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Prices of essentials unlikely to rise during festive season: Centre

The Food Secretary said the Centre is thinking of lifting the export ban on certain varieties of non-basmati rice




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India's logistics cost will reduce to single-digit in 5 years: Gadkari




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‘India not an ‘abuser’ of tariffs, Trump’s claims unfair,’ says think tank GTRI

The numbers demonstrate that the U.S. also protects specific products of its economy with high tariffs, GTRI said in a report.




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Is the spike in India’s trade deficit a worry?

What are the sectors in which exports have dropped? Is there any significant risk at this point?




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The racial divide in South Africa’s economy since the end of apartheid

South Africa has struggled for years with low economic growth and high unemployment. The official unemployment rate was 33.5% in April-June of this year.




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ADB retains India's growth forecast at 7%; govt spending, agriculture to boost economy

The Indian economy grew 8.2% in the last fiscal (2023-24)




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India, Australia push forward on CECA talks




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Mcap of 8 of top-10 most valued firms surges ₹1.21 lakh crore; Reliance biggest winner

The market valuation of Reliance Industries jumped ₹53,652.92 crore to ₹20,65,197.60 crore




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India’s current account deficit in Q1 FY25 widens to $9.7 billion

The current account surplus for Q4:2023-24 was revised downwards to $ 4.6 billion from US$ 5.7 billion earlier due to an upward adjustment of customs data on merchandise imports, the RBI said.




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Gold cools, oil surges amid escalating tensions in West Asia




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India, U.S. exploring combined engagement with third countries to source minerals: Piyush Goyal

Piyush Goyal said that critical minerals figured in his official parleys with U.S. Commerce Secretary Gina Raimondo on Thursday.




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India to see steepest rise in living standard of common man in coming decades: FM Nirmala Sitharaman

Addressing the 3rd edition of Kautiliya Economic Conclave here, the Minister said, India's critical economic performance in the recent decade was underscored by its leapfrog from the 10th to the fifth largest economy in five years.




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India plays crucial geopolitical role from American standpoint: USISPF president Mukesh Aghi

“The economic growth story of India is tremendous. India is among very few large economies which are growing 7-8%,” Mukesh Aghi said




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Can India escape middle-income trap?

How does the World Bank define the threshold for middle-income economies? Why is state intervention considered crucial for breaking the middle-income trap? What lessons can be drawn from South Korea and Chile? What challenges does India face in balancing state intervention with democratic values?




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India’s forex kitty drops by $3.71 billion to $701.176 billion

In the previous reporting week, the reserves had jumped by $12.588 billion to an all-time high of $704.885 billion.




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Indian conglomerates to spend $800 billion in new projects in 10 years: S&P Global Ratings’ report 

“The Vedanta, Tata, Adani, Reliance and JSW groups alone are prepping about $350 billion of investment in these sectors over the next decade,” Neel Gopalakrishnan of S&P Global Ratings said




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India’s logistics cost will come down to single-digit percentage in two years: Gadkari

According to quick estimates of the economic think tank National Council of Applied Economic Research (NCAER), logistics costs in India ranged between 7.8% to 8.9% of GDP for the fiscal 2021-22




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'India's growth rate among the shiniest parts of the world economy': Ajay Banga

A lot of that growth is in India, is driven by the domestic market as well, which actually is a healthy sign, in some ways, says World Bank president Ajay Banga




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RBI maintains tight vigil on financial market and takes action when necessary, says RBI Governor Shaktikanta Das

The RBI Governor said that the central bank does not act like a policeman.




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India well positioned to capitalise on new growth opportunities: Nirmala Sitharaman

Nirmala Sitharaman said that India is looking towards boosting domestic capacities, and building resilience against external shocks




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IMF maintains India’s growth projection at 7% for FY25

The growth rate projection is 6.5% in the next fiscal year (FY2025-26)




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India scraps export tax on parboiled rice to boost exports

Bigger rice shipments from India would beef up overall global supplies and soften international prices




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India wouldn't be fastest-growing economy if people hadn't utilized digital infrastructure: Nirmala Sitharaman

Nirmala Sitharaman highlighted that providing free digital access to the public, coupled with extensive campaigns and awareness programs in local languages, helped people across the country embrace technology




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FPIs withdraw ₹85,790 crore from Indian equities in October on attractive Chinese market valuations

Since June, foreign portfolio investors (FPIs) have consistently bought equities after withdrawing ₹34,252 crore in April-May




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Jet fuel sees 3.3% hike; commercial LPG rates rise by ₹62

This is the fourth straight monthly hike in commercial LPG prices; Commercial LPG now costs ₹1,754.50 per 19-kg cylinder in Mumbai, ₹1,911.50 in Kolkata and ₹1,964.50 in Chennai




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FPIs withdraw record ₹94,000 crore from Indian equities in October on attractive Chinese valuations

Foreign portfolio investors withdrew ₹94,000 crore from Indian stock market in October due to high valuations, shifting focus to Chinese stocks




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India’s manufacturing growth accelerates in October: PMI

Cost pressures spiked to a three-month high, new export orders accelerate from 18-month low growth in September




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Indian service providers signal robust growth in October on strong demand conditions

India’s services PMI rebounds to 58.5 in October, driven by strong output, new business, and job creation, signaling economic growth




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What happens to Indian firms on U.S. blacklist?

