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Economy

Indian economy remains largely resilient despite global uncertainties: RBI bulletin

The officials underscored that high-frequency indicators for June signalled steady demand conditions | Photo Credit: DANISH SIDDIQUI The Indian economy remains largely resilient, supported by strong macroeconomic fundamentals, despite global uncertainties, according to the Reserve Bank of India’s latest monthly bulletin. Easing inflation, improving kharif season prospects, front-loading of government expenditure, targeted fiscal measures, and […]

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Economy

Indian household inflation expectations exhibit systematic upward bias: RBI study

Officials noted that demographic factors such as gender, age, and professional background play significant roles in household inflation expectations | Photo Credit: MOORTHY M The inflation expectations of Indian households exhibit systematic upward bias, compared to professionals and businesses even in periods of stable or low inflation, according to a study by RBI officials. Their […]

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Indian Railways ticketing rules: Emergency quota rules tightened; same-day requests barred

This is an Ai-generated image, used for representational purposes only. The Indian Railways has issued a new circular revising its emergency quota (EQ) guidelines, requiring all requests to be submitted at least a day before travel.The move, aimed at ensuring timely chart preparation and avoiding operational delays, follows recent changes in reservation chart timings and […]

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Economy

PM leads top Indian CEOs to the UK with prep on for FTA signing

Prime Minister Narendra Modi emplanes for London, in New Delhi | Photo Credit: PTI A high-powered business delegation comprising CEOs and top officials from companies such as Vedanta, TVS Motors, TCS, Reliance Industries, Piramal group, Essar and Bharti Enterprises is accompanying Prime Minister Narendra Modi to the UK this week.  Modi, who left for the UK […]

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Indian Overseas Bank’s Hong Kong branch fined ₹9cr

Indian Overseas Bank (Image only for representation) CHENNAI: The Hong Kong Monetary Authority has imposed a penalty of HK$8.5 million (Rs 9.3 crore) on Indian Overseas Bank, Hong Kong branch (IOBHK) for contraventions of anti-money laundering and counter-terrorist financing ordinance (AMLO). It has pulled up the lender for “significant failure” to mitigate risks.Apart from IOB, […]

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KredX’s DTX Platform and Canara Bank Partner to Supercharge Digital Trade Finance for Indian Businesses

KredX, India’s leading integrated cash flow and supply chain finance platform, today announced a strategic partnership with Canara Bank, one of India’s prominent public sector banks. This collaboration aims to significantly broaden the reach of digital trade receivable discounting through KredX’s RBI-licensed TReDS platform, Domestic Trade Exchange (DTX), with a specific focus on driving […]

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Thuldrun.Sunya Blends Ancient Indian Mythology with Modern Science, Debuts at #1 Bestseller in the Urban Fantasy Category

Thuldrun.Sunya debuted at #1 in Hot New Releases and Bestsellers in Urban Fantasy. Co-authored by qualitative researcher Sheetal Choksi and technologist Samiran Ghosh (two-thirds of the award-winning 3 Techies Banter podcast), this groundbreaking novel redefines young adult fiction.   What’s in a title? It started with Thorium—element 90. A silvery metal […]

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