BUSINESS – Page 7 – msmenews.sbs

Sensex, Nifty 50 volatile, Metal, realty & defence stocks shine, Tata Steel, BEL lead gainers

AIMPWAMay 14, 2025

Equity benchmark indices staged volatility amid geopolitical situation after opening positive as retail inflation eased to a nearly six-year low of 3.16 per cent in April. Sensex declined 172.14 pts or 0.21 per cent to 80,976.08 as at 12.54 pm, and Nifty 50 slipped 10.75 pts or 0.04 per cent to 24,567.60. Volatility index dropped...

BUSINESS

Govt may mop up ₹33,000 cr from April excise duty hike of petrol, diesel

AIMPWAMay 14, 2025

Government sources had said that the hike of ₹50 per 14.2 kg LPG cylinder is likely to generate around ₹10,000 crore in FY26. The government is expected to mop up additional around ₹33,000 crore due to the ₹2 per litre hike in the excise duty of key auto fuels—diesel and petrol—last month. “With the recent...

BUSINESS

Why arecanut sector wants GST reduction for copper sulphate

AIMPWAMay 14, 2025

A time-tested fungicide, the Bordeaux mixture is used to control fruit rot disease in arecanut plantation. With the monsoon a fortnight away, arecanut growers are preparing to spray Bordeaux mixture, a fungicide containing copper sulphate, on their crops. However, the price of copper sulphate has increased because of higher copper scrap prices. Another reason for...

BUSINESS

Tata Steel shares gain 5% as brokerages cheer strong Q4 show, Nuvama upgrades, company plans capex of ₹15,000 cr in FY26

AIMPWAMay 14, 2025

Tata Steel believes that its UK operations will break even in the next couple of quarters, while Europe operations are expected to break even in 1Q itself | Photo Credit: FRANCIS MASCARENHAS Tata Steel shares gained traction, surging 5 per cent, on Wednesday as brokerages cheered the company’s Q4 performance, driven by seasonally higher volumes...

India’s Retail inflation dipped to 3.16% in April

AIMPWAMay 14, 2025

Retail inflation, as measured by the Consumer Price Index (CPI), continued its downward trend in April, easing to 3.16 per cent — the lowest level since July 2019 — largely due to a decline in food product prices, the government reported on Tuesday. This represents a further drop from the 3.34 per cent recorded in...

BUSINESS

Paytm Money posts 4% growth in April, outpaces Dhan in active clients

AIMPWAMay 14, 2025

Paytm Money’s recent launches like ‘Trader Mode’ and ‘Options Scalper’ have appealed to more active users | Photo Credit: AMIT DAVE Paytm Money has emerged as the fastest-growing broker among India’s top 25 in April 2025, registering a 4 per cent increase in active clients — the highest among all major players. According to NSE‘s...

India to defend import curbs on copper in legal tussle with trade associations, sources say

AIMPWAMay 14, 2025

Highlights Government argues sufficient domestic copper supply amid import curbs case Trade bodies say curbs could create domestic supplier monopoly Copper demand in India expected to double by 2030 The Indian government is expected to argue that there is sufficient domestic supply of copper cathodes, and an adequate number of suppliers, as it prepares a...

Rupee rises 31 paise to 85.05 against US dollar in early trade

AIMPWAMay 14, 2025

The rupee appreciated 31 paise to 85.05 against the US dollar in early trade on Wednesday, supported by gains in domestic equities and positive macroeconomic data. Forex traders said a surge in global crude oil prices may weigh on the rupee. Over the last few sessions, Brent crude prices have surged to near $66 per...

Crude oil futures decline as industry data shows rise in US inventories

AIMPWAMay 14, 2025

Crude oil futures traded lower on Wednesday morning after industry data showed an increase in US inventories for the week ending May 9. At 9.59 am on Wednesday, July Brent oil futures were at $66.30, down by 0.50 per cent, and June crude oil futures on WTI (West Texas Intermediate) were at $63.38, down by...

Markets rebound on US-China trade truce, cooling inflation

AIMPWAMay 14, 2025

Markets opened positively today as the Sensex rose 270.10 points or 0.33 per cent to 81,418.32 after opening at 81,278.49, compared to the previous close of 81,148.22. The Nifty climbed 88.80 points or 0.36 per cent to 24,667.15, up from the previous close of 24,578.35 as of 9.35 am, following yesterday’s steep sell-off. The upward...

