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  • Australia and India held a 2+2 meeting at Hyderabad house in New Delhi. The meeting was arranged, when these ministers might have come to watch the cricket final. Modi turned it into an opportunity.
  • About Rs 25000 crores will be transferred to the Government of India from SEBI belonging to the Sahara Group.
  • RBI approves Hinduja Group directors on board of bankrupt Reliance Capital.
  • Cipla receives USFDA warning on GMP violations, analyst remain bullish.
  • All the rules and regulations favouring banks are being formulated so that siphoning of banks through loans will not be easy. The RBI is also making rules stricter so that proper provisions are made in advance. The RBI has made giving unsecured loans a little expensive by increasing the set off by 0.25%. Banks will slowly and steadily move towards giving more secured loans.
  • One Web gets regulatory approval to launch satellite broadband services. Bharti Airtel holds stake in One Web.
  • Private equity, Venture capital investments dropped to $ 3.4 billion in October.
  • Promoter holdings in Indian Inc has fallen from 50.5% on December 2022 to 48.1% in Sept 2023. So, floating stock has increased.
  • SEBI chairperson said on last Monday that she was surprised that so many people continued to trade in FO despite knowing that the odds were not in their favour.
  • US has said that it has thwarted a plan by Indian Government agencies to kill separatist leader Pannun in USA. Warned India. No proofs given.
  • Banks have sought for ITR access to vet borrower information.
  • India and the EU have signed a memorandum of understanding on semiconductors that covers co-operation in areas such as research and innovation, talent development, partnerships and exchange of market information.

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