India central bank withdrawing surplus funds will dampen money market’s mood
US-INDIA-CENBANK-India central bank withdrawing surplus funds will dampen money market’s mood
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LG rewires strategy before hitting IPO switch
LG Electronics India is implementing cost-cutting measures, including reducing in-store sales promoters, due to declining revenue in the first half of 2025. Sales of ACs and refrigerators have been impacted by a cooler summer and weak consumer demand. The company…
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NPCI reports 42% jump in FY25 profit; revenue grows to Rs 3,270 crore
NPCI generates revenue primarily by operating digital payment infrastructures such as UPI, IMPS (Immediate Payment Service), AePS (Aadhaar-enabled Payment System), BBPS (Bharat Bill Payment System), and NCMC (National Common Mobility Card). It earns a percentage of the transaction value processed…
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India’s NSE offers $160 million to settle with regulator, move ahead with IPO, sources say
US-INDIA-NSE-India’s NSE offers $160 million to settle with regulator, move ahead with IPO, sources say
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India on track to become $5 trillion economy in next 3 years: Piyush Goyal
India is well on track to achieve a $5 trillion economy and the expectation is to reach this milestone within the next three years, Commerce and Industry Minister Piyush Goyal has stressed.
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Fiscal leakage, faulty data hike welfare outlay by 4-7%: Report
A Niti Aayog report reveals that fiscal leakage and flawed beneficiary records inflate welfare costs by 4-7% annually, highlighting the critical need for improved data quality in India’s digital governance. The report emphasizes that inaccurate data undermines public trust, hinders…
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