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As per the revised data, exports dipped 18.76 per cent to USD 34.35 billion in June against a 22 per cent contraction earlier at USD 32.97 billion.
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By Stephanie KellyNEW YORK Oil prices leapt 5% on Friday, with Brent on track for its highest weekly gain since February, as investors priced in th..
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In March, the PMLA rules were amended making it mandatory for banks and financial institutions to record financial transactions of politically exposed persons.
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The brokerage sees credit costs for Indian lenders climb toward “historical averages” as more unsecured retail loans turn sour, with state-run banks more vulnerable to this trend, compared to their private sector counterparts.
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Bond purchases would be incremental and linked to a rise in yields, say at every 3-4 basis points, the treasury head at the state-run bank said.
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Some start-up founders are concerned due to likely delays in technology transfers and business development timelines
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U.S. crude oil stockpiles swelled by about 12.9 million barrels, according to market sources citing American Petroleum Institute figures on Wednesday.
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Defaults by the top two real estate developers to falling property sales to defaulting Trust product issuers provide a glimpse of the issues facing the Chinese real estate sector. The broader fix for the crisis can only be from the government
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Surprisingly, the IMF projects a very modest rise in investment and savings as a percentage of GDP over the next few years
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If plans were implemented to phase down coal to limit global warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit), only 250,000 miners - less than 10 percent of the current workforce - would be required worldwide, the GEM report stated.
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With world trade in a slow lane as indicated by the latest WTO update, India needs to integrate with global value chains quickly
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History suggests that the surge in yields is probably just a detour. But that doesn’t mean it won’t hurt
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Bankman-Fried has pleaded not guilty to charges of stealing billions of dollars in customer funds to prop up his crypto-focused hedge fund, Alameda Research.
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After announcing the rate panel decision, Governor Shaktikanta Das said the RBI will be "actively disinflationary" and "emphatically reiterated".
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E-commerce companies were estimated to have generated a total sale of around Rs 40,000 crore during the first phase of the festive season sales.
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The country’s reserve position with the IMF was also down by USD 18 million to USD 5.002 billion in the reporting week, the central bank data showed.
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The dollar index rose 0.6% to 106.96. Against the yen, the greenback gained 0.7% to 149.46.
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TCS, Infosys earnings, FOMC minutes, inflation, exports-imports, are the key events, data points to track
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Retail inflation jumped to a 15-month high of 7.44 per cent in July, as prices of vegetables and other food items spiked, according to official data.
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The dollar did retrace some of its losses after U.S. factory orders gained 1.2% in August, compared with expectations of a 0.2% rise.
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"With the focused activities of the board, it is expected that turmeric exports will reach USD 1 billion by 2030," a commerce ministry statement said.
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Changes are already happening in the job market. In India, there has been a significant increase in job postings related to AI and Generative AI
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The proposed Digital India Bill can use WEF inputs while considering AI regulation so that least harm is done to human labour
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Siraj Hussain says preliminary assessment of the impact of this monsoon shows that paddy, pulses, oilseeds and sugar cane crops may have been adversely impacted in some regions
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Headquartered in Paris, the merged entity will have Bharti Enterprises as its largest shareholder, with a 21.2 per cent stake.
