The Delhi cabinet has approved the "Delhi Startup Policy" to create an ecosystem for people to launch startups and provide them with fiscal and non-fiscal incentives, collateral-free loans, and free consultancy from experts, lawyers, and CA.
Russia has overtaken Saudi Arabia to become India's second-largest oil supplier after Iraq as refiners buy post-war Russian crude in Ukraine at huge discounts.
Chinese technology conglomerate Tencent has bought a stake worth USD 264 million (about 2,060 crores) in Flipkart from its co-founder, Binny Bansal, through its European subsidiary.