Pragya Swastik
Total outflows by foreign investors from Indian markets in 1.5 months of 2025 have reached nearly ₹1 lakh crore, according to data from NSDL. In the week from February 10 to February 14 alone, FPIs sold Indian equities worth ₹13,930.48 crore. In a massive sell-off in January, FPIs withdrew ₹78,027 crore from the Indian stock market.
Feb 15th, 2025
After some rough early years, Epic Games Store has managed to reach 295 million users in 2024. This comes as a huge success for the company after launching the store back in 2018. The revenue also looks great as Epic reported PC users spent over $1 billion last year, a 15% in its 2024 Year-In Review.
Feb 15th, 2025
Prime Minister Narendra Modi is slated to address the 'Bharat Tex 2025' global conference in the national capital on Sunday. The Prime Minister's Office (PMO) said the "mega global event", being held from February 14-16, brings together the entire textile value chain ranging from raw materials to finished products including accessories under one roof.
Feb 15th, 2025
Pragya Swastik
India is preparing to counter US President Donald Trump's reciprocal tariffs by presenting data showing that most US imports attract duties of less than 10%, Mint reported. Commerce Ministry and Ministry of External Affairs are compiling a detailed list of products and their import duties. This report will be presented in the next round of trade negotiations with the US.
Feb 15th, 2025
As India strives to reach the ambitious target of 500 GW of non-fossil fuel-based energy capacity by 2030 set by PM Narendra Modi, the country has already become a “solar superpower”, according to Simon Stiell, Executive Secretary of the United Nations Framework Convention on Climate Change. Stiell said that while some governments talk, “India takes action, prioritising sustainable growth."
Feb 15th, 2025
India's merchandise exports are projected to rise to $124.8 billion in the fourth quarter of the current financial year (Q4 FY25) -- a 3.64 per cent increase compared to the same period last year (Q4 FY24). Exim Bank estimates India's merchandise exports to rise 2.2% YoY to $446.5 billion in FY25.
Feb 15th, 2025
AVG Logistics has reported a rise in net profit for Q3FY25 at ₹5.51 crore. Last year, the company reported PAT of ₹4.36 crore. The company's revenue for the quarter increased to ₹142.43 crore from ₹124.77 crore in Q3FY24. The company said that its Q3FY25 performance reflects its our strategic focus on operational efficiency.
Feb 15th, 2025
Jio-bp, a joint venture between Reliance Industries and global energy giant BP, reportedly plans to set up over 30,000 electric vehicle (EV) charging points in India by 2030. As per the report, Jio-bp EV charging stations will be powered by solar energy plants and nearly 70% of the electricity needs of these stations will come from green energy sources.
Feb 15th, 2025
Mansi Agarwal
Robotics startup Figure AI is in talks to raise $1.5 billion in a funding round led by Align Ventures and Parkway Venture Capital, reports said. The potential round would value the startup at $39.5 billion, 15 times higher than the $2.6 billion valuation it secured last year. Figure AI raised $675 million from OpenAI, NVIDIA and other investors last year.
Feb 15th, 2025
Mansi Agarwal
TSMC is considering buying a controlling stake in Intel's US chip factories amid the latter's declining financial state, Bloomberg reported. Officials of President Donald Trump's administration reportedly pitched the idea in recent meetings with the Taiwanese chipmaker. A White House official, however, said that Trump is unlikely to support a foreign entity operating Intel's factories.
Feb 15th, 2025
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