BUSINESS – Page 27 – msmenews.sbs

RBI Added 57 Tons To Gold Reserve Chest In 2025

AIMPWAMay 6, 2025

New Delhi, May 6 (KNN) The Reserve Bank of India (RBI) expanded its gold reserves by approximately 25 tonnes during the latter half of fiscal year 2025, coinciding with a significant uptrend in global gold prices, according to official data released Monday. The central bank’s total gold holdings reached 879.59 tonnes as of March 31,...

FICCI & Tourism Ministry Hosted ‘Meet in India’ Conclave 2025 To Boost MICE Sector

AIMPWAMay 6, 2025

Jaipur, May 6 (KNN) The Ministry of Tourism, in collaboration with the Rajasthan Tourism Department and the Federation of Indian Chambers of Commerce & Industry (FICCI), hosted the Meet in India Conclave on May 4, 2025, in Jaipur. The event, organised alongside the 14th Great Indian Travel Bazaar (GITB), focused on advancing India’s position in...

Low Inflation May Prompt RBI To Rate Cuts: SBI Research

AIMPWAMay 6, 2025

New Delhi, May 6 (KNN) India’s headline retail inflation is expected to fall below 3 percent in the April-June quarter, which will likely prompt the Reserve Bank of India (RBI) to implement cumulative policy interest rate cuts of 125 basis points in the current financial year, according to a report released by SBI Research on...

Broker’s call: IDFC First Bank (Neutral)

AIMPWAMay 6, 2025

Target: ₹71.10 CMP: ₹65.53 In Q4-FY25, IDFC First Bank Ltd reported strong growth in its loan book, rising 20/5 per cent on a y-o-y/q-o-q basis, with the retail segment growing at 16/4 per cent on a y-o-y/q-o-q basis and contributing about 69 per cent of the total loan book during the quarter. Within the...

BUSINESS

Rising imports pull down pepper prices in domestic market

AIMPWAMay 6, 2025

Indian pepper prices are ruling on the higher side overseas at $8650 tonne compared to $7200 of Sri Lanka, Vietnam ($7100), Brazil ($7000), Indonesia ($7500). Rising imports of Sri Lankan pepper has hit the prices of the commodity in the domestic market, witnessing a ₹25 per kg drop in the last fortnight. Traders said that...

SEBI sets ₹1 cr minimum investment, mandatory demat for securitised debt instruments

AIMPWAMay 6, 2025

Markets regulator SEBI has mandated a minimum ticket size or investment threshold of ₹1 crore for the RBI-regulated originators and unregulated entities engaged in securitisation activities. Securitised Debt Instruments (SDIs) are financial products created by pooling together various types of debt — such as loans, mortgages, or receivables — and then selling them as securities...

BUSINESS

Nuts and Dry Fruits Council seeks air corridor to transport dry fruits from Afghanistan

AIMPWAMay 6, 2025

Nut and Dry Fruit Council of India Gunjan Jain The Nut and Dry Fruit Council of India (NDFC-I) has urged the Centre to create an air corridor for the transportation of nuts and dry fruits from Afghanistan to India, as its border with Pakistan has been closed. “That’s something that we are asking the government...

Veritas Finance, Laxmi India Finance, 3 others get SEBI nod to float IPOs

AIMPWAMay 6, 2025

As many as five companies including Veritas Finance, Laxmi India Finance and Ajay Poly, have received SEBI’s go ahead to raise funds through an initial public offering (IPOs), an update with the markets regulator showed on Tuesday. Rajasthan-based Jajoo Rashmi Refractories and Kolkata-based agro-based company Regaal Resources also received SEBI’s nod to float initial share-sales....

Dropping oil price boosts odds of Ukraine peace deal, Trump says

AIMPWAMay 6, 2025

President Donald Trump said the sliding price of oil is intensifying pressure on Russia and boosting the odds for a deal to end its war in Ukraine. “I think Russia, with the price of oil right now — oil has gone down — I think we’re in a good position to settle,” Trump told reporters...

