Emergency Funds
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India's Food Consumption Pattern Emerges As Most Sustainable, As Per WWF Report
If all nations followed the consumption pattern of India, the world would need less than "one Earth" to meet food demands, the report suggests.
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US Officials Struggle To Quash Hurricane Helene Conspiracy Theories
In the wake of the devastation of Hurricane Helene in the United States this week, a new storm emerged on social media - false rumours about how disaster funds have been used, and even claims that officials control the weather.
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India's Manufacturing Incentives Progress Amid Efforts to Cut China Imports
Since 2020, India's cash incentives to boost domestic manufacturing have attracted over $17 billion (roughly Rs. 1,42,279 crore) of investment. The scheme, which offers four to six percent cash incentives on incremental sales to manufacturers, was launched across 14 sectors including electronics, pharmaceuticals, textiles and white goods.
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Congress' "Apologise Or" Warning After Kangana Ranaut's Sonia Gandhi Jibe
The Congress has responded angrily to BJP MP Kangana Ranaut's allegations - that its Himachal Pradesh government illegally transferred funds meant for disaster relief to Sonia Gandhi.
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India To Soon Top China Among Emerging Global Markets: Morgan Stanley
India is likely to soon overtake China as the most influential in a key emerging markets index, pulling in more foreign funds and adding fuel to a stock market rally that is "only past the halfway mark", Morgan Stanley said.
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WazirX Wallet Hack: Liminal Denies Responsibility Amid Recent Allegations
Liminal has refuted recent allegations by WazirX that claim that the point of breach in this wallet hack was not from its end, but because of Liminal’s screening system failure. The wallet infrastructure firm has reiterated that its platform continues to operate seamlessly and has been processing transfers and withdrawals for all of its customers...
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Cryptocurrencies Pose Risks to Emerging Markets, Central Bank's Stand Remains Unchanged: RBI Governor
RBI Governor Shaktikanta Das said on Thursday that the central bank's position on cryptocurrencies had not changed, despite wider acceptance in other countries. The central bank chief was responding to a question about the US securities regulator approving the first US-listed exchange-traded funds for Bitcoin. The RBI Governor has repeatedly stated...
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Israel-Hamas War: Woman Rescued From Home Ruins Gives Birth To Baby Girl
An operation resulted in the miraculous birth of a baby not too distant from the remains of her family's home in the Gaza Strip.
-
Crypto Relief Aid Set-Up in War-Ridden Israel; Unocoin CEO Lists Ethical Implications
After Palestine-based militant group, the Hamas, struck Israel with missiles on October 6, a bunch of crypto companies came together to establish ‘Crypto Aid Israel’. The aim is to collect some emergency funding for Israel. The proceeds will be allocated to the families of soldiers, first respondents, captured nationals as well as killed ones. ...
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India Overtakes China As Most Attractive Market For Investing: Report
India has overtaken China as the most attractive emerging market for investing for sovereign wealth funds in 2023 due to its solid demographics, political stability and proactive regulation, a report said today.
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From Passion To Runway: Essential Tips For Emerging Fashion Entrepreneurs
Enter the industry with dedication, creativity, and a commitment to shaping culture, art and individuality.
-
Pakistan May Hand Over Karachi Port Terminals To UAE For Funds: Report
Cash-strapped Pakistan has constituted a negotiation committee to finalise a deal with the UAE for handing over its Karachi port terminals as it seeks to raise an emergency fund amid uncertainty over the revival of a stalled loan from the IMF.
-
SpiceJet To Borrow From Emergency Fund To Revive Grounded Planes
SpiceJet said it would draw funds from the government's Emergency Credit Line Guarantee Scheme (ECLGS).
-
Meta Said to Be Targeting $7 Billion in Its Second Blue-Chip Bond Sale
Meta Platforms emerged as the first mega-cap technology company to tap the US investment-grade bond market as turmoil in the financial sector has toppled five banks since March. The social-media behemoth, which reported earnings last week, is looking to raise $7 billion (nearly Rs. 57,250 crore) in a five-part deal, according to a person familiar ...
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Crypto Scams, Exploits Alarmingly Stole $103 Million from Investors in April 2023: Report
A new report from blockchain research firm CertiK estimates that a whopping amount of $103 million (roughly Rs. 840 crore) was stolen in crypto exploits last month in April. Exit scams and flash loans emerged as the largest contributors of stolen funds in crypto crimes. In the last four months of 2023, CertiK estimates $429.7 million (roughly Rs. 3...
