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Economy

Singapore picks Chia Der Jiun as next central bank head

Singapore, September 5 (ANI): Singapore named Chia Der Jiun as Managing Director of the Monetary Authority of Singapore (MAS) from January 1, 2024 to...

Jio offers extra data, special benefits as it turns seven

Mumbai (Maharashtra) , September 5 (ANI): As Jio turns seven, the telecom company has come up with some additional benefits for its users in...

IREDA partners with Union Bank of India, Bank of Baroda to co-finance green energy projects

New Delhi , September 5 (ANI): In another step towards accelerating the growth of renewable energy in India, the Indian Renewable Energy Development Agency...

Anticipating “continuity”, Morgan Stanley expects 10 pc rise in Indian stocks till general election

New Delhi , September 5 (ANI): In a bullish outlook for Indian stock markets, Morgan Stanley has said it expects the key indices to...

RBI plans to introduce wholesale CBDC in call money market soon

New Delhi, Sep 5 (PTI) Reserve Bank is planning to extend wholesale Central Bank Digital Currency (CBDC) as token for interbank borrowing or...

Gold falls Rs 150 to Rs 60,300/10 gms; silver tumbles Rs 1,500

New Delhi, Sep 5 (PTI) Gold prices fell by Rs 150 to Rs 60,300 per 10 grams in the national capital on Tuesday...

India services PMI falls marginally but overall remains robust

New Delhi , September 5 (ANI): India's service economy output, as measured by the S&P Global India Services Purchasing Managers’ Index (PMI), fell from...

Indian rupee drops to 83/USD, lowest in about two weeks

By Jaspreet Kalra MUMBAI (Reuters) - The Indian rupee closed weaker on Tuesday as the local unit slipped to the 83 level for the first time in nearly two weeks due to broad weakness in Asian

Indian sugar production concerns drive local prices to 6-year high

By Rajendra Jadhav MUMBAI (Reuters) - Sugar prices in India have jumped by more than 3% in a fortnight to their highest level in six years, traders and industry officials said, as limited rainfall in

Rupee weakens to nearly 2-week low driven by dollar outflows

By Jaspreet Kalra MUMBAI (Reuters) - The Indian rupee closed weaker on Tuesday as the local unit slipped to the 83 level for the first time in nearly two weeks due to broad weakness in Asian

On Camera

Stop targeting Galgotias University students. Focus on politicians instead

Going through their Instagrams and dissecting their ‘statements’ is not the astute political commentary you think it is—it is time for us to back off from targeting 20-year-olds.

High capacity usage, fresh borrowings & new orders — why FY25 could be a big year for pvt investment

Companies are borrowing more from banks and public. Economists say high capacity utilisation & growing new orders could set stage for renewed investment push by India Inc.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.