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B2B marketplace ProcMart raises Rs 250 cr led by Fundamentum, Edelweiss Discovery Fund

New Delhi, April 16 (IANS) Online B2B marketplace ProcMart on Tuesday said it has raised $30 million (about Rs 250 crore) in its Series B funding led by Nandan Nilekani and Sanjeev Aggarwal’s VC fund, Fundamentum Partnership, and the Edelweiss Discovery Fund. The company said that it plans to utilise the capital to explore strategic […]

Elon Musk shares health advice on severe neck and back pain

New Delhi, April 16 (IANS) Disc replacement surgery may be a game-changer for people experiencing severe neck or back pain, said billionaire Elon Musk on Tuesday. “If you’re experiencing severe neck/back pain, I recommend looking into a disc replacement,” Musk shared in a post on X.com. “If you do, err on the side of a […]

Indian consumers still vulnerable to being tricked by illegal loan apps: Report

Mumbai, April 16 (IANS) One-third of high-confidence customers in India have limited knowledge about their digital loans, and lack understanding on how to detect illegal lending apps, finds a report on Tuesday. The report by the Fintech Association for Consumer Empowerment (FACE) shares insights from a customer survey conducted between December, 2023 and January, 2024 […]

Iran will face consequences of its action, says IDF chief

Tel Aviv, April 16 (IANS) Israel Defense Forces (IDF) Chief of Staff Lt Gen Herzi Halevi has said that Iran will face the consequences of its action. Halevi in a video statement on Monday, after visiting Nevatim air base in southern Israel, said that the ballistic missile and drone attack on Israel during early Sunday […]

India is our strategic partner, world’s largest democracy: US

Washington, April 16 (IANS) US State Department spokesperson Matthew Miller has said that India is the world’s largest democracy and an important strategic partner of Washington. His remarks came while answering a question on recent reports critical of the Indian government ahead of the Lok Sabha elections in the country. Replying to a question raising […]

Samsung set to expand chips supply chain after $6.4 bn US grants

Seoul, April 16 (IANS) Samsung is set to accelerate the expansion of its global semiconductor supply chain in the era of artificial intelligence (AI), following a subsidy of $6.4 billion from the US government and its extended investment plan. Under the Biden Administration’s announcement, the South Korean chipmaker will receive up to $6.4 billion in […]

Israeli Defence Minister discusses next steps in Rafah

Tel Aviv, April 16 (IANS/DPA) Israel’s Defence Minister Yoav Gallant has discussed further action in Rafah with representatives of his ministry and the Israeli COGAT authority which oversees contacts with the Palestinians and aid. They focused on the evacuation of civilians from Rafah, in the south of the Gaza Strip and the expansion of food […]

Stabbing at Sydney church a ‘terrorist act’: Australian police

Sydney, April 16 (IANS/DPA) Australian police are treating a stabbing at a Sydney church as a terrorist attack, New South Wales Police Commissioner Karen Webb said on Tuesday. Police were called to Christ The Good Shepherd Church in Wakeley, western Sydney, on Monday evening, following reports of a stabbing where two people had been injured, […]

Biden reiterates US commitment to Israel’s security

Washington, April 16 (IANS) US President Joe Biden has reiterated his country’s commitment to Israel’s security, underscoring as well the need to contain the conflict from further spreading. “The United States is committed to Israel’s security. We’re committed to a ceasefire that will bring the hostages home and prevent the conflict from spreading beyond what […]

Israel wants temporary ceasefire agreement in Gaza: Hamas official

Gaza, April 16 (IANS) Israel is seeking a ceasefire agreement with Hamas to secure the release of its hostages before resuming military operations in the Gaza Strip, Ezzat al-Rishq, a member of Hamas’ political bureau, has said. Al-Rishq said on Monday that Israel wanted “a temporary agreement to release its prisoners, in order to resume […]