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News   -   Jan 10, 2025 NaBFID Eyes Largest Ever Fundraising for Q4
NaBFID Eyes Largest Ever Fundraising for Q4

To support the country's ambitious economic push, India's state-owned National Bank for Financing Infrastructure & Development (NaBFID) is aiming to raise $4.7 billion, the largest fundraising ever during the January–March timeframe. The financing would be achieved from the local debt markets through a combination

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News   -   Jan 10, 2025 Indian Economy to Grow by 6.6% in 2025, Says UN Report
Indian Economy to Grow by 6.6% in 2025, Says UN Report

According to the United Nations (UN) World Economic Situation and Prospects 2025 report, the Indian economy is expected to grow by 6.6% in 2025 and 6.7% in 2026, supported by private consumption and investment growth. “In India, the public sector continues to play a pivotal role in funding

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News   -   Jan 10, 2025 Industry Bodies and Law Firms Seek Raising FDI limits; Easier Investments from China
Industry Bodies and Law Firms Seek Raising FDI limits; Easier Investments from China

To make Indian economy more appealing, industry bodies and legal firms have proposed easing restrictions on the flow of capital from China, liberalising laws for plantations and agriculture, and raising the FDI limits for R&D and security agencies. The issues were discussed during a consultation by the Department

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News   -   Jan 09, 2025 Decline in Microfinance Industry, Defaults Doubled
Decline in Microfinance Industry, Defaults Doubled

The microfinance industry shrank in the second quarter of FY25 as loan delinquency rates —- where instalments are overdue by 30 to 180 days — reached 4.3% in September 2024 from 2% just a year ago. The microfinance portfolio was valued at ₹4.1 lakh crore in September 2024, a

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News   -   Jan 08, 2025 India’s Economic Growth Dips Below Government Estimates
India’s Economic Growth Dips Below Government Estimates

India’s economy is expected to grow only at a rate of 6.4% in 2024-25. This is the lowest growth rate in the last four years and the slump is attributed to a slowdown in manufacturing and urban consumption, according to the National Statistics Office (NSO). The estimate falls

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News   -   Jan 06, 2025 Mixed Signals for Q3 as Growth Struggles to Meet Forecasts
Mixed Signals for Q3 as Growth Struggles to Meet Forecasts

The Economic Times reports that economic activity showed signs of improvement in the third quarter of fiscal year 2024-25, with indicators such as Unified Payments Interface (UPI) transactions and Goods and Services Tax (GST) collections rising. However, growth for the year is expected to remain subdued, falling below the Reserve

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News   -   Jan 03, 2025 B2B Payment Network Likely to be Launched by March
B2B Payment Network Likely to be Launched by March

According to Business Standard, the bill-aggregation platform Bharat Connect from the National Payments Corporation of India (NPCI) is anticipated to launch its Bharat BillPay for Business service by March 2025. The service will permit businesses to process business-to-business (B2B) payments using a framework similar to that which the NPCI offers

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News   -   Jan 03, 2025 Major Start-Ups Gear Up for 2025 Public Listings
Major Start-Ups Gear Up for 2025 Public Listings

The year 2025 is set to witness nearly 25 start-ups entering the primary market, almost double the 2024 count, with anticipated listings from firms such as Ather Energy, Bluestone, and Zepto. Last year, 13 tech start-ups raised over $3.4 billion in IPOs, supported by strong domestic and foreign investor

by Publisher
NaBFID Eyes Largest Ever Fundraising for Q4
News   -   Jan 10, 2025 NaBFID Eyes Largest Ever Fundraising for Q4

To support the country's ambitious economic push, India's state-owned National Bank for Financing Infrastructure & Development (NaBFID) is aiming to raise $4.7 billion, the largest fundraising ever during the January–March timeframe. The financing would be achieved from the local debt markets through a combination

by Publisher
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News   -   Jan 10, 2025 NaBFID Eyes Largest Ever Fundraising for Q4
NaBFID Eyes Largest Ever Fundraising for Q4

To support the country's ambitious economic push, India's state-owned National Bank for Financing Infrastructure & Development (NaBFID) is aiming to raise $4.7 billion, the largest fundraising ever during the January–March timeframe. The financing would be achieved from the local debt markets through a combination

by Publisher
News   -   Jan 10, 2025 Indian Economy to Grow by 6.6% in 2025, Says UN Report
Indian Economy to Grow by 6.6% in 2025, Says UN Report

According to the United Nations (UN) World Economic Situation and Prospects 2025 report, the Indian economy is expected to grow by 6.6% in 2025 and 6.7% in 2026, supported by private consumption and investment growth. “In India, the public sector continues to play a pivotal role in funding

by Publisher
News   -   Jan 10, 2025 Industry Bodies and Law Firms Seek Raising FDI limits; Easier Investments from China
Industry Bodies and Law Firms Seek Raising FDI limits; Easier Investments from China

To make Indian economy more appealing, industry bodies and legal firms have proposed easing restrictions on the flow of capital from China, liberalising laws for plantations and agriculture, and raising the FDI limits for R&D and security agencies. The issues were discussed during a consultation by the Department

by Publisher
News   -   Jan 09, 2025 Decline in Microfinance Industry, Defaults Doubled
Decline in Microfinance Industry, Defaults Doubled

