India Business Updates

India is facing various developments in business and policy reforms. Some key updates include:
- India to appear in public hearings by US investigators on forced labour on July 8.
- SEBI has shifted FPI registration fees from US dollar to rupee denomination.
- A 2,000 crore impact venture fund has been launched by Next Bharat Ventures.
- Uttar Pradesh has approved new startup and data centre policies to drive innovation and investment.
- There are also discussions on the need for cross-border insolvency reform and the review of defence PSU reforms.
- IIT Madras alumni founded deep tech startup Blurgs AI has raised $2.2 million in its first institutional funding round to expand its AI platforms globally.
- The UP Cabinet has approved the new startup policy which introduces enhanced financial assistance for startups in Uttar Pradesh.