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Economy
India’s GDP doubles in 10 years, set to surpass Japan and Germany by 2027
New Delhi: India’s GDP has surged from $2.1 trillion in 2015 to an estimated $4.3 trillion in 2025, reflecting an impressive 105 per cent increase, according to inflation-adjusted data from the International Monetary Fund (IMF).
The…
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PLI for telecom products sees Rs 4,081 cr investment, sales worth Rs 78,672 cr
New Delhi: In a boost for the ‘Make in India’ initiative, the production-linked incentive (PLI) scheme for telecom and networking products has seen an investment of Rs 4,081 crore (as on January 31), generating total sales of Rs 78,672…
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SEBI proposes ESOP benefits for startup founders even after IPO
Mumbai: The Securities and Exchange Board of India (SEBI) has proposed a change in rules that will allow startup founders to continue holding Employee Stock Option Plans (ESOPs) even after their company goes public.
This move aims to…
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India ranks among top textile exporters with 4 pc global share: Minister
New Delhi: India is ranked among the top textile exporting countries in the world with a share of approximately 4 per cent of global textiles and apparel exports, according to information tabled in Parliament on Friday
The export of…
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SEBI cracks down on firms diverting funds for personal use
Mumbai: The Securities and Exchange Board of India (SEBI) has cracked down on multiple companies for misappropriation of funds raised through rights issues in the stock markets, after receiving complaints from whistleblowers.
SEBI is…
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IndusInd Bank hires independent firm to probe discrepancies in derivative portfolio
New Delhi: IndusInd Bank has appointed an independent professional firm to investigate discrepancies in its derivative portfolio.
Last week, the bank disclosed that it had identified discrepancies in its derivatives portfolio, which…
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MSMEs to drive IT sector towards $450 billion services export target: Piyush Goyal
New Delhi: Led by MSMEs, the IT sector can achieve an ambitious $450 billion services export target in the next financial year, Union Minister of Commerce and Industry, Piyush Goyal, has emphasised.
Goyal underscored the critical role…
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Indian stock market opens flat amid mixed global cues
Mumbai: The domestic benchmark indices opened flat on Friday amid mixed global cues, as selling was seen in the IT sector in the early trade.
At around 9.31 am, Sensex was trading 7.77 points or 0.01 per cent down at 76,340.29 while the…
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EPFO adds 17.89 lakh net members in January
New Delhi: The Employees' Provident Fund Organisation (EPFO) on Thursday announced a net addition of 17.89 lakh members in January this year, which represents an increase of 11.48 per cent over the corresponding figure for December 2024.…
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India’s GDP to expand by 6.7 pc in FY25, fastest growing in Asia-Pacific: S&P Global
New Delhi: An S&P Global Ratings report on Thursday projected India's GDP to expand by 6.7 per cent in fiscal 2025 (year ending March) -- the fastest growing economy in the Asia-Pacific region.
Stressing that India's low US exposure…
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