The microfinance industry shrank in the second quarter of FY25 as loan delinquency rates —- where instalments are overdue by 30 to 180 days — reached 4.3% in September 2024 from 2% just a year ago. The microfinance portfolio was valued at ₹4.1 lakh crore in September 2024, a

by Publisher
News   -   Jan 08, 2025 India’s Economic Growth Dips Below Government Estimates
India’s Economic Growth Dips Below Government Estimates

India’s economy is expected to grow only at a rate of 6.4% in 2024-25. This is the lowest growth rate in the last four years and the slump is attributed to a slowdown in manufacturing and urban consumption, according to the National Statistics Office (NSO). The estimate falls

by Publisher
News   -   Jan 06, 2025 Mixed Signals for Q3 as Growth Struggles to Meet Forecasts
Mixed Signals for Q3 as Growth Struggles to Meet Forecasts

The Economic Times reports that economic activity showed signs of improvement in the third quarter of fiscal year 2024-25, with indicators such as Unified Payments Interface (UPI) transactions and Goods and Services Tax (GST) collections rising. However, growth for the year is expected to remain subdued, falling below the Reserve

by Publisher
News   -   Jan 03, 2025 B2B Payment Network Likely to be Launched by March
B2B Payment Network Likely to be Launched by March

According to Business Standard, the bill-aggregation platform Bharat Connect from the National Payments Corporation of India (NPCI) is anticipated to launch its Bharat BillPay for Business service by March 2025. The service will permit businesses to process business-to-business (B2B) payments using a framework similar to that which the NPCI offers

by Publisher
News   -   Jan 03, 2025 Major Start-Ups Gear Up for 2025 Public Listings
Major Start-Ups Gear Up for 2025 Public Listings

The year 2025 is set to witness nearly 25 start-ups entering the primary market, almost double the 2024 count, with anticipated listings from firms such as Ather Energy, Bluestone, and Zepto. Last year, 13 tech start-ups raised over $3.4 billion in IPOs, supported by strong domestic and foreign investor

by Publisher
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News   -   Jan 15, 2025 Pixxel Sends Three Hyperspectral Satellites into Orbit with SpaceX
Pixxel Sends Three Hyperspectral Satellites into Orbit with SpaceX

Bengaluru-based startup Pixxel announced the launch of three of the world's highest-resolution commercial hyperspectral satellites from the Vandenberg Space Force Base in California on Wednesday. The Firefly constellation satellites were integrated via Exolaunch and launched aboard the Transporter-12 rideshare mission with SpaceX. The launch took place around 1

by PTI
News   -   Jan 15, 2025 GOP Lawmaker Warns Adani Case Could Harm US-India Relations
GOP Lawmaker Warns Adani Case Could Harm US-India Relations

A Republican lawmaker has asked the US Department of Justice to preserve all records in connection with the "selective prosecution" of billionaire industrialist Gautam Adani and his group of companies by the Biden administration. The demand comes less than a week before the Donald Trump administration takes office.

by PTI
News   -   Jan 15, 2025 Delhi Excise Case: Home Ministry Approves Prosecution of Kejriwal
Delhi Excise Case: Home Ministry Approves Prosecution of Kejriwal

The Union Home Ministry has granted sanction to the Enforcement Directorate to prosecute former Delhi chief minister and AAP national convenor Arvind Kejriwal in the excise policy linked money laundering case, officials said. The federal agency has filed a chargesheet against the 56-year-old politician before a special Prevention of Money

by PTI
News   -   Jan 15, 2025 Armed Forces' Welfare a Govt Priority, says PM Modi
Armed Forces' Welfare a Govt Priority, says PM Modi

Prime Minister Narendra Modi on Wednesday lauded the Indian Army for its determination, professionalism and dedication, and underlined his government's commitment to the welfare of armed forces and their families. In posts on X on Army Day, he said, "Today, on Army Day, we salute the unwavering

by PTI
News   -   Jan 15, 2025 Odisha Eyes Greenfield Steel Plant Deal in Keonjhar
Odisha Eyes Greenfield Steel Plant Deal in Keonjhar

Odisha Chief Minister Mohan Charan Majhi on Tuesday said he is hopeful that the MoU for establishment of a "mega" steel plant in mineral-rich Keonjhar district would be signed during a business conclave in the state on January 28-29. Majhi said he is focusing on signing of the

by PTI
News   -   Jan 15, 2025 Singapore President Arrives in Delhi for Five-Day Visit
Singapore President Arrives in Delhi for Five-Day Visit

President of Singapore Tharman Shanmugaratnam arrived here on Tuesday night on a five-day visit that aims to further boost bilateral ties in a range of areas. Shanmugaratnam, accompanied by a high-level delegation, was received at the airport by Union Minister Jitin Prasada. It is his first visit to India as

by PTI
News   -   Jan 15, 2025 Jaishankar Discusses Bilateral Progress with Spanish Leaders in Madrid
Jaishankar Discusses Bilateral Progress with Spanish Leaders in Madrid

External Affairs Minister S Jaishankar on Tuesday called on Spanish President Pedro Sanchez and reiterated the "long-standing" India-Spain partnership, updating him on the progress in bilateral cooperation. Separately, he also called on the King of Spain Felipe VI. Jaishankar arrived in Spain on Monday for a two-day official

by PTI
News   -   Jan 15, 2025 Fog Disrupts Dialy Life in the National Capital
Fog Disrupts Dialy Life in the National Capital

A thick layer of very dense fog covered New Delhi on Wednesday morning. The national capital's air quality fell into the "very poor" range. The Central Pollution Control Board reports that at 7 a.m. today, the AQI was measured at 344 in Delhi. It was

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