Despite a 30.3 per cent decline in the overall volume of VC deals, high-value investments exceeding USD 100 million surged by 27.4 per cent year-on-year (YoY), highlighting a notable pivot towards larger, more strategic funding opportunities.
For June 2024, the Quick Estimates placed the IIP at 150.0, up from 143.9 in June 2023. This increase was largely driven by robust performances in key sectors. The mining sector, for instance, registered an index of 134.9, reflecting a substantial year-on-year growth rate of 10.3 per cent.
The BSE Sensex ended 56.98 points lower, settling at 79,648.92, while the NSE Nifty declined by 20.50 points to close at 24,347.00. Among the Nifty companies, 19 saw advances while 30 recorded declines.
The Supreme Court on Monday declined to interfere with Centre's decision to cancel the UGC-NET 2024 exam due to alleged paper leaks, saying it would add to "uncertainty" and "utter chaos."
A recent report by Moody's warns that the ongoing curfews in Bangladesh could severely harm the country's economy, potentially bringing it back to levels seen during the pandemic.
China's new automobile sales fell 5.2 per cent in July, according to industry data released on Friday, marking the second consecutive month of decline due to weak domestic demand
The Supreme Court on Tuesday declined the plea filed by Sameer Kulkarni, one of the accused in the 2008 Malegaon bomb blast case, challenging the sanction taken to prosecute him under the Unlawful Activities (Prevention) Act was not proper.
The Consumer Price Index for industrial workers surged marginally in June by 1.5 points to 141.4 however, the consumer price inflation for industrial workers declined marginally to 3.67 per cent in June from 3.86 per cent in May 2024.