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$10 bn Swap auction by RBI gets healthy response

AIMPWAMarch 1, 2025

The Reserve Bank of India (RBI) received a healthy response to the $10 billion US Dollar (USD)/ Indian Rupee (INR) buy/sell swap auction of three years tenor it conducted on Friday. The auction was oversubscribed 1.62 times. This is the second swap auction that RBI conducted in the last one month and is part of...

PM Modi Reviews Ayush Sector Growth, Highlights Global Leadership In Traditional Medicine

AIMPWAMarch 1, 2025

New Delhi, Feb 28 (KNN) Prime Minister Narendra Modi recently chaired a high-level meeting at 7 Lok Kalyan Marg to review the Ayush sector’s development, emphasising its critical role in holistic healthcare, traditional knowledge preservation, and contribution to India’s wellness ecosystem. The meeting focused on evaluating the sector’s progress since the establishment of the Ministry...

First Tranche Of Exploration Licenses For Critical & Deep-seated Minerals To Be Launched In March 2025

AIMPWAMarch 1, 2025

New Delhi, Feb 28 (KNN) Union Minister of Coal and Mines G Kishan Reddy announced today that the Ministry of Mines will launch the first tranche auction of Exploration License blocks in March 2025. Speaking at a press conference in New Delhi, the Minister noted that this initiative follows the 2023 amendment to the MMDR...

Organised Retail Sector To Hit USD 230 Bn By 2030: Deloitte-RAI Report

AIMPWAFebruary 28, 2025

New Delhi, Feb 28 (KNN) India’s organised retail sector is experiencing robust growth and is expected to reach USD 230 billion by 2030, driven by increasing disposable incomes and evolving consumer preferences, according to a report released jointly by Deloitte and the Retailers Association of India (RAI) on Thursday. The report highlights that the sector...

Wipro To Invest $200 Million in Startups In Financial Services, Healthcare & Energy

AIMPWAFebruary 28, 2025

Bengaluru, Feb 28 (KNN) Wipro has announced a fresh USD 200 million investment in its venture capital arm, Wipro Ventures, as part of its latest funding round. This marks the fourth round of funding since the firm’s inception, reinforcing its commitment to supporting early to mid-stage startups globally. Wipro Ventures plays a crucial role in fostering...

India Weighs Tariff Cuts to Avoid US Trade Penalties

AIMPWAFebruary 28, 2025

New Delhi, Feb 28 (KNN) New Delhi is exploring significant tariff reductions on a range of imports, including automobiles, chemicals, and electronics, in a bid to avoid US President Donald Trump’s proposed reciprocal tariffs, sources familiar with the matter revealed. Officials are discussing lowering duties on key US exports such as agricultural products, pharmaceuticals, and...

Indian Pharma Industry Urges Zero Tariffs on US Drug Imports

AIMPWAFebruary 28, 2025

New Delhi, Feb 28 (KNN) The Indian Pharmaceutical Alliance (IPA), representing major Indian drug manufacturers, has suggested that the government consider reducing tariffs on US drug imports to zero. This proposal comes as a countermeasure to the Trump administration’s consideration of a 25 per cent import tariff on Indian pharmaceutical products. According to IPA Secretary...

Government Support and Localisation Propel Renewable Energy Growth

AIMPWAFebruary 28, 2025

New Delhi, Feb 28 (KNN) The renewable energy sector is witnessing rapid growth, with industry leaders emphasising the need for localising the supply chain to sustain this momentum. Amit Singh, CEO of Adani Green Energy Ltd, highlighted the importance of localisation, stating, “If we want to move fast, we need to work on localisation of...

India Begins Exporting Apple Components to China, Vietnam

AIMPWAFebruary 28, 2025

New Delhi, Feb 28 (KNN) India has taken a significant step in the global electronics supply chain by exporting electronic components to China and Vietnam for the first time. This milestone marks a role reversal, as India has traditionally been a net importer of such components. The exports, meant for manufacturing Apple products like MacBooks,...

