NEW DELHI: Global ratings agency Fitch on Tuesday affirmed India’s sovereign rating at BBB (minus) with a stable outlook. It said strengths from a robust growth outlook compared with peers and resilient external finances have supported India in navigating the large external shocks over the past year, but weak public finances remain an obstacle.“We forecast […]
Fitch affirms BBB-sovereign rating, sees 6% growth in FY24 Read More »
BENGALURU: Taiwanese contract manufacturer Foxconn has bought 300 acres at Devanahalli in Bengaluru for Rs 300 crore through its subsidiary Foxconn Hon Hai Technology India Mega Development, a London Stock Exchange (LSE) filing on Tuesday showed.Foxconn is one of the biggest producers of Apple products. It’s expected that the plant in Bengaluru will produce Apple
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NEW DELHI: After finance minister Nirmala Sitharaman’s nudge on Monday, financial sector regulators are set to launch a campaign to clear dues of depositors and shareholders next month with the easier cases of ‘accounts with nominees’ to be taken up first.The amounts involved are large. At February-end, nearly Rs 35,000 crore was lying as unclaimed
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ISLAMABAD: Pakistan has placed an order for a single cargo of Russian oil, but is keen for a long-term deal to buy the crude in Chinese currency, according to the country’s power minister.The payment for the first shipment has been made in US dollars but Pakistan would like further purchases to be in made in
Pakistan keen to pay for Russian oil imports With Chinese yuan Read More »
