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Equitas Small Finance Bank plans to raise up to Rs 1,750 cr

India, June 25 -- Equitas Small Finance Bank on Wednesday said its board has approved a proposal for raising up to Rs 1,750 crore from a mix of debt and equity to fund business growth. As per the prop... Read More


Torrent Power issues NCDs worth Rs 3,800 crore

India, June 25 -- Torrent Power on Wednesday announced raising Rs 3,800 crore through the issuance of non-convertible debentures (NCDs). The company has issued secured, rated, listed, taxable, non-cum... Read More


13 bars closed in Kinondoni noise crackdown, triggering debate

Tanzania, June 25 -- Dar es Salaam. The Kinondoni Municipal Council has closed 13 bars for violating provisions of the Alcoholic Liquor Licensing Act, 1968, following persistent complaints from reside... Read More


Eala endorses $4.7m supplementary EAC budget

Tanzania, June 25 -- Arusha. The East African Legislative Assembly (Eala) has approved a supplementary budget of about $4.79 million (about Sh12.61 billion) for the 2025/2026 financial year. At the s... Read More


India needs proactive planning to soften the blow of inflation to vulnerable households

New Delhi, June 25 -- Not so long ago, the Indian economy was described by the finance ministry and the central bank as being in a 'Goldilocks' scenario, which is characterized by low inflation and hi... Read More


RBI governor calls rate hike talks premature

Mumbai, June 25 -- Reserve Bank of India (RBI) governor Sanjay Malhotra on Tuesday said it was "premature" to discuss interest rate hikes, pushing back against market expectations of monetary policy t... Read More


PCCB moves to address project management gaps in Singida

SINGIDA, June 25 -- As the Central Government releases funds for the implementation of various development projects in councils across the country, the Prevention and Combating of Corruption Bureau (P... Read More


ed raids in delhi over mundra drug bust case

NEW DELHI, June 25 -- The Enforcement Directorate (ED) on Wednesday carried out raids in Delhi on businessman Harpreet Singh Talwar alias Kabir Talwar and others in connection with the 2021 drug bust ... Read More


ED raids premises of delhi bizman in 2021 Mundra drug bust case

NEW DELHI, June 25 -- The Enforcement Directorate (ED) on Wednesday carried out raids in Delhi on businessman Harpreet Singh Talwar alias Kabir Talwar and others in connection with the 2021 drug bust ... Read More


Oyo govt appeals to striking teachers to reopen schools, approves N8.7bn for learning materials

Nigeria, June 24 -- Governor Seyi Makinde of Oyo State has appealed to the Nigeria Union of Teachers (NUT) to suspend its ongoing strike and reopen public schools across the state, assuring residents ... Read More