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India's forex reserves continue to fall, kitty now stands 10% below peak
Updated : 1 year, 4 months ago IST
In the week that ended December 27, the country's foreign exchange kitty declined by USD 4.112 billion to USD 640.279 billion, data from the Reserve Bank of India (RBI) showed.
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US plans $8 billion weapons sale to Israel: Report
Updated : 1 year, 4 months ago IST
The US State Department on Friday informed Congress of its plan to approve USD 8 billion worth of arms sales to Israel, according to the department's office overseeing weapons transfers, the New York Times reported.
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Textile Ministry aims for USD 300 billion market and 6 crore jobs by 2030:
Updated : 1 year, 4 months ago IST
Union Minister of Textiles Giriraj Singh stated that the textile ministry is committed to helping the industry to reach the market size of USD 300 billion in year 2030 and provide employment to 6 crore persons in textile value chain, the Ministry stated in a release on Sunday.
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Pakistan: PTI condemns internet 'throttling,' cites economic fallout
Updated : 1 year, 4 months ago IST
Pakistan's PTI has condemned the government for throttling internet speeds under the pretext of security concerns, citing severe economic repercussions. PTI's Sheikh Waqqas Akram highlighted that Pakistan suffered USD 1.62 billion in losses due to internet shutdowns in 2024, the highest g
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Pakistan leads global financial losses from internet shutdowns, topping do
Updated : 1 year, 4 months ago IST
Pakistan ranked first globally for the financial losses incurred due to internet and social media app outages and shutdowns, with a total loss of USD 1.62 billion. This figure surpassed the losses of countries like Sudan and Myanmar, which are experiencing civil wars.
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Biden blocks Nippon Steel's USD 14.3 billion takeover of US Steel
Updated : 1 year, 4 months ago IST
US President Joe Biden has blocked Japan's Nippon Steel from acquiring US Steel in a USD 14.3 billion deal, citing national security concerns. The decision, supported by the United Steelworkers union, reflects apprehensions about foreign control over a critical industry but faces criticism f
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Samuthra Infrastructure Announces 10-State Industrial and Business Park In
Updated : 1 year, 4 months ago IST
Chennai (Tamil Nadu) [India], January 3: Samuthra Infrastructure Pvt. Ltd., one of India's largest land aggregators, proudly announces its strategic foray into the industrial and business park sector. This transformative initiative aims to redefine India's manufacturing ecosystem with dev
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India's PLI schemes to boost revenue of 720 companies by USD 459 billion o
Updated : 1 year, 4 months ago IST
The central government's Production-Linked Incentive (PLI) schemes could generate an incremental revenue of USD 459 billion over the next 5-6 years across more than 720 companies, according to a report by Goldman Sachs.
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Qatar's foreign merchandise trade surplus achieves QR 57.7 billion in Q3 2
Updated : 1 year, 4 months ago IST
In Q3 of 2024, Qatar recorded a merchandise trade balance surplus (difference between total exports and imports) of QR 57.7 billion down from QR 60.9 billion in Q3 2023.
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Dubai Duty Free posts all-time annual sales high of AED7.9 billion
Updated : 1 year, 4 months ago IST
December set an all-time monthly record with sales of AED821.94 million (US$225.19 million), a +2% increase over December 2023, which until now was the highest-grossing month in Dubai Duty Free's history.
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Pakistan: Khyber Pakhtunkhwa's health sector struggles despite billions in
Updated : 1 year, 4 months ago IST
Despite more than ten years of governance by the Pakistan Tehreek-e-Insaf (PTI) in Khyber Pakhtunkhwa (KP) province of Pakistan, the province's public health system continues to face major challenges. The anticipated improvements in healthcare services and reforms have not been realized, lea
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India is well positioned to more than fend for itself, it can enhance its
Updated : 1 year, 4 months ago IST
Mahindra highlighted India's remarkable evolution, emphasising its growing self-reliance and influence on the global stage. "India is well positioned to more than fend for itself. It is no longer the 99-pound lightweight on the beach. It can demonstrate military might. It can boast of polit
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