The Reserve Bank of India (RBI) Deputy Governor Poonam Gupta on Wednesday said that India is growing steadily at 6.5 per cent, with a forecast of 6.8 per cent for the year. However, she added that this is not India’s destination yet, and there remains room for monetary policy easing.

The Reserve Bank of India (RBI) Deputy Governor Poonam Gupta on Wednesday said that India is growing steadily at 6.5 per cent, with a forecast of 6.8 per cent for the year.

India's growth at 6.5% allows scope for policy easing: RBI Dy Guv Gupta | BFSI Summit 2025

Home and furnishings company Wakefit Innovations is set to launch its initial public offering (IPO) on December 8, comprising a fresh issue of shares worth Rs 377 crore.
The IPO of the Bengaluru-based company will conclude on December 10, and anchor investors will be allocated shares on December 5, according to the red herring prospectus (RHP).
The company's maiden public offering is a combination of a fresh issue of equity shares aggregating up to Rs 377.1 crore and an offer-for-sale (OFS) of 4.67 crore shares by the selling shareholders.
As part of the OFS, the promoters - Ankit Garg and Chaitanya Ramalingegowda and other selling shareholders - Nitika Goel, Peak XV Partners Investments VI, Redwood Trust, Verlinvest S.A., SAI Global India Fund I LLP, Investcorp Growth Equity Fund, Investcorp Growth Opportunity Fund and Paramark KB Fund I will be offloading shares.
Wakefit proposes to utilize the proceeds from the fresh issue, worth Rs 31 crore, for setting up 117 new COCO Regular 

The IPO of the Bengaluru-based company will conclude on December 10, and anchor investors will be allocated shares on December 5

Press Trust of India

Aspiring entrepreneurs should embark on their startup journey with clarity of purpose, a clear understanding of why they are building the venture, and a well-calibrated approach, not haste, advises Shiprocket co-founder and CEO Saahil Goel.
India's market dynamics, amplified by the potential of technologies such as AI, create a wealth of opportunities for aspiring entrepreneurs.
"You could pick anything, from engineering tech to health tech or fintech to stocks...You think about it, and there's a new way to leverage an AI tool or an AI app...to be able to cater to that demand. So any industry with the new AI toolkit available is a great opportunity now for people to build in India," Goel told PTI.
His advice for aspiring entrepreneurs: "always ask yourself why you want to do it."
Goel says he often meets people who lack clarity on that basic question. The early days of an entrepreneurial journey are as much about a clarity of purpose as pitting one idea against the next.
"All ...

India's market dynamics, amplified by the potential of technologies such as AI, create a wealth of opportunities for aspiring entrepreneurs

A balanced level of humanised Artificial Intelligence (AI) design in chatbots enhances customer comfort and trust, while excessive human resemblance can cause discomfort, a new research by the Goa Institute of Management (GIM) has found.
The research has studied customer behaviour towards Artificial Intelligence enabled service agents, including as chatbots, digital assistants and service robots.
Conducted in collaboration with researchers from Cochin University of Science and Technology (CUSAT), Kerala, the findings of this research have been published in the International journal of Consumer Studies.
With AI reshaping the Frontline Service Encounters (FLSE), the study aims to explore "how do consumers perceive and interact with AI in every day service interactions".
For the same, the research team consolidated findings from 157 peer-reviewed articles to identify the key drivers, theories, and outcomes shaping consumer and AI interactions.
The research team reviewed 44 top-tier .

The AI interaction design, including appearance, empathy and interaction style strongly influence customer trust, engagement and satisfaction

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Business Standard

Vice President C P Radhakrishnan on Sunday said research and innovation are the twin engines that will drive India's journey towards technological leadership.
He also said true 'Atmanibhrta' comes when innovations reflect nation's identity and serve not only our own people, but the entire humanity.
Delivering his address as chief guest at the 20th convocation of the National Institute of Technology in Kurukshetra, he also asked young graduates to always stay away from drugs.
The vice president said that in today's world each field is undergoing transformation at a pace humanity has never seen before.
Technology today has become a powerful enabler that is reshaping industries, redifining innovations and reimagining the way we live and work, everything is changing, he said addressing the gathering.
"It is important to note that research and innovation are the twin engines that will drive India's journey towards technological leadership," Radhakrishnan said.
"...Your generations mus

He also said true 'Atmanibhrta' comes when innovations reflect nation's identity and serve not only our own people, but the entire humanity

Delhi Chief Minister Rekha Gupta on Sunday cast her vote for the Municipal Corporation of Delhi (MCD) bye-elections and urged citizens to participate in large numbers, calling voting a democratic duty that strengthens governance and development.
Gupta, who voted at her local booth along with her family, described the act as fulfilling her "democratic responsibility".
"Voting is an integral part of the sacred process of our democracy, and our active participation further strengthens democratic values," she said in a post on X in Hindi.
Highlighting that bypolls are being held in 12 wards of the city, she appealed to all eligible voters to reach polling stations without fail.
"Each of your votes plays a decisive role not only in determining the direction of local governance but also in laying a strong foundation for the overall development of Delhi, good governance, and transparency," she said.
Polling began on Sunday morning amid tight security and will conclude at 5.30 pm.
The ..

Gupta, who voted at her local booth along with her family, described the act as fulfilling her "democratic responsibility"

Healthcare industry body NATHEALTH has asked the government to increase public spending on healthcare to over 2.5 per cent of GDP with urgent action to tackle non-communicable diseases, including tax deductions of up to Rs 10,000 on individuals for preventive health check-ups.
In its pre-Budget recommendations to the government, NATHEALTH said it outlined a roadmap to strengthen healthcare delivery, foster innovation, and expand insurance and preventive coverage.
The recommendations call for a balanced mix of fiscal support, structural reforms, and public-private collaboration to build a robust, future-ready health system, it said in a statement.
In its recommendations, NATHEALTH asked the sector to be declared 'core infrastructure' and create a healthcare infrastructure fund of Rs 50,000 crore, saying currently there is limited access to long-term, lower-cost capital for hospitals and diagnostic networks.
New projects have long gestational periods requiring flexible mid-term ...

In its pre-Budget recommendations to the government, NATHEALTH said it outlined a roadmap to strengthen healthcare delivery, foster innovation, and expand insurance and preventive coverage

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India's growth at 6.5% allows scope for policy easing: RBI Dy Guv Gupta | BFSI Summit 2025

The Reserve Bank of India (RBI) Deputy Governor Poonam Gupta on Wednesday said that India is growing steadily at 6.5 per cent, with a forecast of 6.8 per cent for the year. However, she added that this is not India’s destination yet, and there remains room for monetary policy easing.

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