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10 pc richest in UK extracted wealth from India worth $33.8 trillion between 1765-1900: Oxfam
Business

10 pc richest in UK extracted wealth from India worth $33.8 trillion between...

New Delhi, Jan 20: Between 1765 and 1900, the richest 10 per cent in the UK extracted wealth from India alone worth US$33.8 trillion in today’s money enough to carpet the surface area of London in the 50-pound notes almost four times over, an Oxfam global report said on Monday. According to authors...
24 companies to invest Rs 3,516 crore under PLI scheme for ACs and LED lights
Business

24 companies to invest Rs 3,516 crore under PLI scheme for ACs and LED lights

New Delhi, Jan 20: With as many as 24 beneficiary companies committing an investment of Rs 3,516 crore in the third round, the government’s production linked incentive (PLI) scheme is poised to significantly boost the production of components of ACs and LED lights across India, according to a...
Infamous Hindenburg, which targeted Adani Group, faced intense scrutiny from Indian regulators
Business

Infamous Hindenburg, which targeted Adani Group, faced intense scrutiny from...

New Delhi, Jan 16: Infamous short selling firm Hindenburg Research, which is now being disbanded as per an open letter from its founder Nate Anderson, has been under the radar of Indian regulators like the Securities and Exchange Board of India (SEBI) over its report against the Adani Group, which...
81 pc India Inc backs PM
Business

81 pc India Inc backs PM's internship scheme, embraces internships through CSR:...

New Delhi, Jan 16: More than 80 per cent of India Inc is in support of the Prime Minister's Internship Scheme 2024 and is making great strides to align their Corporate Social Responsibility (CSR) initiatives with the scheme, according to a report on Thursday. The report by TeamLease EdTech, based on...
Indians visiting UAE to get wider access to UPI payments as NIPL ties up with Magnati
Business

Indians visiting UAE to get wider access to UPI payments as NIPL ties up with...

New Delhi, Jan 16: Indian tourists visiting the United Arab Emirates (UAE) will be able to use Unified Payments Interface (UPI) to make payments over a wider range of merchant locations with NPCI International Payments Limited (NIPL) announcing that it has entered into a partnership with Magnati, a...
Foreign entities lead real estate institutional investments in India with 54 pc share
Business

Foreign entities lead real estate institutional investments in India with 54 pc...

New Delhi, Jan 15: Foreign investors dominated institutional investments in the real estate sector in India with 54 per cent share in 2024, accounting for $3.7 billion, according to a report on Wednesday. Despite a reduction in share, investments increased by 36 per cent in value terms, according to...
Thematic funds in India see 488 pc growth in net collections as manufacturing, energy lead
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Thematic funds in India see 488 pc growth in net collections as manufacturing,...

Mumbai, Jan 15: Thematic funds witnessed a remarkable 488 per cent growth in net collections last year, as sectoral and thematic funds reached Rs. 1,09,711 crore in collection (34 per cent of total net collections), a report showed on Wednesday. Of the total net collection in sectoral and thematic...
US SEC files lawsuit against Musk ahead of Trump inauguration
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US SEC files lawsuit against Musk ahead of Trump inauguration

Washington, Jan 15: Just days ahead of Donald Trump’s inauguration as the 47th US President, the Securities and Exchange Commission (SEC) has filed a lawsuit against his best ally Elon Musk over an alleged securities violation relating to his acquisition of Twitter (now called X) in 2022. The SEC...
TV Today closing radio business operations over losses
Business

TV Today closing radio business operations over losses

New Delhi, Jan 9: Media company TV Today Network Ltd. announced on Thursday that its Board of Directors have approved a proposal to shut down the loss making FM Radio Broadcasting operations of the company, comprising three FM radio stations in Mumbai, Delhi and Kolkata under the frequency 104.8 FM....
Indian economy expected to clock 6.8 pc growth in 2025-26: Report
Business

Indian economy expected to clock 6.8 pc growth in 2025-26: Report

New Delhi, Jan 9: The Indian economy is projected to grow at a robust 6.8 per cent in the financial year 2025-26, driven by strong high frequency indicators, according to a Bank of Baroda forecast.The report expects nominal GDP growth to be around 10.5 per cent during the next financial year. It...
UAE Ambassador inaugurates padel courts at OP Jindal Global University
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UAE Ambassador inaugurates padel courts at OP Jindal Global University

Sonipat (Haryana), Jan 8: In an effort to promote health, well-being, and cross cultural collaboration, Abdulnasser Alshaali, UAE Ambassador to India and Prof. (Dr) C. Raj Kumar, Vice Chancellor of O.P. Jindal Global University, inaugurated four state-of-the-art padel courts at O.P. Jindal Global...
Per capita nominal GDP in FY25 to grow by Rs 35,000 more than FY23: Economists
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Per capita nominal GDP in FY25 to grow by Rs 35,000 more than FY23: Economists

New Delhi, Jan 8: Despite a slowdown in real GDP growth, per capita nominal GDP in India is expected to increase significantly in FY25, by at least Rs 35,000 more than FY23, economists have said. The first advance estimate (AE) of GDP for FY25 by the National Statistical Office (NSO) indicates GDP...
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