India Needs USD 300 Bn Renewable Energy Investment By 2032: Think Tank Ember

AIMPWAFebruary 28, 2025

New Delhi, Feb 25 (KNN) A recent report by UK-based energy think tank Ember reveals that India requires USD 300 billion in renewable energy investment by 2032 to meet its ambitious clean energy targets. Annual financing must grow to USD 68 billion, representing a 20 per cent yearly increase from current levels. The analysis warns...

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DeepSeek scared away some AI funders. But this wealthy backer is ready to spend.

AIMPWAMarch 14, 2025

Why government — not business — will see that AI startups get the money they need. Source link

When consumption push and fiscal consolidation go hand in hand

AIMPWAMarch 14, 2025

The budget this year came in the background of an economic slowdown led by weak urban consumption and lower government capex. Hence, finance minister (FM) Nirmala Sitharaman was expected to stimulate growth while continuing on the path of fiscal consolidation. The budget has delivered on this by incentivizing urban consumption through tax cuts while continuing...

Gold prices hit record high for 3rd straight day on MCX; spot gold tops $3,000 on safe-haven demand

AIMPWAMarch 14, 2025

Gold price today: Maintaining its upward run for the third straight day, gold prices touched another peak on the Multi Commodity Exchange (MCX) in today’s trading session, March 14. The April expiry contract opened higher at ₹87,781 per 10 grams and strengthened further to hit a fresh peak of ₹88,280, marking a 0.57% jump from...

Kerry Washington invests in wedding marketplace Cheersy

AIMPWAMarch 14, 2025

Kerry Washington is expanding her angel investment portfolio, serving as lead investor in the pre-seed round of the wedding marketplace Cheersy. Cheersy, which was founded in 2024 by Amy Shack Egan, helps couples find day-of service wedding coordinators and has raised a total of $550,000, from other investors including Christina Tosi, the founder of Milk...

MFIs likely to adopt cautious growth approach moving ahead: Satin Creditcare CMD

AIMPWAMarch 14, 2025

Microfinance institutions (MFIs) are likely to proceed with cautious growth approach going ahead, after recording rapid growth in the range of 25-40 per cent in earlier years, and subsequently seeing stress in their asset quality, HP Singh, CMD, Satin Creditcare Network, tells businessline in an interaction. He talks about when the MFI sector stress is...

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Latest Posts

$10 bn Swap auction by RBI gets healthy response

PM Modi Reviews Ayush Sector Growth, Highlights Global Leadership In Traditional Medicine

First Tranche Of Exploration Licenses For Critical & Deep-seated Minerals To Be Launched In March 2025

Organised Retail Sector To Hit USD 230 Bn By 2030: Deloitte-RAI Report

Wipro To Invest $200 Million in Startups In Financial Services, Healthcare & Energy

India Weighs Tariff Cuts to Avoid US Trade Penalties

Indian Pharma Industry Urges Zero Tariffs on US Drug Imports

Government Support and Localisation Propel Renewable Energy Growth

India Begins Exporting Apple Components to China, Vietnam

India Needs USD 300 Bn Renewable Energy Investment By 2032: Think Tank Ember

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DeepSeek scared away some AI funders. But this wealthy backer is ready to spend.

When consumption push and fiscal consolidation go hand in hand

Gold prices hit record high for 3rd straight day on MCX; spot gold tops $3,000 on safe-haven demand

Kerry Washington invests in wedding marketplace Cheersy

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DeepSeek scared away some AI funders. But this wealthy backer is ready to spend.

When consumption push and fiscal consolidation go hand in hand

Gold prices hit record high for 3rd straight day on MCX; spot gold tops $3,000 on safe-haven demand

Kerry Washington invests in wedding marketplace Cheersy

MFIs likely to adopt cautious growth approach moving ahead: Satin Creditcare CMD

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DeepSeek scared away some AI funders. But this wealthy backer is ready to spend.

When consumption push and fiscal consolidation go hand in hand

Gold prices hit record high for 3rd straight day on MCX; spot gold tops $3,000 on safe-haven demand

Kerry Washington invests in wedding marketplace Cheersy

MFIs likely to adopt cautious growth approach moving ahead: Satin Creditcare CMD

Tax changes in budget will increase bank deposits by ₹40,000-45,000 crore: DFS secretary M Nagaraju