Since January 2015, more than 1,000 Indian startup companies attracted funding from international investors, with private equity firms making up nearly 98 percent of new investment, according to data from Trak.in, a local business news and opinion company. Private equity firms - led by Alibaba, SoftBank, and Steadview Capital Management - invested a total of about $9.5 billion during the period. In contrast, data from TNW news indicates that in 2010, Indian startups brought in only $13 million in private equity and venture capital investment.
Note: In many cases, the funding amount is not disclosed. All amounts are converted into USD (rupee conversion at the date of news) for uniformity.
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Since India was under British rule, the rupee was pegged to the British pound. From 1927 to 1966, 13 rupees = 1 pound. The peg was maintained until 1966 when the rupee was devalued and pegged to the U.S. dollar at a rate of 7.5 rupees = 1 dollar. This peg lasted until the U.S. dollar was devalued in 1971.
87% of registered Dowry crimes are Harrasement/Torture. 8391 Dowry deaths (registered cases) happened in Modern India (2010). For more Crime against Woment statistics, refer Statistics from National Crime Records Bureau.
Changes of Gold price have always been in the focus of economic and financial news. India Ratings and Research (Ind-Ra) maintained a negative outlook on domestic gold prices for FY2015-2016 because of the US federal reserve effects a rate hike. The agency believes movements in gold prices will largely depend on the US interest rate decision. This agency also added stating that, if major global currencies, other than the US dollar, weaken because of economic concerns, even in the absence of a US rate hike there might be brief spells of simultaneous strengthening of gold price as well as USD. The World Bank released its commodity forecast,...