The Indian startup ecosystem never faced a funding winter, said Sanjeev Bikhchandani, serial entrepreneur and co-founder, Info Edge at the Business Standard Manthan event.

“There was never really a funding winter. There was a funding excess... Too much money chasing too few deals at too high valuations. I don’t think enough investors were discerning enough,” he said during a fireside conversation with Business Standard's Nivedita Mookerji. Watch the video to know more

The Indian startup ecosystem never faced a funding winter, said Sanjeev Bikhchandani, serial entrepreneur and co-founder, Info Edge at the Business Standard Manthan event.

Never had a funding winter: Sanjeev Bikhchandani at BS Manthan

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The Haryana government is dedicated to ensuring that the benefits of welfare schemes directly reach eligible individuals at their doorstep, Chief Minister Nayab Singh Saini said on Sunday.
The government is committed to reaching out to every member of society, addressing their concerns and ensuring that no eligible person is left behind, he added.
The chief minister was interacting with party workers at the residence of Agriculture and Farmers' Welfare Minister Shyam Singh Rana in Pehowa's Chanalheri village, according to an official statement.
Saini said the state government had made concerted efforts to fulfil its commitment of delivering the benefits of welfare schemes directly to eligible individuals at their homes.
He also expressed confidence that the government was effectively listening to the people's concerns and carrying out development work in line with their expectations.
The government is dedicated to the welfare of the last person in the queue, following the spirit o

Saini said that the government is committed to reaching out to every member of society, addressing their concerns and ensuring that no eligible person is left behind

Meghalaya lost over 84 sq km forest cover between 2021 and 2023, according to the latest India State of Forest Report (ISFR).
Except for Sikkim, which reported an increase of 2 sq km forest cover, all other states in the northeast region witnessed a reduction of the area under forests, it said.
The region, with 7.98 per cent of land area, collectively contributes 21.08 per cent of India's forest and tree cover, the ISFR, 2023, said.
Union Minister for Environment, Forest and Climate Change, Bhupendra Yadav, had launched the report at the Forest Research Institute in Dehradun on Saturday. It showed a nationwide increase of 1,445 sq km in total forest and tree cover recorded since 2021.
While the study did not specify what caused the loss of forest cover in Meghalaya, forest officials in the state said human activities, including agricultural expansion, increased settlement and infrastructure development are suspected to be the reasons.
The report also made mention about jhum ...

Except for Sikkim, which reported an increase of 2 sq km forest cover, all other states in the northeast region witnessed a reduction of the area under forests

The CII pointed out that despite being successful, the PSL framework required recalibration to stay relevant

The GST Council, in its meeting on Saturday, is likely to decide on reducing tax rates on life and health insurance premiums, but a decision on big-ticket rate rationalisation, including a higher tax on sin goods, may be deferred.
The GoM on GST rate rationalisation had proposed rate rejigs in 148 items in its recommendations, but sources said that consensus is needed to be built on some of the tax changes that the panel has suggested and some more time may be needed for that.
The 55th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, is also likely to deliberate on bringing Aviation Turbine Fuel (ATF), a major component for airline industry's operation cost, in the Goods and Services Tax (GST) fold.
The GST rate is also proposed to be cut on food delivery platforms like Swiggy and Zomato, to 5 per cent (without input tax credit), from the current 18 per cent (with ITC).
However, the Fitment Committee (comprising tax

Also, the Group of Ministers (GoM) on GST compensation cess is likely to get a six month extension till June, 2025, to submit its report. The compensation cess regime comes to an end in March, 2026

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Never had a funding winter: Sanjeev Bikhchandani at BS Manthan

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