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Happiest Minds appoints Anand Balakrishnan as chief financial officer

Mumbai, June 12 -- The appointment was approved by the board of directors following recommendations from the Audit Committee and the Nomination, Remuneration and Board Governance Committee. Anand Bal... Read More


Sindh govt allocates budget for EV taxis, scooters in FY26

Pakistan, June 12 -- The Sindh government has decided to allocate a significant budget in the upcoming fiscal year 2025-26 for the procurement of additional buses and promotion of electric vehicles, i... Read More


G-sec yields pause after recent rally, inflation data due

Mumbai, June 12 -- Government bond yields paused after approaching near five-week high. Softness in US yields and cautiousness ahead of domestic consumer price inflation due later in the day also weig... Read More


Sensex tumbles over 781 pts; metal shares decline

Mumbai, June 12 -- The key equity indices witnessed major cuts in afternoon trade amid feeble global cues. Investors are currently evaluating the U.S.-China trade agreement while closely observing ris... Read More


Taxmen get overwhelming powers

Pakistan, June 12 -- The federal budget for fiscal year 2025-26 has proposed a significant expansion of the Federal Board of Revenue (FBR) powers, including introducing strict enforcement measures aim... Read More


IKEA to Increase India Sourcing from 30% to 50%

New Delhi, June 12 -- Swedish furniture giant IKEA will increase its sourcing from India to 50 per cent of its global operations, up from the current 30 per cent, announced Benjamin Dausa, Sweden's Mi... Read More


Volumes spurt at RHI Magnesita India Ltd counter

Mumbai, June 12 -- C.E. Info Systems Ltd, Route Mobile Ltd, Tanla Platforms Ltd, ERIS Lifesciences Ltd are among the other stocks to see a surge in volumes on NSE today, 12 June 2025.RHI Magnesita Ind... Read More


Balochistan approves establishment of 'Climate Change Fund'

Pakistan, June 12 -- Balochistan government has approved the establishment of 'Climate Change Fund' to address environmental challenges in the province. The decision, taken under the leadership of Ch... Read More


AI to add 120-130 billion USD to Vietnam's economy by 2040: report

Hanoi, June 12 -- Artificial intelligence (AI) could add 120-130 billion USD to Vietnam's economy by 2040, according to a report released by the National Innovation Centre (NIC) on June 12. The report... Read More


MultiChoice returns to profitability as foreign exchange losses drop

Nigeria, June 12 -- South Africa's cable television operator MultiChoice Group plotted its path back to profitability in the year ended 31 March 2025 after cutting back the foreign exchange translatio... Read More