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Economy
Govt rolls out SPICED scheme to boost spice exports
Kochi: The Spices Board has launched the 'Sustainability in Spice Sector through Progressive, Innovative and Collaborative Interventions for Export Development (SPICED)' scheme for the fiscal year 2025-26 under which financial assistance…
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Indian economy shows resilience despite weak global growth: RBI
New Delhi: The global growth continues to face headwinds with persistent trade frictions, heightened policy uncertainty, and weak consumer sentiment weighing on the outlook. Despite this, the Indian economy is exhibiting resilience even…
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EPFO adds 14.58 lakh net members in March, 7.54 lakh new subscribers
New Delhi: The Employees' Provident Fund Organisation (EPFO) added 14.58 lakh net members in the month of March, and increase of 1.15 per cent in net payroll additions compared to March 2024, it was announced on Wednesday.
EPFO enrolled…
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India’s GDP growth in Q4 FY25 to remain robust around 6.4-6.5 pc: SBI report
New Delhi: Despite weathering effects precipitated by global upheavals, Indian economy stays largely resilient and is projected to clock a GDP growth around 6.4-6.5 per cent in Q4 FY25, an SBI report said on Wednesday.
To estimate GDP…
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Sensex, Nifty open a tad lower amid mixed global cues
Mumbai: The domestic benchmark indices opened lower on Tuesday amid mixed global cues, as selling was seen in the auto, PSU bank and financial service sectors in the early trade.
At around 9.31 am, Sensex was trading 40.79 points or 0.05…
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RBI proposes 10 per cent cap on RE investments in AIFs
Mumbai: The Reserve Bank of India proposes to cap a single regulated entity’s (RE) contribution to any Alternative Investment Funds (AIF) at 10 per cent of its corpus while collectively, a ceiling of 15 per cent will apply for investment…
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FTA likely to double India’s apparel, textile exports to UK: Report
New Delhi: India's apparel and home textiles exports to the UK are expected to double from the current levels in the next 5-6 years, with the bilateral free trade agreement (FTA) scheduled to become operational in calendar year 2026,…
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Indian rupee opens stronger, gold prices show upward trend
New Delhi: The Indian rupee opened 12 paise stronger at 85.44 against the US dollar on Monday, amid a backdrop of global economic developments and market reactions.
The Indian rupee closed at 85.52 a dollar on Friday.
Meanwhile, gold…
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Indian stock market opens flat amid mixed global cues
Mumbai: The domestic benchmark indices opened flat on Monday amid mixed global cues, as selling was seen in the IT sector in the early trade.
At around 9.32 am, Sensex was trading 3.88 points or 0.00 per cent up at 82,326.71 while the…
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UN report sees India as bright spot amid global slowdown
New Delhi: At a time when the global economy is facing what the United Nations calls a "precarious moment", India has emerged as a rare bright spot.
The UN’s mid-year update of the World Economic Situation and Prospects projects India’s…
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