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Lower entry costs will encourage first-time buyers to consider insurance policies both in life and general plans, and wider adoption and a large customer base is where we see real growth and potential, say industry leaders.
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Between February and June 2025, the weighted average lending rate of scheduled commercial banks fell by 71 basis points for fresh rupee loans, of which 55 bps was directly due to the repo rate cut
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Going ahead, all bids for solar and wind power projects will include a clause for the installation of automatic weather station on the site, the Central Electricity Authority stated in its guidelines.
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The lower coal import for FY25 has also resulted in foreign exchange savings of approximately $7.93 billion or Rs 60,681.67 crore for the fiscal.
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Balanced growth across verticals; structural tailwinds from government, defence and global mobility
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While the state government has proposed an increase in minimum wages, industries are not enthused, saying it could force them to shut down or shift to other states. Trade unions, on the other hand, say the hike is imperative.
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Prime Minister Narendra Modi addressing a rally in Haryana quoted Moneycontrol report that highlighted A-Z price hikes in Karnataka
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On February 24, the government had invited bids to appoint merchant bankers and legal advisers to sell part of the government's holdings in select public sector banks and public financial institutions through SEBI-approved methods, according to the Department of Investment and Public Asset Management's notification.
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With BBMP civic polls ahead and rising public criticism over poor infrastructure, Siddaramaiah has given a thrust on Bengaluru in the budget.
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Industry leaders have largely welcomed the government’s emphasis on domestic manufacturing, customs duty exemptions, and sustainability-focused initiatives.
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Discover the lesser-known source of government income—non-tax revenue! From public sector profits to royalties and fines, this video breaks down how the government generates funds without raising taxes, and how it impacts you and the economy.
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Vijay Sethupathi has appealed to the government to add Tamil as a language option on the PAN card website. Currently, the site offers information only in English and Hindi, creating a barrier for Tamil speakers who are not proficient in those languages, hindering their access to crucial financial details.
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As India’s energy demand is expected to double by 2032, the Union minister highlighted the need of even higher RE financing to meet 50 percent of the expected rise in demand through renewable energy.
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Karnataka Soaps and Detergents Limited (KSDL), which apart from the soap also manufactures detergents, cosmetics and incense sticks, among others, has decided to launch an aggressive marketing strategy to boost revenue.
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The selected consultant will also support the Karnataka Innovation and Technology Society (KITS) in promoting schemes under the Startup Policy and budget announcements.
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The Karnataka government-owned mining company plans feasibility study for four locations: Ajjanahalli in Tumakuru, Wondalli near Raichur and Mangulur in Yadgir, all focused on gold extraction, apart from the Ingaldhal copper site in Chitradurga.
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Thousands of Imran Khan's supporters defied a lockdown in Islamabad on Monday to demand his release from prison. Khan, who has been incarcerated for over a year on charges that his party claims are politically motivated, remains popular among his followers. His wife, Bushra Bibi, urged the public to join the march, calling it crucial for the nation's future. Pakistani authorities had sealed off the capital, deploying shipping containers and blocking roads to prevent the rally. Clashes erupted as protesters threw stones and bricks while police responded with rubber bullets and teargas. The violence escalated, resulting in the death of at least one police officer and injuries to dozens of others. Khan's party accused the government of using excessive force and arrests. The government warned that "extreme" measures, including a curfew or military deployment, could be implemented if protesters tried to reach Parliament.
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The post carries the pay scale of Rs 2,25,000, release said.
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The United Nations refugee agency is urging the Indonesian government to rescue over 100 Rohingya refugees stranded off its western coast. The refugees, who are heavily persecuted in Myanmar, have risked their lives on perilous sea journeys to escape. Currently anchored about four miles off the coast of Aceh, the boat was recently moved closer to shore by a relief vessel. UNHCR protection associate Faisal Rahman emphasized the urgency of ensuring rescue and safe disembarkation for these vulnerable individuals. Reports indicate that at least one refugee has died on board, and five were evacuated for medical care. While many in Aceh sympathize with the Rohingya, there is also local frustration regarding the resources they consume. Indonesia, not a signatory to the UN refugee convention, is calling for neighboring countries to share the responsibility for resettling Rohingya refugees. The situation underscores the ongoing humanitarian crisis faced by this ethnic group.
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The Karnataka government on October 21 dismissed a report projecting a Gross State Domestic Product (GSDP) growth rate of 9.4 percent for Karnataka in 2024-2025, down from 13.1 percent in 2023-2024.
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The Prime Minister's Internship Scheme, which was announced in the Union Budget 2024, will also provide insurance coverage to the interns.
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Samsung's workers have been protesting since September 9, demanding better wages, reduced working hours, and union recognition. The standoff between the company and its workers seems to be denting the Tamil Nadu government’s efforts to promote the state as an industry-friendly destination.
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Piyush Goyal says the start-up ecosystem has become big enough to accommodate these new portals; moots idea of giving control of company to unicorns
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The subsidised onion sale, initially rolled out in Delhi and Mumbai, has now been expanded to other cities, including Chennai, Kolkata, Patna, Ranchi, Bhubaneswar, and Guwahati
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The HCES results also form the basis of revisions in both the Consumer Price Index and the Gross Domestic Product. Moneycontrol had earlier reported that the government will take a call on both indicators by the end of the fiscal.
