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US Fed rate cuts will drive growth amidst moderately paced economic activity: PHDCCI

11 Dec 2025 | 8:02 PM

New Delhi, Dec 11 (UNI) Amidst moderately paced economic activity, rising unemployment, elevated inflation level and uncertain economic outlook, the Federal Open Market Committee (FOMC) has decided to lower the target range for the federal funds rate by 0.25 percentage point from 3.75-4 per cent to 3.5-3.75 per cent, a business chamber said on Thursday.

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HUDCO raises Rs 1,905 cr by issuing 7-year bond

11 Dec 2025 | 7:29 PM

New Delhi, Dec 11 (UNI) Housing and Urban Development Corporation Ltd. (HUDCO), a Navratna Central Public Sector Enterprise, has successfully raised Rs 1,905 crore by issuing a seven-year bond at a competitive coupon of 6.98 per cent on the SEBI-mandated electronic bidding platform, the company said on Thursday.

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ED freezes 13 Anil Ambani-linked Reliance Infra Bank accounts seizing Rs 54 82 cr

11 Dec 2025 | 7:09 PM

Mumbai, Dec 11 (UNI) The Enforcement Directorate (ED) has officially announced that it has seized Rs 54.82 crore by freezing 13 bank accounts belonging to Anil Ambani-linked Reliance Infrastructure Ltd (R-Infra), as part of a Foreign Exchange Management Act (FEMA) investigation linked to alleged hawala transactions.

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Market snaps three-day losing streak amid positive global cues

11 Dec 2025 | 7:06 PM

New Delhi, Dec 11 (UNI) The Indian equity indices snapped three-day losing streak with Nifty closing at 25,900 amid positive global cues. This was led by US Federal Reserve's 25-basis-point interest rate cut.

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IFSEC India expo highlights push towards future-ready security and surveillance framework

11 Dec 2025 | 6:27 PM

New Delhi, Dec 11 (UNI) Managing Director of National Informatics Centre Services Incorporated(NICSI) Alok Tiwari on Thursday said that Artificial Intelegence(AI) would soon become the foundation for intelligent public services and mission-critical digital platforms.

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