AIMPWA – Page 101 – msmenews.sbs

BoB announces launch of pilot CBDC-based ‘Loyalty/Cashback Programme’ for merchants

AIMPWAFebruary 27, 2025

Bank of Baroda (BoB) on Thursday announced the pilot launch of a ‘Loyalty/Cashback Programme’ functionality for merchants based on the ‘programmability’ aspect of the Central Bank Digital Currency (CBDC) in collaboration with a fintech company. This functionality will enable small and medium merchants to independently design and launch loyalty/cashback programmes for their customers, usually designed...

India secures permission for copper and cobalt exploration in Zambia, expands global mineral ventures

AIMPWAFebruary 27, 2025

India has recently obtained permission to explore copper and cobalt deposits across a 9,000-sq-km area in Zambia, with exploration activities scheduled to begin in the coming month, VL Kantha Rao, Mines Secretary, told businessline. The exploration team, led by the Geological Survey of India (GSI), will initially invest around ₹15-20 crore, which will largely come...

Stock Market News Today Live Updates on February 28, 2025 : Tuhin Kanta Pandey appointed new SEBI Chairperson for 3-year term, Finance Secy to succeed Madhabi Puri Buch

AIMPWAFebruary 27, 2025

Stock Market News Today Live Updates: In an ever-evolving financial world, staying informed about stock market trends is crucial. Our Stock Market News provides real-time updates, insightful analysis, and in-depth coverage of the global financial landscape. From major index movements and corporate earnings to economic indicators and geopolitical events, we deliver the latest information impacting...

Snowflake grows startup accelerator with $200M in new capital

AIMPWAFebruary 27, 2025

Snowflake plans to expand its startup accelerator with $200 million in additional commitments, the tech giant that specializes in cloud-based data storage said Thursday. The new injection of capital follows a string of activity by Snowflake over the past several months that illustrates that company’s growth ambitions. The Snowflake Startup Accelerator, formerly known as the...

Large NBFCs expect lower cost of funds post rollback of higher risk weights

AIMPWAFebruary 27, 2025

Non-banking finance companies (NBFCs), especially large sized ones, are expecting a fall in their cost of funds (CoF) after the Reserve Bank of India’s (RBI) move this week to rollback 25 per cent higher risk weight assigned on bank loans to NBFCs in late 2023, bankers say. Raul Rebello, MD & CEO, Mahindra & Mahindra...

Wires and cable stocks plunge as UltraTech Cement announces entry into the sector

AIMPWAFebruary 27, 2025

Shares of cable and wire companies crashed on Thursday, with some tumbling as much as 21 per cent, following UltraTech Cement’s announcement of its entry into the segment. The sell-off came despite benchmark indices ending flat, with the Nifty closing at 22,545.05, down 0.01 per cent, and Sensex ending at 74,612.43, up 0.01 per cent....

TSX hits near 6-week low as trade tensions rise

AIMPWAFebruary 27, 2025

TSX ends down 0.8% at 25,128.24 Materials group loses 2.1% as gold falls RBC shares fall 3.6% after earnings report Nine of 10 major sectors end lower (Updates at market close) By Ragini Mathur and Fergal Smith TORONTO, Feb 27 (Reuters) – Canada’s main stock index fell on Thursday to a near six-week low as...

L&T Infotech To Buy Analytics Start-Up

AIMPWAFebruary 27, 2025

BENGALURU: Leading IT services provider L&T Infotech on Tuesday announced acquisition of Pune-based analytics start-up AugmentIQ Data Sciences Ltd for an undisclosed amount. “The acquisition will enable us to gain access to MaxIQ, the big data platform AugmentIQ developed and used by one of the world’s largest credit bureaus, lead banks and regulatory agencies,” said Infotech in a statement...

Non-bank brokers assess impact of SEBI, RBI nod for G-sec trading

AIMPWAFebruary 27, 2025

Non-bank brokers are assessing the costs and benefits of SEBI and the RBI’s move to grant them direct access to the Negotiated Dealing System-Order Matching (NDS-OM) platform for trading in government securities and have hailed the move as a game-changer for India’s debt market. G-secs, with their sovereign backing and high liquidity, have always been...

