OMO sales unlikely in Dec-Jan
Market participants did not get much detail about the timing and the scale of OMO sales in the latest monetary policy statement, as the governor merely said the RBI will
Economy
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Economy
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FICCI expects economy to grow at 7.5-8 per cent this fiscal, 8 per cent in 2024-25
Indian economy recorded a growth of 7.8 per cent in the first quarter (April-June 2023-24) and 7.6 per cent in the second quarter (July-September 2023-24). Industry expects the economy to
Economy
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Sparkles for the Indian economy after Diwali
The Diwali month ended with a dhamaka as India’s GDP data for the July-September quarter surpassed the market expectation ceiling and recorded growth of 7.6 per cent YoY. – By
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Stock Market
Tesla to be asked by Nordic pension funds to respect collective bargaining
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – U.S. carmaker Tesla (NASDAQ:TSLA) Inc will be urged to respect collective bargaining for its employees in the Nordic region in a joint letter to
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Stock Market
In 2023, bold EV strategies took a punch from reality
By Joseph White DETROIT (Reuters) – This was the year the auto industry’s race toward an all-electric future took a detour. Heading into 2023, automakers were gearing up to invest
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Stock Market
Nvidia to expand ties with Vietnam, support AI development
HANOI (Reuters) – U.S. chipmaker Nvidia (NASDAQ:NVDA)’s chief executive said on Monday the company will expand its partnership with Vietnam’s top tech firms and support the country in training talent
Commodities
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Agri-commodities exports decline to 17.93 lakh tonnes in Sept: APEDA
Exports of agri-commodities in April and May were around 33 lakh tonnes each. Export of agri-commodities, including basmati rice, declined to 17.93 lakh tonnes in September this year compared to
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COP28 enters crunch time with countries at odds over fossil fuels
By Kate Abnett, Gloria Dickie and David Stanway DUBAI (Reuters) -The COP28 climate negotiations entered crunch time on Monday with countries set for a final summit face-off over whether to
Commodities
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China says tax breaks to stay for over 90% of new energy vehicles
BEIJING (Reuters) – More than 90% of China’s existing new energy vehicle (NEV) models will continue to receive tax breaks on purchases, under new technical requirements unveiled on Monday, China’s
Cryptocurrency
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India’s Concrete Crypto Rules Could Arrive by Mid-2025, Government Official Claims
The government is taking calculative steps towards engaging with Web3 because it is still curious to see its use cases. Crypto trading and holding are not illegal but firms need