New Delhi, March 31 (IANS) India’s alternative investment industry is set for strong expansion, with total assets under management (AUM) expected to grow to around $276 billion by 2030 from $152 billion in December 2025, a new report said on Tuesday.The CareEdge Ratings report highlighted that this momentum is likely to continue, driven by rising domestic wealth, improving financial awareness and a supportive regulatory environment.The report noted that India is on track to become the world’…
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New Delhi, March 17 (IANS) Among 2.12 lakh entities recognised as startups by the Department for Promotion of Industry and Internal Trade, over 1.02 lakh of those entities have at least one‑woman director or partner, the government said on Tuesday.Ministry of Corporate Affairs data shows 6,789 recognised startups as closed, of which 2,950 had at least one‑woman director or partner, MoS, Commerce and Industry Jitin Prasada said in Lok Sabha.As on January 31, 2026, supported Alternative Invest…
Mumbai, March 13 (IANS) Kompella Venkata Ramana Murty, a 1991‑batch Indian Defence Accounts Service officer and former Additional Controller General of Defence Accounts, has been appointed as a whole‑time member of the Securities and Exchange Board of India (SEBI) for a three‑year term, the Department of Economic Affairs said in an official statement.The government’s Appointments Committee of the Cabinet approved Murty’s appointment for a period of three years from the date he assumes ch…
New Delhi, Jan 20 (IANS) As the government nears the presentation of the Union Budget 2026-27 on February 1, the Finance Ministry on Tuesday reflected on the significant Budget announcements and the progress made under them.The Finance Act 2025 introduced comprehensive changes to the Personal Income Tax structure under the New Tax Regime (NTR), leaving more money in taxpayers’ hands.“These changes are effective from FY 2025-26 (AY 2026-27),” Finance Ministry said in a post on X.The Income …
New Delhi, Jan 15 (IANS) Startups are increasingly bridging India’s rural-urban divide by deploying solutions across agri-tech, telemedicine, microfinance, tourism, and ed-tech, directly addressing developmental gaps and supporting rural livelihoods, an official statement said on Thursday, ahead of the National Startup Day.Notably, women-led startups are emerging as a key driver of inclusive and regionally balanced growth, with more than 45 per cent of recognised startups having at least one-w…