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JUST announces Tk 985.3cr budget for FY 25-26

Dhaka, June 26 -- Jessore University of Science and Technology (JUST) has announced a budget of Tk 985.3 crore for the fiscal year 2025-26. Of the total amount, Tk 924.3 crore will come from the Unive... Read More


Virgil Bethanie | How Drip Footwear went from success to cautionary tale

South Africa, June 26 -- Drip collapsed under the weight of unsustainable growth and weak internal controls. For South African business owners, this case holds vital lessons: how rapid expansion, with... Read More


Takealot grows revenue to fend off Amazon rivalry

South Africa, June 26 -- Technology investor Naspers said that Takealot Group's revenue rose by 15% in local currency to $872m for the fiscal year ending 31 March. Despite this growth, the group poste... Read More


TBS, SICPA Tanzania partner to enhance standardisation, consumer protection

Dar es Salaam, June 26 -- THE Tanzania Bureau of Standards (TBS) in collaboration with the Zanzibar Bureau of Standards (ZBS), has organised the 72nd General Assembly and Council Meetings of the Afric... Read More


ARREST WARRANT RECALLED FOR FORMER MP SAJIN VASS GUNAWARDENA

Sri Lanka, June 26 -- The Colombo Magistrate's Court today (26) recalled the arrest warrant issued against former MP Sajin Vass Gunawardena. This is over a case related to the alleged evasion of inco... Read More


Welfare Spend Up Rs.2.3 Lakh Cr Over two Years, Raising Fiscal Pressure on States

India, June 26 -- R. Suryamurthy As India gears up for a series of assembly elections, social welfare spending by state governments is projected to remain elevated, reaching approximately 2% of their... Read More


Pakistani-Origin Goods Rerouted via UAE Seized in DRI's 'Operation Deep Manifest'

India, June 26 -- The Directorate of Revenue Intelligence (DRI) has struck a major blow against illegal imports, seizing 39 containers carrying 1,115 metric tonnes of Pakistani-origin goods worth appr... Read More


India launches First Maritime NBFC - Sagarmala Finance Corporation Limited (SMFCL)

India, June 26 -- Union Minister for Ports, Shipping and Waterways, Sarbananda Sonowal, today inaugurated India's first Non-Banking Financial Company-NBFC in the maritime sector, Sagarmala Finance Cor... Read More


RBI Harmonises Project Lending Rules Across Banks, NBFCs, UCBs

India, June 26 -- The Reserve Bank of India (RBI) has issued new "Reserve Bank of India (Project Finance) Directions, 2025," set to take effect on October 1, 2025. These new guidelines aim to strength... Read More


Final Trade June26: Sensex Soars 1,000 Pts, Nifty 25,500; Financials & Metals Lead the Surge

India, June 26 -- BIZ DESK Domestic stock markets roared back into action on Thursday, June 26, as benchmark indices extended their rally, fueled by firm buying in financials and metals amid easing g... Read More