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High discom debt, losses hinder prospects of listing state power firms

As discoms pushed all the buttons to meet the record-high demand during FY23, their total debt rose to Rs 70k cr for funding their capex, working capital requirement, and operational losses

Finding their sea legs: BAFs, the calm in the eye of market storm

Tidal shift: Anchoring strong in choppy seas, BAFs draw Rs 2,456 crore amid equity ebb

Finding their sea legs: BAFs, the calm in the eye of market storm

Tidal shift: Anchoring strong in choppy seas, BAFs draw Rs 2,456 crore amid equity ebb

Bima Stack promises seamless insurance claims, better access for all

Bima Stack makes purchasing insurance simpler, speeds up claims and strengthens access to products. It gives people control over their data

Bandhan core equity fund: In the quiet of strategy, wealth finds its way

Over the past three years, the fund has consistently adhered to its mandate of investing in largecap and midcap stocks, with a strong preference for largecaps

Street Signs: Derivatives on ice, markets stuck as clarity evaporates, more

Equity markets entered correction territory last week, with the NSE Nifty and broader market indices, Nifty Midcap 100 and Nifty Smallcap 100, declining more than 10 per cent from their all-time highs

BS Poll: Rupee may depreciate to 84.5 against US dollar by end of December

RBI is expected to be active in the currency market, which will cap the losses

Quadruple blow: No Band-Aid for consumption stocks as inflation cuts deep

Festival flop, sluggish spending, job drought, and market correction sink consumption stocks

Laptop import cut of 5% in works; govt wants no supply disruption

The caveat assumes significance in context of the govt's announcement of its plan in Aug 2023 to issue licences for import of select IT hardware products to reduce the country's dependence on China

PSBs set to launch MSME credit model this month, reveals document

Initially, nine PSBs such as Bank of Baroda, Canara Bank, Bank of Maharashtra and others will allow loans only up to Rs 25 lakh. Bank of India will offer loans up to Rs 1 crore

CBIC should do away with IGCRS Rules for the export oriented units

The CBIC should do away with the IGCRS Rules for the EOUs, as they serve no useful purpose, only cause harassment and encourage corruption

Adidas to Nike: Global footwear majors put best foot forward in Tamil Nadu

State eyes building raw material ecosystem to woo majors like Nike, Adidas, Puma, New Balance, and Reebok

BoI to attract high net-worth individuals to counter deposit woes: CEO & MD

Open to joint venture or inorganic acquisition of mutual fund unit

India's FTA with Oman hits deadlock over revision in market access offer

Government officials said that the negotiations were completed earlier in March and revising India's offer would mean restarting inter-ministerial consultations to firm up India's revised stance

Weak urban demand weighs on FMCG firms in Q2 despite rural market recovery

Urban demand grew by 2.8 per cent, while rural demand increased by 6 per cent, up from 5.2 per cent in the April-June quarter

India's startup ecosystem sees rebound, late-stage deals take lead

Investors attribute the revival to the country's strong public markets, which are boosting confidence in initial public offering (IPO)-bound startups offering viable exit opportunities

Manufacturing slump likely to hit India's Q2 GDP growth to six-quarter low

During the June quarter of FY25, the economy grew 6.7 per cent

Rio declaration? Battle lines drawn over wars in Ukraine, West Asia

Brazil has adopted the theme "Building a Just World and a Sustainable Planet" for its presidency, with a focus on fighting hunger, poverty, and inequality

CNG sedans gain popularity in India as consumers shift to cleaner fuels

Fresh upgrades in sedans likely to attract entry SUV buyers and pre-owned car buyers

India's PDS faces leakages, reforms needed for efficient distribution

Besides this annual cost, which will only increase with increasing MSPs and the overall carrying cost, it is well established that the programme is insufficient to fulfil citizens' nutritional needs