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Economy
Inflation Projections Benchmarked to Global Crude Prices, Says RBI Governor
New Delhi: Reserve Bank of India Shaktikanta Das on Thursday said the inflation projections were benchmarked to international crude oil prices.
"Our inflation projections are benchmarked to international crude oil prices. We have!-->…
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India’s FY23 GDP growth projected at 7.8%: RBI Guv
Mumbai: India's GDP is expected to grow at 7.8 per cent in FY2022-23, said RBI Governor Shaktikanta Das on Thursday.
In a statement after the Monetary Policy Committee's bi-monthly meet, Das said the real GDP growth is projected at 17.2!-->…
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RBI projects India’s FY23 retail inflation at 4.5%
Mumbai: India's FY23 retail inflation is projected at 4.5 per cent, said Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday.
Besides, inflation projection for 2021-22 is retained at 5.3 per cent, with Q4FY22 at 5.7 per!-->…
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Monetary Support: RBI’s MPC retains rates, accommodative stance
Mumbai: The Reserve Bank of India (RBI) on Thursday retained its key short-term lending rates during the sixth and final monetary policy review of FY22.
Besides, the growth-oriented accommodative stance was retained to give a push to!-->…
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Indian equities extend gains; Sensex rises over 200 pts
New Delhi: India's key benchmark equity indices -- S&P BSE Sensex and NSE Nifty50 -- extended their gains from the previous session and traded on a positive note in early trade on Thursday.
At 10.25 a.m., Sensex traded at 58,669!-->…
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Centre prohibits import of foreign-made drones
New Delhi: The Centre on Wednesday prohibited the import of foreign-made drones, so as to promote the domestic drone manufacturing industry.
As per a Directorate General of Foreign Trade notification, the import prohibition has come!-->…
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Alliance Air flight engine cover falls at Mumbai airport, DGCA probing
Mumbai: In a freak incident, the engine cowl (cover) of an Alliance Air flight from Mumbai to Bhuj fell off this morning and was later found on the Mumbai Airport runway post-takeoff, official sources said on Wednesday.
The incident!-->…
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Nykaa’s consolidated net profits down 58% YoY in Q3FY22
New Delhi: FSN E-Commerce Ventures-backed beauty and wellness e-commerce companyNykaa on Wednesday reported its consolidated net profits of Rs 29 crore during Q3FY22, down 58 per cent on a year-on-year basis.
In the same quarter of the!-->…
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Palm oil rally continues despite several measures to check price rise
New Delhi: Despite several attempts by the Centre to cool off prices, crude palm oil has maintained its strong rally from 2021 and has risen about 10-15 per cent in the current calendar year.
The most-active May contracts on the Bursa!-->…
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Govt plans to open FDI in space sector: Jitendra Singh
New Delhi: Around 75 start-ups have registered under space technology category in the Startup India portal, Union Minister of State Science & Technology Jitendra Singh said. Further the minister added that the government plans to!-->…
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