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World Bank Lowers India's Growth Forecast To 6.3 % For Fiscal Year 2025-26
The World Bank on Wednesday lowered India's growth forecast for the current fiscal by 4 percentage points to 6.3 per cent amid global economic weakness and policy uncertainty.
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Sensex Jumps 650 Points, Crosses 80,000 In Early Trade, Nifty Up 190 Points
Equity benchmark indices Sensex and Nifty surged in early trade on Wednesday driven by a sharp rally in global markets and foreign fund inflows.
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CBI Conducts Searches At AAP Leader's Residence Over Alleged Foreign Funding Violations
The CBI on Thursday conducted searches at the premises of former AAP MLA and party's Gujarat polls co-incharge Durgesh Pathak after registering an FIR against him for allegedly receiving foreign donations for his party in contravention of FCRA norms.
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Arun Menon, Independent Director Of Gensol Engineering, Resigns
Gensol Engineering, the beleaguered firm that came under market regulator Sebi's lens for fund diversions and governance lapses, said that its independent director Arun Menon has resigned with immediate effect.
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Rupee Gains 12 Paise To Settle At 85.68 Against US Dollar
The rupee sustained its rally for the third straight session and settled with a gain of 12 paise at 85.68 (provisional) against the US dollar on Wednesday, boosted by the renewed inflow of foreign funds and a weak American currency.
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Centre To Provide Major Part Of Startup Fund To Sectors Like New Age Tech, AI
The commerce and industry ministry will allocate a major part of the second Rs 10,000 crore Fund of Funds Scheme (FFS) For startups to budding entrepreneurs in sectors such as new-age technology, AI, and machine building, an official said.
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BlackRock Becomes Largest Investor In Adani Group's $750-Million Bond Issue
Funds managed by BlackRock, the global investment behemoth, emerged as the largest subscribers of the $750-million private bond issuance by the Adani Group.
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Finance Minister Chairs India-UK Investor Roundtable In London
Finance Minister Nirmala Sitharaman has chaired an India-UK Investor Roundtable in London, attracting around 60 UK investors representing various pension funds, insurance companies, banks and other financial institutions.
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Employees Can Now Generate EPFO UAN Through Face Authentication
Employees subscribing to social security schemes of the retirement fund body EPFO can now generate universal provident fund account number (UAN) and related services through face authentication, Union Labour Minister Mansukh Mandaviya said on Tuesday
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Probe Agency Questions 'L2: Empuraan' Producer In Chit Fund Case
The Enforcement Directorate on Monday questioned Gokulam Gopalan, one of the producers of the Malayalam movie 'L2: Empuraan', at its Kochi office in connection with a foreign exchange law "violation" by his chit fund company, sources said.
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"Ask 1st-Year Economics Student...": P Chidambaram On PM's Funds Remark
Senior Congress leader P Chidambaram on Sunday hit out at Prime Minister Narendra Modi over his remark that the Centre allocated for Tamil Nadu's development three-time higher funds compared to the period before 2014.
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Teenagers Allegedly Rob Grocery Store At Gunpoint In Delhi To Fund Manali Trip
The Delhi Police has arrested four teenagers and detained two minors, who allegedly robbed a grocery shop owner at gunpoint in Sultan Puri area here to fund a vacation to Manali, an official said on Saturday.
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Developing Countries' Climate Targets At Risk Without Finance From Developed World: India
Developing nations will struggle to meet climate targets without sufficient funding from developed countries and the success of this year's UN climate conference depends on whether the Global North fulfils its climate finance commitments, India has s
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EPFO Eases Provident Fund Withdrawal Process: See Details Here
Retirement fund body EPFO on Thursday said applicants seeking withdrawal from provident funds online do not have to upload the image of a cancelled cheque and their bank accounts need not be verified by employers.
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Nirbhaya Fund Not Discontinued, 49 Schemes Being Run Under It: Centre
The Nirbhaya Fund has not been discontinued, the government informed the Rajya Sabha on Wednesday.
