Economy News

Govt mulls Rs 1-trillion fund to spur local deep-tech

The scheme, to be run for an initial period of five years, may be run by state-run agencies like National Bank for Financing Infrastructure and Development (NaBFID) and National Investment.

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Economy News

Consumer goods firms may test pricing power in FY25

Market research agency Kantar said last week that it saw the domestic FMCG market remaining subdued till the September 2024 quarter, though the tide would turn in the December quarter.

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Economy News

India starts importing pulses from Brazil

The government has held a series of discussions with Brazil and Argentina to source urad and tur dal for meeting the domestic requirement. To diversify import dependence on a few.

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News Stock Market

Oil India announces second interim dividend of Rs 8.50 per share for FY 2023-24

The company announced an equity dividend of 200.00%, translating to Rs 20 per share, leading to a dividend yield of 3.17% based on the prevailing share price of Rs 630.10..

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News Stock Market

Analysis-AI talent war heats up in Europe

By Martin Coulter LONDON (Reuters) – An influx of artificial intelligence (AI) startups is heating up the battle for technical talent in Europe, leaving companies like Google (NASDAQ:GOOGL) DeepMind to.

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News Stock Market

Volkswagen quits Australia auto lobby committee as fight grows over green fuel standards

By Lewis Jackson SYDNEY (Reuters) – Volkswagen (ETR:VOWG_p) Australia said on Monday it had quit the policymaking committee at the country’s auto lobby, days after Tesla (NASDAQ:TSLA) cut ties with.

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Cryptocurrency News

India Moves Forward in Blockchain, AI Research as NPCI and IISc Join Forces

Both these parties together, will work on developing scalable blockchain platforms. A multi-modal analytics platform to oversee fintech data will also be developed. Many Indian educational institutes are conducting R&D.

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Commodities News

Oil prices fall on China demand worries

By Yuka Obayashi and Mohi Narayan TOKYO/NEW DELHI (Reuters) -Oil prices extended last week’s losses on Monday on concern about slow demand in China, although lingering geopolitical risk surrounding the.

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Commodities News

Australian farmers rip out millions of vines amid wine glut

By Peter Hobson GRIFFITH, Australia (Reuters) -Millions of vines are being destroyed in Australia and tens of millions more must be pulled up to rein in overproduction that has crushed.

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Commodities News

Oil marketing companies to absorb LPG price cut, unlikely to be compensated by the government: Report

In the current fiscal, this is the second instance of the government announcing a reduction in LPG prices for households. Public sector oil marketing companies (OMCs) – Bharat Petroleum Corporation,.

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