Business
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India’s forex reserves jump USD1.49 billion to USD695.11 billion
Mumbai: India’s foreign exchange reserves rose by $1.49 billion to $695.11 billion for the week ended August 15, data released by the RBI on Friday showed. The increase comes on the back…
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Indian stock market opens lower amid mixed global cues
Mumbai: The Indian benchmark indices began the Friday morning session in the red zone, following a week-long rally, amid mixed global cues. The BSE Sensex declined 290 points or 0.35 per cent…
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Russia offers 5 pc discount on crude oil supplies to India amid US tariffs
Amid mounting US tariffs on India, Russia, on Wednesday, August 20, announced that it will supply crude oil at a 5 percent discount. “There will be a 5 percent discount, subject to…
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Indian stock market benefits from long-term growth: Report
Mumbai: The Indian equity markets are benefiting from long-term growth tailwinds but are witnessing short-term valuation risks, a report said on Tuesday. “The domestic stock market is entering FY26 with cyclical headwinds…
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India’s GDP growth projected at 6.7 pc in Q1 FY26: Report
New Delhi: India is expected to clock 6.7 per cent growth in the first quarter of the current fiscal (FY26), outpacing the RBI Monetary Policy Committee’s (MPC’s) recent forecast of 6.5 per…
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Nifty, Sensex open higher amid positive buzz on GST reforms
Mumbai: The Indian benchmark indices on Tuesday opened on a positive note, amid market enthusiasm regarding the upcoming Goods and Services Tax (GST) reforms. Sensex gained 195.01 points or 0.24 per cent…
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US, Bangladesh, UK top list for tourist arrivals in India in last 5 years: Govt
New Delhi: The US, Bangladesh, the UK, Australia and Canada were the top five source countries for Foreign Tourist Arrivals (FTAs) in India in the last five years, according to data shared…
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Sitharaman to attend GoM meeting on Aug 20, explain next-gen GST reforms
New Delhi: Finance Minister Nirmala Sitharaman will attend a crucial meeting of a state ministerial panel on August 20 to put forth the Centre’s proposal for sweeping GST reforms that will slash…
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India is expanding energy infrastructure in quest for self-reliance: Puri
New Delhi: Petroleum and Natural Gas Minister Hardeep Singh Puri said on Sunday that India is powering its quest for energy security with a focus on strengthening and expanding energy infrastructure in…
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Sri Lanka to expand FTA to boost exports, foreign exchange
Colombo: The Sri Lankan government plans to sign more free trade agreements (FTAs) with foreign partners to diversify its export markets and boost foreign exchange earnings, media reports said on Sunday, citing…
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Market outlook: Global events, GST reforms, FII trends to drive Dalal Street
Mumbai: The Indian stock market will take cues from a mix of global and domestic triggers when it reopens for trading this week after the Independence Day holiday. Experts say factors such…
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US team may defer Aug 25 India visit for trade pact talks: Official
New Delhi: A US team, which was scheduled to visit India from August 25, for the next round of negotiations for the proposed bilateral trade agreement is likely to defer the meeting…
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Finance ministry proposes 2-tier GST structure, special rates on select items
New Delhi: The finance ministry on Friday said it has proposed a two-slab GST rate structure to the Group of Ministers (GoM), along with special rates for select few items, as the…
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‘Tariffs on India could go up if…’, warns US Treasury Secretary
New York: United States Treasury Secretary Scott Bessent has warned that the secondary tariffs on India could go up if “things don’t go well” during talks between President Donald Trump and Russian…
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Rupee trades in narrow range against US dollar in early trade
Mumbai: The rupee traded in a narrow range and edged higher by 8 paise to 87.39 against the US dollar in early trade on Thursday, amid a positive trend in domestic equities.…
