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Valmiki Maharshi scam: BJP demands dismissal of B Nagendra from Karnataka
Updated : 1 year, 10 months ago IST
BJP Karnataka alleged that Siddaramaiah-led Congress government was attempting to protect Minister B Nagendra, accused in the multi-crore scam involving Rs 187.33 crore.
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Norway Chess, Round 4: Vaishali extends lead; Praggnanandhaa, Humpy suffer
Updated : 1 year, 10 months ago IST
Just a day after registering his first classical win over the five-time World Champion Magnus Carlsen, India's star prodigy Praggnanandhaa R went down against America's Hikaru Nakamura in Round 4 of the Norway Chess 2024 at the SpareBank 1 SR-Bank on Thursday.
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Federal Bank and Tata AIA Life Insurance Announce Strategic Bancassurance
Updated : 1 year, 10 months ago IST
Mumbai (Maharashtra) [India], May 31: Federal Bank, a prominent private sector bank in India, announced a Bancassurance tie-up with Tata AIA Life Insurance Co Ltd, one of India's leading life insurance companies. This strategic alliance aims to provide Federal Bank's customers, access to Tat
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Lengthy timeframe and uncertain returns constrain sustainability adoption:
Updated : 1 year, 10 months ago IST
Mumbai (Maharashtra) [India], May 31: The SIDBI - D&B Sustainability Perception Index (SPeX), also known as the 'green pulse indicator' decreased by around 2% to 54 during the January -March 2024 period, as MSMEs reported lower implementation of sustainability practices compared to last
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Bad loans during UPA stifled credit needs of startups and small businesses
Updated : 1 year, 10 months ago IST
The bad loans crisis during the Congress-led UPA tenure stifled the credit requirements and dreams of crores of aspirational Indians who wanted to establish start-ups and expand small businesses, alleged Finance Minister and senior BJP leader Nirmala Sitharaman.
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Daaji to speak at the United Nations on the International Day of Yoga and
Updated : 1 year, 10 months ago IST
Hyderabad (Telangana) [India], May 31: The Guide of Heartfulness and President of Shri Ram Chandra Mission - Revered Daaji is on tour in the United States in the wake of the hugely successful Global Spirituality Conference that was hosted at Kanha, Hyderabad, the global headquarters of Heart
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In about-turn from economic liberalisation days, India moves in its gold t
Updated : 1 year, 10 months ago IST
In an about-turn from the economic liberalisation days of 1991 when India shipped out gold and pledged it overseas to avert a looming financial crisis, the country has now shipped in a little over 100 tonnes of its gold reserves held in the UK.
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IDFC FIRST Bank to Raise Rs 3,200 cr Via Preferential Issue
Updated : 1 year, 10 months ago IST
Mumbai (Maharashtra) [India], May 31: IDFC FIRST Bank has laid a robust foundation with a strong and profitable business model. The Bank is seeing strong traction in raising deposits with customer deposits growing by 42% in FY24 over FY23. The Bank also sees significant upcoming opportunitie
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Expect high dividend payments by RBI to government to continue: SBI Resear
Updated : 1 year, 10 months ago IST
After having paid an unexpectedly high dividend to the central government by the RBI last financial year, it is now expected that higher dividend payments could continue in the current year too.
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Insolvency and Bankruptcy Code helped banks to recover from NPA: Nirmala S
Updated : 1 year, 10 months ago IST
Citing the success of the IBC, she mentioned that World Bank, in its 2019 report, noted that India's 2016 insolvency regime reform increased creditor recovery rates from 26.5 to 71.6 cents on the dollar, making India 'by far the best performer in South Asia' and surpassing even the averag
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IDFC First Bank to raise Rs 3200 cr through preferential issue
Updated : 1 year, 10 months ago IST
The IDFC First Bank has approved a fundraising plan through a preferential issue of equity shares, the company informed the exchange in a filing on Thursday.
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RBI projects real GDP growth for 2024-25 at 7.0 per cent
Updated : 1 year, 10 months ago IST
Despite subdued global economic activity and multiple headwinds, the Indian economy expanded impressively, with real GDP growth accelerating to 7.6 per cent from 7.0 per cent in the previous year - the third successive year of 7 per cent or above growth, the RBI highlighted in its annual rep
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