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Fi Money Cofounder Sumit Gwalani Quits Amid Mounting Financial Struggles

India, May 9 -- Fi Money cofounder Sumit Gwalani has exited the startup after six years amid the neobanking startup's financial challenges and B2B pivot. "That chapter is closing. What it taught me w... Read More


Traders shift to Rwanda, Burundi teas

Nairobi, May 9 -- The introduction of a 0.8 per cent levy on Kenyan export tea will hit farmers, which will result in low income as buyers at the Mombasa tea auction shift to produce from neighbouring... Read More


PM calls for better investor support

DODOMA, May 9 -- PRIME Minister Dr Mwigulu Nchemba has urged leaders in government institutions and authorities to facilitate investors, rather than impose unnecessary restrictions to attract more inv... Read More


Bunge urges reforms in inclusive education

DODOMA, May 9 -- MEMBERS of Parliament have called for sweeping reforms to strengthen inclusive education in the country, urging expanded investment to address existing gaps. These include infrastruc... Read More


Ex-Maharashtra CM writes to RBI about critical currency shortage

India, May 9 -- BJP's Rajya Sabha member and former Maharashtra chief minister Ashok Chavan has written a letter to the RBI, drawing its attention to the "critical currency shortage" in Nanded distric... Read More


ADAG banking fraud requires thorough probe: SC

India, May 9 -- The Supreme Court on Friday said the matter concerning alleged large-scale banking fraud involving Anil Dhirubhai Ambani Group and its firms required a "thorough investigation" after t... Read More


Liverpool scales back plans for ticket price increases after protests from fans

India, May 9 -- After facing a call to sell the Red Sox, Fenway Sports Group moved to quell protests from Liverpool fans by backing down over planned ticket price increases. Liverpool said Thursday i... Read More


CM Naidu sets 10-lakh housing target in Andhra

India, May 9 -- Andhra Pradesh Chief Minister N Chandrababu Naidu on Friday directed officials to intensify efforts to provide housing for all, setting a target of building 10 lakh more houses by Dece... Read More


World shares fall, oil prices dip

India, May 9 -- World shares retreated, and oil prices fell back on Friday as the fragile ceasefire with Iran was strained by missile and drone attacks that prompted US retaliatory strikes on Iranian ... Read More


Rupee falls 25 paise to close at 94.47 against US dollar

India, May 9 -- The rupee depreciated 25 paise to close at 94.47 (provisional) against the US dollar on Friday, after rising in the past two sessions, on renewed tensions between the US and Iran over ... Read More