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The data, released as part of the RBI’s monthly bulletin, shows that this trend holds true on a quarterly basis as well. | Photo Credit: T.C.A. Sharad Raghavan While the gross Foreign Direct Investment (FDI) into India grew to a four-year high in June 2025, the net amount contracted more than 50% owing to faster…
Image used for illustration purpose only. | Photo Credit: Reuters Joining the Reliance Industries AGM on Friday (August 29, 2025) virtually, Google’s Sundar Pichai said “India has always been a special place to Google. It is home to some of the world’s most dynamic businesses, a thriving start-up ecosystem, and incredible amounts of creativity and…
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“Despite geopolitical uncertainty, India is on the rise, and India’s rise is unstoppable,” Mukesh Ambani, CMD, Reliance Industries Ltd told shareholders at the company’s AGM on Friday (August 29, 2025). “Today, India already ranks among the world’s top four global economies. Under the determined leadership of our Prime Minister, Narendrabhai Modiji, India’s GDP is growing…
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A view of the newly launched Tata Motors’ all-new 9-seater Tata Winger Plus. Tata Motors has announced the launch of the all-new 9-seater Tata Winger Plus at a price of ₹20.60 lakh (ex-showroom, New Delhi). It is a premium passenger mobility offering designed for staff transportation and the growing travel and tourism segment. “The Winger Plus…
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India’s shrimp export volume is headed to fall 15-18% this fiscal with the U.S. raising tariff to 58.26% with effect from August 27, CRISIL Ratings said in a note. “Realisations would fall, too, even as exporters look to change their product mix and scout for alternative export destinations,” it said “Thus, revenues, which were stagnant…
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Image used for representation purpose only. | Photo Credit: Reuters The rupee depreciated 18 paise to 87.76 against the U.S. dollar in early trade on Friday (August 29, 2025), weighed down by persistent foreign fund outflows and month-end dollar demand. Forex traders said the rupee is under persistent pressure as the weakness from Mr. Trump…
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A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty rebounded in early trade on Friday (August 29, 2025) after two days of sharp decline amid value-buying at lower levels. The 30-share BSE Sensex climbed 197.11 points to 80,277.68 in initial trade. The 50-share NSE Nifty…
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Former RBI Governor Urjit Patel has been appointed as IMF executive director a for a period of three years | Photo Credit: Reuters Former Reserve Bank of India Governor Urjit Patel has been appointed as executive director at the International Monetary Fund, a government statement showed on Friday (August 29, 2025). Mr. Patel has been…
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The story so far: The 50% tariffs imposed by the U.S. on imports from India came into effect on August 27, sending ripples through the Indian economy and the government. Several sectors, many of them labour-intensive, have the U.S. as a major export destination, and many are already seeing a significant dip in demand. The…
Read More “Which sectors are worst hit by U.S. tariffs? | Explained” »