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Posted in Economy

No proposal to raise FDI limit for PSU banks to 49%: MoS Finance

The government is not considering any proposal to raise the foreign direct investment (FDI) limit in public sector banks to 49 per cent, from the…

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Posted in Economy

India’s November palm oil imports rise as soyoil, sunflower oil buying drops

India’s palm oil imports rose slightly in November as lower prices prompted refiners to increase purchases of the tropical oil while cutting back on more…

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Posted in Economy

Govt continues to work towards mitigating US tariffs impact on exports

The government on Tuesday said it is taking steps, such as announcing an export promotion mission, to mitigate the impact of the steep US tariffs…

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Image for Fintech platform Wealthfront aims to raise up to $485 million in US IPO
Posted in Startups

Fintech platform Wealthfront aims to raise up to $485 million in US IPO

Synopsis Wealthfront, a digital wealth management firm, plans to raise as much as $485 million through its initial public offering in the United States. The…

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As many as 6,385 recognised startups categorised as 'closed' as on Oct 31: Commerce Ministry
Posted in Startups

As many as 6,385 recognised startups categorised as ‘closed’ as on Oct 31: Commerce Ministry

As many as 6,385 recognised startups have been categorised as ‘closed’ as on October 31, according to the data from the Ministry of Corporate Affairs,…

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Parliamentary panel moots advance ruling mechanism in IBC framework to tackle litigations

A Parliamentary panel on Tuesday suggested a raft of measures to improve the insolvency law framework, including putting in place an advance ruling mechanism that…

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A man walks past a logo of the Reserve Bank of India (RBI) and the Indian Rupee inside the RBI headquarters in Mumbai. (Reuters)
Posted in Business

Hedging against Indian Rupee weakness turns costlier as 90/US Dollar looms| Business News

Hedging against the Indian Rupee’s weakness became costlier on Tuesday with the currency nearing the 90 mark, reflecting heightened concerns about further depreciation and expectations…

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Budget 2026: A close look at India’s GDP growth rate before Sitharaman’s key announcements in Lok Sabha

India’s Gross Domestic Product (GDP) growth remains a central focus in economic discussions. Budget 2026 will be the third budget to be presented by Sitharaman…

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India, Russia working together to boost New Delhi’s exports, says Kremlin

India and Russia are “working together” to increase New Delhi’s exports, said Kremlin spokesperson Dmitry Peskov on Tuesday. He reiterated that Russia remains an important…

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India in a ‘sweet spot’, GDP growth to top 7% this fiscal year: FICCI President

India is “in a sweet spot” to sustain growth, and the GDP is expected to expand by over 7 per cent this financial year on…

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