Economy

New Delhi: The US-based startup ecosystem saw a total of 4,463 venture capital (VC) deals during January to November this year, with a disclosed funding value of $125 billion, a report showed on Tuesday. This marks a significant year-on-year (YoY) improvement in total funding value despite a decline in the number of VC deals volume,

Mumbai: The year 2024 has been a historic one for the Indian stock market. Corporates raised bumper funds from investors through initial public offerings (IPOs), follow-on public offers (FPOs), qualified institutional placements (QIPs) and rights issues, and set several new records. In 2024, domestic companies raised Rs 1.64 lakh crore through 90 IPOs. During this

New Delhi: Bharti Airtel on Tuesday said it recorded the highest net wireless subscriber additions in October, adding 1.93 million mobile subscribers during the month, thus reflecting steady growth amid a shifting telecom landscape. The company said it remains committed to supporting India’s digital growth and providing robust connectivity solutions. As per latest Telecom Regulatory

New Delhi:  The online pharmacy sector in the country will see steady revenue growth next fiscal, reducing operating losses to below 10 per cent from over 30 per cent in fiscal 2023, by sharpening focus on high-margin product segments and operational efficiencies, a report showed on Tuesday. E-pharmacies are eyeing sustainable growth by diversifying into

Seoul:  South Korea’s exports of bakery-related products, such as snacks, reached a record high this year, bolstered by the growing global popularity of Korean culture and cuisine, the customs agency said on Tuesday. Outbound shipments of bakery products came to an all-time high of $440 million in the January-November period, up 8.3 per cent from

Mumbai:  The Indian stock market opened flat on Tuesday amid positive global cues. At around 9:28 am, Sensex was trading at 78,588.23 after gaining 48.06 points or 0.06 per cent, while the Nifty was trading at 23,766.30 after gaining 12.85 points or 0.05 per cent. The market trend remained positive. On the National Stock Exchange

New Delhi: The total number of exporting micro, small and medium enterprises (MSMEs) increased considerably from 52,849 in 2020-21 to 1,73,350 in 2024-25, the government said on Monday. MSMEs exports have witnessed a remarkable rise, increasing from Rs 3.95 lakh crore in 2020-21 to Rs 12.39 lakh crore in 2024-25, underscoring their critical role in

Bhubaneshwar: Indian Renewable Energy Development Agency Limited (IREDA) has sanctioned over Rs 3,000 crore for green energy projects across Odisha, covering solar, hydro, ethanol and renewable energy manufacturing sectors, IREDA chairman and managing director Pradip Kumar Das said on Monday. Addressing the Odisha Solar Investor Conclave, Das reaffirmed IREDA’s commitment to the state’s ambitious renewable

Bengaluru: Bharat Electronics Limited (BEL) has secured additional orders worth Rs 973 crore since the last disclosure on December 9 this year, the Navratna Defence Public Sector Undertaking said on Monday. Major orders include Platform Screen Doors for Metro Rail, Radars, Communication equipment, Jammers, Seekers, Upgraded Submarine Sonar, Upgraded Satcom Terminals, test stations, spares and

Mumbai: Gold and silver have experienced an impressive rally in 2024, gaining approximately 30 per cent and 35 per cent, respectively, on the Commodity Exchange (COMEX), a report showed on Monday. While central bank policies and geopolitical risks are significant drivers of gold and silver prices, other factors also play a role in shaping the