Top Headlines: White goods' prices rise; Razorpay's value now $7.2 bn

Manufacturers of consumer durable goods have hiked prices for the third time this year; Razorpay raised $375 million in the Series F round of funding at a $7.5-billion valuation

Budget 2022-23: Centre may not target sharp fiscal correction

While presenting her 2021-22 Union Budget, Finance Minister Nirmala Sitharaman had set a fiscal deficit target of 6.8 per cent of nominal GDP against the 2020-21 Revised Estimate of 9.5 per cent. The fiscal correction in the upcoming 2022-23 Union Budget is unlikely to be that steep and may likely be in the range of 6.5-6.8 per cent. Read more
 

Govt's policy to build semiconductor ecosystem improves on earlier attempts

Last week, the Cabinet cleared an ambitious $10-billion incentive package to make semiconductor fab units in the country. If the