AstraZeneca Singapore investment

AstraZeneca’s $1.5 Billion Investment in Singapore: Advancing Cancer Treatment and Boosting Economy

AstraZeneca’s $1.5 Billion Investment in Singapore: Advancing Cancer Treatment AstraZeneca’s Major Investment AstraZeneca, a global biopharmaceutical company, has announced a significant investment of $1.5 billion in Singapore. This investment aims to establish a new manufacturing facility that will primarily focus on producing innovative cancer treatments. The new facility will not only enhance the company’s global…

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SEBI LODR amendments

SEBI LODR Amendments: Enhancing Market Capitalization Computation

SEBI’s Amendments to LODR Regulations: Enhancing Market Capitalization Computation Introduction to SEBI’s Amendments The Securities and Exchange Board of India (SEBI) has introduced significant amendments to the Listing Obligations and Disclosure Requirements (LODR) Regulations. These changes are poised to impact the computation of market capitalization, aligning it with international standards and ensuring greater transparency in…

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India's foreign exchange reserves

India’s Foreign Exchange Reserves Surge by $2.56 Billion to $644.15 Billion

India’s Foreign Exchange Reserves Surge by $2.56 Billion to Reach $644.15 Billion Significant Increase in Reserves India’s foreign exchange reserves saw a substantial increase of $2.56 billion, reaching $644.15 billion for the week ending May 10, 2024. This surge comes after a previous increase of $3.668 billion, marking a positive trend following three consecutive weeks…

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India's April trade performance

India’s April Trade Performance: Exports Increase, Trade Deficit Widens

India’s April Trade Performance: Exports Inch Up, Trade Deficit Widens Overview of India’s April Trade Performance India’s trade performance in April 2024 has shown a mixed bag of results, with a slight increase in exports coupled with a significant widening of the trade deficit. According to the latest data released by the Ministry of Commerce…

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India China economic comparison

India-China Economic Comparison: UN Experts’ Insights on Growth Prospects

India’s Growing Economic Prospects vs China: UN Experts’ Insights Introduction: A Comparative Analysis of Economic Prospects India’s economic trajectory has been a focal point for analysts and policymakers worldwide. Recently, UN experts have provided significant insights into India’s growing economic prospects compared to China. This comparative analysis sheds light on the economic strategies, growth potential,…

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India 2024 economic growth

UN Revises India’s 2024 Economic Growth Projection to Nearly 7%

UN Revises India’s 2024 Economic Growth Projection Upwards to Nearly 7% In a significant development, the United Nations (UN) has revised India’s economic growth projection for the year 2024, foreseeing a substantial upturn to nearly 7%. This upward revision marks a notable shift in the global economic outlook, particularly amidst the challenging landscape of post-pandemic…

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China's industrial output April

China’s Industrial Output Rises 6.7% in April: Boosting Manufacturing Growth

China’s Industrial Output Rises 6.7% in April as Manufacturing Gathers Pace China’s industrial output surged by 6.7% in April, showcasing a significant rebound as manufacturing activities accelerated. This growth rate exceeded analysts’ expectations, indicating a robust recovery in the world’s second-largest economy. The expansion in industrial production signifies a positive momentum in China’s manufacturing sector,…

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India internet economy growth

India’s Internet Economy Growth: $1 Trillion Projection by 2030 – Key Implications and Insights

India’s Internet Economy Poised to Reach $1 Trillion by 2030, Experts Predict The digital landscape in India is on a trajectory of unprecedented growth, with experts forecasting that the country’s internet economy is set to soar to a staggering $1 trillion by the year 2030. This projection comes on the heels of a remarkable surge…

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GST portal machine registration

GST Portal Machine Registration: Curbing Tax Evasion in Pan Masala and Tobacco Industry

GST Portal Implements Machine Registration for Pan Masala and Tobacco Manufacturers to Curb Evasion The Goods and Services Tax (GST) portal has taken a significant step towards curbing tax evasion by implementing machine registration for manufacturers of pan masala and tobacco products. This move aims to streamline the registration process while ensuring better compliance and…

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LIC compliance journey

SEBI Grants LIC 3-Year Extension: Significance & Implications

LIC Granted 3-Year Extension by SEBI to Achieve 10% Public Shareholding The Securities and Exchange Board of India (SEBI) has granted a significant extension to Life Insurance Corporation of India (LIC) to attain a 10% public shareholding within a three-year timeframe. This move comes as a relief to LIC, the country’s largest insurer, as it…

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