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'Russia and India's 96% bilateral trade now through Rupee-Rouble payment infra'
Posted in Economy

‘Russia and India’s 96% bilateral trade now through Rupee-Rouble payment infra’

Moscow: Russia and India, the second-largest importer of Russian oil, have built a functioning payments infrastructure using roubles and rupees, which account for 96% of…

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After 35 Yrs, Japan’s JCRA Upgrades India Sovereign Rating to A-
Posted in Economy

After 35 years, Japan’s JCRA upgrades India sovereign rating to A- from BBB+

New Delhi: Japan Credit Rating Agency (JCRA) has upgraded India’s sovereign rating to A- from BBB+, a feat achieved after more than three decades, citing…

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Adobe acquires PeakXV-backed AI startup Rilo to expand marketing automation
Posted in Startups

Adobe acquires PeakXV-backed AI startup Rilo to expand marketing automation

Adobe has acquired Peak XV backed- artificial intelligence startup Rilo, as the US software major looks to expand AI-powered workflow automation for enterprise marketers. The…

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Vinay Kwatra was accompanied by Atul Keshap, president of the US-India Business Council and former US Ambassador to Sri Lanka at the event. (File Photo/PTI)
Posted in Business

Indian envoy to US Vinay Kwatra rings Nasdaq bell, hails economic ties between nations

Indian Ambassador to the United States Vinay Kwatra rang in the opening bell at America’s Nasdaq stock exchange on Wednesday to honour the India-US economic…

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The government said that the change in the estimate of Q1 2025-26 does not represent a downward revision made to make the current year’s growth appear higher as critics have pointed out. (@nsitharamanoffc X)
Posted in Business

‘Base year changed, data revised’: Govt defends 7.8% growth amid GDP rate row, explains new calculation method

The government has clarified that it did not revise down Q1 2025-26 GDP at current prices from ₹86 lakh crore to ₹80 lakh crore to…

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Posted in Economy

India and Canada reaffirm strategic ties, target bilateral trade of CAD 70 billion by 2030

New Delhi: India and Canada held their annual Foreign Office Consultations (FOC) at Hyderabad House on Wednesday, reaffirming their commitment to concluding a Comprehensive Economic…

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Volkswagen CEO Oliver Blume in Munich in 2025.
Posted in Business

Volkswagen Fights Chinese Competition—and Its Own Board—in Battle to Survive

When Volkswagen Chief Executive Oliver Blume took a cost-cutting plan to his board this summer that envisioned a doubling of job losses to 100,000, he…

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Posted in Economy

Roubles and ​rupees: Russia says no more hurdles in payments with India

Moscow: Russia and India, the second-largest importer of ​Russian oil, have built ​a functioning payments infrastructure using roubles and ​rupees, which now account for 96%…

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Posted in Economy

Goyal calls for resilient supply chains, while Gor stresses fair and reciprocal India-US trade

New Delhi: India is in talks with certain countries including the UK and the EU to enhance collaboration and partnerships for processing and development of…

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The provisional data showed that FCNR(B) deposits brought in USD 127.23 billion, while OFCBs contributed USD 5.26 billion and ECBs added USD 3.89 billion. (Representative Image (File Photo/PTI))
Posted in Business

RBI reports $136.38 billion forex inflows under special swap facility as of August 31

Foreign exchange inflows under the Reserve Bank of India’s special USD-INR swap facility reached USD 136.38 billion as of August 31, with Foreign Currency Non-Resident…

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