emerging markets

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    Packaging Sector: EPL and Indovida Announce USD 2 Billion Merger

    New Delhi, March 29 EPL Ltd, a global leader in flexible packaging solutions backed by Blackstone, and Indovida India Pvt Ltd, a rigid PET packaging platform, announced a merger deal on Sunday to form a USD 1 billion revenue entity with a combined valuation of USD 2 billion.EPL and Indovida...
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    FPI Outflows Hit Rs 88,180 Cr Amid Middle East Tensions

    New Delhi, March 22 Foreign investors have pulled out approximately USD 9.6 billion (₹88,180 crore) from Indian equities this month, driven by escalating tensions in the Middle East, a weakening rupee, and concerns about the impact of high crude oil prices on India's growth and corporate...
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    India's Affordable Housing Finance Grows with New Capital

    New Delhi, March 19 Shubham Housing Development Finance, a provider of affordable housing finance, has raised USD 96 million (approximately Rs 870 crore) from existing investor LeapFrog Investments and others, including Creador.The transaction strengthens Shubham's future growth with a strong...
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    Debt Trajectory Concerns: US Impact on Global Markets

    Washington, March 12 – The US is heading towards an unsustainable debt trajectory that could trigger global financial shocks, economists have warned lawmakers during a Senate hearing, raising concerns that rising American deficits may push up global interest rates and ripple through emerging...
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    Energy Imports and Emerging Markets Face New Challenges

    New Delhi, March 9 Fitch Ratings said on Monday that the Iran conflict could pose additional challenges for some emerging market sovereigns in areas such as energy imports, remittances, and exchange rates.On February 28, the US and Israel launched military strikes on Iran, who retaliated with...
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    India's Growing GDP: IMF Forecasts 17% Contribution by 2026

    New Delhi, March 6 – India is expected to contribute as much as 17 per cent to global real GDP growth in 2026, as it continues to be the world's fastest-growing major economy, according to the latest data compiled by the IMF.Among the other countries in the IMF's top 10 list, the USA is...
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    LINUS Clog-Defence Pump Range Enhances Wastewater Solutions

    Chennai, February 19 EKKI Water Technologies and Germany-based HOMA Pumpenfabrik GmbH strengthened their partnership on Thursday with the launch of the LINUS Clog-Defence Sewage Pump Range, an official said.EKKI Water Technologies, part of the Coimbatore-based EKKI Group, is a leading...
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    Heineken CEO Highlights India's Importance as Largest Emerging Market

    New Delhi, February 19 India is positioned as a 'critical strategic pillar' in Danish brewing giant Heineken's global portfolio, its Chief Executive Officer Dolf van den Brink has said amid a decline in volumes in recent quarters."India is such a critical strategic pillar for the company now...
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