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A woman takes a photo with flags, on the second day of the G7 summit, at the Borgo Egnazia resort, in Savelletri, Italy on July 14, 2024. | Photo Credit: Reuters G7 leaders have dropped an explicit commitment to abortion rights in their final statement from a summit, according to a draft seen by AFP…
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Benchmark equity indices Sensex and Nifty hit their new closing lifetime highs on Friday, following buying in market heavyweights HDFC Bank, Reliance Industries and Mahindra & Mahindra amid encouraging export data. However, foreign capital outflows amid lack of fresh triggers capped sharp gains, traders said. Rising for the third straight session, the 30-share BSE Sensex…
Read More “Sensex, Nifty hit fresh lifetime highs on buying in blue-chips HDFC Bank, Reliance” »
South African President Cyril Ramaphosa . File | Photo Credit: REuters The leader of South Africa’s second biggest party says it will back Cyril Ramaphosa for president, almost guaranteeing he will be re-elected for a second term in Parliament later on June 14. Democratic Alliance leader John Steenhuisen says his party has formally signed a…
A man walks across the LED display board showing the logo of Vodafone-Idea. File Photo | Photo Credit: REUTERS Vodafone Group is looking to sell its entire $2.3 billion stake in Indus Towers through stock market block deals next week, two sources with direct knowledge said, as part of the British firm’s effort to repay…
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Former U.S. President Donald Trump and U.S. President Joe Biden. File Photo | Photo Credit: Reuters Donald Trump turns 78 on Friday, a milestone that will remind voters that the two major-party candidates running for U.S. president this year are the oldest ever to seek the office. Age and mental sharpness have been at the…
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The rupee consolidated in a narrow range and settled 2 paise lower at 83.56 (provisional) against U.S. dollar on Friday, as positive domestic markets and a decline in crude oil prices supported the rupee, while strong U.S. Dollar and FII outflows capped sharp gains. Forex traders said rupee was seen resilient against the dollar, on…
Read More “Rupee falls 2 paise to close at 83.56 against U.S. dollar” »
Representational image of the National Stock Exchange (NSE) logo outside the head office | Photo Credit: Reuters National Stock Exchange (NSE) chief Ashishkumar Chauhan on Friday cautioned retail investors against trading in derivatives and suggested them to invest in equities through mutual fund route. He emphasized that trading in Futures & Options (F&O) derivatives should…
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Colruyt Group India Managing Director Hari Subramanian | Photo Credit: Arrangement Colruyt Group India has committed ₹15 crore investment in SEBI-registered AIF Pavestone Technology Fund that is targetting a corpus of ₹900 crore. This is the company’s second investment and the first investment was in pi Ventures in 2023. The company is a part of the…
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File picture of the International Atomic Energy Agency flag at the organisation’s headquarters in Vienna, Austria | Photo Credit: AP Iran has started up new cascades of advanced centrifuges and plans to install others in the coming weeks after facing criticism over its nuclear programme, the United Nations’ atomic watchdog said Friday. The U.S. called…
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The textile sector grew 9.8% in May, after months of sluggishness. File | Photo Credit: M. Periasamy India’s goods exports grew 9.1% to $38.13 billion in May, while imports rose 7.7% to $61.91 billion, Commerce Secretary Sunil Barthwal said on Friday, stressing that things are looking “more optimistic for foreign trade this year”. Even the…
Read More “Exports grew 9%, but trade gap widened to 7-month high in May” »