Business News: Economy & Markets

Smaller cities lead mutual fund growth, outpacing big metros in post-COVID era

IANS | August 10, 2025 12:35 PM

New Delhi, Aug 10 (IANS) Investments in mutual funds have picked up strongly in the post-Covid period, with smaller towns and cities emerging as surprising growth leaders as assets from B30 cities -- those beyond the top 30 -- have been growing faster than those from large urban centres, as per the data from the Association of Mutual Funds in India (AMFI).

Indian startups raise $205 million last week; early-stage startups lead funding

IANS | August 10, 2025 12:22 PM

Mumbai, Aug 10 (IANS) Indian startups raised $205.31 million across 30 deals last week between August 4 and 9 -- a 57 per cent increase from the previous week's $130.49 million.

US agri, dairy firms with financial muscles aim to control global markets, India stands firm

IANS | August 10, 2025 10:21 AM

New Delhi, Aug 10 (IANS) As US President Donald Trump slaps hefty tariffs on several countries including India, American agriculture and dairy companies with deep pockets and financial muscles are taking over free-wheeling global markets and aim to do the same with India, according to a new report.

Market outlook: Tariff tensions, inflation data key triggers next week

IANS | August 10, 2025 10:17 AM

Mumbai, Aug 10 (IANS) Investors should keep an eye on the developments around the US-India trade deal, quarterly earnings results, tariff rhetoric and inflation data in the upcoming trade week, analysts said on Sunday.

Sri Lanka's economic engagement with China cannot be sustained through shortcuts, opacity: Report

IANS | August 9, 2025 8:39 PM

Colombo, Aug 9 (IANS) Economic engagement with China cannot be sustained through shortcuts or opacity, a report in Sri Lanka's leading newspaper highlighted citing the crisis surrounding the "bold venture" with BYD to bring electric vehicles into the island nation.

Adverse weather conditions delay over 300 flights at Delhi Airport

IANS | August 9, 2025 8:22 PM

New Delhi, Aug 9 (IANS) Adverse weather conditions on Saturday resulted in more than 300 flights being delayed at the Indira Gandhi International Airport in the national capital which witnessed heavy rains.

US tariff on India 'unfair and unworkable' as Europe leads in Russian energy imports: Report

IANS | August 9, 2025 6:43 PM

Moscow, Aug 9 (IANS) US President Donald Trump's imposition of tariffs on India is both "unfair and unworkable", especially when Europe remains the world's largest importer of Russian energy in dollars and the biggest contributor to Russian revenues, a report in Britain's leading newspaper has cited.

Explained: All about ICICI Bank's significant minimum average balance hike

IANS | August 9, 2025 6:04 PM

Mumbai, Aug 9 (IANS) ICICI Bank on Saturday raised the minimum average balance (MAB) requirement for its savings accounts, with significant hikes for new and urban customers in metro cities.

Gold prices end firm this week amid tariff concerns

IANS | August 9, 2025 5:46 PM

Mumbai, Aug 9 (IANS) Indian bullion prices ended marginally higher this week amid global market cues and higher festive demand. By mid-week, gold prices saw a significant dip, with the price of 24-carat gold dropping by Rs 91, but the price inched up higher toward the weekend.

SEBI proposes easier norms for resident Indian participation in FPIs

IANS | August 9, 2025 4:48 PM

Mumbai, Aug 9 (IANS) The Securities Exchange Board of India has proposed easier norms for resident Indians and mutual funds to invest in foreign funds. The regulator proposed to enable retail schemes based in IFSCs in India with resident Indian non-individuals as sponsors or managers to register as FPIs.

Business

Smaller cities lead mutual fund growth, outpacing big metros in post-COVID era

Indian startups raise $205 million last week; early-stage startups lead funding

US agri, dairy firms with financial muscles aim to control global markets, India stands firm

Market outlook: Tariff tensions, inflation data key triggers next week

Sri Lanka's economic engagement with China cannot be sustained through shortcuts, opacity: Report

Adverse weather conditions delay over 300 flights at Delhi Airport

US tariff on India 'unfair and unworkable' as Europe leads in Russian energy imports: Report

Explained: All about ICICI Bank's significant minimum average balance hike

Gold prices end firm this week amid tariff concerns

SEBI proposes easier norms for resident Indian participation in FPIs

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