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USD 680 BILLION
FCNR(B): Revisiting a proven crisis management toolFacing renewed external sector pressures, the RBI has revived a version of the FCNR(B) deposit framework to attract foreign currency inflow...- RBI accelerates gold repatriation as global trust wanesThe Reserve Bank of India is bringing home nearly 77% of its gold reserves by March 2026. This significant move accelerates the onshoring o...
- Need to fine-tune PLI scheme, develop raw material ecosystem for medtech sector growth: ReportA CII-BCG report suggests fine-tuning the PLI scheme and developing the raw material ecosystem to boost India's medtech sector. The aim is ...
- Amneal Pharmaceuticals to invest up to USD 200 mn in India to set up 2 new plantsAmneal Pharmaceuticals announces a significant investment of up to USD 200 million in India over the next four to five years. The funds wil...
- India presents a different picture than 10 years ago, says Dhankhar; heaps praise on PM Modi, UP CMVice-President Jagdeep Dhankhar highlighted India's significant progress in foreign exchange reserves, now at USD 680 billion, during the i...
- Nikesh Arora: Meet the Indian-origin CEO earning more than Google’s Sundar Pichai, Microsoft’s Satya NadellaThe report from data analytics firm C-Suite Comp featured two lists based on different metrics: "total compensation granted" in 2023 and "c...
- G20 Sherpa Amitabh Kant lauds India's digital transformation journey in 9 yearsIndia has made significant strides in digital transformation over the past nine years, with a 96% reduction in data costs and a 1.4 billion...
- Greenko to supply green power to ArcelorMittal, Ayana Renewable, 3 states from Kurnool plantThe plant which is being set up at a cost of USD 3 billion is the world's largest renewable energy storage project. Global steel giant Arce...
- Greenko setting up world's largest RE storage plant at $3 bn investmentThe 5,230 megawatt (MW) project is being set up at a cost of USD 3 billion, the company official told PTI while informing that global steel...
- Global solar sector sees 193 pc rise in corporate funding: Mercom CapitalThe venture capital (VC) funding in first half (H1) of 2021 rose by 680 per cent higher to USD 1.6 billion in 26 deals, compared to the USD...
- PE investments jump 55% to all-time high of USD 24 billion in 2017According to deal tracker Venture Intelligence, the investment value is 39 per cent higher than the previous high of USD 17.1 billion (reco...
- Forex reserves hit record $404.92 billionReserves had crossed the $400-billion mark for the first time in September.
- Domestic banks' overseas presence up marginally in FY17: RBIThere was a marginal decrease in the employee strength of the domestic banks operating abroad to 3,984 in 2016-17 from 4,040 in 2015-16.
- Work on TAPI pipeline to begin in Pakistan tomorrow: OfficialLeaders of Turkmenistan, Afghanistan, Pakistan and India performed the ground-breaking of the project in December 2015.
- Apple tops Fortune's most admired companies listOthers in the top ten include Berkshire Hathaway, Disney, Alphabet, General Electric, Southwest Airlines, Facebook and Microsoft.
- Pakistan wants early implementation of TAPI project: Nawaz SharifSharif was informed that an Intergovernmental Agreement was signed by the Head of States of all the members of TAPI in 2010.
- Annual food wasted enough to feed 500 mn people: FAOThe total food wasted every year globally is enough to feed 500 million people without any extra burden on natural resources, a top officia...
- Services exports down 5.6% in Sept; imports fall 0.8%Imports of services also fell marginally by 0.8 per cent in September to $6.80 billion, compared to $6.86 billion in August.
- News Corp slips into the red; posts $203 mn quarterly lossMedia conglomerate News Corp has posted a loss of USD 203 million for the fourth quarter ended June 30, primarily bogged down by impairment...
- Pak can use US military aid only against Taliban, Qaeda: SenatePart of US' $680b defence aid to be used to fight al-Qaeda & Taliban only.
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