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World Bank Lowers India's Growth Forecast To 6.3 % For Fiscal Year 2025-26
The World Bank on Wednesday lowered India's growth forecast for the current fiscal by 4 percentage points to 6.3 per cent amid global economic weakness and policy uncertainty.
-
Sensex Jumps 650 Points, Crosses 80,000 In Early Trade, Nifty Up 190 Points
Equity benchmark indices Sensex and Nifty surged in early trade on Wednesday driven by a sharp rally in global markets and foreign fund inflows.
-
CBI Conducts Searches At AAP Leader's Residence Over Alleged Foreign Funding Violations
The CBI on Thursday conducted searches at the premises of former AAP MLA and party's Gujarat polls co-incharge Durgesh Pathak after registering an FIR against him for allegedly receiving foreign donations for his party in contravention of FCRA norms.
-
Arun Menon, Independent Director Of Gensol Engineering, Resigns
Gensol Engineering, the beleaguered firm that came under market regulator Sebi's lens for fund diversions and governance lapses, said that its independent director Arun Menon has resigned with immediate effect.
-
Rupee Gains 12 Paise To Settle At 85.68 Against US Dollar
The rupee sustained its rally for the third straight session and settled with a gain of 12 paise at 85.68 (provisional) against the US dollar on Wednesday, boosted by the renewed inflow of foreign funds and a weak American currency.
-
Centre To Provide Major Part Of Startup Fund To Sectors Like New Age Tech, AI
The commerce and industry ministry will allocate a major part of the second Rs 10,000 crore Fund of Funds Scheme (FFS) For startups to budding entrepreneurs in sectors such as new-age technology, AI, and machine building, an official said.
-
BlackRock Becomes Largest Investor In Adani Group's $750-Million Bond Issue
Funds managed by BlackRock, the global investment behemoth, emerged as the largest subscribers of the $750-million private bond issuance by the Adani Group.
-
Finance Minister Chairs India-UK Investor Roundtable In London
Finance Minister Nirmala Sitharaman has chaired an India-UK Investor Roundtable in London, attracting around 60 UK investors representing various pension funds, insurance companies, banks and other financial institutions.
-
Employees Can Now Generate EPFO UAN Through Face Authentication
Employees subscribing to social security schemes of the retirement fund body EPFO can now generate universal provident fund account number (UAN) and related services through face authentication, Union Labour Minister Mansukh Mandaviya said on Tuesday
-
Probe Agency Questions 'L2: Empuraan' Producer In Chit Fund Case
The Enforcement Directorate on Monday questioned Gokulam Gopalan, one of the producers of the Malayalam movie 'L2: Empuraan', at its Kochi office in connection with a foreign exchange law "violation" by his chit fund company, sources said.
-
"Ask 1st-Year Economics Student...": P Chidambaram On PM's Funds Remark
Senior Congress leader P Chidambaram on Sunday hit out at Prime Minister Narendra Modi over his remark that the Centre allocated for Tamil Nadu's development three-time higher funds compared to the period before 2014.
-
Teenagers Allegedly Rob Grocery Store At Gunpoint In Delhi To Fund Manali Trip
The Delhi Police has arrested four teenagers and detained two minors, who allegedly robbed a grocery shop owner at gunpoint in Sultan Puri area here to fund a vacation to Manali, an official said on Saturday.
-
Developing Countries' Climate Targets At Risk Without Finance From Developed World: India
Developing nations will struggle to meet climate targets without sufficient funding from developed countries and the success of this year's UN climate conference depends on whether the Global North fulfils its climate finance commitments, India has s
-
EPFO Eases Provident Fund Withdrawal Process: See Details Here
Retirement fund body EPFO on Thursday said applicants seeking withdrawal from provident funds online do not have to upload the image of a cancelled cheque and their bank accounts need not be verified by employers.
-
Nirbhaya Fund Not Discontinued, 49 Schemes Being Run Under It: Centre
The Nirbhaya Fund has not been discontinued, the government informed the Rajya Sabha on Wednesday.
