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Posted in Economy

India to update national accounts base year to 2022–23; new data effective from February 26–27, says Nirmala Sitharaman

India will soon revise the base year used for calculating national accounts, Union Finance Minister Nirmala Sitharaman announced in Parliament on Wednesday. The new base…

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India’s smartphone export to US triples to $1.47 bn in Oct

New Delhi: India’s smartphone exports to the US more than three-fold year-on-year to USD 1.47 billion in October despite global challenges, according to the government…

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Govt to extend social security benefits to 100 core workers by March 2026 as against 94 crore now: Mansukh Mandaviya

The government is eyeing to extend social security coverage to 100 crore workers from 94 crore now by March 2026 on the back of worker-friendly…

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Ola Group Chairman Bhavish Aggarwal. (PTI)
Posted in Business

Ola Group is said to pause non-core foods business amid downturn at Ola Electric| Business News

Ola Group has paused operations of Ola Foods amid a financial quagmire at Ola Electric Mobility Ltd., so much so that the food-delivery option has…

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Guwahati’s massive 6-lane Brahmaputra bridge nears completion; set to cut travel time sharply - The Economic Times Video
Posted in Economy

Guwahati’s massive 6-lane Brahmaputra bridge nears completion; set to cut travel time sharply – The Economic Times Video

A new six-lane bridge over the Brahmaputra in Guwahati is nearing completion, promising to cut travel time between North and South Guwahati from 90 minutes…

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Campa Cola is one of the many FMCG brands of Reliance Retail. (AFP)
Posted in Business

Reliance Retail brings new CEO from outside after a restructuring inside| Business News

Reliance Retail Ventures Ltd. has appointed an external CEO after completion of an internal restructuring, which makes the company a direct subsidiary of Reliance Industries…

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1 USD costs over INR 90: India rupee hits record low. What led the fall today?
Posted in Business

1 USD costs over INR 90: India rupee hits record low. What led the fall today?

Amid the delays of a trade deal between India and the United States, the Indian rupee continues the weaken and reached a record low of…

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The rupee has fallen 5.3% against the US dollar so far this year, putting it on track for its steepest annual decline since 2022. (Reuters)
Posted in Business

Rupee risks steeper fall past 90/Dollar without RBI help, India-US trade deal| Business News

The Indian Rupee fell past 90 per US dollar for the first time on Wednesday, as traders bet that the lack of a India-US trade…

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Policymakers count the costs as rupee breaches 90/dollar barrier: Here is what could be in store for India now

The rupee sank to a record low against the US dollar on December 3, briefly breaching the psychological 90 mark before settling just below it….

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EV tractor startup Moonrider raises $6 million from Pi Ventures, Singularity AMC
Posted in Startups

EV tractor startup Moonrider raises $6 million from Pi Ventures, Singularity AMC

Electric tractor startup Moonrider has raised $6 million in a funding round led by deep tech-focused investment firm Pi Ventures. The round also saw participation…

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