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private equity and venture capital industry grew 5 per cent to USD 56 billion in 2024, after declining for two consecutive years, a report said on Wednesday. The ongoing calender year is going to be a «challenging» one with many uncertainties expected to unfold, the report by industry lobby grouping IVCA and consultancy firm EY said.

Trump's memorandum — America First Trade Policy — to assess its impact on the bilateral trade with the US, which is its largest trading partner, sources said on Wednesday. They also said that the White House directive to the United States Trade Representative (USTR) to identify countries with which the US can negotiate agreements on a bilateral or sector-specific basis is a positive development for countries like India.

Northern India Textile Mills’ Association (NITMA) has appealed to Prime Minister Narendra Modi to stop under-invoiced imports of synthetic knitted fabrics that are causing irreversible damage to the domestic textile industry. According to the association, this has led to a loss of over Rs 10,000 ccore to the exchequer by evading both direct and indirect taxes.

Donald Trump continues to talk about Canada after beginning his second term as United States President on Monday.

Subscribe to enjoy similar stories. Donald Trump’s criticism of China on the campaign trail and after his election had raised the specter that Day 1 of his second presidency would reignite a trade war between the world’s two largest economies.

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As part of the settlement, BlackRock Health Sciences Term trust (BMEZ) and the BlackRock Innovation and Growth Term trust (BIGZ), both of which invest in small and mid-cap companies, will conduct tender offers to purchase 40% and 50% of their current shares, respectively.  These tender offers will mean that shares will be bought at a price equal to 99.5% of the trusts' net asset value, allowing all shareholders to tender some or all of their shares in the process.  As of 21 January 2025, BIGZ was trading at a 6.5% discount while BMEZ was trading at close to a 5.3% discount, according ...

Reliance Consumer Products (RCPL) on Wednesday acquired packaged foods brand SIL, with a portfolio of products such as cooking pastes, jams, mayonnaise, baked beans and Chinese sauces.

Trade and Economic Participation Agreement with a four-nation European bloc will bring USD 100 billion worth of investment and create one million jobs in India, Union Minister Jayant Chaudhary said on Wednesday. Here to attend the World Economic Forum Annual Meeting, the minister told PTI in an interview that Indian talent has proved its mettle globally and the commitments made by global companies show their trust in the skillset of Indian youth.

Prime Video. But there’s a catch!

Manipur Chief Minister N Biren Singh on Wednesday said the indigenous community of the state need to be «very careful» about illegal immigration. Addressing a gathering in the Tamenglong district, Singh said his government would look after every community in the state without any distinction.

Prataap Snacks Ltd.(up 4.59%), ADF Foods Ltd.(up 2.63%), Dodla Dairy Ltd.(up 2.18%), Heritage Foods Ltd.(up 1.99%), Emami Ltd.(up 1.93%), Patanjali Foods Ltd.(up 1.68%), Colgate-Palmolive(India)Ltd.(up 1.46%), Britannia Industries Ltd.(up 1.08%), LT Foods Ltd.(up 0.87%) and Nakoda Group Of Industries Ltd.(up 0.66%) stood among the top gainers.

Nuts and Dry Fruits Council of India (NDFC) on Wednesday urged the government to rationalise walnut import duty on a per-kilogram basis, reduce GST to 5 per cent, and introduce a production-linked incentive scheme for the sector in its pre-budget proposals. India's dry fruits market is projected to hit USD 12 billion by 2029, growing at 18 per cent CAGR, according to the industry body.

Subscribe to enjoy similar stories. Just days ahead of his return to the White House, President Trump and his wife Melania launched a pair of meme coins that have skyrocketed in value and earned them billions of dollars, at least on paper. Dubbed $TRUMP and $MELANIA, the tokens are a type of cryptocurrency that doesn’t serve any economic purpose and whose value is based largely on the popularity of internet memes.

Polycab India, the country’s largest manufacturer of wires and cables, today announced its results for the third quarter ended December 2024, posting an 11% YoY jump in its PAT at Rs 463.3 crore. Following the update, Polycab India shares were trading 6.5% lower at Rs 6,137.35 on the BSE.

Subscribe to enjoy similar stories. Shares of Oberoi Realty Ltd are on a shaky ground, plummeting 13% in the past two trading sessions. The fact that sales momentum did not sustain in its marquee project Three Sixty West located at Worli in Mumbai and other projects has weighed heavily on sentiment.

President Donald Trump’s insistence that he wants to have the Panama Canal back under U.S. control is feeding nationalist sentiment and worry in Panama, home to the critical trade route and a country familiar with U.S. military intervention

Jasprit Bumrah continued to remain the undisputed No. 1 Test bowler, while Ravindra Jadeja maintained his top spot in the all-rounders' category, in the latest ICC rankings released on Wednesday. Bumrah, who had made history ahead of the fifth and final Border-Gavaskar Test against Australia in January by recording the highest-ever ICC Rankings rating for an Indian bowler at 907 points, is currently on a career-best points tally of 908.

Kent R O Systems filed draft papers for an initial public offering (IPO) on Wednesday. The firm's founder and Chairman Mahesh Gupta, along with other family members, will collectively sell 10.1 million shares, or a 10% stake out of their 99.77% interest in the company, according to the draft papers.

Dave Drimmie recently drew widespread criticism for using his daughter’s car accident as a metaphor to promote his services on LinkedIn. While some expressed concern for his daughter’s well-being, others found his post distasteful, accusing him of leveraging a traumatic incident for professional gain.

Chemical sector again has been undergoing a downturn for almost three years and we expect demand to start recovering. So, broadly, as far as the exporters are concerned, we should be okay," says Varun Goel, Mirae Asset Investment Managers. What do you make of the market set up right now? Is it time to buy after the correction, especially in the broader markets or do you anticipate more pain? Varun Goel: If you look at the markets, we have corrected roughly 10% to 15% from the top that we saw in the month of September. If you look at the time duration also, last year in January, February, markets were at similar levels. So, we spent a year trading sideways with a good 10-15% correction. If we look at FY26 valuations, if we look at 1200 rupees EPS for Nifty 50, we are trading at around 19 times, which is let us say 5-7% more expensive than what is the 10-year average.