The Indian rupee is poised for a slight uptick today, buoyed by falling oil prices. However, this relief is anticipated to be fleeting as regional currencies falter and U.S. yields climb. Traders are closely watching the market after the rupee’s…
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The number of companies incorporated increased to 19,375 in June from 16,654 a year earlier, according to the latest corporate affairs ministry data. Incorporations had fallen 8.6% in April before rising 5.5% in May.
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India’s inflation target is unlikely to be raised, with Reserve Bank of India Governor Sanjay Malhotra suggesting a potential long-term reduction. He highlighted the success of the current inflation-targeting framework in lowering average inflation. Despite expectations of a rise, inflation…
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Insolvency petition filed this week, A&M appointed as liquidator of B2B commerce company. Ten year old co has seen valuations crash 70% as financials come under pressure.
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Adani Group and Abu Dhabi’s International Holding Company are set to invest a massive $11.5 billion in a new Odisha aluminium plant. This ambitious project, aiming for over 2 million tonnes annual capacity, could significantly boost India’s aluminium production by…
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India’s capital markets regulator, the Securities and Exchange Board of India (SEBI), has barred 221 entities from the securities market after uncovering what it described as an “industrial-scale” stock manipulation scheme involving five listed companies.
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