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Several states, including Kerala and Maharashtra, are urging the Union finance ministry to ease borrowing limits. These limits now factor in power dues, unspent central funds, and off-budget borrowings, which states argue restrict their financial plans and legitimate borrowing space.
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News and Media
Israel's far-right Finance Minister Bezalel Smotrich said Thursday that Saudi Arabia should "keep riding camels" if it asks for a Palestinian state in exchange for normalising ties with Israel. "If Saudi Arabia tells us normalisation in exchange for a Palestinian state, friends, no thank you", Smotrich said at a conference in Israel.
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News and Media
Indian companies raised Rs 1.7 lakh crore via commercial papers in September, the highest since April, marking a 44% monthly jump despite higher yields. RBI data highlights a structural funding shift toward non-bank sources, with corporates increasingly tapping debt markets for working capital.
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News and Media
Oil prices jumped more than five percent Thursday after US President Donald Trump targeted Russia's key oil industry with new sanctions in a bid to end the war in Ukraine.
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News and Media
Bank of America purchased 5.62 lakh shares worth Rs 13 crore in EPack Prefab Technologies at a 15% premium. The smallcap stock surged 13% after strong Q2 earnings showing over 100% profit growth, robust revenue expansion, and improving margins.
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News and Media
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