Top gainers, losers today May 6, 2025: Sensex, Nifty 50 decline marginally, Hero Motocorp, Bharti Airtel, M&M lead gainers

AIMPWAMay 6, 2025

Shares of Hero Motocorp, Bharti Airtel, Tata Steel, M&M and Hindustan Unilever traded among top gainers of Nifty 50 components, while Adani Enterprises, Titan, NTPC, Cipla and Trent depreciated. Equity benchmark indices delivered volatile trends amid geopolitical tension between India and Pakistan and ahead of US Federal Reserve’s policy decision. Sensex declined by 195.44 pts...

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After Shopify bought his last startup, Birk Jernström wants to help developers build one-person unicorns

AIMPWAJune 18, 2025

Sam Altman and “his tech CEO friends” have a betting pool on the year we will see the first one-person billion-dollar company. The idea of a single person reaching a billion-dollar valuation for a startup would have been unthinkable without AI. But single-person, AI-first businesses have been sprouting all over the tech industry and Birk...

A comprehensive list of 2025 tech layoffs

AIMPWAJune 17, 2025

The tech layoff wave is still kicking in 2025. Last year saw more than 150,000 job cuts across 549 companies, according to independent layoffs tracker Layoffs.fyi. So far this year, more than 22,000 workers have been the victim of reductions across the tech industry, with a staggering 16,084 cuts taking place in February alone. We’re...

In just 3 months, Ramp’s valuation jumped to $16B, up from $13B

AIMPWAJune 17, 2025

Spend management startup Ramp announced on Tuesday that it raised a $200 million Series E led by its largest investor, Founders Fund, at a post-money valuation of $16 billion. This is a jaw-dropping $3 billion increase over the $13 billion valuation Ramp announced just a few months ago in March, after a $150 million secondary...

STARTUPs

Unlock scaling growth at TC All Stage, and get $210 off for 6 more days

AIMPWAJune 17, 2025

T-minus 6 days until TechCrunch All Stage ticket prices rise. From now until June 22 at 11:59 p.m. PT, founders save $210 and investors save $200 on passes. Are you ready to push your startup to the next level? Or are you an investor looking to back the next big breakthrough? Join TC All Stage...

Applied Intuition raises $600 million as it pushes further into defense

AIMPWAJune 17, 2025

Buzzy autonomous vehicle software company Applied Intuition has closed a $600 million Series F funding round, pushing its valuation up to $15 billion. The round was co-led by BlackRock-managed funds and Kleiner Perkins, and included new investments from the Qatar Investment Authority, Abu Dhabi Investment Council, Greycroft, and more. Existing investors General Catalyst, Lux, Elad...

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Latest Posts

RBI Added 57 Tons To Gold Reserve Chest In 2025

FICCI & Tourism Ministry Hosted ‘Meet in India’ Conclave 2025 To Boost MICE Sector

Low Inflation May Prompt RBI To Rate Cuts: SBI Research

Broker’s call: IDFC First Bank (Neutral)

Rising imports pull down pepper prices in domestic market

SEBI sets ₹1 cr minimum investment, mandatory demat for securitised debt instruments

Nuts and Dry Fruits Council seeks air corridor to transport dry fruits from Afghanistan

Veritas Finance, Laxmi India Finance, 3 others get SEBI nod to float IPOs

Dropping oil price boosts odds of Ukraine peace deal, Trump says

Top gainers, losers today May 6, 2025: Sensex, Nifty 50 decline marginally, Hero Motocorp, Bharti Airtel, M&M lead gainers

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After Shopify bought his last startup, Birk Jernström wants to help developers build one-person unicorns

A comprehensive list of 2025 tech layoffs

In just 3 months, Ramp’s valuation jumped to $16B, up from $13B

Unlock scaling growth at TC All Stage, and get $210 off for 6 more days

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After Shopify bought his last startup, Birk Jernström wants to help developers build one-person unicorns

A comprehensive list of 2025 tech layoffs

In just 3 months, Ramp’s valuation jumped to $16B, up from $13B

Unlock scaling growth at TC All Stage, and get $210 off for 6 more days

Applied Intuition raises $600 million as it pushes further into defense

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After Shopify bought his last startup, Birk Jernström wants to help developers build one-person unicorns

A comprehensive list of 2025 tech layoffs

In just 3 months, Ramp’s valuation jumped to $16B, up from $13B

Unlock scaling growth at TC All Stage, and get $210 off for 6 more days

Applied Intuition raises $600 million as it pushes further into defense

Sword Health nabs $40M at $4B valuation, pushes IPO plans to at least 2028