 23.7% year-on-year to USD 11.01 billion in November, rebounding after an October decline. This growth, despite US tariffs, highlights the Indian engineering industry's resilience. Cumulative exports for April-November rose 4.25% to USD 79.74 billion, with optimism for future market diversification.

India and the European Union are in the most difficult phase of trade negotiations. Key issues like the EU's carbon tax mechanism are being discussed. Both sides are working to bridge differences and close the free trade agreement talks soon. India's exports to the EU are significant. The pact covers 23 policy areas.

India and Russia are boosting trade and transport links. Key projects like the Vladivostok-Chennai corridor aim for $100 billion trade by 2030. India's trillion-dollar maritime vision aligns with Russia's plans. This collaboration focuses on port development and logistics. Both nations are working to expand these routes, anticipating significant gr […]