Union Minister for Electronics and IT Ashwini Vaishnaw on Thursday announced that the government has received investment proposals worth Rs 1.15 lakh crore under the Electronics Component Manufacturing Scheme.
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India’s diesel exports to Europe reached an unprecedented 1.3-1.4 million metric tons in September, capitalizing on robust profits during Europe’s refinery maintenance season. This surge, driven by a widened east-west spread and falling shipping costs, saw Indian refiners boost output.
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The Financial Intelligence Unit of India (FIU-IND) has sent notices to 25 offshore virtual digital asset (VDA) service providers for allegedly failing to follow India’s anti-money laundering laws, according to a Finance Ministry statement.
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The Indian IT sector anticipates subdued growth in FY26 due to weak client spending and global uncertainties, despite strong deal pipelines. However, a significant recovery is projected for FY27, driven by improving US macroeconomic conditions and accelerating enterprise-scale AI adoption,…
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Tata Capital has set its IPO price band at Rs 310–326, a 56% cut from its last unlisted share price, aiming to attract investors and create potential for a listing pop. As one of India’s largest NBFCs, the three-day IPO…
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The Reserve Bank of India unveils major reforms. Banks will now fund corporate acquisitions. Risk weights ease for NBFCs, MSMEs, and home loans. This boosts credit flow across key sectors. RBI also scraps old guidelines on large borrower exposure. These…
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