Direct cash transfers to women boost household savings and spending effectively. Schemes in Maharashtra and Odisha showed significant improvements in savings. Monthly account balances increased substantially for beneficiaries in both states. Consumption spending also saw notable increases after these transfers…
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A London court has ruled that Nirav Modi remains liable under a personal guarantee for a significant loan, despite the absence of prior RBI consent. The judgment clarifies that regulatory non-compliance doesn’t automatically void such agreements. Furthermore, the court validated…
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The Reserve Bank of India will auction Government of India dated securities worth Rs 32,000 crore on Friday.
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Reliance Industries received an administrative warning from Sebi regarding insider trading. The regulator found employees traded shares with unpublished price-sensitive information. Sebi investigated trading activity during a specific period in 2024. The company stated the warning is cautionary and imposes…
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Mahindra Group views global uncertainty as a permanent business feature. The conglomerate will focus on faster execution and calibrated investments. This strategy aims to capitalize on volatility rather than waiting for stability. The group reported its strongest financial performance in…
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Multinationals are increasingly appointing India-based executives to global leadership positions. Companies are shifting product development and decision-making to India, expanding executive mandates. India’s growing strategic importance and deep leadership pool drive this significant trend. Global capability centers are evolving into…
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