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Posted in Economy

View: Rupee at 100 will be a harsh check on India’s ambitions

Long before the first missiles were fired in the Middle East, the warning signs of a 2013-style capital exodus were visible in the gap between…

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Posted in Startups

Valuations do a quick jump at select startups

A clutch of Indian mid-stage startups are commanding sharp valuation spikes in short timeframes despite overall funding remaining muted, pointing to a narrowing pool of…

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Posted in Economy

Delhi High Court asks CBDT to clarify tax on partners’ bonuses, stays recovery

Mumbai: India’s apex authority has been told by the court to step in amid a flurry of orders across the country demanding tax on bonuses…

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Posted in Economy

Textile exporters urge govt to waive cotton import duty

Pune: Textile and garment exporters have urged the government to remove the 11% import duty on cotton, as a recent surge in domestic prices has…

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Posted in Economy

Tender reforms introduced in infrastructure projects: PWD Minister

New Delhi, The Delhi government has introduced a reform in the tendering process, making the submission of Earnest Money Deposit (EMD) completely online, PWD minister…

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India’s forex reserves drop $10.3 billion to $688 billion amid currency stabilisation efforts
Posted in Economy

India’s forex reserves drop $10.3 billion to $688 billion amid currency stabilisation efforts

Kolkata: India’s foreign exchange reserve has depleted by another $10.288 billion in the week to March 27 as the Reserve Bank of India is said…

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Posted in Economy

Crude sustaining above $100 will push inflation beyond 6%, trigger rate hikes: HSBC

Mumbai, Crude oil sustaining above USD 100 per barrel will push the headline inflation above 6 per cent, the upper level of RBI’s tolerance band,…

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Posted in Economy

Forex reserves drop by $10.29 billion to $688.06 billion as of March 27

Mumbai, India’s forex reserves dropped by USD 10.288 billion to USD 688.058 billion during the week ended March 27, the Reserve Bank of India (RBI)…

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Posted in Economy

RBI’s benchmark issuance strategy to boost transparency, liquidity in SDL market: Experts

Mumbai: The Reserve Bank of India’s Benchmark Issuance Strategy (BIS) for select states is expected to improve transparency and liquidity in the State Development Loan…

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Posted in Economy

China calls for stronger trade cooperation with India after ministerial talks during WTO conference

New Delhi: Union Commerce and Industry Minister Piyush Goyal held a meeting with China’s Commerce Minister Wang Wentao on the sidelines of the World Trade…

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