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ASK Wealth high networth clients make most of opportunity to invest in Blackstone’s private equity fund

Blackstone-backed ASK Asset & Wealth Management recently started offering its ultra-high networth clients the facility to invest in Blackstone’s global private equity fund, and it is attracting high demand from its customers. “We have got more demand than requirement,” Rajesh Saluja, Co-founder, CEO and MD of ASK Private Wealth, told businessline in an interview. ASK...
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Navin Fluorine, Amber Enterprises, and more: Top stocks giving succor to small-cap MFs in current market crash

Domestic equity mutual funds have witnessed significant declines over the past five months, mirroring the downturn in equity markets. Persistent selling by Foreign Institutional Investors (FIIs), rising geopolitical tensions, market valuations, and subdued corporate earnings, has created an environment of uncertainty. This has led to a broad-based correction in equity mutual fund schemes, with some...
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Global Standard joins coalition of international natural fibre stakeholders

Global Standard, the non profit that owns and operates the Global Organic Textile Standard (GOTS), has joined the “Make the Label Count” coalition of international natural fibre producers, manufacturers, brands, standards and environmental groups. In its endeavour to prevent greenwashing and empower consumers to make informed decisions about the clothes and textiles they wear, Global...
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Hindustan Zinc expands partnership with Serentica Renewables to increase renewable energy capacity to 530 MW

Hindustan Zinc Limited, India’s largest zinc producer, announced today the signing of an additional power delivery agreement with Serentica Renewables, increasing its renewable energy capacity to 530 MW from the previously agreed 450 MW. This expansion will cover over 70 per cent of the company’s total power requirements. The shares of Hindustan Zinc Limited closed...
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In a post-Trump world, trade gets special focus in budget; govt opens domestic market for some imported vehicles

As US president Donald Trump threatens to impose reciprocal tariffs on its trading partners, potentially upending global commerce, India has placed a significant emphasis on invigorating manufacturing and exports while also opening up the domestic market. As part of the customs duty rejig, the government lowered import tax on a range of products such as...

Centre sets new five-year target to cut debt to half of GDP; signals robust capital spending, support to states

The Union budget has set a new five-year target to cut the central government’s debt to 50% of gross domestic product, give or take 1%, by 31 March, 2031. The budget, presented by finance minister Nirmala Sitharaman on Saturday, also sought to signal the Narendra Modi administration’s commitment to fiscal prudence and infrastructure creation, including...

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