RBI MPC begins, likely to go for 25 bps rate cut on April 9, says SBI report

IANS | April 7, 2025 9:48 AM

Mumbai, April 7 (IANS) As the Reserve Bank of India (RBI) began its Monetary Policy Committee (MPC) meeting (from April 7-April 9) here, SBI Research on Monday said it expects a 25-basis point rate cut in the policy and cumulative rate cut over the cycle could be at least 100 basis points, with two successive rate cuts over February and April.

Indian stock market crashes amid US reciprocal tariff fears

IANS | April 7, 2025 9:31 AM

Mumbai, April 7 (IANS) The Indian stock markets crashed on Monday morning over fears of US reciprocal tariffs set to come into force from April 9. The Nifty 50 and Sensex were trading 3.85 per cent and 4.16 per cent down, respectively, in early trade.

Startup funding jumps 2.3 times to $357 million this week

IANS | April 6, 2025 12:34 PM

New Delhi, April 6 (IANS) India’s startup ecosystem witnessed a strong funding rebound this week, with total investments soaring over 2.3 times to around $357.29 million across 30 deals, compared to $152.49 million raised by 23 startups last week.