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Bloomberg Quint
1w
63
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Coal India Payment To Government Exchequer Falls 4.7% To Rs 5,832.69 Crore In March
- The payment made by state-owned Coal India Ltd to the government exchequer dropped by 4.7% to Rs 5,832.69 crore last month over the year-ago period.
- Coal India Ltd had paid Rs 6,126.42 crore to the central and state exchequer in March Fiscal 2024.
- Of the total Rs 60,959.52 crore paid to the government exchequer in 2024-25, maximum amount of Rs 14,047.44 crore went to Jharkhand, followed by Rs 12,979.20 crore to Odisha, Rs 11,351.84 crore to Madhya Pradesh and Rs 11,303.76 crore to Chhattisgarh.
- Coal India produced 781.1 MT of coal in 2024-25, nearly 7% less than the company's target for the financial year.
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Bloomberg Quint
1w
353
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Taking A Personal Loan? Here's How To Get The Best Interest Rate
- A personal loan is a quick and convenient way to get funds without needing collateral.
- To qualify for the best interest rates, work on improving your credit score.
- Compare offers from multiple lenders to find the most competitive interest rate and terms.
- Take advantage of pre-approved offers, seasonal offers, and consider having a co-applicant to increase your chances of getting a lower interest rate.
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Bloomberg Quint
1w
170
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Trump-Tariff Impact: Tata Steel's Exposure To US Low, Says CFO
- Tata Steel's India operations and deliveries had no direct sales exposure to US amid worries over the impact of Donald Trump's tariff policies.
- The company's US volume exposure stands at 1,000–2,000 tonnes of duct and galvanized wires and at 10,000–15,000 tonnes in select specialty steel products.
- The aggregate volume exposure to the US stands below 0.1% of deliveries in the last financial year.
- Tata Steel Netherlands operations have downstream subsidiaries in the US and also have a modest exposure to the world's largest economy.
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Bloomberg Quint
1w
337
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Government Plans To Nudge Mutual Funds Towards PSUs, Seek Fair Dividends From Private Sector
- The government plans to nudge mutual funds to increase exposure in central public sector enterprises in their investor portfolios.
- Additionally, the government may push private listed companies to offer fair dividends to minority shareholders.
- DIPAM officials are expected to meet with mutual funds in Mumbai next week, as they believe fund managers are not doing enough to guide small investors.
- Chawla highlighted the value creation strategy of PSUs and the positive results it has yielded.
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Bloomberg Quint
1w
132
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Home Loan Interest Rates 2025: A Quick Guide To Top Bank Offers
- Buying a home is one of the biggest financial decisions you'll ever make. One of the most important things to compare before applying for a home loan is the interest rate and processing fees charged by different banks.
- Here’s a look at the home loan interest rates and processing charges offered by top banks in India in 2025: State Bank of India: 8.25% per annum, processing fee 0.35% of loan amount plus GST. HDFC Bank: 8.75% per annum, processing fee up to 0.50% or Rs 3,000 plus taxes. Axis Bank: 8.75% per annum, processing fee up to 1% of loan amount or minimum of Rs 10,000 plus GST. Kotak Mahindra Bank: 8.65% per annum, processing fee 0.5% of loan amount plus taxes.
- If you’re planning to take a home loan in 2025, it’s important to compare both the interest rates and the processing fees. You need to consider the total cost before making a final decision.
- Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit.
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Bloomberg Quint
1w
63
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RBI Issues Harmonised Draft Guidelines On Gold Loan Lenders
- The Reserve Bank of India (RBI) has issued comprehensive draft guidelines on gold loans.
- LTV cap of 75% will apply to all gold loans sanctioned by non-banking financial companies.
- Proper charge shall be created on security for income-generating loans in addition to the pledge or charge on gold collateral.
- RBI aims to harmonize guidelines on gold loans and improve risk management in the sector.
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Bloomberg Quint
1w
157
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Trade War: China Raises Tariffs On US Goods To 84%
- China retaliates against the US by raising tariffs on American goods to 84%.
- The move comes in response to the US imposing cumulative tariffs of up to 104% on China.
- In addition to increased tariffs, China adds six US firms to its unreliable list and 12 US entities to an export control list.
- China asserts that it will take resolute and forceful measures to protect its sovereignty, security, and development interests.
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Global Fintech Series
1w
196
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Luzern Risk Secures $12M Series A to Pioneer End-to-End Captive Insurance Platform
- Luzern Risk secures $12 million in Series A funding to pioneer an end-to-end captive insurance platform.
- Luzern Risk aims to modernize captive insurance for the middle market by providing a fully integrated digital captive solution.
- The platform replaces the complex captive formation process with a user-friendly, all-in-one platform that streamlines decision-making and tailors solutions to the unique needs of each client.
