Cabinet Approves Startup India Fund 2.0
Your daily dose of business news
🗞️ Shree Ram Twistex IPO to Open on February 23
The Shree Ram Twistex IPO will open for public subscription on February 23, offering an opportunity to invest in the textile manufacturing sector.
The IPO is expected to generate significant interest as the company aims to raise capital for expansion.
🗞️ Japanese Investments Flow into India
Japanese investments in India have surged as businesses look to capitalize on India’s growth story. Japanese investments are expected to reach new heights, with major sectors such as manufacturing and technology receiving capital.
The trend reflects Japan’s long-term commitment to India as a key investment destination.
🗞️ India Needs Patient Capital to Reach $10 Trillion GDP
Rama Rao, CEO of Spark Capital, emphasized that India needs to attract patient capital to reach a $10 trillion GDP by 2035.
He stressed the importance of long-term investment for sustainable growth, particularly in infrastructure and innovation.
💬 Expert Take — “India’s path to a $10 trillion economy requires nurturing patient capital and expanding the pool of long-term investors willing to back structural growth.”
🗞️ RBI Governor Urges MSMEs to Digitalize and Formalize
RBI Governor, Sanjay Malhotra, urged MSMEs to formalize, digitize, and maintain credit discipline to build resilience and improve access to finance.
This call comes amid increasing pressure on MSMEs to modernize in a rapidly evolving economic environment.
🗞️ US–EU Trade Deals Could Unlock $400B for India’s Agri Sector
India’s agricultural sector stands to gain up to $400 billion with the upcoming trade deals with the US and EU.
The deals are expected to enhance market access, increase exports, and boost investment in agriculture.
🗞️ AI to Drive India’s Fifth Industrial Revolution
AI is set to play a central role in driving India’s fifth industrial revolution, according to Union Minister Ashwini Vaishnaw.
The focus on AI-driven innovation is expected to transform sectors like manufacturing, healthcare, and agriculture.
🗞️ NITI Aayog Lays Out Electronics Export Roadmap
NITI Aayog has unveiled a roadmap to enhance India’s electronics exports, targeting a significant increase in global market share.
The roadmap focuses on improving manufacturing capabilities and global market access for Indian electronics companies.
🗞️ Cabinet Approves Startup India Fund 2.0
The Startup India Fund 2.0 aims to mobilize venture capital for India’s startup ecosystem, further boosting innovation and entrepreneurship.
The fund will support startups in sectors such as technology, biotechnology, and renewable energy.
📊 Market Update (Today)
📈 Sensex: 83,277.15 ▲ 650.39 pts (+0.79%)
📈 Nifty 50: 25,682.75 ▲ 211.65 pts (+0.83%)
🪙 Gold (per gram): 24K ₹15,644 ▼ ₹131 | 22K ₹14,340 ▼ ₹120
🥈 Silver (per kg): ₹2,68,000 ▼ ₹7,000

