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Suven Pharmaceuticals to acquire controlling stake in US-based company NJ
Updated : 1 year, 3 months ago IST
The company informed stock exchanges that the controlling stake came with an investment of USD 64.4 million.
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FII selling slows in November 2024 as India markets stabilize post October
Updated : 1 year, 3 months ago IST
FII outflows reduced to Rs182 billion (USD 2.2 billion) in November, a sharp drop from Rs919 billion (USD 10.9 billion) in October. Interestingly, the month showcased a tale of two halves. While FIIs remained net sellers in the first half of November, with outflows of Rs195 billion (USD 2.3
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Global physically backed gold ETFs reported a net loss for the first time
Updated : 1 year, 3 months ago IST
This was the largest single-month outflow since April, leading to a 4 per cent drop in total assets under management (AUM) to USD 274 billion.
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Global trade to hit record $33 trillion in 2024: UNCTAD report
Updated : 1 year, 3 months ago IST
The United Nations Conference on Trade and Development (UNCTAD) projected global trade to reach a record USD33 trillion in 2024, reflecting a USD1 trillion increase compared to 2023.
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Israel sees record-breaking USD 10.5 billion in startup acquisitions
Updated : 1 year, 3 months ago IST
More than 200 venture capital partners, investors, and entrepreneurs gathered in Tel Aviv on Thursday for the annual 2024-2025 Trends and Forecasts conference.
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India and ADB sign USD 50 million loan for climate-adaptative water harves
Updated : 1 year, 3 months ago IST
The Government of India and the Asian Development Bank (ADB) on Thursday signed a USD 50 million loan aimed at enhancing water security by constructing water-harvesting systems to improve access to water and reducing community vulnerability against climate change impacts in Meghalaya, Minist
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Notable decline in forex reserve because RBI using forex to manage currenc
Updated : 1 year, 3 months ago IST
The recent decline in India's forex reserve from USD 705 billion to USD 656.58 billion is because the central bank is using forex reserve to manage currency volatility says a report by Union Bank of India.
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Arab Coordination Group pledges USD 10 billion by 2030 to combat desertifi
Updated : 1 year, 3 months ago IST
The Arab Coordination Group (ACG), a coalition of 10 leading development finance institutions, has pledged up to USD 10 billion by 2030 to combat land degradation, desertification, and drought. Announced at COP16 of the UNCCD in Riyadh, this initiative will focus on restoring degraded lands,
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ED seizes Rs 1.36 cr in crypto, Rs 47 lakh cash in cyber fraud case
Updated : 1 year, 3 months ago IST
The Enforcement Directorate (ED) seized cryptocurrency worth Rs 1.36 crore (USDT) from private wallets, along with unexplained cash amounting to Rs 47 lakh, during an investigation into a major money laundering case.
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UNHCR receives record USD 1.1 billion of early funding to provide protecti
Updated : 1 year, 3 months ago IST
Donor governments pledged a record USD 1.143 billion today to provide protection, life-saving assistance and solutions to millions of people uprooted by the increasing number of conflicts across the world, showing their support for the work of United Nations High Commissioner for Refugees (
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Riyadh Global Drought Resilience Partnership secures USD 2.15 bn in commit
Updated : 1 year, 3 months ago IST
Saudi Arabia, as the host of the UNCCD COP16, has announced the Riyadh Global Drought Resilience Partnership, pledging USD 2.15 billion to assist the world's most drought-vulnerable countries, focusing on proactive drought preparedness and resilience.
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Pakistan implements tough measures to secure USD 1.1 billion IMF loan tran
Updated : 1 year, 3 months ago IST
The Pakistani government has implemented several tough measures, including mandatory asset disclosures by civil servants and their families, to fulfil the conditions required to secure a USD 1.1 billion tranche from the International Monetary Fund (IMF), The Express Tribune reported on Monda
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