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By Carien du Plessis, Anait Miridzhanian and Bhargav Acharya

green bonds this fiscal year as investors demand higher yields despite their eco-friendly label, said a senior government official. The earlier plans to issue ₹15,000-16,000 crore in green bonds during the second half of FY24 have been put on hold. “Green bonds haven’t provided any benefits yet.

₹50.02 crore, including interest, for not complying with the phased manufacturing programme norms under FAME II. It had claimed subsidies worth ₹44.3 crore. Under the norms, EV manufacturers benefiting from FAME II scheme need to manufacture the vehicles and components indigenously.

MUMBAI : Members of the central bank’s monetary policy committee (MPC) have reaffirmed their commitment to bring down inflation to the 4% target amid a sudden spike in vegetable prices, minutes of the MPC meeting released on Thursday showed. Earlier this month, MPC unanimously voted to keep repo rate unchanged at 6.5% for the third straight meeting. The members, however, did not signal the need for any rate action at this point unless food inflation gets generalized.

MUMBAI : Even as Zee Entertainment Enterprises Ltd (ZEEL) founder Subhash Chandra and his son Punit Goenka await clean chit from the market regulator over financial irregularities in the media house, the company itself is entangled in a series of legal disputes, including tax claims, regulatory filings showed. While Zee Entertainment proceeds with its planned merger with the Indian arm of Japan’s media behemoth Sony Group Corp’s entertainment division, the filings showed that Zee is dealing with at least a dozen lawsuits, involving cases filed by the Income Tax department, the Commissioner of Service Tax, the Director General of GST Intelligence, and several lenders.

British police say two men have been arrested on suspicion of burning down an historic English pub that was famous for its lopsided walls and sagging foundation

A study points to a “substantial” increase in philanthropic funding for journalism over the past five years, particularly to outlets that serve poor and minority communities

Reuters. Putin is famously known as the leader who does not, would not forgive. In a report AFP recollected that when in 2018 Putin was asked if he was able to forgive people's mistakes, Vladimir Putin thought for a split second.

Transparency matters, especially where investor money is concerned. But, not all fund houses are transparent about all their decisions. In March, market regulator Securities and Exchange Board of India (Sebi) shot off a show-cause notice to L&T Mutual Fund, seeking justification for some of its fund management decisions.

Here's what analysts predict for the market: “The US market displayed a positive trend as a declining US PMI reignited hopes for a prolonged rate pause, calming US bond yields. While optimism in the domestic market was apparent in the IT sector, sentiments in other major sectors likely waned due to global uncertainties.

sugar exports for the 2023/24 season once firm estimates of total sugar cane production become available, the government said on Thursday. «Government's priority is to ensure sufficient availability of sugar for consumption, ethanol production and maintaining closing stocks of 6 million tonnes for 2023/24 season,» the Department of Food and Public Distribution said in a statement. Reuters on Wednesday reported that India expected to ban mills from exporting sugar in the next season beginning October, halting shipments for the first time in seven years, as a lack of rain has cut cane yields. India allowed mills to export only 6.1 million tonnes of sugar during the current season to Sept. 30, after letting them sell a record 11.1 million tonnes last season. The world's second-largest sugar exporter last year placed sugar in a restricted category until Oct.

Iran and Saudi Arabia are among six nations that have been invited to join the BRICS bloc of developing economies, along with the United Arab Emirates, Argentina, Egypt and Ethiopia

Public fears and frustrations are being shared in Japan's neighboring countries about the release of treated radioactive wastewater from a crippled nuclear power plant

Donald Trump was barely mentioned in the Fox News Channel debate that he skipped until halfway through

The average long-term U.S. mortgage rate climbed further above 7% this week to its highest level since 2001, another blow to would-be homebuyers grappling with rising home prices and a stubbornly low supply of properties on the market

Japan’s tsunami-wrecked nuclear power plant in Fukushima is releasing its first batch of treated radioactive water into the Pacific Ocean

Sebi has levied a fine of Rs 20 lakh on Star India Market Research for allegedly flouting regulatory norms. Star India Market Research (SIMR) is a Sebi-registered investment adviser. The Securities and Exchange Board of India (Sebi) conducted an examination of SIMR before issuing a show cause notice on July 11, 2023, for alleged violations. In its 52-page order on Wednesday, Sebi found that SIMR charged arbitrary fees from clients, sold multiple products in a short span to the same client and also sold products for overlapping periods. This was done to defraud clients and earn maximum fees, the order said, adding that the noticee did not act honestly, fairly, and diligently in the best interests of its clients, thereby violating the code of conduct of Investment Advisers (IA) regulations. Further, Sebi observed that SIMR induced its clients to trade in the market, contravening the Prohibition of Fraudulent and Unfair Trade Practices (PFUTP) rules. «I note that there were 24 unique complaints pending against the noticee (SIMR).

Reneé Rapp has recalled being bullied while she was a part of the Mean Girls cast on Broadway, and how it led to her quitting the show. The actor, who will now be seen in the film version of Mean Girls, also revealed about her eating disorder. While speaking to The Guardian in a recent interview, Renee Rapp said was body-shamed during her time as ‘Regina George’ on Broadway. She said that on the sets of Mean Girls, people would «say some vile things to me about my body». Renee Rapp went on to reveal that at the same time in her life, she was suffering from an eating disorder. All that led to so much stress that she decided to quit the Broadway Mean Girls show. She wanted to focus on her music.

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