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Stubborn inflation, corporate demand for capital and big public debts are squeezing holders of government bonds
Posted in Business

Surging bond yields presage pain—and not just for bond investors

LESS THAN a decade ago the return of high interest rates and bond yields seemed like a fantastical prospect, even to seasoned observers. “Like the…

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Jagdishan, who has led the bank since 2020, is set to step down at the end of his second term in October. (Representative Image (File Photo/Bloomberg))
Posted in Business

HDFC Bank submits two names as RBI set to appoint new CEO

HDFC Bank’s board has submitted two candidates to the Reserve Bank of India for the role of CEO, the lender said on Saturday, formally starting…

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Posted in Economy

Russia imports record fuel from India as Ukraine strikes hit refineries

Russia imported a record 172,000 tonnes of oil products in August, including gasoline refined from Russian crude at a refinery in India that is partly…

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Posted in Economy

Insolvency regulator mulls tighter safeguards for personal guarantee insolvency

India’s insolvency regulator is considering stronger safeguards for insolvency proceedings involving personal guarantors of corporate debtors. Insolvency and Bankruptcy Board of India (IBBI) has sought…

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Posted in Economy

PM Modi, UAE Crown Prince discuss new sovereign fund L’Imad, strategic cooperation; Malaysia ties reviewed

New Delhi: Prime Minister Narendra Modi on Saturday discussed the role that L’Imad, the UAE’s newest sovereign investment fund, could play in further widening the…

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Posted in Economy

US determines anti dumping, countervailing duty on Indian solar cells, panels

New Delhi: The US Friday finalised duties on imports of solar cells and panels from India, Indonesia and Laos under two sets of investigations. It…

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Posted in Economy

US judge rules that Trump plan to halve FEMA workforce violated law

A U.S. judge has ruled that the Trump administration ​broke the law by ordering the Federal Emergency Management Agency to cut its workforce in half….

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Posted in Economy

BRICS leaders oppose ‘punitive, discriminatory’ carbon border taxes

New Delhi: BRICS leaders on Saturday opposed unilateral, punitive and discriminatory measures such as carbon border adjustment mechanisms (CBAMs), saying such steps undermine efforts of…

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Posted in Economy

Gem, jewellery exports rise 3.14% to $2.30 bn in August despite weak demand

Kolkata: India’s gem and jewellery exports rose 3.14% in US dollar terms in August to $2.30 billion, even as high gold prices and weak demand…

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Posted in Economy

BRICS for immediate restoration of fully functioning WTO dispute settlement system

New Delhi, BRICS leaders on Saturday strongly called for the immediate restoration of an effective and fully functioning two-tier, binding WTO (World Trade Organisation) dispute…

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