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India’s private sector has started to invest, and the economy will do well in the coming quarters, finance minister Nirmala Sitharaman said, while exuding confidence that India will be able to manage the spillovers of high US interest rates.

The G20 summit weekend is turning out to be a business opportunity for travel companies even as retailers and traders in the National Capital Region (NCR) are getting anxious over closures and the likelihood of their outlets being shut September 8-10.

Goldman Sachs is likely to convert a part of the debt it advanced to PharmEasy into equity, following the upcoming rights issue of about $424 million (₹3,500 crore) by the online pharmacy that is due to open on September 4, sources aware of the matter said.

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