On January 20, 2025, Bitcoin achieved a significant milestone by crossing the $109,000 mark, hitting a record high just ahead of the inauguration of U.S. President-elect Donald Trump. By 1 pm IST, the world’s most popular cryptocurrency was valued at $108,217.56, marking a surge of 4.50% or $4,661.28 from the previous session, according to Bloomberg…
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New Delhi : Domestic benchmark indices have remained volatile throughout the past week, with concerns over slowing Quarter 3 earnings weighing heavily on investor sentiment. As the Union Budget approaches, market experts are keen to gauge how the stock market will react, particularly given the anticipated global inflation data and domestic economic indicators. Foreign fund…
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New Delhi : The International Monetary Fund (IMF) has reaffirmed its projection of India’s economic growth at a robust 6.5% for the fiscal years 2025-26 (FY26) and 2026-27 (FY27). This forecast, consistent with the IMF’s October 2024 World Economic Outlook update, highlights India’s position as the fastest-growing economy among the world’s largest nations. Despite global…
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New Delhi : India’s electronics export sector has achieved a significant milestone, registering a robust growth of 35.11% in December 2024. Exports rose to a two-year high of $3.58 billion, up from $2.65 billion in December 2023, as reported by the Commerce Ministry. This impressive growth reflects increasing global demand for high-value Indian electronics, coupled…
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New Delhi : Meta Platforms and WhatsApp have filed an appeal against the Rs 213.14 crore penalty imposed on them by the Competition Commission of India (CCI) for alleged abuse of market dominance. The penalty stems from the controversy surrounding WhatsApp’s 2021 privacy policy update, which the CCI argued involved unfair business practices. The National…
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Mumbai, January13, 2025: The Bombay Stock Exchange (BSE) Sensex faced continued pressure for the fourth consecutive session on Monday, shedding 257.72 points to settle at 77,121.19 during the opening session. This decline was part of a broader market trend where selling activity was observed across various sectors. The National Stock Exchange (NSE) also experienced a…
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Kolkata, January 13, 2025: Swiggy has unveiled an exciting collaboration between its newly launched app, SNACC, and the renowned Blue Tokai Coffee Roasters. The SNACC app is designed to provide a seamless experience with quick discovery, fast checkout, and rapid delivery of high-quality, delectable food options. It caters to a variety of customer needs, offering…
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Washington, January11, 2025: Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), issued a warning on Friday about the heightened uncertainty the global economy will face in 2025, primarily due to economic policies, with particular emphasis on the evolving U.S. trade strategy. Georgieva emphasized that the U.S. economy, given its size and influence,…
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New Delhi, January11, 2025: In a bid to advance sustainable energy solutions, NLC India Renewables (NIRL), a wholly-owned subsidiary of NLC India, has entered into a joint venture (JV) agreement with Assam Power Distribution Company Ltd (APDCL). The agreement was signed on Saturday, aiming to bolster renewable energy initiatives in Assam. As per the agreement,…
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New Delhi, January,10 2025: Punjab’s Minister for Industry, Commerce, and Investment Promotion, Tarunpreet Singh Sond, extended an invitation to domestic and international food companies to invest in Punjab. Addressing nearly 40 Managing Directors and CEOs of food sector companies during the 8th Indus Food Fair in Noida, organized in collaboration with the Trade Promotion Council…
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