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India's forex reserves rises by $305 million to $654.271 billion

Mumbai, March 24 -- India's forex reserves increased to $654.27 billion in the week ending March 14, 2025, up by $0.305 billion, according to data released by Reserve Bank of India on Friday. Foreign... Read More


Economic Buzz: Japan manufacturing PMI weakens further in March

Mumbai, March 24 -- The manufacturing sector in Japan continued to contract in March, and at a faster pace, the latest survey from Jibun Bank revealed on Monday with a manufacturing PMI score of 48.3.... Read More


Economic Buzz: Australia manufacturing continued to expand in March

Mumbai, March 24 -- The manufacturing sector in Australia continued to expand in March, and at a faster pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 52.... Read More


Wipro completes voluntary de-registration of step-down subsidiary in Australia

Mumbai, March 24 -- Wipro announced that Crowdsprint - Australia, stepdown subsidiary of the company, has been voluntarily de-registered with effect from 21 March 2025. The Company received confirmati... Read More


LTIMindtree receives affirmation in credit ratings for bank facilities

Mumbai, March 24 -- LTIMindtree announced that CRISIL has re-affirmed its ratings on the bank facilities of the Company at 'CRISIL AAA/Stable/CRISIL A1+'. Published by HT Digital Content Services wit... Read More


Cholamandalam Investment & Finance Company appoints Vellayan Subbiah as Executive Chairman

Mumbai, March 24 -- Cholamandalam Investment & Finance Company has appointed Vellayan Subbiah (DIN: 01138759) as a Whole-time Director designated as the Executive Chairman of the Company for a term of... Read More


Government decides to remove export duty on Onions

Mumbai, March 24 -- Union Agriculture and Farmers' Welfare Minister Shivraj Singh Chouhan has stated that the Modi Government is a farmer-friendly government and giving remunerative prices to farmers,... Read More


SEBI to constitute a High Level Committee to undertake a comprehensive review of provisions relating to conflict of interest

Mumbai, March 24 -- The board of the Securities and Exchange Board of India (SEBI) at its meeting held on March 24, 2025 has decided to constitute a High - Level Committee (HLC) to undertake a compreh... Read More


Investments of Category II AIFs in listed debt securities rated A or below will be treated as akin to investments in unlisted securities

Mumbai, March 24 -- The board of the Securities and Exchange Board of India (SEBI) has stated that currently, Category II AIFs are required to hold a majority of their investments in unlisted securiti... Read More


SEBI board raises disclosure threshold for FPIs from Rs 25000 crore to Rs 50000 crore

Mumbai, March 24 -- The board of the Securities and Exchange Board of India (SEBI) has approved increasing the threshold for granular disclosures by foreign portfolio investors (FPIs) to Rs 50,000 cro... Read More