[ad_1] India’s services sector expanded at its fastest pace in 15 years in August, driven by strong demand and rising international orders, according to the HSBC India Services Purchasing Managers’ Index (PMI), compiled by S&P Global.The index rose to 62.9 in August from 60.5 in July, marking the sharpest growth since June 2010. A reading…
[ad_1] MUMBAI: CityMall has raised $47 million in funding led by Accel. Existing investors including Waterbridge Ventures, Citius, General Catalyst, Elevation Capital, Norwest Venture Partners, and Jungle Ventures also backed the round. The fresh capital will be deployed to expand besides boosting its portfolio of private labels and brand partnerships. Launched in 2019 by Angad…
[ad_1] Broader bullish trend can take gold prices to witness new highs in coming weeks. (AI image) Gold price prediction today: Gold is expected to trade in a sideways range with a bullish bias, while silver is likely to continue its bull run, says Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares and…
[ad_1] The upcoming GST Council meeting could influence market sentiment. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Wednesday. While Nifty50 was near 24,600, BSE Sensex was up over 50 points. At 9:16 AM, Nifty50 was trading at 24,592.05, up 12 points or 0.051%. BSE…
[ad_1] Anthropic has closed a deal to raise $13 billion from investors in a new funding round that nearly triples its valuation to $183 billion, including dollars raised – a larger-than-expected haul that makes the AI company one of the most valuable startups in the world. The financing, one of the largest to date for…
[ad_1] NEW DELHI: India had moved the World Trade Organisation, questioning the 50% tariff imposed by the Trump administration on certain copper products imported into the US.“India considers that the measure, although claimed to be taken for security interests, are, in essence, a safeguard measure,” it said in a communication to the Geneva-based global trade…
[ad_1] CHENNAI/NEW DELHI: Ahead of a crucial meeting of the GST Council starting Wednesday, finance minister Nirmala Sitharaman on Tuesday said the proposed rollout of next generation reforms in eight-year-old indirect tax will make an economy absolutely open and transparent and further lower the compliance burden, helping small businesses thrive.At an event organised by City…
[ad_1] As many as 13 companies, including Urban Company, which provides app-based beauty and home services, and Imagine Marketing, the parent of wearables brand boAt, have received Sebi approval to launch initial public offerings (IPOs), the regulator’s update on Tuesday showed.Other firms that obtained the clearance include Juniper Green Energy, Jain Resource Recycling, Mouri Tech,…
[ad_1] The sugar industry on Tuesday welcomed the Centre’s decision to remove quantitative restrictions on ethanol production from sugar for the 2025-26 Ethanol Supply Year (ESY), calling it a major boost that will ensure timely payments to farmers and help stabilise sugar prices.The food ministry on Monday issued a notification lifting the 4 million tonne…
[ad_1] The finance ministry will kick-start the Budget-making exercise for 2026-27 from October 9 against the backdrop of global geopolitical uncertainties and the steep 50% US tariff on Indian shipments.The upcoming Budget will need to address the challenges of boosting demand, creating jobs and ensuring the economy moves towards a sustained growth path of over…