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Indian Economy

Amit Shah Prioritizes Rupee Trade as Top Agenda for New Government

Amit Shah, the Home Minister of India, has emphasized the significance of trade conducted in the Indian rupee, calling it a top priority for the new government. The move to facilitate trade in the national currency has reached its final stages of negotiation with several countries, although matters have been temporarily suspended due to ongoing …

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Indian Cabinet Approves Rs 9,589 Crore FDI in Suven Pharmaceuticals by Cyprus-Based Firm

The Cabinet has given its nod for a foreign investment of approximately Rs 9,589 crore in Suven Pharmaceuticals by Berhyanda Ltd, a company based in Cyprus. This approval pertains to the acquisition of up to 76.1% of Suven Pharmaceuticals’ shares by Berhyanda through the transfer of shares from existing promoter shareholders and public shareholders via …

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