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Govt approves Rs 10,000 crore Startup India Fund of Funds 2.0, key details to know

The Union Cabinet has approved the Startup India Fund of Funds 2.0 (Startup India FoF 2.0) with a total corpus of Rs 10,000 crore to mobilise venture capital for the country’s startup ecosystem.The scheme is aimed at accelerating the next phase of India’s startup growth by mobilising long-term domestic capital, strengthening the venture capital ecosystem…

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Big push for Assam: PM Modi inaugrates Rs 5,450 crore worth projects; IIM Guwahati, Kumar Bhaskar Varma Setu & more

Prime Minister Modi inaugurated a series of major infrastructure projects in Assam on Saturday, aiming to accelerate development across the North-East. The projects, worth more than Rs 5,450 crore include Indian Institute of Management Guwahati, the Kumar Bhaskar Varma Setu, a new fleet of electric buses and the National Data Centre. The move aims to…

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Short-term loan dependence puts Pakistan’s economic stability at risk

Representative image (AI) The economy of Pakistan is in a risky state due to its over-reliance on short-term foreign loans, according to business leaders and economists. Key figures are calling for urgent negotiations with friendly nations to extend loan repayment periods and implement structural reforms, as reported by Express Tribune.Vice chairman of the Pakistan industrial…

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In a first, Brahmaputra ‘rail-road twin tunnel’ gets Cabinet nod to transform North-east connectivity

Union cabinet has approved construction of a 4-lane access-controlled greenfield corridor from Gohpur (NH-15) to Numaligarh (NH-715), including a 15.79-km road-cum-rail underwater tunnel under the Brahmaputra, at a total capital cost of Rs 18,662 crore, the government said.The total project length will be about 33.7 km, and will be implemented on an Engineering, Procurement and…

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