HomeNation NewsTop headlines: Johnson quits as UK PM; startup funding down 33% in...

Top headlines: Johnson quits as UK PM; startup funding down 33% in June qtr

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After scandals, quits as UK Top Minister

Scandal-ridden introduced on Thursday he would undertake as British top minister after he was once deserted by way of ministers and maximum of his Conservative lawmakers. Bowing to the inevitable as greater than 50 ministers undertake and lawmakers mentioned he should cross, an remoted and powerless Johnson spoke outdoor his Downing Boulevard to substantiate he would renounce. Read more…

Indian startups raised $6.9bn in the June quarter, down 33% sequentially

Indian startups raised $6.9 billion in Q2 CY22 (April-June) throughout 409 funding rounds. This quarter’s general funding declined by way of 33 in step with cent from $10.3 billion raised in Q1 CY22 (Jan-Mar), in line with Tracxn Geo Quarterly Document: India Tech Q2 2022. Startup fundraising additionally declined on a year-on-year (YoY) foundation from $10.1 billion. Read more…

hikes MCLR by way of 0.2% in 3rd consecutive building up in charges

The rustic’s greatest personal sector lender on Thursday introduced a zero.20 in step with cent hike in its marginal price of funding founded lending fee throughout all tenors. That is the 3rd such transfer by way of the lender in as many months since Might, and takes the total quantum of the velocity hikes to 0.80 in step with cent. Read more…

India’s coal-based rises 27% in June: Government knowledge

Coal-based larger by way of 26.58 in step with cent to 95,880 million gadgets in June, as in step with legitimate knowledge. This comes in the wake of a number of portions of the rustic witnessing energy outrages in the height summer time months of April and Might because of scarcity of coal provides at deficient thermal vegetation. Read more…

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