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Economy

Eagle’s eye view of economy and markets.

Global Association of MSMEs, Meghalaya Rural Bank sign MoU

PTI -
Shillong, Jun 17 (PTI) The Global Association of MSMEs (GAMSME) and the Meghalaya Rural Bank on Wednesday signed an MoU to help self-help...

BMW rolls out MINI Countryman C locally with introductory price of Rs 47.5 lakh

PTI -
Chennai, Jun 17 (PTI) Luxury carmaker BMW Group India on Wednesday expanded its premium portfolio with the launch of the locally assembled petrol-powered MINI...

TVK White Paper audits finances under DMK: Every newborn carries debt burden of Rs 1.28 lakh now

Shweta Tripathi -
Issuing a White Paper was among first announcements made by CM C. Joseph Vijay upon assuming office. The documents says Tamil Nadu’s debt doubled, deficits widened, liabilities surged in 5 years.

Geon completes integration of 2.88 GWh BESS project in Khavda

PTI -
Mumbai, June 16 (PTI) Battery solutions provider Geon on Tuesday announced the commissioning and integration of a 2.88 GWh Battery Energy Storage System...

Rupee slips 2 paise to settle at 94.60 against US dollar

PTI -
Mumbai, Jun 16 (PTI) The rupee ended 2 paise lower at 94.60 against the US dollar on Tuesday, breaking its two-day gaining momentum...

Assam: NCDEX launches campaign to expand investor base

PTI -
Guwahati, Jun 16 (PTI) Commodity exchange NCDEX on Tuesday rolled out a pan-India campaign aimed at expanding its investor base in smaller cities...

Gold slips Rs 200 in Delhi; silver trades flat amid subdued domestic demand

PTI -
New Delhi, Jun 16 (PTI) Gold prices slipped marginally by Rs 200 in the national capital on Tuesday, while silver prices remained unchanged...

Navitas Solar announces Rs 1,500 cr investment to expand manufacturing capacity in Gujarat

PTI -
New Delhi, Jun 16 (PTI) Navitas Solar on Tuesday announced an investment of around Rs 1,500 crore to expand its manufacturing capacity in...

UP, Gujarat, Jharkhand, 10 other states record revenue surplus in FY25: CAG report

PTI -
New Delhi, Jun 16 (PTI) Uttar Pradesh, Gujarat, Jharkhand, Manipur, and 9 other states recorded surplus revenues in 2024-25, while the remaining 15...

Govt hikes export duties on diesel to Rs 14/litre & jet fuel to Rs 12.5/litre

ANI -
There is no change in the rate of duty on exports of petrol or in existing excise duty rates on petrol & diesel cleared for domestic consumption. Revised rates come into effect Tuesday.
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On Camera

Iran player’s gun gesture was just a goal celebration. Stop projecting your politics on it

Saptak Datta -
From Gabriel Batistuta's machine-gun routine to Robbie Keane's finger-gun salute, guns aren't foreign to goal celebrations. Backlash against Iran’s Mohammad Mohebi is excessive.

ICAI to onboard 25 CA firms under PM Internship Scheme, targets 2,000 interns by year-end

Udit Bubna -
ICAI plans to engage medium and large CA firms under the PMIS, with interns likely to start joining next month. The ICAI can later open it up for everyone.

India, US, Siberia, Pakistan: 5 crashes in 3 days underline military aviation risks

Anmol Kapil -
In India, the crash involving the AN-32 transport aircraft marked the fourth major incident involving a military aircraft since the beginning of this year.

Five challenges await Modi. First, he must shake off the past and Nehru

Shekhar Gupta -
It’s a perfectly reasonable presumption that Modi will be around for a significant enough time for us to reflect on the challenges that lie ahead. I will list five.