Business
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India reviewing impact of US tariffs, ensuring trade stability: Minister
New Delhi: The Indian government is closely analysing the impact of the 25 per cent tariff imposed by the United States on steel and aluminium imports, the Parliament was informed on Monday.…
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Rupee jumps 24 paise to close at 86.81 against US dollar
Mumbai: The rupee appreciated 24 paise to close at 86.81 against the US dollar on Monday on positive domestic equities and weakness of the American currency in the overseas market. Forex traders…
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Impact of US tariffs on India minimal as country diversifies exports kitty: SBI report
New Delhi: The impact of US trade reciprocal tariffs on India will be minimal as the country has diversified its exports kitty, pitched value addition, exploring alternate areas and works on new…
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Indian stock market opens higher, pharma and auto sectors shine
Mumbai: The Indian equity benchmark indices opened higher on Monday amid positive global cues, as buying was seen in the pharma and auto sectors in the early trade. At around 9.32 am,…
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BOK rules out inclusion of bitcoin in foreign exchange reserves
Seoul: The South Korean central bank has called for a “cautious approach” to the idea of including bitcoin as foreign exchange reserves given its price volatility, officials said on Sunday. There have…
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WPI inflation, US Fed rate decision among key market triggers for next week
Mumbai: The market outlook for next week will be guided by global and Indian factors such as India WPI Inflation, Foreign Institutional Investors (FIIs) activity, US Fed interest rate decision, US initial…
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FIIs selling decline in Indian market, to stabilise in next quarter: Experts
New Delhi: FII selling in India continues in early March, but the intensity of selling is slowly declining as valuations are becoming reasonable in the stock market, according to experts. This month…
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18 N-plants planned to generate 13,800 MW: Govt data
New Delhi: The Indian government proposes to build 18 more nuclear power reactors with a cumulative capacity of generating 13,800 MW of electricity and five sites have already been given in-principle approval,…
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Ignore speculation, bank remains strong, RBI assures IndusInd Bank depositors
Mumbai: The Reserve Bank of India (RBI) assured IndusInd Bank depositors of its financial stability following recent speculation about its financial health. The central bank confirmed that the bank remains well-capitalised and…
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Silver ETFs’ AUM surges over Rs 13,500 crore in just 3 years: Report
Mumbai: Silver Exchange-Traded Funds (ETFs) have gained massive investor interest over the past three years, with their assets under management (AUM) crossing Rs 13,500 crore as of January 2025, according to a…
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India’s trade flourished in Q4 2024, defied global risks: UN Report
New Delhi: India’s trade saw strong growth in the last quarter of 2024, according to a new report by the United Nations Conference on Trade and Development (UNCTAD). The report highlights that…
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Seoul shares finish lower amid Trump’s tariff determination
Seoul: South Korean stocks ended lower for the second consecutive session in Friday amid US President Donald Trump’s determination to push forward with his controversial tariff policies. The local currency stayed unchanged…
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India to cross USD 800 billion in exports: Piyush Goyal
New Delhi: India is on the path to cross $800 billion in exports this year with the major share of Services exports, Union Minister of Commerce and Industry, Piyush Goyal, has reiterated.…
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RBI fines JM Financial Products Ltd, Experian Credit Information Company
New Delhi: The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 3.10 lakh on JM Financial Products Limited over non-compliance. The penalty was imposed for not complying with…
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TN budget today amid controversy over rupee symbol removal
Chennai: Tamil Nadu Finance Minister Thangam Thenarasu is set to present the state budget for the financial year 2025-26 on Friday in the Assembly Hall of the Assembly-cum-Secretariat complex at Fort St.…
