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“Strengthen aspirations of 140 crore Indians”: Rajnath Singh hails India’s 7.7% GDP growth in FY 2025-26

New Delhi: Defence Minister Rajnath Singh on Saturday said that India’s economy grew by 7.7 per cent in the Financial Year 2025-26, with growth accelerating…

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India-US trade deal “75 years overdue”; proposed 12.5% tariff part of talks: USIBC’s Atul Keshap

New Delhi: US-India Business Council President Atul Keshap said he shares Donald Trump’s optimism that India and the US will reach a bilateral trade agreement…

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India defies West Asia war concerns as Q4 GDP growth hits 7.8%; risks remain ahead

New Delhi: India’s economy grew by a better-than-expected 7.8% in the March quarter from a year earlier, belying fears of the West Asia war hurting…

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Central bank turns piper to draw in foreign capital; leaves repo rate at 5.25, keeps stance neutral

Mumbai: The Reserve Bank of India (RBI) Friday announced a host of measures to attract foreign currency inflows, aimed at strengthening external buffers, even as…

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India's forex reserves rise $938 million to $682 billion despite RBI's $5 billion swap
Posted in Economy

India’s forex reserves rise $938 million to $682 billion despite RBI’s $5 billion swap

Mumbai: India’s foreign exchange reserves rose by a modest $938 million to $682 billion in the week ended May 29, despite a $5 billion dollar-rupee…

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FAR expansion, tax relief may boost foreign bond inflows, but risks remain
Posted in Economy

FAR expansion, tax relief may boost foreign bond inflows, but risks remain

Mumbai: The inclusion of additional government securities under the Fully Accessible Route (FAR) and tax exemptions from the government are expected to improve the attractiveness…

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PSUs to get concessional forex swaps to boost external borrowings

Mumbai: Reserve Bank of India (RBI) will unveil a concessional foreign exchange swap facility valid until September 30 to incentivise external commercial borrowings (ECBs) by…

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IT secretary signals stricter govt controls for AI, biometric devices

New Delhi: India will need to expand strategic autonomy and control over hardware connected to artificial intelligence (AI) and biometric authentication systems, electronics and information…

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For a few dollars more: Inflation bypass can hurt

It is a bit of a puzzle for a Monetary Policy Committee with an inflation-targeting mandate to unanimously vote for keeping policy rates and stance…

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India can increase seafood exports to $30 billion in five years: Piyush Goyal

Commerce and industry minister Piyush Goyal Friday said India can boost annual seafood exports 2.5 times to $30 billion over the next five years, while…

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