Leading Indian banks, including State Bank of India and Punjab National Bank, are collaborating on a unified strategy. They aim to enter the lucrative mergers and acquisitions financing market. Banks will also advocate for relaxed Reserve Bank of India guidelines.…
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This is in contrast with the 12-24 months the government had been taking for clearance for, or rejection of, any PN3 application, with bilateral relations between New Delhi and Beijing having improved of late.
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Warren Buffett is stepping back from writing Berkshire’s annual letters after nearly six decades, opting for a quieter approach. He will continue to communicate with shareholders through his annual Thanksgiving message. Long-time lieutenant Greg Abel is set to officially take…
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The United States Senate has ended the longest government shutdown. Federal agencies will now receive funding. Hundreds of thousands of federal workers will be paid. Food benefits will be restored. Layoffs are prevented until January 30. The deal now moves…
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Indian government bonds are expected to trade sideways today. Investors are watching for bond purchases, believed to be led by the Reserve Bank of India. This activity is boosting market confidence. Inflation data for October is due Wednesday, with a…
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The National Securities Depository Limited (NSDL) on Monday announced the successful revamp of its Foreign Portfolio Investor (FPI) Portal and the launch of the Foreign Venture Capital Investor (FVCI) Portal. The revamped platform unifies FPI and FVCI registration and operations…
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