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Posted in Economy

Goodbye VCRs, hello OTT: India’s inflation basket prepares for a reset

India’s inflation gauge is preparing for an overahul, shedding relics of the past as most Indians have made smartphones, streaming and app-based services a part…

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Posted in Economy

IMF raises India’s FY26 growth forecast to 7.3%

The International Monetary Fund (IMF) on Monday raised India’s FY26 growth estimate to 7.3%, from 6.6% projected earlier, citing a better-than expected performance in the…

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According to the NSO first advance estimates of GDP released on January 7, the Indian economy is expected to grow at 7.4% in 2025-26, led by manufacturing, services, and the government’s capital expenditure. (PIXABAY)
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CII seeks infra boost as confidence strengthens| Business News

NEW DELHI: The Confederation of Indian Industry (CII) urged the government to launch a second version of the National Infrastructure Pipeline (NIP) with a corpus of ₹150…

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RBI likely to keep interest rates steady as inflation edges up, Crisil says

New Delhi: The Reserve Bank of India is expected to keep key policy rates unchanged at its upcoming monetary policy review meeting, slated during February…

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The initiative to link BRICS digital currency to potentially bypass the US dollar can irk Donald Trump, who sees BRICS as “anti-American”. (Reuters)
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RBI proposes to link BRICS digital currencies to reduce reliance on US dollar: Report| Business News

The Reserve Bank of India has proposed that BRICS countries link their official digital currencies to make cross-border trade and tourism payments easier, two sources…

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Greenland shock: Europe’s pain proves India read Donald Trump right

The latest escalation in transatlantic tensions over Greenland has exposed a fundamental fragility in US trade commitments under President Donald Trump. Despite having signed trade…

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Budget 2026: India Inc seeks GST-style simplification in customs duty structure

Ahead of the FY27 Union Budget, India Inc is urging the government to introduce a GST-style simplification of the customs duty regime to boost trade…

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IMF raises India’s 2025 growth target to 7.3% while the world shakes off tariff disruptions

IMF India Growth Outlook: The International Monetary Fund (IMF) has upwardly revised India’s growth outlook for 2025 to 7.3%, citing better-than-expected corporate earnings in the…

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Refiners are currently earning gains of approximately  ₹12 per litre on petrol and  ₹10 per litre on diesel after international crude oil prices slumped, especially since it fell under $70 a barrel in August, according to analysts.l (ANI)
Posted in Business

Govt may levy duty to mop up windfall gains of fuel retailers| Business News

NEW DELHI: A sustained low in international oil prices has led to a surge in profits for state-run fuel retailers, prompting the government to consider mopping up…

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Govt permits exports of 5 lakh tonnes of wheat flour

The government has permitted exports of 5 lakh tonnes of wheat flour and related products, according to a notification. This partial lifting of the ban…

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