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Canada faces a 50% plunge in Indian study permits: What this means for the education sector and economy

Canada’s Indian student visa approvals fall by 50% in 2025: IRCC data Canada has recorded a steep decline in the number of Indian international students receiving study permits in 2025. According to data published by the ICEF Monitor, there has been a 50% year-over-year decrease in study permit approvals for Indian nationals.The downturn is part…

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Big boost for food processing sector! Reliance and Coca-Cola bottlers pledge Rs 65,000 cr; boost employment

India’s food processing sector received a major boost on Thursday as Reliance Consumer Products Ltd (RCPL) and three Coca-Cola bottlers announced a combined investment exceeding Rs 65,000 crore, signaling strong corporate confidence in the industry’s growth potential. The commitments were unveiled on the opening day of the World Food India Summit, which is scheduled to…

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IPO rush in India’s pharma sector: Sector eyes Rs 12,000 crore fundraising; 15 companies ready to enter market

India’s pharmaceutical and healthcare industry is preparing for a significant wave of fundraising, with companies expected to raise Rs 12,000-13,000 crore through initial public offerings (IPOs) in the next six to nine months.According to ET, around 15 firms are likely to enter the primary market shortly. The Securities and Exchange Board of India (Sebi) has…

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Big ‘Atmanirbhar Bharat’ push: Cabinet approves Rs 69,725 crore package for shipbuilding and maritime sector; top points

The government has introduced the Shipbuilding Development Scheme (SbDS) with Rs.19,989 crore funding. (AI image) Prime Minister Narendra Modi-led Cabinet on Wednesday announced Rs 69,725 crore reforms in the shipbuilding and maritime development sector.The initiative aims to enhance India’s shipbuilding and maritime infrastructure. This strategic package incorporates four key elements focused on strengthening domestic capabilities,…

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India’s medicine market: Pharma sector grows 8% in August; industry projected to reach $130 billion by 2030

India’s pharmaceutical market grew 8.1% in August as compared with the same month last year, according to data from IQVIA quoted in an HDFC Securities report. The growth follows a 7.1% rise in July and is close to the 8% pace seen through FY25. However, unit sales in August slipped 0.8%.The steady performance was led…

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Adani Power tops India’s private thermal sector: Morgan Stanley report gives ‘overweight’ rating; earnings set to triple by 2033

Adani Power Limited (APL) has established its position as India’s largest private coal-based independent power producer, with a portfolio of 18,150 MW across 12 plants in eight states, according to a Morgan Stanley research report.The company has successfully revived 4,370 MW of stressed assets and is integrating another 2,900 MW, consistently maintaining plant availability above…

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Yes Bank stake sale: SBI seals 13.18% divestment to Japan’s SMBC; largest cross-border deal in banking sector

Yes Bank stake sale: State Bank of India (SBI) has offloaded around 13.18% of its holding in Yes Bank Limited (YBL) to Japan’s Sumitomo Mitsui Banking Corporation (SMBC), marking the completion of a major divestment.SMBC, part of the Sumitomo Mitsui Financial Group (SMFG), is counted among the top foreign banks in India. SMFG itself is…

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