IBT Business Desk

Articles by IBT Business Desk

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Tech startups raise $2.5 bn in Jan-March, make India 3rd most funded globally

Indian startups raise $184.75 million this week; Bengaluru leads

The startup activity was also spread across cities. Bengaluru led with nine deals, followed by Delhi-NCR with five. Mumbai, Kolkata, and Chennai also saw their startups securing investments. Sector-wise, fintech startups emerged at the top with six funding deals. Jun 15, 2025
India's forex reserves surge by $5.17 bn to reach $696.6 bn

India's forex reserves surge by $5.17 bn to reach $696.6 bn

India's foreign exchange reserves stood at $691.5 billion in the preceding week that ended on May 30 and are sufficient to fund more than 11 months of goods imports and about 96 per cent of external debt outstanding, RBI Governor Sanjay Malhotra said last week after the monetary policy review. Jun 13, 2025
Sensex ends in green amid volatility, investors await key macroeconomic data

Sensex ends in green ahead of of key macroeconomic data

Selling was seen in midcap and smallcap stocks. The Nifty Midcap 100 index was down 293.25 points or 0.49 per cent at 59,388.15 and the Nifty smallcap 100 index was down 101.05 points or 0.53 per cent at 18,798.75. Jun 11, 2025
Reserve Bank Of India

RBI's mammoth rate cut to diligently perform a new troika: SBI Research

The RBI monetary policy committee's (MPC) decision to go for a relatively mammoth cut, while changing the stance to neutral, should not be confused with a pause on future rate cuts trajectory in the medium term, but rather a semblance of adopting flexible manoeuvrability on part of a conscious regulator to diligently perform a new troika, a State Bank of India (SBI) Research report said on Tuesday. Jun 10, 2025
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