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South Korea aims to prevent illegal trading via stock short selling
Business

South Korea aims to prevent illegal trading via stock short selling

Seoul, Sep 25: The government will publish detailed guidelines on stock short selling this week to help prevent people unintentionally engaging in illegal trading, the financial regulator said on Wednesday. The guidelines will be made public on Thursday, while an English version of the how-to...
Gautam Adani, Bombardier CEO discuss ‘transformative partnerships
Business

Gautam Adani, Bombardier CEO discuss ‘transformative partnerships' in aviation...

Ahmedabad, Sep 25: Gautam Adani, Chairman of the Adani Group, has held a high-level meeting with Eric Martel, CEO of Bombardier, and deliberated on “transformative partnerships” in the aviation sector. In a post on social media platform X, on Wednesday, Gautam Adani informed that they will aim to...
Organised gold loans to reach Rs 15 lakh crore in India by March 2027: Report
Business

Organised gold loans to reach Rs 15 lakh crore in India by March 2027: Report

Mumbai, Sep 25: The organised gold loans by banks and non-banking financial companies (NBFCs) are set to exceed Rs 10 lakh crore in the current fiscal, with a projection to reach Rs 15 lakh crore by March 2027, a report showed on Wednesday.Rating agency ICRA said that banks remain dominant driven by...
India to sign bilateral investment treaty with Uzbekistan during FM Sitharaman
Business

India to sign bilateral investment treaty with Uzbekistan during FM Sitharaman's...

New Delhi, Sep 24: Finance Minister Nirmala Sitharaman is set to embark on an official visit to Uzbekistan from September 24-28, to attend the ninth annual meeting of Board of Governors of Asian Infrastructure Investment Bank (AIIB). FM Sitharaman will hold bilateral meetings with her counterparts...
Finland beating recession but deficit will persist: Finance Ministry
Business

Finland beating recession but deficit will persist: Finance Ministry

Helsinki, Sep 24: Finland is emerging from recession, but the public economy is expected to remain in persistent deficit, according to the latest forecast of the Finnish Ministry of Finance. Nevertheless, the analysis report said the country will avoid triggering the European Commission's Excessive...
Indian banks to issue bonds worth Rs 1.3 lakh crore in FY25, PSBs to dominate: Report
Business

Indian banks to issue bonds worth Rs 1.3 lakh crore in FY25, PSBs to dominate:...

Mumbai, Sep 24: Led by public sector banks (PSBs), Indian banks are set to issue all-time high bonds worth Rs 1.2 lakh crore Rs 1.3 lakh crore in the current fiscal (FY25), surpassing the earlier peak of Rs 1.1 lakh crore in FY23, a report showed on Tuesday. PSBs are likely to command a lion’s share...
Recoveries from stressed operational thermal plants to improve by 9 pc in next fiscal : Report
Business

Recoveries from stressed operational thermal plants to improve by 9 pc in next...

Mumbai, Sep 23: For asset reconstruction companies (ARCs), the cumulative recovery rate for stressed operational thermal power plants (TPPs) is set to improve 700-900 basis points (bps) on-year to 83-85 per cent next fiscal due to robust growth in power consumption, a report said on Monday....
Indian real estate market set to reach $10 trillion by 2047: Report
Business

Indian real estate market set to reach $10 trillion by 2047: Report

Sydney, Sep 23: The real estate market is expected to play a pivotal role in the economic growth trajectory of India. It will potentially be a $10 trillion market by 2047, accounting for a 14-20 per cent share in the country’s GDP, according to a report on Monday. The interplay between real estate...
Investors prefer regular hefty returns, tax benefits post Covid: Report
Business

Investors prefer regular hefty returns, tax benefits post Covid: Report

New Delhi, Sep 23: Degree of returns, regularity of returns, and tax benefits are the significant factors influencing post-Covid investment decisions, according to a report on Monday. The report, jointly made by the PHD Research Bureau, PHD Chamber of Commerce and Industry, and Jagan Institute of...
Sensex trades at all time high, Bharti Airtel and SBI top gainers
Business

Sensex trades at all time high, Bharti Airtel and SBI top gainers

Mumbai, Sep 23: Indian frontline indices were trading at an all-time high on Monday as heavyweights like Bharti Airtel, SBI and M&M were top gainers in the BSE's Benchmark. In early trade, Sensex and Nifty made a new all-time high of 84,862 and 25,911 respectively. At 9.46 a.m., Sensex was 259...
FIIs infuse Rs 14,064 crore in Indian equity market this week, buying to continue
Business

FIIs infuse Rs 14,064 crore in Indian equity market this week, buying to...

Mumbai, Sep 21: The foreign institutional investors (FIIs) turned aggressive buyers this week with infusing Rs 14,064 crore in the cash market as Indian markets remained resilient amid robust economy performance, data showed on Saturday. Total FII investment till September 20 stood at Rs 33,699...
Oyo acquiring US hospitality chain with 1,500 motels for $525 million
Business

Oyo acquiring US hospitality chain with 1,500 motels for $525 million

New York, Sep 21: Boosting its international presence, Indian hospitality major Oyo’s parent company Oravel Stays is acquiring Motel 6 and Studio 6 chain with about 1,500 facilities across the US and Canada from the investment company Blackstone in a $525 million cash deal, the US firm said on...
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