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STARTUPs

Education India 2016 Prog To Identify Innovative Startups

AIMPWAFebruary 27, 2025

NEW DELHI: Village Capital and Michael & Susan Dell Foundation today said they have concluded a mentoring programme aimed at making early-stage Indian education start-ups more investment ready. Funded by the Michael & Susan Dell Foundation, the Education India 2016 programme identified 10 innovative, early-stage enterprises that are helping to increase underserved students’ chances of accessing college education and improving...

Chanda Kochhar turns over a new leaf; takes to podcasting

AIMPWAFebruary 27, 2025

Chanda Kochhar, the erstwhile poster-girl of the banking sector, who was removed as the chief of ICICI Bank in the wake of allegations of wrongdoing in loan sanctions, seems to be trying to turnover a new leaf. She has taken to the media, launching her podcast “Journey Unscripted with Chanda Kochhar” on February 13. Kochhar...

Rupee falls 22 paise to 87.41 against US dollar in early trade

AIMPWAFebruary 27, 2025

The rupee declined 22 paise to 87.41 against the US dollar in early trade on Thursday after the latest tariff announcements from the US weighed on emerging currencies, including the rupee. Forex traders said the latest tariff announcements from the US have sent shockwaves through global markets, strengthening the dollar. Also read: Trump: US to...

HDFC Mutual Fund raises stake to 7.27% in this beaten down mid-cap stock

AIMPWAFebruary 27, 2025

HDFC Mutual Fund has raised its stake in midcap stock BEML to 7.37 percent from 5.23 percent earlier. According to the disclosure, HDFC Mutual Fund, through its various schemes, acquired an additional 8,49,308 equity shares of BEML Limited. Before the acquisition, the fund’s holding stood at 5.23 percent, representing 21,79,541 shares with voting rights. Following...

STARTUPs

Rs.50 Cr OIL Start-Up Fund For New Ideas In Oil & Gas Sector

AIMPWAFebruary 27, 2025

GAWAHATI: Oil India Limited (OIL) has set up an OIL Start-Up fund of 50 crore to encourage new “out of the box” ideas related to the oil and gas sector, particularly in the Northeast. The oil exploration major’s chairman-cum-managing director Utpal Bora today said in a press conference that the initiative was in line with the Centre’s ‘Start-up India’ initiative. “The OIL Start-Up fund...

RBI allows NICB depositors to withdraw up to ₹25,000 from February 27

AIMPWAFebruary 27, 2025

In a relief for depositors at the New India Co-operative Bank (NICB), the Reserve Bank of India (RBI) has now allowed customers to withdraw up to Rs 25,000 from their deposit account from February 27 onwards, the RBI said in a statement. “The Reserve Bank, after reviewing the bank’s liquidity position in consultation with the...

Markets open flat amid monthly expiry volatility, Trump tariff concerns

AIMPWAFebruary 27, 2025

Benchmark indices opened flat on Thursday morning as traders remained cautious ahead of the monthly futures and options (F&O) expiry, with ongoing concerns about potential US tariffs and continued foreign institutional investor (FII) selling weighing on market sentiment. As of 9.50 AM, the Sensex opened at 74,706.60 compared to its previous close of 74,602.12 and...

52 Week Low Stocks Today on February 27, 2025: Havells India, Tata Motors & others hit 52 week low today ;Check the full list here

AIMPWAFebruary 27, 2025

52 Week Low Stocks Today on February 27, 2025: Shares of Havells India, Tata Motors, DLF, ACC, State Bank Of India hit their fresh 52 wk lows today. Nifty 50 was up by 7.35(0.03%) points and Sensex was up by 30.81(0.04%) points at 27 Feb 2025 11:00:04 IST. Bank Nifty was up by 313.9(0.65%) points...

STARTUPs

Average Size Of Startup Funding Up 27 Pct To Rs.4.6 Crore

AIMPWAFebruary 27, 2025

NEW DELHI: The average size of funding received by start-ups from angel investors grew 27 pct to 4.67 crore in 2015, from 1.06 crore in 2009, a report said. Also, the average investments made by these angel investors individually saw an annual growth rate of 34 pct from 0.21 crore in 2009 to...

