Daily current affairs related to commerce are essential for understanding market trends, financial regulation and economic shifts.😇 *(Don't forget to check your Email & WhatsApp daily)* *1.E-commerce Firm Udaan Raises $340 Million Ahead of Planned IPO.* Udaan, an Indian B2B e-commerce platform, has secured $340 million in funding as it prepares for an initial public offering. The company plans to use the capital to enhance its supply chain infrastructure and expand its product offerings. *2. India's January Business Growth at 14-Month Low Due to Weaker Services Demand.* India's business growth in January reached a 14-month low, primarily due to a decline in services demand. The Purchasing Managers' Index (PMI) indicated a slowdown, reflecting challenges in the services sector. *3. E-commerce Expansion in FMCG Sector.* Fast-moving consumer goods (FMCG) companies like ITC, Amul, and Nestle are increasingly leveraging e-commerce platforms to reach a broader customer base. This shift is transforming traditional retail dynamics in India's FMCG sector. *4. India's Drug and Pharma Exports Reach $11.9 Billion in April-August 2024.* India exported drugs and pharmaceuticals worth $11.9 billion during April-August 2024, making it the fourth-largest export category. This growth underscores India's significant role in the global pharmaceutical industry. *5. AU Small Finance Bank Reports 41% Profit Surge in Q3FY25* AU Small Finance Bank announced a 41% increase in profit, reaching ₹528 crore in the third quarter of FY25. The growth is attributed to higher net interest income and improved asset quality. React with '❤' if you find this informative.