MUMBAI: Nearly three years after splitting from its Silicon Valley parent Sequoia Capital, Peak XV Partners (formerly Sequoia Capital India and Southeast Asia) has raised $1.3 billion for a clutch of funds to bet on startup founders building in India and the broader APAC region. The capital will be deployed across three funds–India seed, India…
The Dubai Land Department (DLD) and tokenization firm Ctrl Alt unveiled a secondary market for real estate-backed tokens, enabling the resale of $5 million in fractional property ownership in an announcement on Friday. Roughly 7.8 million tokens tied to ten Dubai properties are now eligible for trading within a controlled market environment. Transactions will take…
In an exclusive interview to TOI’s Sachin Parashar, Sri Lankan President Anura Kumara Dissanayake speaks about the significance of the AI Impact Summit, backs India’s legitimate security interests in the Indian Ocean and says Sri Lanka would like to resume ETCA talks in a progressive and transparent manner. You are visiting India at PM Narendra…
Foreign exchange reserves climbed sharply to a new record level in the week ended February 13, rising by $8.663 billion to $725.727 billion, the Reserve Bank of India (RBI) said on Friday, PTI reported.The latest increase follows a decline of $6.711 billion in the previous reporting week, when the reserves had slipped to $717.064 billion….
US economic growth cooled more than expected in the final months of 2025, official estimates showed on Friday, marking a slower end to the first year of Donald Trump’s return to the presidency.The world’s largest economy expanded at an annualised rate of 1.4 per cent in the October–December quarter, the US Department of Commerce said,…
MEA spokesperson Randhir Jaiswal (ANI photo) NEW DELHI: The ministry of external affairs on Friday said the United Nations joint statement India signed was not a “negotiated document” that condemned Israel’s West Bank expansion.The foreign ministry said New Delhi’s stand on the expansion issue was already expressed in the India-Arab League Ministerial meeting that laid…
Growth in India’s eight core infrastructure sectors slowed to a two-month low of 4 per cent in January, according to official data released on Friday, reflecting weakness across most key industries. The growth rate stood at 5.1 per cent in January 2025 and 4.7 per cent in December 2025, PTI reported.Crude oil and natural gas…
US stocks traded with modest gains in tentative trading on Friday after the Supreme Court struck down President Donald Trump’s sweeping tariffs, a move that had previously contributed to market volatility, AP reported. The Dow Jones Industrial Average rose 128 points, or 0.3 per cent. The S&P 500 gained 0.4 per cent, while the Nasdaq…
The U.S. Supreme Court on Friday struck down President Trump’s tariff regime in a 6-3 decision. “No President has invoked the statute to impose any tariffs, let alone tariffs of this magnitude and scope,” the court ruling said. “That ‘lack of historical precedent,’ coupled with the ‘breadth of authority’ that the President now claims, suggests…
BJP youth wing protesting outside Rahul Gandhi’s house. (Screengrab) NEW DELHI: The ruling Bharatiya Janata Party’s (BJP) youth wing on Friday staged a protest outside Congress leader Rahul Gandhi‘s Delhi house, hours after the members from the rival camp tricked their way into Bharat Mandapam and tried to disrupt the government’s ambitious ongoing AI summit.The…
