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NBFCs’ concentrated exposures to power and infra sectors could trigger systemic issues, cautions IMF

AIMPWAMarch 4, 2025

Non-Banking Finance Companies’ (NBFCs) concentrated exposures, especially to the power and infrastructure sectors—the cause behind the 2016 bank distress—could trigger systemic issues through their linkages with banks, corporate bond markets, and mutual funds, cautioned the International Monetary Fund (IMF) in its latest Financial Sector Assessment Programme (FSAP) for India. The FSAP recommended that financial stability...

Bank of India opens 111 branches

AIMPWAMarch 4, 2025

Bank of India (BOI) has opened 111 branches, taking its pan-India network to 5,301. Rajneesh Karnatak, Managing Director & Chief Executive Officer, said “This expansion strengthens our presence in key urban and semi-urban centres, bringing banking services closer to our customers. “By increasing our branch network, we aim to enhance accessibility, improve customer convenience, and...

Fees, subscription chief source of income for SEBI in FY24

AIMPWAMarch 4, 2025

Annual fees and subscription were the major source of income for SEBI in FY24 amounting to ₹1,206 crore, according to its annual statement of accounts. The other major sources of income for the regulator include registration fees (₹285 crore) and fees for offer documents (₹271 crore). Total income earned by the regulator amounted to ₹1,851...

Hydropower Projects With A 3,014 MW Capacity To Boost J&K’s Energy Security: LG Sinha

AIMPWAMarch 4, 2025

Jammu, Mar 4 (KNN) The Omar Abdullah-led government will seek the Centre’s support to fully harness the energy potential of Jammu and Kashmir, Lieutenant Governor Manoj Sinha stated on Monday. Addressing the Assembly during the Budget session, Sinha highlighted the region’s abundant water resources, which remain underutilised. He emphasised the government’s commitment to leveraging these...

J&K’s Industrial Growth Accelerates With Rs 28,400 Cr Investment Scheme: LG Sinha

AIMPWAMarch 4, 2025

Jammu, Mar 4 (KNN) Lieutenant Governor Manoj Sinha has reported substantial economic growth in Jammu and Kashmir in recent years, highlighting record tourist numbers in 2024 as a key indicator of the region’s improving economic landscape. According to Sinha, the territory has experienced significant advancement in industrial development and investment activities, positioning J&K on a...

Indian Banks Show Strong Performance in First Nine Months of FY25: Fitch

AIMPWAMarch 4, 2025

New Delhi, Mar 4 (KNN) Fitch Ratings on Monday reported that Indian banks have performed robustly in the first nine months of the current financial year, with the sector’s impaired loan ratio approaching its lowest point. The global rating agency stated that improvements in key performance metrics of Indian banks over recent years will provide strong...

Airconditioning To Push Electricity Demand Growth By 6.7% Through 2027

AIMPWAMarch 4, 2025

New Delhi, Mar 4 (KNN) India’s electricity demand is forecast to grow at an average annual rate of 6.3 per cent over the next three years, outpacing the 2015-2024 average growth rate of 5 per cent, according to the International Energy Agency (IEA). This robust growth is being driven by economic expansion and increasing air conditioner...

100% Rise In R&D Spending Expenditure Since 2013-14: Dr. Jitendra Singh

AIMPWAMarch 4, 2025

New Delhi, Mar 4 (KNN) India has doubled its research and development spending in the last decade under Prime Minister Narendra Modi’s leadership, with gross expenditure rising from Rs 60,196 crore in 2013-14 to Rs 1,27,381 crore. This significant increase is shaping India’s future economy through homegrown innovations in artificial intelligence, biotechnology, and quantum computing, according...

Bata India Backs PLI Scheme for Footwear Industry

AIMPWAMarch 4, 2025

New Delhi, Mar 4 (KNN) Footwear giant Bata India has voiced its support for a Production-Linked Incentive (PLI) scheme in the footwear sector, emphasising its potential to boost manufacturing, increase exports, and position India as a key player in global supply chains. Gunjan Shah, Managing Director and CEO of Bata India, highlighted the company’s engagement...

Commerce Minister Piyush Goyal Leaves For US As Trump Tariff Looms

AIMPWAMarch 4, 2025

New Delhi, Mar 4 (KNN) Commerce and Industry Minister Piyush Goyal has embarked on an unscheduled visit to the United States to initiate negotiations for a bilateral trade agreement, with an aim to finalise the deal by the end of 2025. During his visit to Washington, Goyal is expected to meet with US Commerce Secretary...

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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...

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...

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NBFCs’ concentrated exposures to power and infra sectors could trigger systemic issues, cautions IMF

Bank of India opens 111 branches

Fees, subscription chief source of income for SEBI in FY24

Hydropower Projects With A 3,014 MW Capacity To Boost J&K’s Energy Security: LG Sinha

J&K’s Industrial Growth Accelerates With Rs 28,400 Cr Investment Scheme: LG Sinha

Indian Banks Show Strong Performance in First Nine Months of FY25: Fitch

Airconditioning To Push Electricity Demand Growth By 6.7% Through 2027

100% Rise In R&D Spending Expenditure Since 2013-14: Dr. Jitendra Singh

Bata India Backs PLI Scheme for Footwear Industry

Commerce Minister Piyush Goyal Leaves For US As Trump Tariff Looms

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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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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

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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

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