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Based on indicative grey market prices of at least  ₹2,000, the IPO is expected to value NSE at approximately  ₹29,780 crore (over $3 billion), with a valuation of over  ₹5 trillion. (REUTERS)
Posted in Business

Biggest public offering in India: NSE to file for IPO at nearly ₹30,000 crore; LIC to stay put

The National Stock Exchange of India Ltd (NSE) on Wednesday night filed its draft red herring prospectus with the market regulator for what could be…

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Posted in Economy

PM Modi and Trump direct officials to fast-track ‘commercially meaningful’ trade Pact

Prime Minister Narendra Modi and US President Donald Trump directed their officials to work towards a balanced, mutually beneficial and commercially meaningful trade agreement at…

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Indian exports to UK
Posted in Economy

India-UK free trade deal to take effect on July 15, opening 99% of exports to tariff-free access

New Delhi: The free trade deal between India and the UK will come into effect on July 15, about 11 months after the pact was…

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Trade deal
Posted in Economy

India, US ‘very close’ to inking a trade deal, says Trump after meet with Modi

New Delhi: Prime Minister Narendra Modi raised the matter of Indian seafarers coming under attack in the Gulf with US President Donald Trump, affirming that…

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Image for Bengaluru ranks 15th in Global Startup Index with $153 billion ecosystem value
Posted in Startups

Bengaluru ranks 15th in Global Startup Index with $153 billion ecosystem value

Synopsis Bengaluru-Karnataka secured 15th place globally for startup ecosystems. The region attracted $39 billion in venture funding from 2021 to 2025. ETtech Bengaluru-Karnataka has ranked…

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Posted in Economy

US buyers keen to stitch deals with Indian apparel exporters

Kolkata | Pune: As prospects of a US-Iran truce brightened, US buyers have resumed enquiries with Indian apparel exporters. However, buyers are seeking discounts of…

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Posted in Economy

Govt readies farm safety net with banks, insurers as El Nino looms

New Delhi: The government is working with banks and insurers to expand financial protection for rural households as it prepares for El Nino, the weather…

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Posted in Economy

RBI temporarily withdraws rate caps on FCNR(B), NRE deposits till Sept 30

KOLKATA: The Reserve Bank of India on Wednesday temporarily removed the interest rate ceiling on non-resident deposits allowing banks to go all-out in overseas fund…

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PhonePe, Google Pay duopoly weakens as market share slips below 80%
Posted in Startups

PhonePe, Google Pay duopoly weakens as market share slips below 80%

Fintech giants PhonePe and Google Pay’s combined UPI market share slipped to 79% in May, according to data from the National Payments Corporation of India…

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Posted in Economy

UK-India free trade deal to kick in on July 15, cutting tariffs by over $480 mn in year one

The United Kingdom and India on Wednesday announced that their landmark Free Trade Agreement (FTA) will enter into force on July 15, less than a…

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