Were they sanctioned for supply and sales to Russia? Will things be different under the Trump administration?




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Rupee may depreciate 8-10% during Trump 2.0, says SBI report

Forex traders said the rupee is likely to remain under pressure unless there is a softening in the dollar index or a slowdown in foreign fund outflows




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Parliament proceedings | Three more MPs suspended, total at 146 as Opposition’s protest over mass suspension continues

Union Parliamentary Affairs Minister Pralhad Joshi moved a resolution to suspend MPs Nakul Nath, Deepak Baij and D.K. Suresh for misconduct and storming the Well in the Lower House




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IIT Madras unveils plans to transform India into a global chess powerhouse

The initiative is aimed at enhancing fan engagement, providing solutions for federations to flag cheating and chess training programmes to further grow the sports at the grassroots level




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‘Rajaram – DCM Shriram Scholarship’ launched at DialogueNEXT conference

It is aimed at fostering the next generation of agricultural scientists




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MAHE’s first V-C Valiathan no more

Instrumental in establishing the Sree Chitra Tirunal Institute for Medical Sciences and Technology




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Edtech giant Byju’s challenges insolvency proceedings in NCLAT

Byju’s remains solvent with plans to settle ₹158 crore dispute




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NCLAT Chennai judicial member recuses himself from hearing Byju’s plea

Justice Sharad Kumar Sharma of NCLAT Chennai bench recuses himself as The Judge says he had been counsel for the BCCI




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Budget 2024: 15x customs duty hike on lab chemicals provokes outcry from academicians

While the duty hike aims to curb smuggling and misclassification, it threatens to raise costs for research labs and biotech firms




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Nemetschek India and ICT Academy sign MoU to boost digital transformation in education

The partnership aims to upskill students and professionals for the AEC industry through workshops, seminars, and certifications




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ISB, Chanakya National Law University team up to offer social, emotional learning skills

Credit-based programme to integrate interpersonal, intrapersonal skills in legal education curriculum




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Byju’s auditor BDO resigns amid financial and governance concerns

The resignation comes amid reported issues with financial reporting and governance, raising questions about the firm’s financial transparency and management support




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Lam Research joins hands with 20 Indian universities to foster semiconductor talent

Universities to use the Semiverse Solutions virtual innovation infrastructure to train engineers for the semiconductor industry




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India’s first temple management diploma blends tradition and technology

Launched at the University of Mumbai and Welingkar Institute, the six-month course aims to revolutionise how sacred spaces are run




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Rhodes Trust announces sixth scholarship for India

Our current goal is to increase the number to 10, and then to 25, says Elizabeth Kiss, CEO, Rhodes Trust




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Glasses for Indian students with poor vision could unlock ₹156 billion annually, says study 

“If these children were to get glasses, India would stand to gain nearly 1.2 million years of schooling every year, amounting to a future economic productivity boost of ₹156 billion”




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ISB ranks 40 globally on Financial Times’ Executive MBA Ranking 2024

As part of the ranking, ISB was globally ranked eighth in Alumni Network, seventh in ‘Salary Today’, and 19 in ‘Percentage of Salary Increase’, among other parameters




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Megha Engineering to build Young India Skills University in Hyderabad with ₹200 crore under CSR

The Chief Minister performed ‘Bhumi Puja’ for the construction of the Skill University on 57 acres of land near Meerkhanpet in Kandukur mandal in August this year




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NITK creates Professorial Chair with ₹6-crore grant from Hutti Gold Mines

The Chair is expected to advance research and development at NITK, fostering innovative solutions to industry-specific issues




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Australian curriculum debuts in India, targets 10 schools by next academic year

This K-12 curriculum, which emphasises balanced assessment with a 50 per cent school-based evaluation and 50 per cent external exam split, has been piloted in a school in Punjab to adapt it for Indian students 




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Squandermania

Why FDI is bad for us youngsters…




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Campus chat: Facebook diaries

These are times when democracy is being redefined by repeated State assaults and unfailing surges of retaliation by its people on a medium that is in constant flux. Six students from Jenneys Academy of Hotel Management discuss the arrest of the ‘Facebook women’ in Mumbai and its fundamental democratic violation