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"We Are Largest Private Investor In Bihar": Pranav Adani At 'Bihar Business Connect 2024'
Pranav Adani, the Managing Director of agro, oil and gas and Director of Adani Enterprises on Friday unveiled a massive Rs 27,900 crore investment plan for Bihar, with the potential of creating 53,500 jobs in the state.
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Private Banks in Taiwan Seek to Explore Virtual Asset Custody Business, FSC Shows Support
During a recent press conference, Hu Zehua, an official from the Financial Supervisory Commission (FSC), announced that the regulatory body is open to allowing financial institutions to participate in trials for virtual asset custody services. The FSC aims to have a draft of a new law outlining compliance requirements ready by the end of this year.
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Budget 2024: For The 1st Time, Private Sector Allowed to Invest in Atomic Energy
India's atomic energy got a positive nudge today with Finance Minister Nirmala Sitharaman saying, "Nuclear energy is expected to form a very significant part of the energy mix for Viksit Bharat."
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Opinion | Consumption, Private Investment: The Twin Challenge For Budget FY25
Since 2011-12, private investment has been on a decline, hitting a low of 19.6% of GDP in FY 2020-21 (excluding the pandemic year, when it dropped to around 10%).
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Top Industrial Body Pegs India's GDP Growth At 8% For 2024-25
CII expects the country's economy to grow at 8 per cent in 2024-25 on the back of a better performance of the agriculture sector and higher levels of private investment, according to Sanjiv Puri, the newly elected President of the top industry body.
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This Bank Fired A Dozen Employees For Faking Keyboard Activity
The fired employees worked in the bank's wealth and investment management unit.
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UN Revises India's 2024 Economic Growth Projection Upwards From 6.2 To 6.9%
The United Nations has revised upwards India's growth projections for 2024, with the country's economy now forecast to expand by close to seven per cent this year, mainly driven by strong public investment and resilient private consumption.
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Private Planes, Luxury Hotels: Indian-American Man's Multi-Million Dollar Scam
An Indian-American has been indicted by a grand jury in a Ponzi scheme with the FBI urging victims of the investment adviser in Texas to come forward.
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''Sour Grapes'': Billionaire Vinod Khosla Takes A Dig At Elon Musk Over OpenAI Lawsuit
Vinod Khosla was the first venture capitalist to invest in OpenAI's ChatGPT when the company switched from a non-profit to a private firm in 2019.
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HTech to Start Manufacturing Honor Phones in India in Q1 2024, Invests Rs. 400 Crore: CEO Madhav Sheth
Honor 90 5G was recently launched in India by HTech. The phone was initially released in China earlier this year in May. HTech, a private firm partly owned by PSAV Global, is said to begin manufacturing and distributing Honor products in India. HTech CEO Madhav Sheth discussed some of the company’s ongoing and upcoming plans in an interview.
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Climate Goal Depends On Massive Private Sector Investment: IMF
The private sector must drastically increase its climate-related investments, most crucially in developing countries, for the world to reach net zero carbon by 2050, the International Monetary Fund (IMF) said in a report published Monday.
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At G20, Italy Tells China It Plans To Exit Belt And Road Project: Report
Giorgia Meloni privately signalled to Chinese Premier Li Qiang that Italy is planning to exit from an investment pact that has become a test of her nation's relations with the US.
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Indian Economy Grows 7.8% In April-June, Compared To 6.1% In Last Quarter
The Indian economy grew 7.8 per cent in the April-June quarter, driven by high private consumption and investment, the fastest in a year that saw a sharp rise in inflation.
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EV Maker BYD Said to Be Planning to Invest $1 Billion in India for Electric Cars, Batteries
China's BYD has submitted a $1 billion (nearly Rs. 8,200 crore) investment proposal to build electric cars and batteries in India in partnership with a local company, three people with direct knowledge of the plan told Reuters. BYD and privately held Hyderabad-based Megha Engineering and Infrastructures have submitted a proposal to Indian regulato...
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Chandrayaan-3: ISRO Secures Critical Components From Mumbai-Based Aerospace Firm
A Mumbai-based private aerospace company has supplied critical components to the Indian Space Research Organisation (ISRO) for its upcoming Chandrayaan-3 mission. Liquid propulsion engines such as Vikas, CE20, and satellite thrusters for the lunar mission have been manufactured by Godrej Aerospace in its facility at Vikhroli in suburban Mumbai, a ...
