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Insurance benefits to stay for EPFO subscribers

The minimum and maximum benefits under the Employees’ Deposit Linked Insurance Scheme were enhanced from ₹1.5 lakh and ₹6 lakh to ₹2.5 lakh and ₹7 lakh respectively in 2021 and the benefits were valid for a period of three years, which came to an end on April 27, 2024.




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'India's growth rate among the shiniest parts of the world economy': Ajay Banga

A lot of that growth is in India, is driven by the domestic market as well, which actually is a healthy sign, in some ways, says World Bank president Ajay Banga




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China's economy grew 4.6% in July-September quarter, falling short of 5% target

The latest data show the world's second largest economy slowing from 4.7% annual growth in the previous quarter and falling short of the official target of “about 5%” growth for 2024,




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RBI maintains tight vigil on financial market and takes action when necessary, says RBI Governor Shaktikanta Das

The RBI Governor said that the central bank does not act like a policeman.




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GoM decides to cut GST on 20-litre water bottles, bicycles to 5%; raise rate on shoes, watches

The Group of Ministers on GST rate on life and health insurance decided to exempt GST on premiums paid for health insurance with coverage of ₹5 lakh for individuals other than senior citizens; final decision to be taken by the GST Council




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Market capitalisation of four of top-10 valued firms jumps ₹81,151 crore; ICICI, HDFC Bank biggest gainers

Reliance Industries continued to remain the most-valued domestic firm, followed by TCS, HDFC Bank, Bharti Airtel




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India well positioned to capitalise on new growth opportunities: Nirmala Sitharaman

Nirmala Sitharaman said that India is looking towards boosting domestic capacities, and building resilience against external shocks




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IMF maintains India’s growth projection at 7% for FY25

The growth rate projection is 6.5% in the next fiscal year (FY2025-26)




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India scraps export tax on parboiled rice to boost exports

Bigger rice shipments from India would beef up overall global supplies and soften international prices




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The job crisis undermines state legitimacy

Unemployment is not merely an economic issue, but a fundamental political challenge that strikes at the heart of how we organise our societies




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India wouldn't be fastest-growing economy if people hadn't utilized digital infrastructure: Nirmala Sitharaman

Nirmala Sitharaman highlighted that providing free digital access to the public, coupled with extensive campaigns and awareness programs in local languages, helped people across the country embrace technology




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Centre re-starts retail sale of pulses as prices rise ahead of festivals

Direct interventions through retail sale of basic food items such as rice, atta, dal and onion have helped maintain a stable price regime, Union Consumer Affairs and Food Minister Pralhad Joshi said




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Restrictions removed on non-basmati rice exports

DGFT has removed the $490 a tonne minimum export price on non-basmati white rice with immediate effect




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Watch: US elections: Who are Trump and Harris appealing to?

We also analyse the IMF’s report on world economy as well as their forecast for India.




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FPIs withdraw ₹85,790 crore from Indian equities in October on attractive Chinese market valuations

Since June, foreign portfolio investors (FPIs) have consistently bought equities after withdrawing ₹34,252 crore in April-May




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New investments see a boom in second quarter

Government capex recovers from a lull in the first quarter; overall investments jump 42.5% sequentially in the second quarter of 2024-25 to ₹9.21 lakh crore; private investors also step up, at a slower pace




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Finance Ministry flags softer urban demand, factory output

The Ministry’s latest monthly economic review points to evidence of a slowdown in urban demand as reflected in the performance of various indicators during the first half of FY25




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Cyclical slowdown? Nomura thinks so

Days after its research report stating ‘the growth glass looks half empty’ for India, Nomura economists signal weak urban demand is unlikely to rebound soon and GDP growth may even slip under 6.7% this year




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Rupee opens on flat note at 84.08 against U.S. dollar

Rupee opens flat against U.S. dollar, influenced by foreign fund outflows, strong dollar, and domestic equity trends




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Core sector output at 10-month low in September, deepening growth anxieties

Steel, power, oil and gas output growth slows, though cement output grows faster; economists say industrial production growth likely slowed in September, and may drag down annual growth projections




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Bibek Debroy, Chairman of PM’s Economic Advisory Council, no more

The author, professor and former NITI Aayog member was 69.




