Business News: Economy & Markets

Agristo Masa's Rs 750 crore investment in UP plant to further empower farmers, boost income: Manpreet Singh Chadha

IANS | March 2, 2025 5:07 PM

New Delhi, March 2 (IANS) Agristo Masa Pvt Ltd, a joint venture between Masa Global Food Pvt Ltd (part of Wave Group) and IMSTO NV, Belgium (holding company of Agristo NV, Belgium), on Sunday, announced a fresh investment of Rs 750 crore in its Uttar Pradesh plant, turbocharging the agricultural landscape and taking the total investment to over Rs 1,000 crore.

Government e-Marketplace enables startups fulfil orders worth Rs 35,950 crore

IANS | March 2, 2025 4:25 PM

New Delhi, March 2 (IANS) In alignment with the societal development of the nation, the government e-Marketplace (GeM) has enabled startups to fulfil orders worth Rs 35,950 crore, it was announced on Sunday.

Govt to host 3rd roadshow on coal mine auctions in Gandhinagar on Monday

IANS | March 2, 2025 2:46 PM

New Delhi, March 2 (IANS) As part of its ongoing efforts to promote commercial coal mining and attract private investment, the Union Ministry of Coal is organising a roadshow in Gujarat’s Gandhinagar on Monday on the upcoming auctions and investment opportunities in the coal sector, according to an official statement issued on Sunday.

India's growth becoming more balanced as private consumption's share in GDP rises

IANS | March 2, 2025 1:28 PM

New Delhi, March 2 (IANS) The good news is that India’s growth is becoming more balanced as private consumption’s share in GDP rose in fiscal 2025, according to a Crisil report.

Stock market: Important period for investors to focus on long-term opportunity

IANS | March 2, 2025 9:59 AM

New Delhi, March 2 (IANS) Despite the short-term sell-off, the combination of strong macro fundamentals, robust earnings growth, and attractive valuations makes this an important period for investors to focus on the long-term opportunity rather than the immediate volatility, according to market watchers.

Domestic investors will shape India’s future, not FIIs: Piyush Goyal

IANS | March 1, 2025 8:57 PM

Mumbai, March 1 (IANS) Domestic investors will shape India’s future, not foreign institutional investors (FIIs), Union Minister of Commerce and Industry, Piyush Goyal, said on Saturday, urging the industry to safeguard small investors and minimise market volatility.

MIT’s Jonathan Fleming meets Namo Drone Didis, hails women empowerment in India

IANS | March 1, 2025 8:46 PM

New Delhi, March 1 (IANS) India is using technology for women empowerment which is an inspiration for not only women in rural areas in the country but also in other countries, which can learn from this concept, Professor Jonathan Fleming, senior lecturer, Massachusetts Institute of Technology (MIT) Sloan School of Management in the US, said on Saturday.

Will resolve FEMA allegations linked to Little Internet and Nearbuy subsidiaries: Paytm

IANS | March 1, 2025 7:44 PM

New Delhi, March 1 (IANS) Digital payments and financial services major Paytm on Saturday said it will seek resolution of alleged FEMA contraventions related to two acquired subsidiaries — Little Internet Private Limited (LIPL) and Nearbuy India Private Limited (NIPL).

Govt expands ‘Swavalambini’ initiative to empower more women entrepreneurs

IANS | March 1, 2025 7:16 PM

New Delhi, March 1 (IANS) The Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with NITI Aayog, on Saturday announced the expansion of 'Swavalambini' – an entrepreneurship programme -- to empower more women entrepreneurs in the country.

Mutual fund industry sees massive AUM growth in 16 years: AMFI report

IANS | March 1, 2025 7:05 PM

New Delhi, March 1 (IANS) The mutual fund industry has seen significant growth in assets under management (AUM) -- from Rs 5.89 lakh crore in May 2008 to Rs 53.4 lakh crore in March 2024, a report showed on Saturday.