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"We Are Largest Private Investor In Bihar": Pranav Adani At 'Bihar Business Connect 2024'
Pranav Adani, the Managing Director of agro, oil and gas and Director of Adani Enterprises on Friday unveiled a massive Rs 27,900 crore investment plan for Bihar, with the potential of creating 53,500 jobs in the state.
-
Private Banks in Taiwan Seek to Explore Virtual Asset Custody Business, FSC Shows Support
During a recent press conference, Hu Zehua, an official from the Financial Supervisory Commission (FSC), announced that the regulatory body is open to allowing financial institutions to participate in trials for virtual asset custody services. The FSC aims to have a draft of a new law outlining compliance requirements ready by the end of this year.
-
Budget 2024: For The 1st Time, Private Sector Allowed to Invest in Atomic Energy
India's atomic energy got a positive nudge today with Finance Minister Nirmala Sitharaman saying, "Nuclear energy is expected to form a very significant part of the energy mix for Viksit Bharat."
-
Opinion | Consumption, Private Investment: The Twin Challenge For Budget FY25
Since 2011-12, private investment has been on a decline, hitting a low of 19.6% of GDP in FY 2020-21 (excluding the pandemic year, when it dropped to around 10%).
-
Top Industrial Body Pegs India's GDP Growth At 8% For 2024-25
CII expects the country's economy to grow at 8 per cent in 2024-25 on the back of a better performance of the agriculture sector and higher levels of private investment, according to Sanjiv Puri, the newly elected President of the top industry body.
-
This Bank Fired A Dozen Employees For Faking Keyboard Activity
The fired employees worked in the bank's wealth and investment management unit.
-
UN Revises India's 2024 Economic Growth Projection Upwards From 6.2 To 6.9%
The United Nations has revised upwards India's growth projections for 2024, with the country's economy now forecast to expand by close to seven per cent this year, mainly driven by strong public investment and resilient private consumption.
-
Private Planes, Luxury Hotels: Indian-American Man's Multi-Million Dollar Scam
An Indian-American has been indicted by a grand jury in a Ponzi scheme with the FBI urging victims of the investment adviser in Texas to come forward.
-
''Sour Grapes'': Billionaire Vinod Khosla Takes A Dig At Elon Musk Over OpenAI Lawsuit
Vinod Khosla was the first venture capitalist to invest in OpenAI's ChatGPT when the company switched from a non-profit to a private firm in 2019.
-
HTech to Start Manufacturing Honor Phones in India in Q1 2024, Invests Rs. 400 Crore: CEO Madhav Sheth
Honor 90 5G was recently launched in India by HTech. The phone was initially released in China earlier this year in May. HTech, a private firm partly owned by PSAV Global, is said to begin manufacturing and distributing Honor products in India. HTech CEO Madhav Sheth discussed some of the company’s ongoing and upcoming plans in an interview.
-
Climate Goal Depends On Massive Private Sector Investment: IMF
The private sector must drastically increase its climate-related investments, most crucially in developing countries, for the world to reach net zero carbon by 2050, the International Monetary Fund (IMF) said in a report published Monday.
-
At G20, Italy Tells China It Plans To Exit Belt And Road Project: Report
Giorgia Meloni privately signalled to Chinese Premier Li Qiang that Italy is planning to exit from an investment pact that has become a test of her nation's relations with the US.
-
Indian Economy Grows 7.8% In April-June, Compared To 6.1% In Last Quarter
The Indian economy grew 7.8 per cent in the April-June quarter, driven by high private consumption and investment, the fastest in a year that saw a sharp rise in inflation.
-
EV Maker BYD Said to Be Planning to Invest $1 Billion in India for Electric Cars, Batteries
China's BYD has submitted a $1 billion (nearly Rs. 8,200 crore) investment proposal to build electric cars and batteries in India in partnership with a local company, three people with direct knowledge of the plan told Reuters. BYD and privately held Hyderabad-based Megha Engineering and Infrastructures have submitted a proposal to Indian regulato...
-
Chandrayaan-3: ISRO Secures Critical Components From Mumbai-Based Aerospace Firm
A Mumbai-based private aerospace company has supplied critical components to the Indian Space Research Organisation (ISRO) for its upcoming Chandrayaan-3 mission. Liquid propulsion engines such as Vikas, CE20, and satellite thrusters for the lunar mission have been manufactured by Godrej Aerospace in its facility at Vikhroli in suburban Mumbai, a ...
