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Auto companies seek govt help for magnet imports

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NEW DELHI: The automobile industry has sought govt support in expediting approvals from the Chinese govt for importing rare earth magnets...

Tata Steel new plant: $1.5-billion electric arc furnace facility to come up at Port Talbot; UK government gives 500 million pounds

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Tata Steel will be beginning the construction of its state-of-the-art electric arc furnace (EAF) facility at Port Talbot, Wales, in July...

Delhi infrastructure project: Centre approves Rs 24,000-crore plan to decongest Delhi; Tunnel to link Mahipalpur to Vasant Kunj

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Delhi chief minister Rekha Gupta on Sunday announced that the Centre had given a green signal to infrastructure projects worth Rs...

RBI repo cut effect: HDFC slashes lending rates by 10 bps; new rates already in effect

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Private sector lender HDFC Bank has reduced its benchmark lending rates following the Reserve Bank of India’s (RBI) unexpected decision on...

Market valuation: Mcap of 9 of 10 most valued firms jumps Rs 1 lakh crore; Reliance leads the way

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Nine of India’s ten most-valued companies collectively added Rs 1,00,850.96 crore to their market capitalisation last week, lifted by broadly positive...

RBI repo reduction effect: Bank of Baroda cuts lending rate to 8.15%; Cheaper loans for homes and cars

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Planning to buy a car or a house? Your loan just got cheaper. Bank of Baroda, one of India’s top public...

‘Unfairly low prices’: India slaps anti-dumping duty on China & Japan for two substances; says harming local producers

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DGTR suggested measures to protect domestic manufacturers from unfair import pricing. (AI image) India has slapped anti-dumping duties on insoluble sulphur imported...

OPEC+ giants ramp up additional oil to India; market share nears 78%; supplied 375,000 bpd to India in May

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NEW DELHI: India's top four oil suppliers and key members of the OPEC+ alliance, Saudi Arabia, Russia, Iraq, and the UAE...

H&M owners quietly buying its shares

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Hennes & Mauritz (H&M), the fast-fashion retailer that's been listed on the Swedish stock market since 1974, is steadily moving back...

Govt appoints RBI DG T Rabi Sankar as 16th Finance Commission member

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NEW DELHI: Reserve Bank of India (RBI) deputy governor T Rabi Sankar was Saturday appointed as a part time member of...

Top table rejig: Rabi Sankar appointed to 16th Finance commission as part-time member; after Ajay Jha’s mid-term exit

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A key change in the 16th Finance Commission lineup was announced on Saturday with RBI Deputy Governor T Rabi Sankar appointed...

Risk-on rally: Defence and microcaps drive May surge in Indian markets; RBI rate cut extends momentum into June

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Indian equities surged in May as defence stocks and microcaps led a broad-based rally, with investor appetite turning decisively risk-on. The...
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