The People's Bank of China held the interest rate on the one-year medium-term lending facility steady at 2%—a move predicted by nine of out 10 economists surveyed by Bloomberg. The authorities also withdrew a net 1.15 trillion yuan ($158 billion) from the financial system with the tool, the most since 2014.
Diese Geschichte stammt aus der December 26, 2024-Ausgabe von Financial Express Chennai.
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Diese Geschichte stammt aus der December 26, 2024-Ausgabe von Financial Express Chennai.
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IMD turns 150 today
PM Modi will launch 'Mission Mausam' on Tuesday to mark the 150th foundation day of IMD
Maha Kumbh: 16 mn take holy dip
THE FOG WAS thick, the cold intense and the waters freezing as the Maha Kumbh, the world's largest gathering, began on Monday with over 16.5 million people taking a dip in the Sangam in their quest for ‘moksha’ and the belief it will wash away their sins.
Pixxel to launch India's first private satellite network
PIXXEL IS SET to launch three of its six hyperspectral imaging satellites aboard a SpaceX rocket from California on Tuesday, the first such network in India's nascent private space sector, Pixxel's chief told Reuters.
PAG Buys Stakes in Manjushree, Pravesha
ASIA PACIFIC-FOCUSED PRIVATE equity firm PAG on Monday announced that it has signed a pact to acquire a stake in Manjushree Technopack, one of the country's largest rigid plastic packaging firms.
WeWork India raises ₹500 cr
CO-WORKING MAJOR WeWork India announced on Monday that it has raised ₹500 crore through a rights issue of securities.
Captain Fresh Narrows Loss, Logs Jump in FY24 Revenue
TIGER GLOBAL-BACKED B2B seafood chain Captain Fresh reduced its net loss by 22% to ₹229 crore in FY24, while growing its topline by almost 70% to ₹1,395 crore.
Dabur vs Tata in Delhi HC over chutney name
FMCG giant Dabur will respond to a notice issued by the Delhi High Court in a trademark infringement case on February 5.
Hiremath seeks a third of Kalyani family fortune
THE FAMILY FEUD between Baba Kalyani, chairman and MD of Bharat Forge, and his sister Sughandha Hiremath has taken a fresh turn with the latter filing a case in the Pune court, seeking a third of the former's family wealth.
Jio, Yotta, 11 others present AI compute infra plans to MeitY
HIRANANDANI-BACKED YOTTA, TATA Communications, Jio, CtrlS and E2E Networks were among 13 companies that presented their technical presentations before the ministry of electronics and information technology (MeitY) on Monday, to make available the AI compute infrastructure in the country, sources said.
Path cleared for Zepto to merge units
NO NEED FOR RBI APPROVAL
