BUSINESS – Page 31 – msmenews.sbs

Share of gold in India’s forex reserves doubles in four years, says RBI report

AIMPWAMay 5, 2025

The share of gold held by the Reserve Bank of India in its foreign exchange reserves has doubled in the last four years as on March-end, a report by the RBI showed on Monday. In dollar value terms, the share of gold in the total foreign exchange reserves increased to about 11.70 per cent by...

Indian Economy Maintains Strong Growth Trajectory Amid Global Challenges: CEA

AIMPWAMay 5, 2025

New Delhi, May 5 (KNN) Chief Economic Advisor V. Anantha Nageswaran has affirmed that India’s economy continues on a high growth path despite prevailing global challenges. Speaking at an Ashoka University event, Nageswaran stated, “India’s economy is in good shape despite challenging global environment. While the final number for FY25 will be available in May, current...

Share market highlights: Sensex rises 295 points, Nifty hits 24,461 on foreign inflows; Oil & Gas stocks rally

AIMPWAMay 5, 2025

•Fixed Income The New 10-Year Benchmark GOI 6.79 2034 traded between 6.32% – 6.39% during the week ending on 02nd May 2025 (Closing yield: 6.3538%). The Old 10-Year Benchmark GOI 7.10 2034 traded between 6.33% – 6.40% during the week ending on 02nd May 2025 (Closing yield: 6.3671%), tracking movement involved around US Treasury, Currency,...

Rupee jumps 24 paise to close at 84.33 against US dollar

AIMPWAMay 5, 2025

The rupee surged 24 paise to 84.33 (provisional) against the US dollar on Monday, supported by a sharp decline in crude oil prices and a positive trend in domestic equities. Robust equity inflows — totalling ₹2,769.81 crore — reflect continued foreign investor interest in Indian assets, forex traders said, adding while capital inflows offer support,...

Sensex, Nifty 50 trades firm, Adani group stocks shine, M&M, Kotak Mahindra, SBI, R R Kabel, Netweb shares in action

AIMPWAMay 5, 2025

Benchmark indices traded firm due to sustained foreign fund inflows. Sensex soared 203.31 pts or 0.25 per cent to 80,705.30 as at 12.21 pm, and Nifty 50 was up 87.35 pts or 0.36 per cent at 24,434.05. Midcap index outperformed. Nifty midcap 100 rose 1.45 per cent to 54,482.40 and Nifty smallcap 100 inched up 0.61...

Rupee rises 39 paise to 84.18 against US dollar in early trade

AIMPWAMay 5, 2025

The rupee gained 39 paise to 84.18 against the US dollar in early trade on Monday, as continued foreign investor interest in Indian assets lent fundamental support to the local unit. Forex traders said a sharp decline in crude oil prices and a positive trend in domestic equities enthused investors further. Brent crude oil prices...

State Bank shares decline over 2% after Q4 earnings

AIMPWAMay 5, 2025

Shares of State Bank of India went lower by over 2 per cent on Monday after the firm reported an 8.34 per cent decline in its consolidated net profit for the January-March quarter. The company’s stock dipped 2 per cent to ₹783.65 on the BSE. At the NSE, it went lower by 2.25 per cent...

Sensex climbs 400 pts, Adani group stocks lead gainers, Kotak Mahindra & SBI slumps

AIMPWAMay 5, 2025

Equity benchmark indices traded with marginal gains on Monday morning aided by steady foreign inflows and easing global trade tensions. Sensex climbed 408.14 pts or 0.51 per cent to 80,910.13 as at 10.05 am after opening at 80,661.62, and Nifty 50 rose gained 126.15 pts or 0.52 per cent to 24,472.85 . Midcap and smallcap...

BUSINESS

Kotak Mahindra Bank drops on worries over higher credit costs, soft loan growth

AIMPWAMay 5, 2025

FILE PHOTO: A man walks past the Kotak Mahindra Bank branch in New Delhi, India | Photo Credit: ADNAN ABIDI Kotak Mahindra Bank’s shares slid 5.5 per cent on Monday after the lender’s fourth-quarter results fanned concerns over higher credit costs and softer loan growth. The lender reported a bigger-than-expected drop in profit on Saturday,...

BUSINESS

Crude Oil Futures: Falls below $60 a barrel as OPEC+ announces output hike

AIMPWAMay 5, 2025

Market players feel latest OPEC+ move could impact prices of crude oil | Photo Credit: Eli Hartman Crude oil futures traded below $60 a barrel on Monday morning after the Organisation of the Petroleum Exporting Countries and allies, known as OPEC+, decided to increase production output, signalling surplus supplies in the coming months. At 9.57...

1 … 29 30 31 32 33 … 201

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...

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

AIMPWAJune 17, 2025

Sword Health, an AI-powered digital health startup, has raised $40 million at a $4 billion valuation, a 33% jump from the $3 billion price tag it earned just a year ago. The funding was led by returning investor General Catalyst. Even though 10-year-old Sword Health is cash-flow positive, its CEO and founder, Virgílio Bento, told...

In just 3 months, Ramp’s valuation jumped to $16B 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 $16 billion valuation. This is a jaw-dropping $3 billion increase over the $13 billion valuation Ramp announced just a few months ago in March from a $150 million secondary...

ALL INDIA MSMES PROMOTION AND WELFARE ASSOCIATION

Latest Posts

Share of gold in India’s forex reserves doubles in four years, says RBI report

Indian Economy Maintains Strong Growth Trajectory Amid Global Challenges: CEA

Share market highlights: Sensex rises 295 points, Nifty hits 24,461 on foreign inflows; Oil & Gas stocks rally

Rupee jumps 24 paise to close at 84.33 against US dollar

Sensex, Nifty 50 trades firm, Adani group stocks shine, M&M, Kotak Mahindra, SBI, R R Kabel, Netweb shares in action

Rupee rises 39 paise to 84.18 against US dollar in early trade

State Bank shares decline over 2% after Q4 earnings

Sensex climbs 400 pts, Adani group stocks lead gainers, Kotak Mahindra & SBI slumps

Kotak Mahindra Bank drops on worries over higher credit costs, soft loan growth

Crude Oil Futures: Falls below $60 a barrel as OPEC+ announces output hike

Trending News

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

Editor's Picks

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

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

Quick Links

Popular Categories

Must Read

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

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

Last call to volunteer at TC All Stage 2025