Govt seeks merchant bankers for selling equity in public sector banks, financial institutions

AIMPWAFebruary 27, 2025

The Department of Investment and Public Asset Management (DIPAM) on Monday invited bids from merchant bankers to assist the government in its planned stake sale in public sector banks and financial institutions. According to the request for proposal (RFP) floated by DIPAM, the merchant bankers would be empanelled for a period of three years (further...

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Banks see cracks in the economy as consumers blink at inflation, tariffs

AIMPWAMarch 14, 2025

Banks are seeing lower credit-card spending, while delinquencies are rising. Source link

Budget lowers India’s average customs duty rate, sends positive signal to the US: CBIC chair

AIMPWAMarch 14, 2025

New Delhi: The customs duty rejig announced in the Union budget for FY26 lowers India’s average customs duty rate sharply from 11.65% to 10.66% and sends a positive signal to India’s trading partners like the US, Central Board of Indirect Taxes and Customs (CBIC) Chairperson Sanjay Kumar Agarwal said in a post-budget interview. The comments...

Muthoot Finance crosses ₹1 lakh crore in gold loan AUM

AIMPWAMarch 14, 2025

Continuing its leadership in the gold loan sector, Muthoot Finance has surpassed ₹1 lakh crore in gold loan AUM as of March 14, 2025. The achievement comes amid a strong demand for gold loans, as credit availability from other sources, including fintech lending, unsecured loans, and microfinance, has moderated in recent months, said a press...

Days of intrusive tax scrutiny are over, taxpayer facilitation is the new mantra: CBDT chairperson Ravi Agarwal

AIMPWAMarch 14, 2025

The days of intrusive tax scrutiny and compliance enforcement are over and tax administration will be based purely on trust and greater reliance on data mining, Central Board of Direct Taxes chairperson Ravi Agrawal said in a post-budget interview to Mint. Agarwal said that under the revamped new personal income tax regime, those with ₹24 lakh...

Budget 2025: Not all LED TV makers are thrilled about duty exemption on open cell parts

AIMPWAMarch 14, 2025

New Delhi: The exemption of import duties on components required for making open cells—a key part of LED televisions—has divided India’s nearly-$10-billion TV industry. A section of manufacturers sees the budget announcement as a big boost, but others say the relief will only benefit specific companies, not the entire sector. “The duty abolition will only...

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Latest Posts

Education India 2016 Prog To Identify Innovative Startups

Chanda Kochhar turns over a new leaf; takes to podcasting

Rupee falls 22 paise to 87.41 against US dollar in early trade

HDFC Mutual Fund raises stake to 7.27% in this beaten down mid-cap stock

Rs.50 Cr OIL Start-Up Fund For New Ideas In Oil & Gas Sector

RBI allows NICB depositors to withdraw up to ₹25,000 from February 27

Markets open flat amid monthly expiry volatility, Trump tariff concerns

52 Week Low Stocks Today on February 27, 2025: Havells India, Tata Motors & others hit 52 week low today ;Check the full list here

Average Size Of Startup Funding Up 27 Pct To Rs.4.6 Crore

Govt seeks merchant bankers for selling equity in public sector banks, financial institutions

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Banks see cracks in the economy as consumers blink at inflation, tariffs

Budget lowers India’s average customs duty rate, sends positive signal to the US: CBIC chair

Muthoot Finance crosses ₹1 lakh crore in gold loan AUM

Days of intrusive tax scrutiny are over, taxpayer facilitation is the new mantra: CBDT chairperson Ravi Agarwal

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Banks see cracks in the economy as consumers blink at inflation, tariffs

Budget lowers India’s average customs duty rate, sends positive signal to the US: CBIC chair

Muthoot Finance crosses ₹1 lakh crore in gold loan AUM

Days of intrusive tax scrutiny are over, taxpayer facilitation is the new mantra: CBDT chairperson Ravi Agarwal

Budget 2025: Not all LED TV makers are thrilled about duty exemption on open cell parts

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Banks see cracks in the economy as consumers blink at inflation, tariffs

Budget lowers India’s average customs duty rate, sends positive signal to the US: CBIC chair

Muthoot Finance crosses ₹1 lakh crore in gold loan AUM

Days of intrusive tax scrutiny are over, taxpayer facilitation is the new mantra: CBDT chairperson Ravi Agarwal

Budget 2025: Not all LED TV makers are thrilled about duty exemption on open cell parts

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