BUSINESS
Bangladesh's Forex Reserves Fall to $18.61 Billion
The Bangladesh Bank data showed the country's foreign exchange reserves stood at 18,611.40 million dollars on Nov. 28, the last working day of the month, according to the International Monetary Fund (IMF) calculation method, Xinhua news agency reported.
Narayana Murthy Reaffirms Support for 70-Hour Workweek, Urges Youth to Work Hard
He first floated the idea of a 70-hour work week in 2023 with the aim of boosting growth. While he invited wide-ranging criticism from people and doctors, many - including Ola CEO Bhavish Aggarwal - hailed the concept.
OpenAI Whistleblower Suchir Balaji Found Dead at US Apartment
In October, the 26-year-old AI researcher raised serious concerns about Sam Altman-run chatGPT maker OpenAI "breaking copyright law".
Buy on Dips Strategy Proving Effective in Indian Stock Market Amid Strong Rebound
With inflation coming within the RBI's tolerance level and an expectation of further ease in food prices on account of seasonal corrections in vegetable prices, it could build up the expectation for ease in monetary policy in February," says Vinod Nair, Head of Research, Geojit Financial Services.
Sri Lankan Minister: No Issue with Adani Funding Colombo Port Project Independently
In an exchange filing late on 10 December, Adani Ports and SEZ Ltd said the project "is on track for commissioning by early next year" and added that the company will fund the ongoing project through "internal accruals", aligning with its capital management strategy.
RBI Receives Bomb Threat in 'Russian' Language, Second Incident in a Month
Apparently written in the Russian language, the email was sent to the official website of the Central Bank on Thursday afternoon with a threat to blow up the building with explosives.
Sensex, Nifty Drop Over 1% Amid Global Risk Concerns
The market trend remained negative. In the National Stock Exchange, 340 stocks were trading in green, while 2,047 stocks were in red.
Report Forecasts Accelerated Industrial Growth and Eased Inflation in H2 of 2024-25
"So far, high food inflation, elevated interest rates and slowing credit growth have affected consumption recovery. However, with food inflation showing signs of easing, the space for discretionary consumption is expected to rise," the report states.
India's Industrial Production Grows 3.5% in October 2024, Shows Data
The sector plays a key role in providing quality jobs to the young graduates passing out from the country's engineering institutes and universities.
69% of $1 Trillion FDI into India Received in the Last Decade: Government
This landmark achievement was supported by a nearly 26 per cent increase in FDI to $42.1 billion during the first half of the current fiscal year," the review said.
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