Broker’s call: SRF (Buy) – The Hindu BusinessLine

AIMPWAFebruary 27, 2025

Target: ₹3,250 CMP: ₹2,854.00 We reiterate. But on SRF with revised SoTP-based TP of ₹3,250 (rollover to Mar-27E; up by 4.8 per cent), as we believe the worst is behind for all businesses of SRF. The company has been seeing strong volume/pricing in refrigerant gases domestically. Prices of ₹32/22 are going up globally on increase...

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BUSINESS

Insurance reforms: Govt to further relax foreign investment rules while raising FDI limit to 100%

AIMPWAMarch 14, 2025

The government plans to further liberalise foreign investment rules for insurance companies by removing the condition that mandates the presence of Indian residents in the boards and top management of insurance entities, said top finance ministry officials. The insurance reforms bill will be introduced in the ongoing budget session of parliament, one of these officials...

DeepSeek scared away some AI funders. But this wealthy backer is ready to spend.

AIMPWAMarch 14, 2025

Why government — not business — will see that AI startups get the money they need. Source link

When consumption push and fiscal consolidation go hand in hand

AIMPWAMarch 14, 2025

The budget this year came in the background of an economic slowdown led by weak urban consumption and lower government capex. Hence, finance minister (FM) Nirmala Sitharaman was expected to stimulate growth while continuing on the path of fiscal consolidation. The budget has delivered on this by incentivizing urban consumption through tax cuts while continuing...

Gold prices hit record high for 3rd straight day on MCX; spot gold tops $3,000 on safe-haven demand

AIMPWAMarch 14, 2025

Gold price today: Maintaining its upward run for the third straight day, gold prices touched another peak on the Multi Commodity Exchange (MCX) in today’s trading session, March 14. The April expiry contract opened higher at ₹87,781 per 10 grams and strengthened further to hit a fresh peak of ₹88,280, marking a 0.57% jump from...

Kerry Washington invests in wedding marketplace Cheersy

AIMPWAMarch 14, 2025

Kerry Washington is expanding her angel investment portfolio, serving as lead investor in the pre-seed round of the wedding marketplace Cheersy. Cheersy, which was founded in 2024 by Amy Shack Egan, helps couples find day-of service wedding coordinators and has raised a total of $550,000, from other investors including Christina Tosi, the founder of Milk...

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Latest Posts

BoB announces launch of pilot CBDC-based ‘Loyalty/Cashback Programme’ for merchants

India secures permission for copper and cobalt exploration in Zambia, expands global mineral ventures

Stock Market News Today Live Updates on February 28, 2025 : Tuhin Kanta Pandey appointed new SEBI Chairperson for 3-year term, Finance Secy to succeed Madhabi Puri Buch

Snowflake grows startup accelerator with $200M in new capital

Large NBFCs expect lower cost of funds post rollback of higher risk weights

Wires and cable stocks plunge as UltraTech Cement announces entry into the sector

TSX hits near 6-week low as trade tensions rise

L&T Infotech To Buy Analytics Start-Up

Non-bank brokers assess impact of SEBI, RBI nod for G-sec trading

Broker’s call: SRF (Buy) – The Hindu BusinessLine

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Insurance reforms: Govt to further relax foreign investment rules while raising FDI limit to 100%

DeepSeek scared away some AI funders. But this wealthy backer is ready to spend.

When consumption push and fiscal consolidation go hand in hand

Gold prices hit record high for 3rd straight day on MCX; spot gold tops $3,000 on safe-haven demand

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Insurance reforms: Govt to further relax foreign investment rules while raising FDI limit to 100%

DeepSeek scared away some AI funders. But this wealthy backer is ready to spend.

When consumption push and fiscal consolidation go hand in hand

Gold prices hit record high for 3rd straight day on MCX; spot gold tops $3,000 on safe-haven demand

Kerry Washington invests in wedding marketplace Cheersy

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Insurance reforms: Govt to further relax foreign investment rules while raising FDI limit to 100%

DeepSeek scared away some AI funders. But this wealthy backer is ready to spend.

When consumption push and fiscal consolidation go hand in hand

Gold prices hit record high for 3rd straight day on MCX; spot gold tops $3,000 on safe-haven demand

Kerry Washington invests in wedding marketplace Cheersy

MFIs likely to adopt cautious growth approach moving ahead: Satin Creditcare CMD