Corporate India is gearing up for a challenging trade environment in the wake of the 27% reciprocal tariffs imposed by the US on Thursday. While the Trump administration has described the move…
Pharma stocks tank as Trump signals steep tariffs – Market News
The reprieve for India’s drug companies from the Trump administration’s reciprocal levies could be short-lived, with the US president Dnald Trump saying, “pharma tariffs are going to come in at levels you…
Fintech firm Scapia raises $40 million in Series B round – Start Ups News
Scapia, a travel fintech startup, raised $40 million in a Series B funding round led by Peak XV Partners, with participation from Elevation Capital, Z47 (formerly Matrix Partners India), and 3STATE Ventures….
Vietnam urges US to postpone tariff due to potential economic fallout and volatile financial markets – Market News
The Vietnamese government announced on Friday that it has formally requested the United States to postpone the implementation of a hefty 46% reciprocal tariff on its imports by one to three months….
GCCs, IT companies dominate office space – Industry News
Quarterly transactions in the office market reached a historic high of 28.2 million square feet in the January-March period, shows a Knight Frank report. Global capability centres (GCCs) were the largest consumers…
Rupee rises 21 paise on weak dollar, falling crude – Market News
Continuing its winning streak for the second straight day, the rupee strengthened by 21 paise, or 0.24%, on Friday, driven by a sharp fall in crude oil prices and concerns over a…
‘1,000+ crores in tax contributions, over a billion dollars in FDI’, Zepto CEO defends Indian startups after remarks from Piyush Goyal – Start Ups News
Zepto Co-Founder and Chief Executive Officer(CEO), Aadit Palicha responded to Piyush Goyal’s “Startup Reality Check” in a LinkedIn post. Defending the Indian startup ecosystem, he said that it was easy to critique…
Marico Q4 business update: March quarter revenue growth estimated at 17-18%, ahead of peers – Here are key drivers – Industry News
FMCG major Marico released its business update for the January-March quarter wherein it said that the company’s consolidated revenue growth moved to high-teens on a YoY basis, as steady growth trends across…
Stocks extend global selloff as Trump’s tariffs spark recession fears, China retaliates – Market News
Global stocks tumbled for a second day on Friday after U.S. President Donald Trump’s sweeping tariff plans wiped $2.4 trillion off Wall Street equities, with the sell-off deepening after China said it…