Tuesday, March 19, 2024

Economy and Finance

Adani Group to invest ₹1.2 lakh crore in FY 2024-25 through 11 companies, 70% to be in green businesses

Adani Group plans to invest USD 14 billion (Rs 1.2 lakh crore) in 2024-25 financial year through its portfolio of 11 listed companies, in developing the country's infrastructure

India’s foreign exchange reserves cross $636 Billion, at over two-year high

Forex reserves or foreign exchange reserves (FX reserves), are assets that are held by a nation's central bank or monetary authority.

USA interfering in India once again ahead of elections: US Attorney’s Office for Eastern District of New York decides to probe Adani Group for...

The Adani group has denied the allegations in a statement stating that they are fully compliant with all laws in India and other countries.

Kerala financial crisis: Supreme Court suggests Centre to go ‘slightly liberal’ & provide one-time bailout package as CPM govt demands Rs 19,000 crore

The Kerala government has failed to pay salaries to several of its employees for the month of February.

India, Indonesia central banks sign agreement to promote use of local currencies for bilateral transactions

The MoU covers all current account transactions, permissible capital account transactions and any other economic and financial transactions in local currencies as agreed upon by both countries.

Extreme Poverty is now officially eliminated in India, says think tank report, praises initiatives of Modi govt

India has now officially eliminated 'extreme poverty', which can be seen through the sharp decline in headcount poverty ratio and stark increase in household consumption, American think tank Brookings said in a report.

Adani Group to invest ₹75,000 crore in Madhya Pradesh across power, expressways, cement, food processing, gas, defence manufacturing and other sectors

The Adani Group will invest Rs 75,000 crore in Madhya Pradesh, Pranav Adani, the director of Adani Enterprises Ltd. said on Friday.

Tata Group’s market capitalisation reaches USD 365 billion, bigger than Pakistan’s entire economy

Tata Group's market value stands at USD 365 billion which is more than Pakistan's GDP

Two multi-billion dollar full-fledged semiconductor fabs coming up soon in India apart from testing and packaging plants: MoS IT Rajeev Chandrashekhar

Minister of Electronics and IT Rajeev Chandrasekhar stated that two full-fledged semiconductor fabrication plants with multi-billion dollar investments are soon coming up in India.

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