New Delhi: At least 32 domestic startups secured nearly $135 million in funding this week, which saw four growth-stage deals and 22 early-stage deals in a significant jump of over 45 per cent from last week. Deeptech startups emerged as leader this week as Industrial robotics maker Haber raised Rs 317.2 crore (approximately $38 million)…
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MUMBAI: The Securities and Exchange Board of India (Sebi) on Thursday extended the deadline for the implementation of direct securities payouts to client’s demat account to November 11 to ensure smooth implementation, without any disruption to the market players and investors.Sebi explained that the extension, initially set for October 14 is a response to feedback…
China has imposed taxes on imports of European brandy in a move that France has said is retaliation for recent big tariffs the EU announced on Chinese electric vehicles. The European Commission said it would challenge China’s tax at the World Trade Organization (WTO), calling it an “abuse” of trade defence measures. But China said…
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Gold prices in Pakistan experienced a decline on Thursday, reflecting a decrease in international rates. In the local market, the price of gold per tola fell by Rs1,100, settling at Rs274,400. Similarly, the price for 10 grams of gold dropped by Rs943, reaching Rs235,254, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). This…
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Last Updated: October 01, 2024, 23:40 IST The term of the current external members – Ashima Goyal, Shashanka Bhide and Jayanth Varma – was due to end on Oct. 4.(Representative image) Ram Singh is the director of the Delhi School of Economics, with experience in teaching, research and publishing. Nagesh Kumar is the director of…
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Mumbai: India’s primary market continues to boom, with three SME IPOs set to launch next week from September 30, and the market will see several main board IPO listings like KRN Heat Exchanges, which received massive subscriptions of over 200 times. NeoPolitan Pizza, Foods SME IPO will open for retail investors from September 30 to…
Read More “IPO Market Buzz Continues Next Week With 3 New Public Issues” »
NEW DELHI: The Finance Ministry on Friday said that the central government plans to accumulate Rs 20,000 crores by introducing the ‘Sovereign Green Bonds‘ in the second half (Oct-Mar) of the financial year 2025.The ministry in a press release informed the government’s plans to complete the borrowing for the second half of FY 25 through…
UK banks must refund fraud victims up to £85,000 within five days under new rules. Most High Street banks and payment companies voluntarily compensate customers who are tricked into sending money to scammers. But in a world first, these refunds will become mandatory from 7 October, the Payment Systems Regulator (PSR) has announced. The watchdog…
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Stocks scaled a new peak on Friday, with the benchmark index surpassing the 82,000 mark during intraday trade, as forecasts of declining inflation and hopes of further monetary loosening by the central bank spurred a buying spree, traders said. The KSE-100 index jumped by 615.16 points, or 0.76%, to reach 82,074.44 from its previous close…
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US Fed Meeting: The US Federal Reserve on Wednesday cut key interest rates by 50 basis points to 4.75-5 per cent. This is the first rate cut in more than four years. The two-day meeting of the Federal Open Market Committee (FOMC), the rate-setting authority in the US, concluded on Wednesday. While addressing the media…
