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New Delhi, Dec 6 (IANS) Though average inflation will rise in FY27, the upside will be limited by stable global crude prices, positive impact from GST rate cuts and muted price pressures from excess capacity in China, a report said...
New Delhi, Dec 6 (IANS) As the Reserve Bank of India’s (RBI) monetary policy committee cut the repo rate by 25 basis points to 5.25 per cent, home loan rates are poised to fall to levels last seen during the...
Bengaluru, Dec 6 (IANS) Biopharmaceuticals company Biocon on Saturday announced to fully integrate its biosimilar unit Biocon Biologics as a wholly owned subsidiary in a $5.5 billion deal.The company, in a statement, noted that it will acquire the remaining stake...
New Delhi, Dec 6 (IANS) The government approved an Export Promotion Mission with a total outlay of Rs 25,060 crore for FY 2025‑26 to FY 2030‑31 to consolidate export support and strengthen competitiveness, especially for the MSMEs and labour-intensive sectors.The...
New Delhi, Dec 6 (IANS) India’s public finance management practices have digital public financial management as its cornerstone, which has enabled substantial fiscal savings, allowing more room for growth-enhancing capital expenditure while maintaining fiscal discipline, according to a senior government...
Mumbai, Dec 6 (IANS) Indian equity benchmarks made marginal losses after hitting record highs and three weeks of consecutive gains due to profit booking. However, the market ended the week in a bullish tone after the Reserve Bank of India...
New Delhi, Dec 5 (IANS) The Reserve Bank of India’s (RBI) decision to cut the repo rate by 25 basis points to 5.25 per cent is a timely, confidence‑building measure that will lower borrowing costs, support growth and exports, industry...
New Delhi, Dec 5 (IANS) Indian Railways has deployed an Artificial Intelligence‑enabled intrusion detection system to detect elephants on tracks across route kilometres (RKms) of the Northeast Frontier Railway and prevent collisions, the government said on Friday.Further, Indian Railways has...
New Delhi, Dec 5 (IANS) Russia and India have been long-standing investment and political partners for many years, and now, this relationship is entering a new phase, a technological era, Gleb Borukhov, Managing Director, Realia Capital Group, said on Friday....
New Delhi, Dec 5 (IANS) The sudden closure of Apple’s largest supplier Foxconn's Henyang Hongfujin Precision Industry plant due to the government's erratic policies exposed the “hollow core of China’s industrial economy”, a report said on Friday.The factory that once...
New Delhi, Dec 5 (IANS) The Reserve Bank of India’s decision to cut the repo rate is a move that uses the monetary space created by low inflation to stimulate consumption and strengthen the growth cycle, bankers said on Friday.Sakshi...
Mumbai, Dec 5 (IANS) Indian stock markets ended higher on Friday after the Reserve Bank of India (RBI) cut the repo rate by 25 basis points to 5.25 per cent. The Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra,...
