BENGALURU: India’s venture-backed startups raised over Rs 44,000 crore ($5.3 billion) from public markets in FY25, more than double the late-stage capital they secured from private investors during the same period, according to The Rainmaker Group’s RainGauge Index FY25 Annual Update. The data points to a decisive shift in the startup funding lifecycle with IPOs,…
Rigorous new research appears to show that monthly checks intended to help disadvantaged children did little for their well-being, adding a new element to a dispute over expanded government aid. Source link
China’s decision to ban exports of certain rare earth elements could disrupt India’s domestic production and exports in at least five core sectors, including transport equipment, basic metals, machinery, construction, and electronics, according to a new report from economists at the State Bank of India (SBI).The report pegged India’s rare earth and compound imports at…
Many pharmaceutical products made in Europe will face a 15 percent tariff, pinching manufacturers and potentially leading to higher drug prices. Source link
While benchmark indices like the Nifty 50 and Nifty 500 have rebounded and now sit 5–6% below their September 2024 record highs, a majority of the broader market continues to lag, with over 60% of NSE 500 stocks still trading more than 20% below their 2024 peaks, according to an ETIG study.The surge earlier in…
As its private-equity owner fought antitrust allegations, the countertop cooker suddenly embraced the president’s politics, trying the new playbook of lobbying through flattery. Source link
As the final leg of the 7th Pay Commission nears, nearly 1 crore central government employees and pensioners are now tracking the next hike in Dearness Allowance (DA) and Dearness Relief (DR), which is due to be announced soon. Although the hike will be effective from July 2025, the actual credit of revised salaries typically…
President Trump is seeking to raise federal revenue by imposing levies on goods from foreign nations. Here’s how the process works. Source link
Life Insurance Corporation of India has ramped up its activity in the bond derivatives market, entering into $1 billion worth of forward rate agreements (FRAs) with global lenders including JPMorgan Chase & Co. and Bank of America Corp., Bloomberg reported, citing people familiar with the matter.The deals, executed over the past two months, now represent…
She put millions from her foundation into projects in California, like a performing arts center in Beverly Hills and a wildlife crossing over the busy 101 freeway. Source link
