Rupee closes stronger, outperforms major Asian peers in January
While the rupee hit a peak of 82.77 earlier in the month, its highest level since September, equity-related outflows and a stronger greenback eroded some of those gains. The Indian
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Stock Market
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Stock Market
Musk seeks Tesla shareholder vote on moving incorporation to Texas
By Shubham Kalia and Maria Ponnezhath (Reuters) -Tesla will hold a shareholder vote to transfer its state of incorporation to Texas from Delaware, CEO Elon Musk said on Thursday, days
Commodities
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Hit by high prices, India’s gold demand lost shine in 2023
In India, the jewellery demand was down 6% to 562.3 tonne compared to 2022. In the December quarter, the fall was sharper by 9% to 199.6 tonne over the December
Commodities
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Govt starts buying tur dal at market price for buffer
During February 15 – April 15, the two agencies are aiming to purchase 0.4 million tonne (MT) of tur for buffer stock under the price stabilisation fund. To ensure that
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Technology
Budget 2024: Tech industry welcomes digital boost, but calls for more reforms
Tech CEOs welcome Budget 2024 digital and sustainability moves, but some say critical support lacking for cybersecurity, clean energy and agritech innovation. The Interim Budget 2024, presented by Union Finance
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Sports
Meet the Indian-origin chess prodigies taking Britain by storm
Eight-year-old Bodhana Sivanandan and 14-year-old Shreyas Royal are making waves. In August last year, British Prime Minister Rishi Sunak, on the verge of announcing a mega financial package for chess
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Sports
‘Sloppy’ ‘Want people more hungry’ ‘When Kohli comes back …’ Kevin Pietersen blasts Shreyas Iyer’s batting in second Test
Iyer made 27 from 59 balls, before under-edging an intended cut to the wicketkeeper off the left-arm spinner Tom Hartley. Former England batsman Kevin Pietersen delivered a stinging criticism of Shreyas
Economy
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India’s factory growth hits four-month high in January on robust demand
Although the final reading was a tad lower than a preliminary estimate of 56.9, it was comfortably above the 50-mark that separates expansion from contraction. It has been above breakeven
Economy
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Interim Budget to provide guidance for inclusive development: Modi
Modi had indicated that the government’s focus would be on four priority groups—women, farmers, poor and youth– if elected again. The interim Budget to be presented in Parliament today will
Economy
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Budget 2024: FM Sitharaman targets reducing fiscal deficit below 4% by FY26
The finance minister revised the fiscal deficit for FY24, setting it at 5.8 per cent of the GDP. Finance Minister Nirmala Sitharaman, during her Budget speech, announced a revision in