- Luzern Risk's disruptive strategy is based on its proprietary platform, featuring modern user interface, agentic AI, full API compatibility, and suite of automations.
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Bloomberg Quint
1w
230
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Speciality Chemicals Q4 Results Preview: ICICI Securities Expect Fewer EPS Downgrades
- Ebitda, on a low base, should grow 33% YoY/23.4% QoQ with SRF, Navin Fluorine, Gujarat Fluorochemical, Archean and BlueJet likely outperforming
- Navin Fluorine’s Ebitda to grow 63.6% YoY aided by stronger showing across segments
- Gujarat Fluorochemicals’ Ebitda may grow 42.8% YoY with higher volumes in fluoropolymers
- SRF’s Ebitda may rise 37.3% YoY due to strong growth in specialty chemicals/ref-gas; packaging films Ebit to help given the spurt in spreads
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Medium
1w
264
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Why VCs love late stage projects – and Why MENA plays by a different rulebook?
- VCs are increasingly focusing on late-stage investments due to global market conditions and risk management.
- Late-stage VC is about de-risked growth, targeting companies with proven product-market fit, revenue, lower risk, and potential liquidity through IPO or acquisition.
- In MENA (Middle East and North Africa), the investing culture blends venture, private equity, and family capital, with a focus on wealth preservation and strategic interests.
- MENA investors value relationships and trust, with capital often flowing towards established businesses and pre-IPO investments in growth-stage companies.
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Bloomberg Quint
1w
76
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Brent Crude Falls Below $60 Per Barrel, Plunges Nearly 5% Amid Cloud Over Global Demand
- Futures of Brent, the global crude oil benchmark, plunged nearly 5% during the trading session on Wednesday, pushing its value below $60 per barrel.
- Since the announcement of reciprocal tariffs by US President Donald Trump, international oil prices have slumped over the past week, falling by over 19%.
- The tariffs have raised concerns of a US recession and impacted global demand. China, the biggest importer of crude oil, has been hit with cumulative tariffs of 104%.
- Goldman Sachs predicts that Brent crude prices could decline to $55 per barrel by December 2026 if the US avoids a recession.
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Bloomberg Quint
1w
208
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HPE Offers New Virtual Private Cloud, On-Premise Options For AI-Powered Networking Solution
- Hewlett Packard Enterprise has expanded HPE Aruba Networking Central, its artificial intelligence-powered network management solution, with new deployment options.
- The new options include a virtual-private-cloud environment for enterprises that need cloud agility with data security, control, or regulatory requirements, and an on-premises option for disconnected operations.
- HPE Aruba Networking Central On-Premises for the government provides FIPS 140-2 certified server hardware for enhanced security.
- Other innovations include always-on, automated network AIOps capability, full-stack network observability, and data lake telemetry for improved monitoring solutions.
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Global Fintech Series
1w
98
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Protecting Private Equity Firms in a Complex Threat Landscape
- Private equity firms are prime targets for cybercriminals due to valuable client data and complex networks.
- Navigating cyber risks is crucial for private equity firms to protect investments and reputation.
- A single cyber breach can have cascading negative effects on a firm's performance and investments.
- Understanding cyber adversaries and investing in cybersecurity is key for private equity firms.
- Cybersecurity infrastructure is crucial for enhancing a company's value and preventing breaches.
- Successful cyberattacks can lead to financial loss, collapsed deals, and reputational damage.
- Private equity firms are increasingly targeted by cyber incidents during deal closure and acquisitions.
- Sophisticated cyber threats like BEC attacks pose significant risks to private equity firms.
- Proactive cybersecurity measures are essential for safeguarding private equity investments and operations.
- Firms must prioritize cybersecurity across their portfolio companies to mitigate cyber risks throughout the investment cycle.
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Bloomberg Quint
1w
409
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Rupee Closes At Four-Week Low Against US Dollar
- The rupee weakened by 45 paise to close at Rs 86.70 against the greenback.
- This marks the local currency’s lowest closing level since March 17.
- Intraday, it dropped as much as 47 paise to 86.72 a dollar.
- The RBI’s repo rate cut and shift to an accommodative stance signal easier borrowing conditions, potentially weakening the rupee.
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Bloomberg Quint
1w
99
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Juice Jacking Trends On X After Assam CM Himanta Biswa Sarma's Post On Flight Passenger
- Assam Chief Minister Himanta Biswa Sarma sought help on social media to find a fellow flight passenger who lent him a charger and cable during a journey.
- The passenger disembarked in Dubai while Sarma was asleep and he couldn't return the items.
- Social media users expressed concerns about 'juice jacking', which refers to the risk of malicious tampering with charging stations to infect devices connected to tampered USB ports.
- The netizens advised Sarma to get his device checked and raised concerns about the security of his data.
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