Aditya Birla Capital will enter India’s gold loan market soon. The company plans to open about one thousand dedicated branches over three years. This expansion aims to grow its secured lending business significantly. Elevated gold prices are boosting growth prospects…
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The Indian rupee strengthened slightly on Thursday, aided by central bank actions. Hawkish policy minutes from the Reserve Bank of India also supported the currency. A generally weaker dollar provided additional positive momentum for the rupee. Elevated oil prices and…
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Life Insurance Corporation of India (LIC), India’s largest insurance company, has received approval from the Reserve Bank of India (RBI) to increase its stake in HDFC Bank to up to 9.99 per cent.
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With the one time disclosure window now in force, the detailed rules set out who can come forward, how foreign assets and income will be valued, what taxpayers will have to pay and when a valid declaration can provide immunity…
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Companies are deferring investments due to uncertain demand and volatile commodity prices. Large capital projects require confidence in future cash flows and pricing. The next investment cycle, FY27 to FY31, expects higher annual expenditure demand. Public investment is key to…
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In a significant move, Sebi has prohibited Copthall Mauritius Investments and Mansi Share & Stock Broking for engaging in manipulative transactions. Accusations arose regarding their illicit gains made during the Sensex Closing Auction Session, resulting in the confiscation of Rs…
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