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IREDA planning to raise Rs 30,000 crore via debt, equity

2024-09-19 04:18:15| The Economic Times

Indian Renewable Energy Development Agency (IREDA) plans to raise 30,000 crore in FY25 through debt and equity. The company, which listed in November 2023, aims to fund part of this through a follow-on public offer by early next year. IREDA seeks to expand its loan book beyond 85,000 crore by the end of the current financial year.


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Dollar rebounds after Fed goes big on rate cut

2024-09-19 03:19:39| The Economic Times

The U.S. dollar rose broadly on Thursday after the Federal Reserve's significant interest rate cut. Despite initial volatility, the dollar rebounded from a one-year low against a basket of currencies. The Fed's move was aimed at sustaining low unemployment amid easing inflation, with further rate cuts expected in the coming years.


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Why hundreds of Samsung workers are protesting in India

2024-09-19 03:10:13| BBC News | Business | World Edition

About 1500 workers in Tamil Nadu state have been striking work for the past 11 days.


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