Economists predict that the economy will grow at a rate of 6% during FY24
A poll of 20 economists by ET showed that India's economy will likely grow at a robust 6% in FY24. This is down from the 7% growth seen in FY23 due to softer global economic growth and higher interest rate.
Abu Dhabi's 10XAD, Apollo in talks to invest in Byju's parent or Aakash
10X AD, based in Abu Dhabi, is in talks with Byju Raveendran's CEO to invest in Think and Learn Pvt Ltd. or Aakash Education Services. The edtech firm hopes to raise between $400 and 600 million in investment.
Snap India doubled its user base and engagement in '22
Evan Spiegel, co-founder and CEO of Snap Inc., the company that runs the ephemeral app Snapchat, told ET exclusively in an interview that it has more than doubled both its Indian user base and engagement.