IPO will give more credibility: Meesho's Aatrey
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GDP grew 8.2% in Q2, fastest in 6 quarters
India's economy surged by 8.2% in the July-September quarter, driven by a strong manufacturing rebound and robust services activity. This marks the fastest expansion in six quarters, with domestic demand fueling production ahead of the festival season. Economists now anticipate full-year growth to exceed 7%, bolstered by pro-growth policies and reforms. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/TgSKben >
Debt roadmap: Adani Group pegs 2030 debt goal at Rs 1 lakh cr; says growth plan won’t hinge on capital raising
The Adani Group aims to reduce its consolidated debt to Rs 1 lakh crore by 2030, focusing on minimizing reliance on fresh capital for its expansion. The conglomerate plans to invest Rs 1.5 lakh crore annually in new assets over the next six years. The group also expressed interest in acquiring distressed Sahara Group assets, provided legal hurdles are resolved. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/icjuHEY >
Ready to compete with Chinese brands, but on level-playing field: Mahindra & Mahindra’s Rajesh Jejurikar
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Income Tax ‘nudge’ for 25k cases of unreported foreign assets, income
The Income Tax Department has launched a fresh campaign targeting individuals with undeclared overseas assets and income. Around 25,000 high-risk cases will be initially contacted via SMS and email. This initiative aims to encourage taxpayers to review and revise their returns by December 31 to avoid significant penalties under the Black Money Act. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/bxpXTgu >
Rate call: ECB signals steady stance; policy minutes hint at openness to cuts next year
The European Central Bank's October meeting minutes indicate interest rates are currently appropriate, with potential for cuts in 2026. While inflation is near the 2% target, concerns about slowing wage growth and eurozone momentum prompt openness to future easing. The ECB remains vigilant about the economy's ability to sustain the target. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/G6vmQts >
'Santa Claus rally': Nifty50 crosses 26,200 mark; BSE Sensex soars above 1,000 points - What's driving the upswing
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