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Bibek Debroy: Tributes pour in after death of noted economist

Prime Minister Narendra Modi and President Droupadi Murmu were among those who paid tribute to the PM’s Economic Advisory Council chairman




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Jet fuel sees 3.3% hike; commercial LPG rates rise by ₹62

This is the fourth straight monthly hike in commercial LPG prices; Commercial LPG now costs ₹1,754.50 per 19-kg cylinder in Mumbai, ₹1,911.50 in Kolkata and ₹1,964.50 in Chennai




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GST receipts’ growth rebounds in October, but still off target

Collections surpass ₹1.87 lakh crore in October, marking the second highest monthly collections on record, with growth mounting to 8.9% in October from September’s 40-month low uptick of 6.5%




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FMCG firms worry over high inflation, squeezing urban market; hint price hike

Rising prices of commodity inputs such as palm oil, coffee and cocoa were also accentuated and some FMCG firms have hinted at a price hike




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FPIs withdraw record ₹94,000 crore from Indian equities in October on attractive Chinese valuations

Foreign portfolio investors withdrew ₹94,000 crore from Indian stock market in October due to high valuations, shifting focus to Chinese stocks




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India’s manufacturing growth accelerates in October: PMI

Cost pressures spiked to a three-month high, new export orders accelerate from 18-month low growth in September




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Government invites applications for RBI Deputy Governor

Applicants should have at least 25 years of work experience in Public Administration including experience at the level of Secretary or equivalent in the Government of India




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Nearly 98% ₹2000 banknotes returned; ₹6,970 crore worth notes still with public

On May 19, 2023, the RBI announced the withdrawal of ₹2000 denomination banknotes from circulation




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Indian service providers signal robust growth in October on strong demand conditions

India’s services PMI rebounds to 58.5 in October, driven by strong output, new business, and job creation, signaling economic growth




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China braces for tensions after Trump victory in U.S.

As President-elect Donald Trump prepares to start his second term in office, China is looking at unpredictability in its ties with the U.S. and renewed tensions over trade, technology, and Taiwan




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What happens to Indian firms on U.S. blacklist?

Were they sanctioned for supply and sales to Russia? Will things be different under the Trump administration?




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Singles' Day shopping festival loses its shine under China's lagging economy

The annual event named by the numeric form of its Nov. 11 date was started by e-commerce platform Alibaba, which offered attractive discounts to entice shoppers to spend big.




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Rupee may depreciate 8-10% during Trump 2.0, says SBI report

Forex traders said the rupee is likely to remain under pressure unless there is a softening in the dollar index or a slowdown in foreign fund outflows




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Net direct tax collection grows 15.41% to ₹12.11 lakh crore till Nov 10

Refunds worth ₹2.92 lakh crore was issued during the period, a 53% jump over year-ago period.




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In South America, Trump already losing a trade battle with China

China’s trade lead in Peru over the United States widened to $16.3 billion last year, a stark reversal of just a decade ago when Washington was the dominant player.v




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At nearly 5-year high, 42.2% vegetable price rise propelled October retail inflation past 6.2% 

“High food inflation in October, 2024 is mainly due to increase in inflation of vegetables, fruits and oils and fats,” the National Statistical Office said




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On the Draw — November 25, 2023




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On the Draw | November 29, 2023




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On the draw - November 30, 2023




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On the Draw — December 1, 2023




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On the draw — December 3, 2023




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On the draw — December 7, 2023




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On the Draw — December 9, 2023




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On the Draw — December 11,2023




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On the Draw — December 14, 2023




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On the Draw — December 19, 2023




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On the Draw — December 20, 2023




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On the Draw — December 21, 2023




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Parliament proceedings | Three more MPs suspended, total at 146 as Opposition’s protest over mass suspension continues

Union Parliamentary Affairs Minister Pralhad Joshi moved a resolution to suspend MPs Nakul Nath, Deepak Baij and D.K. Suresh for misconduct and storming the Well in the Lower House