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Forex reserves rise by $7 billion to hit record high of $681.69 billion

The overall reserves had jumped by $4.546 billion to $674.664 billion in the previous reporting week

NCLT approves merger of Reliance-owned Viacom18 Media with Star India

Approving it, the NCLT observed: "From the material on record, the Scheme appears to be fair and reasonable and is not violative of any provisions of law and is not contrary to public policy"

Tamil Nadu CM visits San Francisco, inks pact with Microchip, Nokia, PayPal

The CM, who is leading a high-level official delegation, is currently on a tour to US till Sept 14 to attract investments into the state as part of goal to transform it into a $1 trn economy by 2030

Stop writing letters, answer the questions: BJP replies Mamata Banerjee

In her letter, Banerjee said that she was yet to receive a reply from the prime minister on the issue that she had flagged in her previous letter to him

StartupTN got funding of Rs 80 cr, formed partnerships with 200 VCs: CEO

StartupTN aims to nurture a vibrant startup ecosystem in the state to encourage innovation and entrepreneurship-driven employment and economic growth

Railway ministry approves final location survey of Nashik-Dahanu new line

The new line will also provide connectivity from Deccan plateau to Vadhvan port in Dahanu, the foundation stone of which was laid during the day by Prime Minister Narendra Modi, officials said

India's fiscal deficit in Apr-Jul at 17.2% of full-year target: CGA data

The deficit stood at 33.9 per cent of the Budget Estimates (BE) in the corresponding period of 2023-24

India's GDP growth slows to 15-month low of 6.7% in April-June quarter

The agriculture sector recorded a 2 per cent growth, down from 3.7 per cent in the April-June quarter of 2023-24, as per the National Statistical Office (NSO) data released on Friday

Govt's kharif rice procurement target 5% higher at 48.5 mn tonnes in FY25

Centre has also set a target to procure 1.9 mn tonnes of kharif coarse grains/ millets (Shree Anna) during KMS 2024-25, much higher target compared to 660,000 tonnes during KMS 2022-23 (Kharif crop)

RBI imposes penalty of Rs 2.68 cr on UCO Bank violation of provisions

The RBI has also imposed a penalty of Rs 2.1 lakh on Cent Bank Home Finance Ltd for non-compliance

Shriram Properties to focus on mid-segments; eyes doubling annual sales

Executive Director and Group CEO Gopalakrishnan noted that his company turned profitable last financial year and reported a profit of Rs 75 crore

Somanathan takes over as cabinet secretary following Gauba's term end

Until recently the Union finance secretary, Somanathan was named as the next cabinet secretary on August 10 with a two-year tenure

Public sector industries must prioritise MSMEs in buying raw materials: MoS

The minister inaugurated a two-day conclave on MSME, organised by the Federation of Karnataka Chambers of Commerce & Industry (FKCCI) at Palace Grounds in Bengaluru

Two-thirds land of Yamuna floodplain encroached in recent years: DDA survey

On April 8, while dealing with a suo motu case about waterlogging in Delhi during monsoon, the high court ordered the removal of encroachments from the Yamuna's floodplain and sought a report from DDA

Sebi approves IIHL's acquisition of PMS business unit of Invesco AMC

The Competition Commission of India (CCI) has already granted its consent to IIHL for acquiring 60 per cent shareholding in each of InvescoAsset Management (India) Pvt Ltd and Invesco Trustee Pvt Ltd

NDMC to give 5% rebate on property tax payments on or before Sep 30

The council, which oversees municipal work in several central Delhi areas, advised the taxpayers to avoid the last-minute rush and plan their tax deposit well in time to get the rebate

PM Modi to visit Brunei, Singapore in first week of September: MEA

This visit will also mark 40 years of the establishment of the diplomatic ties between India and Brunei, MEA's Jaiswal added

SC reserves verdict on ineligible arbitrator's ability to nominate another

The apex court had in 2017 and 2020 held that ineligible people cannot nominate another person, however, in another matter, SC allowed appointment made by person who was ineligible for the post

PM Modi to flag off 2 Vande Bharat trains on Saturday: Southern Railway

Only the inaugural special of the Nagercoil-bound service will be flagged off from Dr MGR Chennai Central station but the regular service will be from Chennai Egmore, the release added

Key infra sectors' growth slows down to 6.1% in July, shows govt data

The eight core sectors contribute 40.27 per cent to the Index of Industrial Production (IIP) which measures overall industrial growth