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Omron, Japanese Medical Devices Major, to Establish Manufacturing Unit in Tamil Nadu

Nidhi Mishra -
Omron, a prominent Japanese medical devices company, has announced its plans to establish a state-of-the-art manufacturing unit in Tamil Nadu, India. The decision to...
Bank

Reserve Bank of India Optimistic about India’s Advantages in the Face of Challenges in 2023-24

Nidhi Mishra -
The Reserve Bank of India (RBI) has expressed optimism about India's economic prospects in the fiscal year 2023-24, despite acknowledging the challenges that lie...
Business

Telecom Company Faces Lawsuit as 48 US States Take Legal Action Over Billions of Illegal Robocalls

Nidhi Mishra -
A telecom company is under legal scrutiny as 48 US states have collectively filed a lawsuit against the company, alleging its involvement in billions...
Bank

Income Tax Department Warns of Penalties for Delayed SFT Filing.

Nidhi Mishra -
The Income Tax Department has issued a warning stating that delayed filing of Statement of Financial Transactions (SFT) will attract penalties. This announcement highlights...
Bank

RBI Governor Cautions Bank Boards Against Overaggressive Growth and Evergreening Practices

Nidhi Mishra -
The Governor of the Reserve Bank of India (RBI) has issued a warning to bank boards regarding the risks associated with overaggressive growth strategies...
Bank

Foreign VC Funding in India Witnesses 72% Decline as Unicorn Machines Stutter

Nidhi Mishra -
Foreign venture capital (VC) funding in India has experienced a significant decline of 72% as the unicorn machines, referring to high-valued startup companies, face...
Bank

Bombay Burmah Corporation Sets Aside Rs 1,866 Crore Provisions for Go Air Investment

Nidhi Mishra -
Bombay Burmah Corporation, a diversified conglomerate, has made provisions amounting to Rs 1,866 crore for its investment in Go Air. This decision reflects the...
Bank

Rajasthan Witnesses Slackening Share of Social Sector in Total Expenditure

Nidhi Mishra -
Rajasthan, a state known for its emphasis on social development and welfare programs, has experienced a slackening share of the social sector in its...
Bank

Finance Ministry Urges Public Sector Banks to Resolve Small Debt Defaults through Haircuts

Nidhi Mishra -
The Finance Ministry of India has urged Public Sector Banks (PSBs) to proactively address small debt defaults by considering haircuts, marking a significant step...
Business

Encouraging Sign: Unemployment Rate Drops to 6.8% in January-March 2023, Reveals NSO Survey

Nidhi Mishra -
The latest survey conducted by the National Statistical Office (NSO) brings positive news for the Indian economy as the unemployment rate witnessed a decline,...
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