Mubadala pips PIF as top spender globally
Financial Express Kolkata|January 02, 2025
ABU DHABI'S MUBADALA Investment was the world's most active sovereign wealth fund last year as it ramped up deal-making across everything from private credit to artificial intelligence (AI).
MATTHEW MARTIN

That came as Saudi Arabia's Public Investment Fund, which was the most active in 2023, slowed down spending and refocused on investing at home.

Mubadala deployed $29.2 billion in 2024, according to research consultancy Global SWF. That was 67% more than a year earlier and far out-paced the 7% wider growth in investments by sovereign funds globally.

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Financial Express Kolkata

SC Refuses to Hear Plea on Cancellation of BPSC Exam

THE SUPREME COURT on Tuesday refused to entertain a plea seeking the cancellation of the 70th Combined Competitive Exams (preliminary) conducted by the Bihar Public Services Commission (BPSC) on the grounds of an alleged paper leak and told the petitioner that he should have first approached the Patna High Court.

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1 min  |
January 08, 2025
Financial Express Kolkata

Delhi Votes on Feb 5

● Bypolls in Milkipur in UP & Erode in TN are also scheduled

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2 minutos  |
January 08, 2025
Financial Express Kolkata

Mandi prices of pulses near MSP

MANDI PRICES OF several varieties of pulses — tur, urad and moong — are ruling close to the minimum support price (MSP) due to the arrival of kharif harvest and robust imports, trade sources said.

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1 min  |
January 08, 2025
Financial Express Kolkata

Fintech Firms Need to Boost Digital Payment Infra: Nagaraju

NOTING THAT THE digital payment infrastructure plays a crucial role in the fintech industry's expansion, financial services secretary M Nagaraju on Tuesday said fintech firms need to improve digital payment systems in rural regions and encourage lending based on digital footprints for micro, small and medium enterprises (MSMEs).

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1 min  |
January 08, 2025
Financial Express Kolkata

NSDC starts pan-India survey to identify gaps in skill initiatives

TO DESIGN GOVERNMENT schemes better and to aid organisations in mapping the demand-supply gap of skilled manpower, the National Skill Development Corporation (NSDC) has begun a pan-India survey with consumer intelligence firm Axis My India.

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1 min  |
January 08, 2025
Financial Express Kolkata

10 mn farmers get digital IDs linked to land records

To develop a database of farmers which is linked to their land records, the agriculture ministry, in collaboration with states, has provided digital IDs to 10 million farmers across 10 states as on Tuesday, according to a senior official.

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1 min  |
January 08, 2025
Financial Express Kolkata

Petroleum product exports rise 3%

INDIA'S EXPORTS OF petroleum products in December increased by 3.1% to 1.37 million barrels per day against 1.33 million barrels per day in the corresponding period of 2023-24, according to data from energy cargo tracking firm Vortexa.

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1 min  |
January 08, 2025
Financial Express Kolkata

Economists Say Consumption Growth Estimate Optimistic

● Slack in urban demand persisting

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2 minutos  |
January 08, 2025
Financial Express Kolkata

New safety features for heavy vehicles soon

● Minister says need to consider limiting drivers' working hours

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2 minutos  |
January 08, 2025
Financial Express Kolkata

ICC explores two-tier Test cricket system

ICC chief Jay Shah will meet Cricket Australia chair Mike Baird and his England counterpart Richard Thompson to discuss the finer points

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1 min  |
January 07, 2025