NEWS
Overseas claims on India up $6.7 bn at $368.3 bn in Q1 FY25
05 Oct 2024
Net claims of non-residents on India, in terms of the country’s International Investment Position (IIP), increased by $6.7 billion to $368.3 billion
India’s forex reserves surge $12.58 bn to $704.89 bn in a week
05 Oct 2024
India’s forex reserves surge $12.58 bn to $704.89 bn in week ended 27 September
India’s external debt increased by $13.3 bn to $682.3 bn in April-June 2024: RBI data
05 Oct 2024
India’s external debt increased by $13.3 billion and stood at $682.3 billion as of end-June 2024 against $589 billion at end-March
US port workers call off strike after tentative wage deal with employers
04 Oct 2024
US port workers across the East Coast and the Gulf of Mexico called off their three-day strike on Thursday, following a tentative deal with the employers group
Sabadell shareholders accuse BBVA of worsening its bid with modified offer
04 Oct 2024
Shareholders of Spanish bank Banco Sabadell have accused its larger peer BBVA of “worsening” the takeover offer by announcing a modification to the original bid offer, undervaluing the bank further.
London’s Canary Warf craving for occupancy
04 Oct 2024
Canary Wharf, a part of London's central business district and once a thriving urban hub with living apartments, retail shops
India probes alleged dumping of steel, polymers and 4 other products by China
04 Oct 2024
India has initiated anti-dumping investigation on six products, including steel and polymers, imported from China, to save domestic manufacturers from dumping of cheap and substandard products.
France, Greece, Italy and Poland back EU proposal for anti-dumping duty on Chinese EVs
04 Oct 2024
Chinese electric vehicles are facing tariff action from the European Union, with member countries, including France, Greece
FCI to digitise supply chain management system
04 Oct 2024
Food Corporation of India (FCI) has undertaken an ambitious programme of modernising its supply chain management system through a comprehensive digital transformation.
Guinea-Bissau becomes first African country to use blockchain for fiscal transparency
03 Oct 2024
Guinea-Bissau, a tiny West African nation, has made a big leap in the use of financial technology by successfully launching a blockchain platform for wage bill management
Sebi prescribes new guidelines to de-risk equity derivatives
03 Oct 2024
Securities and Exchange Board of India (Sebi) has come out with new guidelines for de-risking the equity derivatives segment so as to safeguard investments amidst the changing market dynamics.
ADNOC to buy German chemicals firm Covestro for $16 bn
02 Oct 2024
Abu Dhabi National Oil Company (ADNOC) has agreed to acquire German chemicals company Covestro in a deal valued at 14.7 billion euros ($16.3 billion)
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