-
India's Food Consumption Pattern Emerges As Most Sustainable, As Per WWF Report
If all nations followed the consumption pattern of India, the world would need less than "one Earth" to meet food demands, the report suggests.
-
US Officials Struggle To Quash Hurricane Helene Conspiracy Theories
In the wake of the devastation of Hurricane Helene in the United States this week, a new storm emerged on social media - false rumours about how disaster funds have been used, and even claims that officials control the weather.
-
India's Manufacturing Incentives Progress Amid Efforts to Cut China Imports
Since 2020, India's cash incentives to boost domestic manufacturing have attracted over $17 billion (roughly Rs. 1,42,279 crore) of investment. The scheme, which offers four to six percent cash incentives on incremental sales to manufacturers, was launched across 14 sectors including electronics, pharmaceuticals, textiles and white goods.
-
Congress' "Apologise Or" Warning After Kangana Ranaut's Sonia Gandhi Jibe
The Congress has responded angrily to BJP MP Kangana Ranaut's allegations - that its Himachal Pradesh government illegally transferred funds meant for disaster relief to Sonia Gandhi.
-
India To Soon Top China Among Emerging Global Markets: Morgan Stanley
India is likely to soon overtake China as the most influential in a key emerging markets index, pulling in more foreign funds and adding fuel to a stock market rally that is "only past the halfway mark", Morgan Stanley said.
-
WazirX Wallet Hack: Liminal Denies Responsibility Amid Recent Allegations
Liminal has refuted recent allegations by WazirX that claim that the point of breach in this wallet hack was not from its end, but because of Liminal’s screening system failure. The wallet infrastructure firm has reiterated that its platform continues to operate seamlessly and has been processing transfers and withdrawals for all of its customers...
-
Cryptocurrencies Pose Risks to Emerging Markets, Central Bank's Stand Remains Unchanged: RBI Governor
RBI Governor Shaktikanta Das said on Thursday that the central bank's position on cryptocurrencies had not changed, despite wider acceptance in other countries. The central bank chief was responding to a question about the US securities regulator approving the first US-listed exchange-traded funds for Bitcoin. The RBI Governor has repeatedly stated...
-
Israel-Hamas War: Woman Rescued From Home Ruins Gives Birth To Baby Girl
An operation resulted in the miraculous birth of a baby not too distant from the remains of her family's home in the Gaza Strip.
-
Crypto Relief Aid Set-Up in War-Ridden Israel; Unocoin CEO Lists Ethical Implications
After Palestine-based militant group, the Hamas, struck Israel with missiles on October 6, a bunch of crypto companies came together to establish ‘Crypto Aid Israel’. The aim is to collect some emergency funding for Israel. The proceeds will be allocated to the families of soldiers, first respondents, captured nationals as well as killed ones. ...
-
India Overtakes China As Most Attractive Market For Investing: Report
India has overtaken China as the most attractive emerging market for investing for sovereign wealth funds in 2023 due to its solid demographics, political stability and proactive regulation, a report said today.
-
From Passion To Runway: Essential Tips For Emerging Fashion Entrepreneurs
Enter the industry with dedication, creativity, and a commitment to shaping culture, art and individuality.
-
Pakistan May Hand Over Karachi Port Terminals To UAE For Funds: Report
Cash-strapped Pakistan has constituted a negotiation committee to finalise a deal with the UAE for handing over its Karachi port terminals as it seeks to raise an emergency fund amid uncertainty over the revival of a stalled loan from the IMF.
-
SpiceJet To Borrow From Emergency Fund To Revive Grounded Planes
SpiceJet said it would draw funds from the government's Emergency Credit Line Guarantee Scheme (ECLGS).
-
Meta Said to Be Targeting $7 Billion in Its Second Blue-Chip Bond Sale
Meta Platforms emerged as the first mega-cap technology company to tap the US investment-grade bond market as turmoil in the financial sector has toppled five banks since March. The social-media behemoth, which reported earnings last week, is looking to raise $7 billion (nearly Rs. 57,250 crore) in a five-part deal, according to a person familiar ...
-
Crypto Scams, Exploits Alarmingly Stole $103 Million from Investors in April 2023: Report
A new report from blockchain research firm CertiK estimates that a whopping amount of $103 million (roughly Rs. 840 crore) was stolen in crypto exploits last month in April. Exit scams and flash loans emerged as the largest contributors of stolen funds in crypto crimes. In the last four months of 2023, CertiK estimates $429.7 million (roughly Rs. 3...
