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Business
Exporters Monitor USTR Investigation and Ongoing Trade Discussions
Indian exporters are closely monitoring the US Trade Representative’s investigations and ongoing negotiations for a bilateral trade agreement. They believe these discussions could provide them with a competitive edge over…
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Business
Bank of America CEO Highlights Robust Interest in India Amid Market Volatility
MUMBAI: Interest in India remains strong despite recent market volatility, according to Vikram Sahu, CEO and country executive at Bank of America. He noted that corporate interest is unwavering, with…
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Business
Government Introduces Standardized Framework for District GDP Estimates Based on 2022-23 Data
The Ministry of Statistics and Programme Implementation (MoSPI) has introduced a uniform framework for estimating district-level economic output, using a revised base year of 2022-23. This initiative aims to enhance…
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Business
Rupee Declines 40 Paise to 95.76 Against Dollar Amid Tariff Concerns and Oil Price Pressures
The Indian rupee fell for the second consecutive session on Wednesday, closing down 40 paise at 95.76 against the US dollar. This decline was driven by concerns over proposed US…
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Business
Study Reveals India’s 500 GW Clean Energy Target May Generate 4.4 Million Jobs
India’s ambition to achieve 500 GW of non-fossil fuel capacity by 2030 could lead to the creation of over 4.4 million full-time equivalent (FTE) jobs, with rooftop solar being the…
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Business
RBI Deputy Governor Highlights India’s Economic Resilience Amid Geopolitical Uncertainty
India’s economy has shown resilience amid geopolitical tensions, supply-chain disruptions, and fluctuating commodity prices, according to Reserve Bank of India Deputy Governor Swaminathan J. In a speech at Columbia University’s…
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Business
Parliamentary Panel Explores Grid Stability and Large-Scale Renewable Energy Integration
New Delhi: The parliamentary consultative committee of the Ministry of Power convened on Tuesday to address the challenges of grid stability amid India’s surging electricity demand and the integration of…
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Business
Understanding How Lenders Assess New-to-Credit Customers for Loans and Credit Cards
Getting a first loan or credit card can be challenging for many individuals in India. Lenders often struggle to assess the creditworthiness of new borrowers due to a lack of…
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Business
Government Approves Major Cabinet Decisions for Infrastructure
The Union Cabinet approved a comprehensive package of projects and schemes worth Rs 39,290 crore on Wednesday. This initiative encompasses various sectors, including aviation, highway infrastructure, and transport modernization. The…
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Business
Cabinet Greenlights Rs 5,041 Crore Initiative to Replace Aging Trucks and Buses in Delhi-NCR for Pollution Control
In a significant move to combat vehicular pollution in the National Capital Region, the Union Cabinet has approved a Rs 5,041 crore scheme aimed at replacing older trucks and buses…
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International
Rising Fuel Prices Drive Indian Consumers Towards Electric Vehicles Amid Ongoing Challenges
Are electric vehicles (EVs) finally making their mark in India? Recent data indicates a significant shift in the automotive landscape, with the electric car market experiencing a robust 25% growth…
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International
New Dynamics in the South China Sea: Nations Urged to Secure Resources Amid Rising Tensions
Antelope Reef, a small island in the South China Sea, has recently transformed from an almost entirely submerged landmass into a 6-square-kilometer crescent of white sand, complete with buildings. This…
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Business
US-Iran Conflict: Approval of Rs 10,000 Crore ATF Price Stabilization Fund for OMCs
Amid escalating tensions in the Middle East, the Indian government has established an Aviation Turbine Fuel (ATF) Price Stabilisation Fund to mitigate the impact of soaring fuel prices on airlines…
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International
Tragic Delhi Fire Claims Lives of Foreign Nationals Among 21 Victims
At least 21 people have lost their lives and numerous others have sustained injuries following a devastating fire in a multi-storey building in Malviya Nagar, Delhi. The incident, which occurred…
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Business
Bank of America’s Sahu: Decline in Foreign Investment Reflects a Self-Correcting Cycle
Vikram Sahu, India CEO and Country Executive of Bank of America, recently hosted the bank’s investor conference in India, where participation from foreign institutional investors (FIIs) rose by 20% compared…
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