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Economy
India’s forex reserves on way to reclaim all-time high of $704.8 billion
New Delhi: India’s foreign exchange reserves have risen to the highest-level since November last year to $686.14 billion, which shows a resilient economy amid global uncertainties.
According to data from the Reserve Bank of India (RBI),…
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‘India Steel 2025’ to deliver roadmap on capitalising international market
New Delhi: The three-day ‘India Steel 2025’ has brought together various stakeholders to discuss the potential, challenges and opportunities in the Indian steel sector and the road-map to capitalise the international market, the Ministry of…
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Sunil Mittal among new members of World Bank Group’s Private Sector Investment Lab
New Delhi: The World Bank Group has announced the launch of the next phase of its Private Sector Investment Lab (PSIL), focused on implementing proven solutions at scale, and its new members include Sunil Bharti Mittal, Founder and…
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Indian stock market opens lower on mixed global cues
Mumbai: The domestic benchmark indices opened lower on Thursday amid mixed global cues, as selling was seen in the auto, metal and realty sectors in the early trade.
At around 9.30 am, Sensex was trading 221.03 points or 0.28 per cent…
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India’s GDP to grow at 6.2 pc despite tariff woes: IMF
New Delhi: Citing trade tensions and uncertainties oozing from ‘Trump-tariff’, International Monetary Fund (IMF) has slashed down growth forecast for global economy by 0.5 per cent for this year to 2.8 per cent, though it expects India’s…
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Gold touches Rs 1 lakh per 10 grams for 1st time
New Delhi: Gold prices reached a historic milestone on Tuesday as the rate of 24-carat gold touched Rs 1,00,000 per 10 grams for the first time ever.
According to the India Bullion and Jewellers Association (IBJA), the price of 24-carat…
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EPFO adds 16.1 lakh members in February as employment rises
New Delhi: The Employees' Provident Fund Organisation (EPFO) on Monday announced a net addition of 16.10 lakh members in February this year. The year-on-year analysis reveals a growth of 3.99 per cent in net payroll additions compared to…
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Gold hits new record high of Rs 96,805, may touch Rs 1 lakh mark soon
New Delhi: Gold prices in India touched a new record high of Rs 96,805 per 10 grams on Monday on the Multi Commodity Exchange (MCX) as rising fears over a global trade war and weakness in the US dollar pushed investors towards the yellow…
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IMF, World Bank see India’s potential as engine of global trade: FM Sitharaman
San Francisco: Finance Minister Nirmala Sitharaman said on Monday that India has become the fastest-growing economy, driven by the "visionary leadership" of Prime Minister Narendra Modi and the stability provided by a continuing government.…
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Private, Govt investment plans in January-March surged to record Rs 18.9 lakh crore
New Delhi: There has been a significant jump in the number of investment projects announced in the January-March quarter of FY25, at Rs 18.9 lakh crore, compared to Rs 19.4 lakh crore worth of projects announced in the first three quarters…
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