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Economy
Adani Green Energy refinances $1.06 bn to develop mega solar-wind cluster in Rajasthan
Ahmedabad: Adani Green Energy Ltd (AGEL) on Monday announced it has refinanced $1.06 billion to develop India’s largest solar-wind hybrid renewable cluster in Rajasthan -- achieving another milestone in its capital management journey.…
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SEBI to initiate ‘appropriate legal steps’ to challenge ACB Court order against…
Mumbai: Markets regulator, the Securities and Exchange Board of India (SEBI) on Sunday said it would initiate "appropriate legal steps" to challenge the order of the ACB Court in Mumbai against its former Chairperson, Madhabi Puri Buch.…
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India’s growth becoming more balanced as private consumption’s share in GDP rises
New Delhi: The good news is that India’s growth is becoming more balanced as private consumption’s share in GDP rose in fiscal 2025, according to a Crisil report.
The mild revision of 10 basis points (bps) in the second advanced estimate…
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New SEBI chairman spells out 4-point mantra for capital markets regulator
Mumbai: The new SEBI Chairperson, Tuhin Kata Pandey, has a four-point mantra in mind -- trust, transparency, teamwork and technology -- for ensuring the continued efficiency of the capital markets regulator.
After taking charge of the…
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India’s fiscal deficit in April-Jan touches 74.5 per cent of full year target for FY25
New Delhi: India's fiscal deficit for the first 10 months of the current financial year (April-January) stood at Rs 11.70 lakh crore, or 74.5 per cent of annual estimates, according to data released by the Controller General of Accounts…
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India’s GDP growth accelerates to 6.2 per cent in Q3, growth for 2024-25 seen at 6.5 per cent
New Delhi: India's GDP growth accelerated to 6.2 per cent in the third quarter (October-December) of 2024-25, up from a revised figure of 5.6 per cent in the second quarter of the financial year, on the back of stronger rural consumption…
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EPFO retains interest rate on PF deposits at 8.25 per cent for 2024-25
New Delhi: Retirement fund body EPFO has decided to retain the interest rate on employees' provident fund deposits at 8.25 per cent for 2024-25 - the same as the previous year.
The decision was taken by the EPFO's Central Board of…
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EU delegation’s visit ‘unprecedented’, will enhance connectivity, trade and tech…
New Delhi: Terming the ongoing visit of the European Commission President and the College of Commissioners to India as "unprecedented", Prime Minister Narendra Modi on Friday said that it will elevate the India-European Union multifaceted…
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Other countries can learn from India’s UPI experience: Cambridge Professor
New Delhi: The Unified Payments Interface (UPI) provides an opportunity to other countries to learn from India’s experience and get ideas on how to adopt it in their own countries, said Professor Carlos Montes, Lead Innovation Hub,…
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Indian pharma sector sees growth at 8 pc CAGR, export rates spike by 9 pc in 2024: Report
New Delhi: The Indian pharma sector has grown at 8 per cent CAGR and has also seen a 9 per cent increase in export rates in 2024, according to a report.
The report by McKinsey & Company showed that the pharma sector in the country…
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