The central and state governments are set to collaborate on compiling employment data for a centralized dashboard aimed at targeted policy intervention. A meeting in Bhubaneswar discussed the need for accurate data and joint mechanisms. This initiative aligns with the…
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The maiden financing of USD 375 million executed with international lenders includes an initial commitment of USD 315 million with an accordion feature to enhance the commitments.
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Fed rate cut: The Reserve Bank of India may consider a rate cut by February 2025, following the US Federal Reserve’s recent 50 basis points rate cut. Despite expected inflation spikes, India’s CPI inflation is projected to remain within the…
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Reliance’s Mukesh Ambani has revived the Campa Cola brand to challenge Coca-Cola and PepsiCo in India. By offering products at half the price, Reliance aims to disrupt the market. This move has prompted Coca-Cola and PepsiCo to accelerate promotions, although…
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Markets regulator Sebi on Friday allowed mutual funds to both buy and sell Credit Default Swaps (CDS), a move aimed at increasing liquidity in the corporate bond market. This flexibility to participate in CDS would serve as an additional investment…
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In July, major telecom operators like Reliance Jio, Bharti Airtel, and Vodafone Idea saw a decline in their customer base due to a hike in mobile service tariffs. State-run BSNL was the only player to add new subscribers. The overall…
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