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Posted in Economy

Rupee being increasingly used for imports and exports: RBI report

Mumbai: Rupee is being increasingly used for import and export invoicing over the years, showed the data compiled by the Reserve Bank of India, which…

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India’s $360 billion infra investments slash logistics cost to 10-10.7% in FY26: CII-Knight Frank

New Delhi: India’s cumulative investments of nearly USD 360 billion in infrastructure development over the last decade has significantly slashed India’s logistics cost to 10-10.7…

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The benchmarks had traded in positive territory for much of the session. (REUTERS File)
Posted in Business

Sensex crashes 1,000 points, Nifty slumps 359 amid sharp sell-off after 3 pm

Indian benchmark indices witnessed a dramatic sell-off in the final hour of trade on Friday, with the BSE Sensex plunging 1,092.06 points to settle at…

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India-Oman CEPA to strengthen energy security, trade resilience and export growth: Report

New Delhi: The India-Oman Comprehensive Economic Partnership Agreement (CEPA), set to come into force from June 1, 2026, is expected to significantly strengthen bilateral trade,…

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RBI’s currency printing cost falls 23.5% in FY26 despite rise in cash circulation

Mumbai: The Reserve Bank of India‘s expenditure on printing currency notes fell 23.5% to Rs 4,875.2 crore in 2025-26 from Rs 6,372.8 crore in the…

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‘Expect trade deal to be signed in next few weeks and months,’ US Envoy to India Sergio Gor

New Delhi: US Ambassador to India Sergio Gor has given a positive signal on the signing of the US-India Trade deal saying he hopes that…

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Fake Rs 500 notes surge 20% as counterfeits rise across banking system

Mumbai: Counterfeit currency detection in India’s banking system rose 5.7% to 2,29,746 pieces in 2025-26 from 2,17,396 pieces in the previous year, with fake Rs…

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RBI to hold rates in June; majority now expect hike by year-end: Poll

The Reserve Bank of India will keep its key interest rate unchanged at 5.25% in June, according to most economists in a Reuters poll, although…

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Govt to roll out social security schemes for gig workers; e-Shram integration deadline set for June 22

New Delhi: The government is moving to roll out social security benefits for gig and platform workers, including accident insurance, health coverage, maternity support and…

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RBI warns prolonged West Asia conflict could hit India’s economy

Mumbai: A prolonged West Asia conflict remains the key downside risk to India’s economic outlook even as the Reserve Bank of India (RBI) projected real…

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