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Gold declined sharply after the US-Iran conflict began in late February and has traded in a narrow band in the last few weeks. (Representational image)
Posted in Business

Gold declines as uncertainty surrounds progress in US-Iran talks

Gold was on track for a weekly loss as uncertainty persisted over progress in US-Iran talks to end the war that’s roiled global markets. Gold…

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Posted in Economy

India to surpass China in share of global GDP by 2060: Report

New Delhi: India is expected to surpass China in terms of its share of global GDP measured in purchasing power parity (PPP) by 2060, as…

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Posted in Economy

RBI says it is fully prepared for Anthropic’s frontier AI model Mythos

The Reserve Bank of India (RBI) has said it is fully prepared to deal with Anthropic‘s frontier AI model Mythos even as it awaits final…

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The Union ministry of finance said further reforms have been introduced to make foreign investment in equities and government securities more accessible, efficient and globally competitive. (File Photo)
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Centre eases FPI norms, offers tax relief to attract foreign capital

The central government on Friday announced a series of measures aimed at attracting foreign investments, including easier investment norms for foreign individuals in Indian equities,…

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Strong backing, but light touch: What is the RBI’s rupee playbook?

The rupee gained on Friday, appreciating 50 paise to be at 95.24 against the U.S. dollar after the Reserve Bank of India unveiled a raft…

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Rupee jumps after RBI policy decision, touches 95.24 against US dollar (REUTERS/Francis Mascarenhas/File Photo) (REUTERS)
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Rupee rises 50 paise to 95.24 against US dollar after RBI policy move

The Indian rupee became stronger by 50 paise and reached 95.24 against the US dollar on Friday after the Reserve Bank of India (RBI) announced…

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India’s forex reserves remain adequate, trade pacts, policy reforms to strengthen external sector, says RBI Governor

India’s foreign exchange reserves remain at comfortable levels and are expected to be further aided by a series of trade agreements and policy reforms, RBI…

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A man walks past an installation of the Rupee logo and Indian currency coins outside the Reserve Bank of India (RBI) headquarters in Mumbai (REUTERS)
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Govt makes exemptions in foreign investments to attract dollar inflow

In a bid to attract dollar inflow, the government has scrapped long-term capital gains tax on investments made by foreign institutional investors (FIIs) in government…

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RBI MPC June meet 2026: What’s cheaper and what’s costlier

The Reserve Bank of India on Friday left the repo rate unchanged at 5.25% for the second consecutive policy meeting, as policymakers assessed the impact…

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Sanjay Malhotra, governor of the Reserve Bank of India (RBI) (Bloomberg)
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RBI keeps repo rate unchanged at 5.25%: Governor

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Friday unanimously decided to keep the policy repo rate unchanged at 5.25 per cent,…

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