PFC turns down $2.4 billion debt to Shapoorji
Power Finance Corporation Ltd denies loan to Shapoorji Pallonji Group, impacting $2.4 billion debt refinancing plans.
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Author: Bloomberg
Rupee falls to record low amid outflows from stocks, bonds
Rupee hits record low as foreign investors sell stocks and bonds, prompting Reserve Bank of India to consider rate cuts.
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Musk calls Italy’s Meloni ‘authentic, honest’ at awards gala
Musk and Meloni have scheduled a closed-door meeting later this month to discuss investment opportunities in Italy’s space and artificial intelligence sectors, say people in the know
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Hong Kong considers rules for AI use in finance
Local regulators are also trying to resolve some of the confusion around AI in Hong Kong, a city that’s caught up in the US-Chinese technology conflict
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RBI Guv Shaktikanta Das signals no policy change despite dip in inflation
RBI Governor Shaktikanta Das signals no rush to cut interest rates despite softening inflation in India.
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