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Adani prepays Rs 7,374 crore of share-backed financing
Updated : 3 years ago IST
Along with the repayments done earlier in the month of February, the conglomerate said Adani has prepaid USD 2,016 million of share-backed financing, which is consistent with promoters' commitment to prepay all share-backed financing before March 31, 2023, according to a statement from Adani
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China assures it will back Sri Lanka's debt restructuring: President on IM
Updated : 3 years ago IST
Making a special address in Parliament, the President said that the EXIM Bank of China last night handed over a new letter of assurance pertaining to Sri Lanka's debt restructuring, according to Newswire.
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Saffronic Studio launches Global Operations
Updated : 3 years ago IST
Los Angeles [US], March 7 (ANI/PRNewswire): The animation industry is growing exponentially. In 2022 its estimated global worth was around USD 400 billion, and it is forecasted to grow rapidly. This year-on-year growth means that demand for animation services is increasing and opening up opp
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China prioritizes defence budget despite economic woes
Updated : 3 years ago IST
According to figures released on the opening day of the first annual session of the 14th National People's Congress (NPC), China's 2023 defense budget will rise 7.2% to CNY1.5537 trillion (USD224.59 billion).
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Aaquaries Global Industries Limited mulls investment of USD 200 million in
Updated : 3 years ago IST
New Delhi [India], March 6 (ANI/SRV): Aaquaries Global Industries Limited, a research-based integrated pharmaceutical company involved in niche API manufacturing & marketing of pharmaceutical ingredient supplier for foremost formulators with services, including APIs, custom pharmaceutica
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Svasti Microfinance raises USD 5 Million from IIX's Women's Livelihood Bon
Updated : 3 years ago IST
Mumbai (Maharashtra) [India], March 6 (ANI/PRNewswire): Mumbai-based Svasti Microfinance Private Limited (Svasti) has received US$ 5 million through Non-Convertible Debentures from Singapore-based Impact Investment Exchange (IIX)'s Women's Livelihood Bond 5 (WLB5). WLB5 is the fifth issuance
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USD 2 billion "move" from Pak's south to north annually: Pakistan Finance
Updated : 3 years ago IST
The minister while addressing a press conference on Friday said that every year, private security vans, carrying USD 2 billion in cash, "move from south to north." He said dollars are smuggled out from there.
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India emerges as a major player in global market: Report
Updated : 3 years ago IST
Indian economy has surprised the globe in more areas than just the financial industry. The world is now aware of India's enormous economic potential thanks to the new Air India agreement with Boeing and Airbus. India's historically large order on the global market has established the prin
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World Bank signs USD 1 billion loan to support India's health sector
Updated : 3 years ago IST
According to a release by World Bank on March 3, this combined financing of USD 1 billion will support India's flagship Pradhan Mantri-Ayushman Bharat Health Infrastructure Mission (PM-ABHIM), launched in October 2021, to improve the public healthcare infrastructure across the country.
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Confident India's exports will touch USD 750 billion in 2022-23: Piyush Go
Updated : 3 years ago IST
Union minister Piyush Goyal has said that India's overall export figure for last year had already crossed in the month of February and expressed confidence that merchandise and services exports would touch USD 750 billion in 2022-23 (April-March).
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India to manufacture USD 300 billion electronic goods by 2026: Rajeev Chan
Updated : 3 years ago IST
"PM has laid out a very clear vision that India will be a significant player in the global electronics supply chain. He laid a target that India will do a 300 billion dollars of electronics manufacturing by 2026," said Chandrasekhar.
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Pakistan economic crisis impacting Kabul-Islamabad trade
Updated : 3 years ago IST
As per ACCI, the trade between Afghanistan and Pakistan reached close to USD 3 billion but has recently dropped.
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