While a policy rate hike is surely not a zero probability event, the bar for the same appears high for now, with the Reserve Bank of India (RBI) likely to look through the supply side induced increase in inflation, according…
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Jindal Stainless plans a Rs 900 crore investment to expand its cold rolling capacity. This expansion will cater to growing demand from key industrial sectors. The company is also identifying a site for a massive Rs 40,000 crore manufacturing facility.…
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ONGC has received a US Treasury license to resume full operations in Venezuela. This approval removes sanctions-related risks, allowing expanded production and new agreements. ONGC Videsh holds stakes in San Cristobal and Carabobo oil projects. The company expects to recover…
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Indian Bank plans to raise $400 million via External Commercial Borrowings this week. The bank may raise an additional $600 million through ECB before December 2026. It also aims to gather USD 2 billion from FCNR(B) deposits, seeing good demand.…
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The market valuation of five top Indian firms decreased by Rs 1 lakh crore last week. TCS and Reliance Industries saw the largest erosion in their market capitalizations. Meanwhile, Bharti Airtel and LIC experienced significant valuation gains during the same…
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The Standing Committee on Finance highlighted a significant 43 percent vacancy rate within DIPAM. It recommended establishing a dedicated task force to fill these 38 vacant positions promptly. This shortage severely impacts the department’s ability to manage public assets and…
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