Business News

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Swiggy’s SNACC App Brews Excitement with Blue Tokai Coffee Roasters Partnership

Kolkata, January 13, 2025: Swiggy has unveiled an exciting collaboration between its newly launched app, SNACC, and the renowned Blue Tokai Coffee Roasters. The SNACC app is designed to provide a seamless experience with quick discovery, fast checkout, and rapid delivery of high-quality, delectable food options. It caters to a variety of customer needs, offering…

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IMF Chief Warns of Rising Global Economic Uncertainty Amid Shifting U.S. Trade Policies

Washington, January11, 2025: Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), issued a warning on Friday about the heightened uncertainty the global economy will face in 2025, primarily due to economic policies, with particular emphasis on the evolving U.S. trade strategy. Georgieva emphasized that the U.S. economy, given its size and influence,…

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NLC India Renewables Partners with Assam Power Discom for Solar Energy Revolution

New Delhi, January11, 2025: In a bid to advance sustainable energy solutions, NLC India Renewables (NIRL), a wholly-owned subsidiary of NLC India, has entered into a joint venture (JV) agreement with Assam Power Distribution Company Ltd (APDCL). The agreement was signed on Saturday, aiming to bolster renewable energy initiatives in Assam. As per the agreement,…

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Industry Minister Tarunpreet Singh Sond Invites National and International Food Companies to Invest in Punjab

New Delhi, January,10 2025: Punjab’s Minister for Industry, Commerce, and Investment Promotion, Tarunpreet Singh Sond, extended an invitation to domestic and international food companies to invest in Punjab. Addressing nearly 40 Managing Directors and CEOs of food sector companies during the 8th Indus Food Fair in Noida, organized in collaboration with the Trade Promotion Council…

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Real Estate Sector Anticipates Key Reforms in Union Budget 2025-26 to Drive Growth and Affordability

Kolkata, January10, 2025: With the Union Budget 2025-26 approaching, India’s real estate sector is eagerly anticipating reforms that could drive growth, enhance affordability for homebuyers, and stabilize financial conditions for developers. Contributing approximately 8% to the nation’s GDP, the real estate sector plays a vital role in generating employment and fostering infrastructure development, making it…

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Market Takes a Hit: Sensex Sinks 528 Points

Mumbai, January9, 2025: The BSE Sensex continued its downward trajectory on Thursday, plunging 528.28 points to close at 77,620.21, weighed down by weak global market trends. The National Stock Exchange (NSE) Nifty also fell sharply, losing 162.45 points to settle at 23,526.50. The Sensex began the session on a positive note, gaining 58 points in…

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Indian Railways Allocates 76% of FY25 Budget to Boost Infrastructure and Growth

New Delhi, January 8, 2025: Indian Railways is on track to meet its capital expenditure (capex) goals for the fiscal year 2024-25 (FY25), having utilized Rs 1,92,446 crore, or 76% of the gross budgetary support allocated to it. This spending, which has occurred in the first nine months of the year, is directed toward enhancing…

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MMT Unveils Industry-First Part Payment Option for International Flights

New Delhi, January8, 2025: Online travel giant MakeMyTrip (MMT) has launched an innovative feature called the “Part Payment Option” aimed at enhancing the convenience of booking international flights. This groundbreaking option enables travelers to secure their bookings by paying just 10–40% of the total fare upfront. The exact upfront payment is determined based on factors…

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India services PMI surges to 59.3 in December on strong demand

New Delhi, Jan 6, 2025: India’s services sector witnessed robust growth in December 2024, achieving the fastest expansion in four months, fueled by strong demand and easing inflationary pressures, according to a private survey released on Monday. The S&P Global India Services Purchasing Managers’ Index (PMI), compiled by HSBC, surged to 59.3 in December, up…

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World Bank Launches 2025 with AUD 1.75 Billion Sustainable Development Bond in Kangaroo Market

Washington DC,  January 6, 2025: The World Bank (International Bank for Reconstruction and Development, IBRD, rated Aaa/AAA) has successfully issued its first benchmark bond for 2025—a landmark Australian dollar (AUD) 1.75 billion 5-year Sustainable Development Bond. Maturing on January 10, 2030, the bond underscores the World Bank’s ongoing commitment to funding green and social initiatives…

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