Paytm acquires Tiger Global-backed technology firm Cube26

Paytm acquires Tiger Global-backed technology firm Cube26

Mumbai, Jun 19: One97 Communications, which owns payments firm Paytm, on Tuesday said it has acquired Tiger Global-backed technology startup Cube26. After the deal goes through, Cube26’s team will join Paytm. The companies did not disclose the financial details of the deal. “We are focused on building a more immersive and feature rich mobile experience […]

Arun Jaitley hints no cut in excise on oil

Arun Jaitley hints no cut in excise on oil

  New Delhi, Jun 18: Union Minister Arun Jaitley today urged citizens to pay their due share of taxes “honestly” to reduce dependence on oil as a revenue source, and virtually ruled out any cut in excise duty on petrol and diesel saying it could prove to be counter-productive. While salaried class pay their due […]

Govt asks exporters to comply with global standards to tap int’l markets

Govt asks exporters to comply with global standards to tap int’l markets

  New Delhi, Jun 18: The government today said exporters, particularly from the food and agriculture sectors, should strictly comply with global norms for quality and standards, or else they might lose their export market share to other countries. Emphasising on the importance of adopting best standards for goods and services, Commerce Secretary Rita Teaotia […]

GDP growth will reach 10% by fourth quarter of FY 19: Goyal

GDP growth will reach 10% by fourth quarter of FY 19: Goyal

New Delhi, Jun 18: The government is hopeful of achieving double-digit gross domestic product (GDP) growth in the country by the fourth quarter of the ongoing financial year, Railway and Coal Minister Piyush Goyal said on Monday. Responding to a query at the Growth Net conclave here on how India proposed to go much faster […]

‘India working towards becoming $5 trillion economy by 2025’

‘India working towards becoming $5 trillion economy by 2025’

Athens, Jun 18: India is striving to become a USD 5 trillion economy and the world’s third largest consumer market by 2025, President Ram Nath Kovind has said as he highlighted investment opportunities in the country. Kovind, the first Indian president to travel to Greece in 11 years. Addressing the diaspora here, he said his […]

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