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Finland commits EUR 2.5 million to new phase of EIF support for sustainable trade in LDCs

AIMPWAJune 16, 2025

Finland has pledged EUR 2.5 million to the Enhanced Integrated Framework (EIF), providing an important early boost to the initiative’s third phase of activities in support of least developed countries (LDCs), set to begin in October 2025. The contribution builds on over a decade of Finnish commitments, totalling nearly EUR 30 million (over USD 32...

WTO | 2025 Press Releases – Japan gives CHF 105,000 to support trade capacity-building in developing economies

AIMPWAJune 16, 2025

The Global Trust Fund finances trade-related technical assistance in areas such as market access, trade facilitation, services and agriculture. The objective is to help participants better understand WTO agreements and participate more effectively in global trade negotiations. WTO Director-General Ngozi Okonjo-Iweala said: “We are grateful for Japan’s continued partnership, which reflects its longstanding commitment to...

Bajaj Markets Creates Online Platform For Small Business Loans

AIMPWAJune 16, 2025

New Delhi, Jun 16 (KNN) Bajaj Markets has launched a comprehensive digital platform that enables small business owners across India to apply for business loans online without the need for branch visits or extensive paperwork. The digital marketplace serves as a connecting point between entrepreneurs and an extensive network of established loan providers, facilitating the discovery...

Sacheerome Limited Debuts On NSE Emerge With 50% Premium Over IPO Price

AIMPWAJune 16, 2025

New Delhi, Jun 16 (KNN) Sacheerome Limited commenced trading on NSE Emerge platform on June 16, 2025, at Rs 153 per share, representing a 50 percent premium over its initial public offering price of Rs 102 per share. The fragrance and flavour manufacturing company’s market debut valued the firm at over Rs 350 crore in market...

The U.S. Navy is more aggressively telling startups, ‘We want you’

AIMPWAJune 15, 2025

While Silicon Valley executives like those from Palantir, Meta, and OpenAI are grabbing headlines for trading their Brunello Cucinelli vests for Army Reserve uniforms, a quieter transformation has been underway in the U.S. Navy. How? Well, the Navy’s Chief Technology Officer Justin Fanelli says he has spent the last two and a half years focused...

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Latest Posts

Sensex, Nifty 50 volatile, Metal, realty & defence stocks shine, Tata Steel, BEL lead gainers

Govt may mop up ₹33,000 cr from April excise duty hike of petrol, diesel

Why arecanut sector wants GST reduction for copper sulphate

Tata Steel shares gain 5% as brokerages cheer strong Q4 show, Nuvama upgrades, company plans capex of ₹15,000 cr in FY26

India’s Retail inflation dipped to 3.16% in April

Paytm Money posts 4% growth in April, outpaces Dhan in active clients

India to defend import curbs on copper in legal tussle with trade associations, sources say

Rupee rises 31 paise to 85.05 against US dollar in early trade

Crude oil futures decline as industry data shows rise in US inventories

Markets rebound on US-China trade truce, cooling inflation

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Finland commits EUR 2.5 million to new phase of EIF support for sustainable trade in LDCs

WTO | 2025 Press Releases – Japan gives CHF 105,000 to support trade capacity-building in developing economies

Bajaj Markets Creates Online Platform For Small Business Loans

Sacheerome Limited Debuts On NSE Emerge With 50% Premium Over IPO Price

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Finland commits EUR 2.5 million to new phase of EIF support for sustainable trade in LDCs

WTO | 2025 Press Releases – Japan gives CHF 105,000 to support trade capacity-building in developing economies

Bajaj Markets Creates Online Platform For Small Business Loans

Sacheerome Limited Debuts On NSE Emerge With 50% Premium Over IPO Price

The U.S. Navy is more aggressively telling startups, ‘We want you’

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Finland commits EUR 2.5 million to new phase of EIF support for sustainable trade in LDCs

WTO | 2025 Press Releases – Japan gives CHF 105,000 to support trade capacity-building in developing economies

Bajaj Markets Creates Online Platform For Small Business Loans

Sacheerome Limited Debuts On NSE Emerge With 50% Premium Over IPO Price

The U.S. Navy is more aggressively telling startups, ‘We want you’

Alexa von Tobel has high hopes for ‘fintech 3.0’